Actuarial Analyst
7 days ago
insureAI City of Johannesburg, Gauteng, South Africa
Founder and CEO at insureAI | Climate Change Chair at ASSA | Chair of the ASTIN Board | Former Chief Actuary and Chief Risk OfficerAbout InsureAI
InsureAI is an innovative actuarial technology and consulting company developing next-generation AI-powered software solutions for the non-life (P&C) insurance industry. Founded by recognized actuarial experts, we're on a mission to transform how insurance companies approach pricing and risk assessment. We combine deep actuarial expertise with cutting-edge artificial intelligence to create solutions that deliver superior accuracy and efficiency while maintaining the interpretability and governance that actuaries and regulators require.
Role Overview
We're seeking a talented Actuarial Pricing Analyst to join our growing team. In this role, you'll contribute to the development and implementation of advanced pricing models that help insurers make better pricing decisions. You'll work directly with our expert team to build solutions that outperform traditional approaches while ensuring actuarial rigor and explainability. This is an exciting opportunity to be at the forefront of innovation in the actuarial profession and make a significant impact on the future of insurance pricing.
Key Responsibilities- Collaborate with our team to develop and enhance pricing models for short-term insurance products
- Analyze insurance datasets to identify patterns and relationships that can improve pricing accuracy
- Contribute to the design and implementation of model validation frameworks
- Support client implementation projects and provide technical expertise
- Stay current with industry developments and regulatory requirements
- Participate in research initiatives to advance our technical capabilities
- Document model methodologies and assist in preparing materials for client presentations
- Key requirement is prior experience in short-term insurance pricing
- Nearly or newly qualified actuary with ASSA (Actuarial Society of South Africa)
- Strong understanding of actuarial principles and statistical methods
- Familiarity with traditional pricing techniques such as GLMs
- Proficiency in at least one programming language (R, Python, or similar)
- Excellent analytical and problem-solving skills
- Strong communication skills and ability to explain complex concepts clearly
- Interest in machine learning and artificial intelligence applications in insurance
- Self-motivated with the ability to work in a fast-paced startup environment
- Experience with machine learning techniques and their application in insurance
- Knowledge of data visualization tools and techniques
- Understanding of regulatory requirements for insurance pricing models
- Experience with big data technologies and cloud computing platforms
- A dynamic startup environment where your contributions have immediate impact
- Competitive compensation package
- The chance to shape the future of actuarial science and insurance pricing
Based in South Africa (JHB/CPT) with flexible working arrangements
Application ProcessIf you're passionate about applying innovative techniques to solve complex insurance challenges and want to be part of transforming the actuarial profession, we want to hear from you.
Please send your CV and a brief cover letter explaining why you're interested in joining InsureAI to info@insureai.co
InsureAI is an equal opportunity employer committed to diversity in the workplace.
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