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Johannesburg: Actuarial Analyst

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Job Description

Reserving & Valuations Assist with reserving activities during key valuation cycles Apply non‑life insurance and reinsurance reserving methodologies Capital Management (ORSA): Support capital management and ORSA processes Contribute to solvency, risk, and capital modelling exercises Reinsurance Support: Assist in reinsurance optimisation and treaty analysis Provide input into reinsurance structures and reviews Reporting & Regulatory Support: Prepare reports and presentations for senior stakeholders and regulators Maintain actuarial data for regulatory submissions Technical & Pricing Support: Assist with pricing reviews and new business investigations Provide technical actuarial analysis for various projects Data Management & Process Improvement: Extract, clean, and validate data for actuarial models Identify opportunities to improve actuarial processes and controls Skills & Experience Required: Technical Skills: Advanced Excel Intermediate SQL, R, Python, Power BI Knowledge of SAM (Solvency Assessment & Management) Competencies: Strong analytical and critical‑thinking ability Comfortable working with large, complex datasets Effective communicator and strong team collaborator Qualifications: Degree in Actuarial Science, Mathematics, Statistics, or Economics Minimum 1 year of experience in non‑life insurance or reinsurance Completion of ASSA A1 & A2 Technical exams (or IFoA equivalent) Additional Information: Industry: Short‑term / Non‑Life Insurance Location: Johannesburg Contact: Kayla Reddy

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About Accounting / Finance Jobs in Gauteng

In Gauteng, South Africa, the accounting and finance industry is a significant sector, offering various career opportunities for professionals with the right skills and qualifications. Typically, this field is driven by the growth of multinational corporations and local businesses in industries such as technology, financial services, and manufacturing. As a result, job seekers can expect to find a diverse range of roles available, from entry-level positions to senior leadership roles.

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When it comes to salary expectations, accounting and finance professionals in Gauteng can generally expect to earn salaries that fall within broad ranges. Typically, salaries for entry-level roles start around R400 000 – R600 000 per annum, while more senior roles can command salaries ranging from R1 million to over R3 million per annum, depending on factors such as experience, company size, and industry sector. However, it’s essential to note that these are broad ranges, and actual salaries may vary widely.

Common skills required for accounting and finance roles in Gauteng include strong technical knowledge of financial management principles, analytical and problem-solving skills, attention to detail, effective communication skills, and proficiency in financial software and systems. Additionally, many employers also value candidates with experience in budgeting, forecasting, and financial analysis. In some cases, a degree or diploma in accounting, finance, or a related field may be required.

Industries that commonly employ accounting and finance professionals in Gauteng include the financial services sector, technology industry, manufacturing sector, and public sector entities. These sectors require skilled professionals to manage their finances, prepare budgets, and provide strategic guidance on financial matters. Job seekers can expect to find opportunities across these sectors, from small businesses to large multinational corporations.

For those interested in pursuing a career in accounting or finance, there are many development opportunities available. Typically, professionals in this field can progress to senior roles, such as financial manager or director of finance, after gaining relevant experience and developing their skills. Additionally, many employers offer training programs and mentorship opportunities to support the career development of their employees.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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