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Johannesburg North: Actuarial Analyst posted by Communicate Finance

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Job Description

About the Role

Communicate Finance is seeking an Actuarial Analyst to join their team in Johannesburg North. The successful candidate will assist with reserving activities, capital management, reinsurance support, reporting and regulatory support, technical and pricing support, data management and process improvement, and contribute to various projects.

Key Responsibilities

  • Assist with reserving activities during key valuation cycles
  • Apply nonlife insurance and reinsurance reserving methodologies
  • Support capital management and ORSA processes
  • Contribute to solvency, risk, and capital modelling exercises
  • Assist in reinsurance optimisation and treaty analysis
  • Provide input into reinsurance structures and reviews
  • Prepare reports and presentations for senior stakeholders and regulators
  • Maintain actuarial data for regulatory submissions
  • Assist with pricing reviews and new business investigations
  • Provide technical actuarial analysis for various projects
  • Extract, clean, and validate data for actuarial models
  • Identify opportunities to improve actuarial processes and controls

Requirements

  • Technical Skills: Advanced Excel, Intermediate SQL, R, Python, Power BI
  • Knowledge of SAM (Solvency Assessment & Management)
  • 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 nonlife insurance or reinsurance

Completion of ASSA A1 & A2 Technical exams (or IFoA equivalent)

Salary & Benefits

Salary range to be discussed during the interview process.

Contact

Kayla Reddy: [kayla.reddy@communicatefinance.co.za](mailto:kayla.reddy@communicatefinance.co.za)

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.

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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.

View Job  Western Cape: Accountant posted by Communicate Finance

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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