Actuarial Science Professional

2 days ago


Johannesburg, Gauteng, South Africa Network Recruitment Full time

Job Summary:


We are seeking an experienced Actuarial Analyst to join our team at Network Recruitment. As a key member of our team, you will be responsible for providing actuarial support and analysis to our clients.



Key Responsibilities:

  • Actuarial Analysis: Conduct advanced actuarial analysis using MS Office and MS SQL, including data modeling, reporting, and forecasting.
  • Programming Experience: Develop and implement intermediate to advanced programming skills to support actuarial modeling and analysis.
  • SCR Knowledge: Demonstrate strong understanding of the components of SCR as prescribed by prudential standards and experience in cell captive structures is an advantage.
  • Non-Life Insurance Experience: Possess non-life insurance experience and knowledge of relevant legislation such as the Insurance Act, Prudential Standards, IFRS 4, and IFRS 17.
  • Triangulation Methods: Apply advanced understanding of triangulation methods and large loss reserving techniques for valuing IBNR.


Requirements:

  • Qualifications: BSc in Actuarial Science or equivalent qualification.
  • Actuarial Exams: Completed or exempted from at least 6 CT actuarial exams.
  • Experience: Minimum of 3 years working experience in a relevant actuarial role.


Work Environment:

This position is based at the client's office in Sandton.



Salary Range:

The estimated salary range for this position is between R750,000 - R1,200,000 per annum, depending on experience and qualifications.



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