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Johannesburg: Actuarial Analyst (Non-Life)

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Job Description

About the Role

We are seeking a highly skilled Actuarial Analyst to join our team in Johannesburg. As an Actuarial Analyst, you will be responsible for performing monthly capital calculations for our organization and its clients, as well as assisting with IFRS17 modelling of LRC and LIC provisions. You will take ownership of capital projections for ORSA processes and participate in initiatives to optimize capital and regulatory compliance.

Key Responsibilities

  • Perform monthly capital calculations for the organization and its clients
  • Assist with IFRS17 modelling of LRC and LIC provisions
  • Take ownership of capital projections for ORSA processes
  • Participate in initiatives to optimize capital and regulatory compliance

Requirements

  • Degree in Actuarial Science
  • Minimum 3 years as an Actuarial Analyst; passed or exempt from at least 9 CT actuarial exams (or equivalent)
  • Expert knowledge of MS Office
  • Advanced MS SQL and programming experience
  • Strong understanding of SCR components and prudential standards
  • Familiarity with IFRS4, IFRS17, and Insurance Act

Qualifications

  • Passed or exempt from at least 9 CT actuarial exams (or equivalent)
  • Completed Degree in Actuarial Science

How to Apply

About IT / Computing / Software Jobs in Gauteng

In Gauteng, the IT and computing industry is a significant contributor to the province’s economy, with a steady demand for skilled professionals. Typically, this field is characterized by rapid technological advancements, innovative projects, and a high level of job satisfaction among employees. Generally, career prospects in this sector are strong, with a range of opportunities available across various industries.

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Salaries for IT and computing professionals in Gauteng can vary widely depending on factors such as experience, company size, and industry sector. While it is common to see salaries ranging from R400 000 to R1,200 000 per annum, these figures are only a general guideline and actual salaries may differ significantly. For instance, senior executives or technical leads with extensive experience may command higher salaries, while entry-level positions may start at lower levels.

Common skills required for IT and computing roles in Gauteng include proficiency in programming languages such as Java, Python, or C++, knowledge of cloud platforms like AWS or Azure, and experience with agile development methodologies. Additionally, understanding of data analysis and interpretation, cybersecurity principles, and IT project management are often essential. Familiarity with popular software applications, such as Microsoft Office 365 or Google Workspace, is also beneficial.

The financial services sector, technology industry, manufacturing sector, and government departments are among the common industries that employ IT and computing professionals in Gauteng. These sectors require a range of skills and expertise, from data analysis to network administration, making them attractive options for career development.

For those seeking a career in IT and computing, there are numerous opportunities for professional growth and development. Typically, career progression involves moving into senior roles or specialized positions, such as technical lead, solutions architect, or data scientist. Opportunities for further education and training, such as certifications or postgraduate studies, can also enhance job prospects. Generally, a strong understanding of industry trends, networking, and continuous learning are essential for success in this field.

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



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