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Johannesburg: Actuary posted by Tumaini Consulting

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Job Description

About the Role

Tumaini Consulting is seeking an experienced Actuarial Expert in General Insurance to join their team. We are looking for a skilled professional with a strong background in statistical modelling techniques and programming languages such as R, to contribute to our pricing, reserving, and capital modelling efforts.

Key Responsibilities

  • Conduct actuarial analysis and models for general insurance products
  • Develop and implement pricing strategies and reserve calculations
  • Collaborate with the team to ensure accurate and compliant capital modelling
  • Provide expert advice on risk management and policy design

Requirements

  • Bachelor’s degree in actuarial science, statistics, mathematics, or related field
  • Strong proficiency in statistical modelling techniques and programming languages such as R
  • 5-8 years of experience in General Insurance, either in pricing or reserving and capital modelling
  • Qualified Actuary
  • Advantageous if you have the short-term insurance practicing certificate

Qualifications

No formal qualifications are specified.

Salary & Benefits

Salary details not provided.

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

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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