Actuarial Expert for Non-Life Insurance

1 month ago


Johannesburg, Gauteng, South Africa Network Recruitment Full time

Network Recruitment is seeking a highly skilled Actuarial Expert to join our team in Sandton. The ideal candidate will have advanced knowledge of MS Office and MS SQL, as well as intermediate to advanced programming experience.


About the Role

This exciting opportunity involves working with clients in the non-life insurance industry, providing expertise on SCR and cell captive structures. The successful candidate will have a strong understanding of prudential standards and relevant legislation, including the Insurance Act, Prudential Standards, IFRS 4, and IFRS 17.


Key Responsibilities
  • Triangulation methods and large loss reserving techniques for valuing IBNR;
  • Implementation of actuarial models and reporting tools;
  • Analysis and interpretation of data to inform business decisions.

Requirements

To be considered for this role, you will need:

  • A BSc in Actuarial Science or equivalent qualification;
  • Completed or exempted from at least 6 CT actuarial exams;
  • A minimum of 3 years working experience in a relevant actuarial role.

What We Offer

We offer a competitive salary package, with an estimated R600,000 - R800,000 per annum, depending on experience. You will also have access to ongoing professional development opportunities and a dynamic work environment.


Location

This position is based at the client's office in Sandton, offering easy access to public transport and amenities.



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