Data-Driven Actuarial Expert

3 days ago


Pretoria, Gauteng, South Africa Discovery Limited Full time
Data-Driven Actuarial Expert - Operations Intelligence

Based in Gauteng, this exciting opportunity is available with Discovery Limited.

Estimated Salary: R 800,000 per annum (dependent on qualifications and experience)

About the Role

This position involves developing unique, data-driven solutions to operational challenges within the insurance industry. As an Actuarial Analyst - Operations Intelligence, you will utilize statistical, actuarial, and data science techniques to optimize claims, sales, and servicing processes.

The role offers a chance to apply machine learning and generative AI to address various business problems effectively. Responsibilities may include but are not limited to enhancing fraud models, developing supplier scoring and evaluation algorithms, optimizing and automating supplier appointments, and using generative AI to enhance business processes.

Key Requirements
  • Modelling skills (Intermediate): Proficiency in statistical modelling and analytical skills is essential for success in this role.
  • Statistical and analytical skills (Intermediate): Strong understanding of statistics and analytics is necessary for data-driven decision making.
  • Programming Skills: SQL, Python, Radar (Intermediate): Experience with programming languages such as SQL, Python, and Radar is crucial for developing data-driven solutions.
  • Microsoft Office (Excel, PowerPoint, Word) (Advanced): Proficiency in Microsoft Office applications, particularly Excel, PowerPoint, and Word, is required for effective communication and data analysis.
  • Experience using Generative AI (Beginner): Familiarity with generative AI concepts is desired but not mandatory.
Education and Experience

Education: A minimum of a Matric certificate and an Honours degree in Actuarial Science and/or Mathematical Statistics/Computer Science or a strong mathematical/economics background is required.

Experience: At least 1-3 years of Research and Development experience within the insurance industry is advantageous.

Please note that the salary estimate is based on the title, job description, and location, and is subject to change based on individual qualifications and experience.



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