Job Description
About the Role
Goldman Tech is seeking an experienced Actuarial Analyst to join our team in Johannesburg. As a key member of our risk management department, you will be responsible for conducting solvency assessments and managing financial reporting, as well as analyzing data and providing insights to support business decisions.
Key Responsibilities
- Conduct Solvency Assessments and Management (SAM)
- Prepare Financial Reporting
- Build Data Sets
- Analyze Reinsurance Data
- Conduct Covid Reserving Analyses
- Perform Single Premium Investment Calculations
- Prepare Conduct of Business Returns Reports
- Conduct Reinsurance Surveys
- Evaluate Valuations
- Calculate Embedded Value
- Analyze Changes in Embedded Value
- Perform New Business Profitability Analysis
- Investigate Experience
- Develop Automation Projects
- Other tasks as required
Requirements
- 3-7 years of Life insurance industry experience
- Strong attention to detail and analytical skills
- Excellent communication and Excel skills
- Experience with using actuarial modelling software such as Basys, Prophet or Moses, as well as Qlikview, SQL and R programming will be an advantage
Qualifications
- Bachelor’s degree in Actuarial Science, Mathematical Statistics, or related field
About Analyst Jobs in Gauteng
The Analyst position is a highly sought-after role in the Gauteng region, typically found in various industries such as technology, finance, and healthcare. Generally, these roles involve working with data to inform business decisions, often requiring strong analytical and problem-solving skills. In Gauteng, where economic growth and urbanisation continue to drive demand for skilled professionals, career prospects for Analysts remain promising.
Typically, the salary range for an Analyst position in Gauteng falls within a broad spectrum of R400 000 to R800 000 per annum, depending on factors such as experience, company size, and industry sector. It’s essential to note that actual salaries may vary significantly due to differences in compensation packages, benefits, and other employment terms.
Common skills required for an Analyst role include proficiency in statistical analysis software (e.g., Excel, R, Python), data visualization tools (e.g., Tableau, Power BI), and programming languages (e.g., SQL, VBA). Other essential skills often include strong analytical and problem-solving abilities, attention to detail, and effective communication skills. Additionally, experience with database management systems, statistical modeling, and data mining techniques is highly valued in this field.
Analysts can be found across various industry sectors, including financial services, technology industry, manufacturing sector, and healthcare. In these industries, Analysts are often responsible for driving business growth by providing actionable insights from complex data sets. Career development opportunities for Analysts are diverse, with many progressing to senior roles such as Senior Analyst, Business Analyst, or even leadership positions.
To advance in their careers, Analysts can leverage skills training and certification programs offered by industry associations and professional bodies. They can also explore specialisations within the field, such as data science or business analytics, to increase their value proposition to employers. With dedication and continuous learning, Analysts can enjoy rewarding career growth and advancement opportunities in Gauteng and beyond.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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