Ignition Group Actuarial Analyst Jobs in South Africa

Ignition Group Actuarial Analyst Jobs in South Africa

  • Compile statistical data and other information for further analysis.
  • Estimate the probability and likely economic cost of risk factors such as age, gender, tobacco use and events such as death, sickness, an accident, or a natural disaster.
  • Design, test, and administer insurance policies, investments, pension plans, and other business strategies to minimize risk and maximize profitability.
  • Develop, maintain, and analyse projection models
  • Reconcile and analyse actuarial inputs and outputs.
  • Perform experience investigations to compare actual experience to the expected experience to update the actuarial assumptions and models used.
  • Develop actuarial pricing models.
  • Develop models to evaluate business cases.
  • Interpret designs and specifications, and compile detailed product configuration specifications to implement products on to relevant administration platform.
  • Collate the required information to run the valuation models.
  • Run the valuation process and assist with the development and maintenance of valuation models.
  • Development of valuation models to meet the requirements of the changing regulatory and economic environment.
  • Support product development by learning and developing a deep understanding of the company’s administration platform.
  • Assist with the integration of intermediary administration platform and the company’s platform.
  • Review existing processes, assumptions and models used and assist with the development of a robust and well documented actuarial function.
  • Prepare presentations, reports, valuations and regular updates to facilitate business decisions.

  • Bachelor’s degree in
    mathematics, actuarial science, statistics or related analytical field
  • Professional actuary certification (e.g., Fellow of the Society of Actuaries or working towards one)
  • Minimum of 3 years progressive experience compiling data, conducting research, statistical modelling and writing reports
  • Experience working in related fields such as underwriting and product development
  • Solid background in mathematics, statistics, and business
  • Analytical problem-solving abilities and good attention to detail
  • Ability to use and develop spreadsheets, databases, and statistical analysis tools
  • Ability to explain technical matters to a non-technical audience
  • Proficient working with large data sets
  • Solid verbal and written communication skills
  • Familiarity with a wide variety of actuarial functions
  • Good understanding of economics and of the legislation relating to financial services
  • High level of numeracy, statistical and mathematical modelling

    How to Apply

    For more information and job application details, see; Ignition Group Actuarial Analyst Jobs in South Africa

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