Home South Africa Senior Actuarial Analyst | Short Term Insurance | Durban

Home South Africa Senior Actuarial Analyst | Short Term Insurance | Durban

Senior Actuarial Analyst | Short Term Insurance | Durban

Full time at The Recruitment Council in South Africa
Posted on February 1, 2025

Job details

Our client in the Banking and Finance industry has a fantastic opportunity for a Senior Actuarial Analyst to provide actuarial solutions to internal and external clients within the insurance industry, in line with their company’s Client Value Proposition.

Job Responsibilities:

  • Conduct and compile research in the short-term insurance industry and product development to provide the most appropriate range of products to clients.
  • Develop software proficiency to deliver required outputs.
  • Express ideas or facts clearly in written documentation so that the content is understood by the recipient.
  • Develop sound product and industry knowledge.
  • Assess the impact of regulation on the business and implement required changes.
  • Interact with internal and external clients to assess needs and provide solutions.
  • Provide feedback and presentations to stakeholders.
  • Develop and use collaborative relationships to facilitate the accomplishment of work goals.
  • Support the achievement of the business strategy, objectives, and values by reviewing the company’s and Business Unit Plan and ensuring delivered systems, processes, services, and solutions are aligned.
  • Ensure all personal development plan activities are completed within specified timeframe.
  • Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
  • Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders’ businesses by highlighting benefits in support of the implementation of recommendations.

Qualifications:

  • Advanced Diplomas/National 1st Degrees
  • Bachelor’s degree in Actuarial Science with good progress towards completing Actuarial Exams.

Experience:

  • 5 – 8 years in the Actuarial field in Short Term Insurance Industry.
  • Experience in Microsoft Office, SQL, and Willis Towers Watson (Radar) software will be beneficial.

Technical / Professional Knowledge:

  • Administrative procedures and systems
  • Banking knowledge
  • Business principles
  • Business terms and definitions
  • Data analysis
  • Governance, Risk and Controls
  • Microsoft Office
  • The company’s culture and values
  • The company’s vision and strategy
  • Relevant software and systems knowledge
  • Business writing skills

Behavioural Competencies:

  • Adaptability
  • Applied Learning
  • Communication
  • Collaborating
  • Innovation
  • Work Standards
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