Actuarial Analyst Position

1 month ago


Johannesburg, Gauteng, South Africa Malander Full time
Key Responsibilities of an Actuarial Analyst

As an Actuarial Analyst at Malander, you will play a key role in providing analytical capabilities through predictive modeling exercises and in-depth analytical investigations.

Key responsibilities include:

  • Conducting in-depth investigations and ad-hoc analysis to support pricing decisions and business objectives;
  • Creating and refining actuarial models to monitor business performance and support development initiatives;
  • Taking ownership of lifetime value models and renewal strategies to maximise customer value and retention;
  • Utilising predictive modeling techniques to segment the client base and identify pricing opportunities;
  • Ensuring models are accurate and fit for purpose, regularly monitoring their performance;
  • Establishing monitoring processes to measure model performance, ensuring accuracy and reliability in pricing decisions;
  • Supporting improvement initiatives and carrying out change management tasks to enhance pricing strategies and data processes;
  • Ensuring data processes are continuously maintained and updated;
  • Contributing to the development of pricing strategies aligned with business objectives, ensuring competitiveness and profitability.

Requirements

  • 2-4 years experience in short term insurance pricing is essential;
  • Honours degree in Actuarial Science and/or Mathematical Statistics/ Computer Science or Strong mathematical/economics candidate (Essential);
  • Minimum 7+ completed CT subjects.


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