Job Description
About the Role
Our global client is seeking an experienced Actuary to join their team in Sandton, Johannesburg. As an Actuary, you will play a crucial role in analyzing financial risks using mathematics, statistics, and financial theory. This is an exciting opportunity to work with a leading organization and contribute your expertise to inform decision-making and strategy.
Key Responsibilities
- Analyze and evaluate financial risks related to insurance policies, pension plans, and investment strategies.
- Develop actuarial models to predict future events and assess the financial implications of various scenarios.
- Collect, analyze, and interpret complex data sets to inform decision-making and strategy.
- Assist in the development of pricing strategies for insurance products and pension plans based on risk assessment and market trends.
- Ensure compliance with relevant regulations and standards in the actuarial field, including reporting requirements.
- Prepare detailed reports and presentations for stakeholders, including management, clients, and regulatory bodies, summarizing findings and recommendations.
- Work closely with other departments, such as underwriting, finance, and investment, to provide actuarial insights and support.
- Stay updated on industry trends, emerging risks, and advancements in actuarial science to enhance methodologies and practices.
- Provide guidance and mentorship to junior actuaries and actuarial students, fostering a culture of learning and development.
Requirements
- 3-5 years of experience in actuarial roles, preferably within the insurance or financial services sectors.
- Strong analytical and problem-solving skills.
- Proficiency in statistical software and programming languages (e.g., R, Python, SAS, Excel).
- Excellent communication skills, both written and verbal, with the ability to convey complex concepts to non-technical stakeholders.
Qualifications
- A Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field. A Masters degree is advantageous.
- Must be a qualified actuary, typically through the Actuarial Society of South Africa (ASSA) or an equivalent international body.
- Completion of the necessary actuarial exams is required.
Salary & Benefits
Salary Highly Negotiable
How to Apply
Apply online through Frogg Recruitment
About Accountant Jobs in Gauteng
In Gauteng, the demand for accountants is high, driven by the country’s growing economy and business sector. The financial services sector, technology industry, and manufacturing sector are among those commonly employing accounting professionals. Typically, job seekers in this field can expect a competitive salary range, although actual figures can vary greatly depending on factors such as experience, company size, and industry sector.
Typically, the salary range for accountants in Gauteng falls within R500 000 to R1,5 million per annum, although some senior roles or those in large companies may offer higher salaries. However, it is essential to note that these figures are only general guidelines, and actual salaries can differ significantly depending on individual circumstances.
Common skills required for accounting positions include proficiency in financial software such as SAP, Microsoft Dynamics, or Xero, as well as excellent analytical and problem-solving skills. Strong communication and interpersonal skills are also highly valued, as accountants often work with clients, colleagues, and management to ensure accurate financial reporting and compliance. Additionally, a solid understanding of tax laws and regulations is essential, as well as knowledge of Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS). Other important skills include attention to detail, organisational abilities, and the ability to work under pressure.
The accountancy industry in Gauteng offers various career development opportunities. Typically, entry-level positions can progress to senior accounting roles, such as financial controller or manager, after gaining several years of experience. Some accountants may also choose to pursue specialisation in areas like forensic accounting, audit, or tax consulting. Others may move into management positions or start their own practice. In general, the demand for skilled accountants is expected to remain strong, driven by the need for accurate financial reporting and compliance in a rapidly growing economy.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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