Actuarial Analyst

1 week ago

Midrand, South Africa Mobalyz Full time

**Job Advert Summary**:
Join Mobalyz Risk Services (Pty) Ltd, a leader in innovative solutions as an Actuarial Analyst in Midrand, Gauteng. Nestled in the vibrant hub of Johannesburg, this opportunity invites skilled professionals to leverage their expertise in actuarial science within a dynamic team. Mobalyz is renowned for transforming the digital landscape with cutting-edge financial technology, offering unparalleled services across the industry. As part of our esteemed Actuarial Department, you'll dive into data analysis, risk assessment, and strategic forecasting, driving impactful decisions that resonate industry-wide. With a commitment to excellence, Mobalyz empowers employees to push boundaries, fostering growth alongside the company’s ambitious vision. Elevate your career with Mobalyz, where technological advancement meets unparalleled actuarial insight.

**Minimum Requirements**:

- Bachelor's Degree in Actuarial Science
- Passed at least 5 A-level exams
- Short-term insurance experience will be advantageous
- Experience with the following software will be advantageous:

- SAS
- Emblem
- ResQ

**Duties and Responsibilities**:

- Assisting with the design and pricing of new and existing products
- Research of new market developments and generation of new product ideas
- Research product feasibility including administration requirements
- Deliver and implement new products at a high efficiency level - liaising between different divisions and departments ensuring all aspects of the new products have been considered and are being attended to, including: wordings, marketing, system development and reporting.
- Review and refine current products in terms of both profitability, persistency and their ability to meet clients’ needs relative to competitor alternatives.
- Manage Products’ Key Performance Indicators (KPIs), including:

- Take-up Rates
- Loss Ratio’s
- Lapse Rates
- Monitor and analyse in-force data (e.g. perform an experience analysis) to confirm product key performance indicators such as: take-up rates, cancellation rates, and lapse rates
- Provide input into the control cycle based on the above results, through recommendations to product design etc to ensure product KPIs remain within set target limits
- Make recommendations about improvements and opportunities relating to reserving. Advise management in the selection of reserving assumptions and methodologies. Work with stakeholders to make efficient use of capital in line with relevant regulation and accounting standards.
- Support business, marketing and sales around the products:

- By being available to answer questions on the products;
- Assisting with material for training on products; and
- Giving insight into areas where sales should be targeted and lapses can be prevented.
- Presenting of products to relevant stakeholders
- Be able to present products to relevant stakeholders, such as: management, Investors, Brokers, Sales teams.
- Ensure presentations are up-to-date, relevant and represent SA Taxi correctly

  • Actuarial Analyst

    1 week ago

    Midrand, South Africa Hire Resolve Full time

    Overview Job title : Actuarial Analyst The Actuarial Analyst will be responsible for analyzing and interpreting data to provide insight into the financial implications of risk and uncertainty for various insurance and financial products. They will work closely with the Actuarial team to develop and enhance pricing models, perform statistical analysis, and...

  • Actuarial Analyst

    5 days ago

    Midrand, Gauteng, South Africa Hire Resolve Full time R400 000 - R800 000 per year

    Job title: Actuarial AnalystThe Actuarial Analyst will be responsible for analyzing and interpreting data to provide insight into the financial implications of risk and uncertainty for various insurance and financial products. They will work closely with the Actuarial team to develop and enhance pricing models, perform statistical analysis, and conduct...

  • Actuarial and Insurance Solutions: Opportunities from Analyst to Manager

    2 weeks ago

    Midrand, South Africa Deloitte Africa Full time

    Overview At Deloitte, our Purpose is to make an impact that matters for our clients, our people, and society. This is the lens for which our global strategy is set. It unites Deloitte professionals across geographies, businesses, and skills. It makes us better at what we do and how we do it. It enables us to deliver on our promises to stakeholders, while...

  • Actuarial Analyst

    7 days ago

    Midrand, Gauteng, South Africa Sanlam Full time R90 000 - R120 000 per year

    Who are we?MiWay is a direct financial services company. We are passionate about service excellence, convenience and offering our clients superior value products. Our Vision is to be a world-class direct financial services business that offers a complete array of services under one convenient umbrella – all managed online. We are positive that with the...

  • Actuarial Analyst

    1 week ago

    Midrand, South Africa Sanlam Full time

    **Who are we?** - Job Description - Join the innovative Miway Actuarial: Rewards team, where we are committed to creating a market leading rewards programme that benefits our clients and our company. We go beyond the scope of traditional actuarial work and use our actuarial and statistical knowledge in new ways to price, reserve for and monitor our rewards...

  • Actuarial and Insurance Solutions: Opportunities from Analyst to Manager

    2 weeks ago

    Midrand, South Africa Deloitte Africa Full time

    Overview At Deloitte, our Purpose is to make an impact that matters for our clients, our people, and society. This is the lens for which our global strategy is set. It unites Deloitte professionals across geographies, businesses, and skills. It makes us better at what we do and how we do it. It enables us to deliver on our promises to stakeholders, while...

  • Actuarial Analyst

    4 days ago

    Midrand, South Africa Sanlam Full time

    **Who are we?** MiWay is a licenced non-life insurer and financial services provider, offering customers a range of non-life insurance products including motor, household, homeowners and business insurance. Our major shareholder is Santam, a blue-chip JSE-listed company, giving MiWay enough financial muscle and credibility to help build our unique brand...

  • Actuarial Analyst

    1 week ago

    Midrand, South Africa Rene Wilding Full time

    **Experience and Qualifications** - 2 years Short-term or General Insurance experience will be beneficial - Degree in Actuarial Science, Statistics, Business Sciences, Business Mathematics. Other degrees or postgraduate qualifications with a statistical/modelling aspect and/or experience will be considered. - 2 years or more experience in Microsoft Excel,...

  • Junior Actuarial Analyst

    4 days ago

    Midrand, South Africa MiWay Full time

    What will you do? An exciting new opportunity exists in the MiWay Actuarial Fraud & Claims team. We are continuously looking to enhance operational efficiencies and improve claims performance. Come join the team and be part of the challenge. What will make you successful in this role? Bachelor’s degree in Actuarial Science, Mathematical Statistics or...

  • Actuarial Assistant Manager

    1 week ago

    Midrand, South Africa Sanlam Full time

    **Who are we?** **What will you do?** - The MiWay Pricing & Product Design team will soon be expanding, creating an exciting opportunity for an Actuarial Assistant Manager. This role will involve providing support and leadership to a small team of actuarial analysts. Come join the team and be part of the challenge! **What will make you successful in this...