Actuarial Analyst (General Insurance)

About the Role

Our client is seeking a bright and ambitious Actuarial Analyst to join their General Insurance division in Nelspruit . This role offers a fantastic opportunity to apply quantitative skills to complex insurance problems, including pricing, reserving, and capital modeling. You will work closely with various departments, providing critical insights that drive strategic decision-making and ensure the financial health of the business. This position is ideal for individuals pursuing actuarial qualifications who are looking for a challenging and rewarding career path.

Key Responsibilities

• Assist in the calculation of technical provisions and reserves for general insurance liabilities.
• Support the development and validation of pricing models for new and existing products.
• Perform data analysis to identify trends, assess risks, and provide insights for business improvement.
• Contribute to capital modeling and solvency assessments, ensuring regulatory compliance.
• Prepare reports and presentations for management on actuarial findings and recommendations.
• Collaborate with underwriting, claims, and finance teams to provide actuarial support.

Requirements

• Progress towards actuarial qualifications (e.g., exam passes with a recognized actuarial society).
• Strong quantitative and analytical skills, with excellent problem-solving abilities.
• Proficiency in programming languages and statistical software (e.g., Python, R, SQL).
• Experience with Microsoft Excel and database management.
• Excellent communication skills, both written and verbal.

Benefits

• Competitive salary and study support for actuarial exams.
• Comprehensive medical and retirement benefits.
• Hybrid work model promoting work-life balance.
• Exposure to diverse actuarial functions within general insurance.
• Mentorship from senior actuaries in a growing team in Nelspruit .

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