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Johannesburg North: Actuarial Analyst posted by Communicate Finance

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Job Description


Reserving & Valuations

Assist with reserving activities during key valuation cycles
Apply nonlife 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 criticalthinking 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 nonlife insurance or reinsurance
Completion of ASSA A1 & A2 Technical exams (or IFoA equivalent)
 
Additional Information:
Industry: Shortterm / NonLife Insurance
Location: Johannesburg
 
 
Contact:
Kayla Reddy: .za
 
Connect with us on .za and Register Your CV to view all Actuarial, Risk, and Analytics vacancies.
 
If you have not had any response in two weeks, please consider your application unsuccessful. Your profile will remain on our database for future opportunities.

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How to Apply

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

About Other IT/Computer Jobs in Gauteng

The IT and computer industry is one of the most dynamic and growing sectors in Gauteng, with a thriving job market that offers a wide range of opportunities for career advancement.

In terms of salary ranges, IT professionals in Gauteng can expect to earn anywhere from R800 000 per annum for junior positions to over R2 million for senior executives. The average salary for software engineers is around R1.5 million, while data analysts can earn between R900 000 and R1.2 million. With experience and skills, IT professionals in Gauteng can expect significant salary increases, with some roles offering bonuses and benefits that can increase their overall remuneration.

To succeed in the IT industry in Gauteng, candidates need to possess a range of key skills, including programming languages such as Java, Python, and C++, as well as experience with databases, cloud computing, and cybersecurity. Strong problem-solving skills, attention to detail, and excellent communication skills are also essential for success in this field. Additionally, knowledge of ITIL (Information Technology Infrastructure Library) and Agile methodologies can be highly valued by employers.

Several major companies and industries in Gauteng are currently hiring IT professionals, including technology firms such as Microsoft, IBM, and Oracle, as well as banks and financial institutions like Standard Bank and Nedbank. The finance industry is also a significant employer of IT staff, with roles ranging from software development to data analytics and cybersecurity.

Career growth opportunities are abundant in the IT industry in Gauteng, with many companies investing heavily in employee training and development programs. With experience and skills, IT professionals can move into senior leadership positions or start their own businesses, while also pursuing further education and certifications. The Johannesburg Stock Exchange (JSE) is also a significant employer of IT staff, with roles ranging from software development to data analytics and cybersecurity.

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Overall, the IT industry in Gauteng offers a wide range of exciting career opportunities for job seekers with the right skills and experience. With salaries that are competitive with those offered by major companies globally, there has never been a better time to pursue a career in this dynamic and rapidly evolving field.


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



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