Actuary Specialist

Network Recruitment • Other • Cape Town, South Africa • 6h ago

Key Responsibilities:

Analyse financial risks and uncertainties using advanced mathematics, statistics, and financial theory to help organizations manage risk and make informed decisions
Assess the financial impact of future events and provide insights for pricing, investment strategies, and risk management in sectors like insurance, pensions, and finance
Analyse data and market trends to assess risks and forecast financial outcomes
Develop pricing models for insurance products and pension plans
Calculate reserves and liabilities for regulatory compliance
Advise clients on risk management strategies and mitigation
Collaborate with teams (underwriters, analysts, management) to support decisions
Stay updated on industry regulations, trends, and best practices
Prepare and present reports and recommendations to clients and stakeholders

Job Experience:

3 years' experience in risk analysis & forecasting: Analysing data to assess risks and predict financial outcomes for insurance products, pensions, and investments.
Pricing & Valuation: Designing pricing models and evaluating premiums, reserves, and liabilities.
Regulatory Compliance: Ensuring actuarial calculations meet legal and regulatory standards.

Qualifications:

Bachelors Degree in actuarial science, Mathematics, Statistics, Finance, Economics, or related field (required)
Master's Degree in a relevant field (preferred, especially for senior roles)