Job Description
The Actuarial Analyst will be responsible for analyzing and interpreting data to provide insight into the financial implications of risk and uncertainty for various insurance and financial products. They will work closely with the Actuarial team to develop and enhance pricing models, perform statistical analysis, and conduct actuarial valuations.
Responsibilities:
- Preform calculations required under SAM, SARB reporting, and internal management reporting
- Perform calculations and scenario testing for the ORSA cycle
- Provide technical support for new business investigations and provide technical support for pricing reviews
- Develop data requirements and reporting templates to support regulatory reporting
- Develop business requirement specifications through discussions and interviews with relevant stakeholders
- Tracking of companywide offshore investment capacity
- Perform or review portfolio revisions or individual contract adjustments
- Develop customized specifications for data extracts depending on business needs
- Develop functional and technical specification documentation
- Continuously identify and implement incremental improvements to current processes, independent of
larger project deliverables - Liaise with relevant stakeholders to prioritise project deliverables
- Effective stakeholder management – keep management, users and developers informed of progress through effective communication and management of expectations
Requirements:
- A relevant tertiary qualification is essential Bachelors Degree (Finance / Risk Management / Mathematics /Actuarial science)
- 2–3 years experience as an Actuarial or Risk analyst
- If following the Actuarial track, steady progression with Actuarial exams
- Registration as a student member with ASSA
- Basic SQL and programming skills required
- Must have Financial Services experience
- Work experience in a stockbroking/security environment beneficial
- Investment Management or LISP platform experience beneficial
- Must have creative skills in providing possible solutions to business requirements
If you meet the above requirements and want to make a career-changing move, apply today by either filling in the online application form or emailing your CV to Hire Resolve at .za
You are also welcome to contact Michaela Boustred on LinkedIn or call her on (***)***-****.
Please note that correspondence will only be conducted with shortlisted candidates for this position. Should you not hear from us within 3 days, please consider your application unsuccessful.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Finance/Accounting Jobs in Gauteng
The finance and accounting sector is a significant contributor to the economy of Gauteng, South Africa, providing numerous opportunities for professionals looking to advance their careers. With major financial institutions, banks, and multinational corporations based in the province, there is a high demand for skilled finance and accounting professionals.
Salary ranges in Gauteng are generally in line with national averages, but can vary depending on factors such as industry, company size, and level of experience. According to recent job postings, average salary ranges for finance and accounting positions in Gauteng include:
R250 000 – R350 000 per annum for junior finance professionals
R400 000 – R600 000 per annum for experienced accountants
R700 000 – R1 200 000 per annum for senior finance managers
Key skills required for success in the finance and accounting sector in Gauteng include:
Financial planning and analysis
Accounting standards and compliance (e.g. IFRS)
Data analytics and reporting
Communication and interpersonal skills
Budgeting and forecasting
Risk management
Business acumen and strategic thinking
Major employers in the finance and accounting sector in Gauteng include:
Standard Bank, one of South Africa’s largest banks, with its headquarters located in Sandton, Johannesburg.
Multinational corporations such as IBM, which has a significant presence in the province, and Unilever, a leading consumer goods company.
The Johannesburg Stock Exchange (JSE), which is also based in the province and provides opportunities for finance professionals to work in investment banking and stockbroking.
Career growth opportunities are available in the finance and accounting sector in Gauteng, with many companies investing in training and development programs to support their employees’ career progression. Senior finance managers can move into executive roles, while experienced accountants can take on leadership positions or start their own businesses. Additionally, the JSE offers a range of training programs and certifications for finance professionals, such as the Certified Financial Analyst (CFA) program.
Overall, the finance and accounting sector in Gauteng presents numerous opportunities for career advancement and professional growth, with a high demand for skilled professionals and competitive salary ranges.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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