The successful candidate will work alongside experienced actuaries, actuarial analysts, and data professionals to support innovative insurance solutions and contribute to the profitability and sustainability of the business.
Key Responsibilities:
- Participate in pricing, product development, and enhancement initiatives.
- Conduct rate reviews and repricing exercises to maintain technical soundness and market competitiveness.
- Assist in the assessment and implementation of new product offerings.
- Collaborate with underwriting, claims, IT, and product teams to develop effective insurance solutions.
- Develop and refine pricing models, tools, and actuarial processes.
- Monitor product profitability and provide data-driven business insights.
- Investigate pricing and portfolio performance variances, recommending corrective actions where required.
- Act as a technical advisor to both internal and external stakeholders.
Minimum Requirements:
- Degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- Associate Actuary qualification or good progress towards Associate level exams.
- 2 to 4 years of relevant actuarial experience.
- Experience in actuarial modelling and data analysis.
- Knowledge of insurance products, contracts, and industry legislation.
- Strong Excel skills and proficiency in SQL.
- Exposure to Python and/or R would be advantageous.
- Experience with data extraction and reporting would be beneficial.
Ideal Candidate:
The ideal candidate is analytical, technically strong, and commercially minded, with a passion for problem-solving and innovation. You should have excellent communication skills, a proactive approach, and the ability to translate complex actuarial concepts into meaningful business insights.
Why Apply?
✅ Exposure to innovative insurance products and pricing solutions
✅ Work within a collaborative and highly skilled actuarial team
✅ Opportunity to influence key business decisions
✅ Strong career development and growth prospects
✅ Exposure to product development and strategic initiatives
? If you are looking to take the next step in your actuarial career and meet the above requirements, we'd love to hear from you.
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Network Recruitment International I also specialise in recruiting:- Actuarial (Life, Short-Term, Pensions, Health, Quant)
- Data Science & Advanced Analytics
- Pricing & Product Modelling
- Market, Credit & Quantitative Risk
- Machine Learning & AI Specialists
If you have not received a response within two weeks, please consider your application unsuccessful. Your profile will remain on our database for future opportunities. For more information, contact:Kholo Mongalo Recruitment Researcher – Actuarial & Analytics
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