Actuarial Analyst - Johannesburg - ref. i74514615

Role Overview:

As a Actuarial Analyst, you will work closely with the business and senior actuaries to:

• Support the production of actuarial valuations and regulatory returns (e.g., SAM, IFRS 17).
• Contribute to experience investigations, assumption setting, and reserve movement analysis.
• Assist in financial projections for budgeting, capital, and ORSA reporting.
• Perform data validation and ensure consistency of inputs used in actuarial models.
• Contributing to the development and maintenance of a central actuarial data warehouse, ensuring the team has reliable, well-structured data for reporting and modelling purposes.
• Collaborate with teams across Finance, Risk, Product Development, and Data Analytics.

Key Responsibilities:

• Assist in calculating technical provisions and preparing internal valuation reports.
• Contribute to documentation of actuarial assumptions and methodologies.
• Contribute to experience investigations, assumption setting, and reserve movement analysis.
• Support regulatory submissions and statutory returns (QRT, ORSA)

• Help maintain and enhance the actuarial data warehouse.
• Ensure data quality, integrity, and consistency across actuarial datasets.
• Work with large datasets to identify trends and anomalies.
• Create and monitor data validation metrics to ensure data integrity
• Build and maintain the extract, transform and load (ETL) process form the business core systems.

• Work with actuarial models to produce forecasts, stress tests and scenario analyses.
• Assist in maintaining and updating actuarial models used for reserving and forecasting.
• Provide analytical support for product reviews, business planning, and management reporting and risk-based assessments.
• Assist in analysing the financial impact of business decisions, product changes, or external events.

• Communicate results clearly to both technical and non-technical stakeholders.
• Help prepare presentations and reports for senior management and committee meetings
• Liaise with finance, auditors, external actuarial functions, risk, and business operations to align data and reporting needs.

Minimum Qualifications:

• Bachelors degree in Actuarial Science or similar (SAQA-accredited).
• Demonstratable progress toward actuarial qualification (exemptions or subjects passed) with Actuarial Society of South Africa (ASSA) or other recognised international body.

Experience:

• Minimum 2 years actuarial work experience in a life insurance environment. (e.g., financial reporting, valuations).
• Exposure to SAM, IFRS 17, or other regulatory frameworks preferred.

Skills:

• Strong analytical and problem-solving skills.
• Proficiency in Excel
• Data extraction using SQL
• Modelling in R or Python.
• Organisational skills to keep track of multiple projects.
• Detail-oriented with a commitment to high-quality work and documentation.
• Deadline driven

Please Note: If you have not received a reply within two weeks of your application. Please consider your application unsuccessful.