Actuarial Mathematician
1 week ago
Pretoria, Gauteng, South Africa
Network Recruitment
Full time
Job DescriptionNetwork Recruitment is seeking a highly skilled Actuarial Analyst to join their dynamic Microinsurance team. This role focuses on life, structuring & solutions, and non-life product development.
Key Responsibilities:- Data Analysis & Reporting: Collect, analyze, and interpret data for actuarial functions. Prepare reports and presentations for stakeholders.
- Pricing and Structuring: Assist in pricing and structuring new insurance products, ensuring competitiveness and regulatory compliance.
- Risk Management: Identify, assess, and manage product-related risks through stress testing and scenario analysis.
- Regulatory Compliance: Ensure compliance with actuarial standards and regulations, preparing statutory reports and ensuring product compliance.
- Experience Studies & Assumptions Setting: Conduct experience studies to inform assumptions for pricing, reserving, and risk management.
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
- Progressing towards an Actuarial qualification.
- 3-5 years of experience in an actuarial role.
- Exposure to life and non-life insurance, pricing, and product development is advantageous.