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Actuarial Analyst
Actuarial AnalystAffinity Health • Johannesburg, South Africa
Actuarial Analyst

Actuarial Analyst

Affinity Health • Johannesburg, South Africa
19 days ago
Job description

Key Responsibilities

Valuations and Reporting

  • Assist in calculating technical provisions and preparing internal valuation reports.
  • Contribute to documentation of actuarial assumptions and methodologies.
  • Contribute to experience investigations, assumption setting, and reserve movement analysis.
  • Support regulatory submissions and statutory returns (QRT, ORSA)

Actuarial Data Management

  • Help maintain and enhance the actuarial data warehouse.
  • Ensure data quality, integrity, and consistency across actuarial datasets.
  • Work with large datasets to identify trends and anomalies.
  • Create and monitor data validation metrics to ensure data integrity
  • Build and maintain the extract, transform and load (ETL) process form the business core systems.
  • Modelling and Analysis

  • Work with actuarial models to produce forecasts, stress tests and scenario analyses.
  • Assist in maintaining and updating actuarial models used for reserving and forecasting.
  • Provide analytical support for product reviews, business planning, and management reporting and risk-based assessments.
  • Assist in analysing the financial impact of business decisions, product changes, or external events.
  • Communication and Collaboration

  • Communicate results clearly to both technical and non-technical stakeholders.
  • Help prepare presentations and reports for senior management and committee meetings
  • Liaise with finance, auditors, external actuarial functions, risk, and business operations to align data and reporting needs.
  • Candidate Requirements

    Minimum Qualifications

  • Bachelors degree in Actuarial Science or similar (SAQA-accredited).
  • Demonstratable progress toward actuarial qualification (exemptions or subjects passed) with Actuarial Society of South Africa (ASSA) or other recognised international body.
  • Experience

  • Minimum 2 years actuarial work experience in a life insurance environment. (e.g., financial reporting, valuations).
  • Exposure to SAM, IFRS 17, or other regulatory frameworks preferred.
  • Skills

  • Strong analytical and problem-solving skills.
  • Proficiency in Excel
  • Data extraction using SQL
  • Modelling in R or Python.
  • Organisational skills to keep track of multiple projects.
  • Detail-oriented with a commitment to high-quality work and documentation.
  • Deadline driven
  • Please Note : If you have not received a reply within two weeks of your application. Please consider your application unsuccessful.

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    Actuarial Analyst • Johannesburg, South Africa

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