Actuarial Analyst

2 weeks ago

Sandton, South Africa Santam Full time

What will you do?

Santam’s Actuarial and Data Analytics team has an exciting new opportunity available for a general insurance professional. The position will be based at Santam’s Offices in Alice Lane, Sandton.
What will make you successful in this role?

**KEY ACCOUNTABILITIES**:
Develop effective pricing and risk management strategies to balance profitability and growth
Benefit tracking and performance monitoring of financial, underwriting and distribution indicators
Create and maintain business reports to direct thought processes that drives action
Contribute to the development and maintenance of the internal data assets to support pricing and other modelling initiatives
Continuous process improvement and strategy evaluation
Participate in strategic projects where actuarial input is required
Support current underwriting segmentations models
Interacting with distribution (sales) and claims with the objective of constantly incorporating market trends into the product solution value chain
Supporting the development of product solutions for various market segments and channels
Ad-hoc analysis - statistical investigations as required from time to time by the business Qualifications & Experience

Actuarial student with degree in numerical science, e.g. Mathematics, Statistics, Actuarial, Data Science
Five years working experience, preferably in general insurance.
Advanced computer literacy skills in one or more of the following: Emblem, SAS, SQL, R, Python, etc.
Strong modelling skills including experience in performing statistical investigations and building pricing / predictive models
Strong data management skills
Logical and analytical ability
Self-starter, problem solver and finisher
Good report writing and presentation skills Competencies

Delivering results and meeting customer expectation
Analysing
Issue Management
Problem solving
Achieving personal work goals and objectives
Attention to detail
Planning and organising skills
Collaborates - building partnerships and working collaboratively and inclusively with others to meet shared objectives
Client focus - building strong client relationships and delivering client centric solutions
Drives results - consistently seizing opportunities and achieving results even under tough circumstances
Flexibility and adaptability - rebounding from setbacks and adversity when facing difficult situations
Cultivates Innovation - creating new and better ways for the organisation to be successful About the company

Santam is the market leader in the general insurance industry in Southern Africa. We are a large, diversified, expanding and transforming company and whilst based in South Africa, we are rapidly moving into a number of emerging markets, both in Africa and Asia.
Our success is rooted in our passion for our clients and everything we do is centred on our delivery of Insurance Good and Proper. We’re about people. People drive our business so it follows that we want to recruit the best people possible whether they work for us permanently or for a short time as temporary employees.
At Santam we are committed to transformation and embracing diversity. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society. In achieving our employment equity goals we give preference to applicants from the designated groups in alignment with the Divisions Employment Equity targets.

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