Quantitative Analyst
2 weeks ago
Quantitative Analyst
Pretoria, GP Market Related
- Sector: Insurance
- Posted: Thursday, 10 August 2023Job Details
Are your spreadsheets scarier than a horror movie? Do you often find yourself in deep conversations about statistical models? Can you see the Matrix, not just in movies, but in real-life datasets? If you’ve been waiting for a sign, then this is it We’re hiring We’re currently searching for a quantitative analyst who dreams of algorithms.
Even if you can’t predict the stock market, but you can predict the last digit of Pi (trick question), we want you on our squad.
**The job**
This includes assisting:
- The solvency and capital manager in performing solvency calculations.
- In the reporting and management of solvency requirements as per the standard formula prescribed by the financial standard for insurers (FSI).
- In forecasting future solvency requirements.
- With the performance of regular stress and scenario testing.
- In the completion of statutory solvency returns.
- With the performance of the annual own risk and solvency assessment (ORSA).
- With the establishment of an economic model in determining solvency requirements.
**Requirements**:
- 1 to 3 years experience in a quantitative field.
- Any quantitative, statistical or mathematical degree, such as quantitative risk management, actuarial, or any relevant degree and/or equivalent qualification.
- Advanced Microsoft Excel skills.
- SAM, QRT and ORSA is key.
- SQL would be an advantage.
- Good understanding of the financial standard for insurance.
**Skills and attributes**
- Attention to detail and meticulous accuracy is essential.
- Ability to professionally communicate with various levels of staff and management.
- Display honesty, and integrity, and uphold the company’s reputation.
- Efficient and self-motivated.
- Highly organised.
- Proactive and professional.
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