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Finance - Actuarial Finance Jobs

Associate Actuary

Job Information
LocationRecruitment Agency / Vacancy in SA. Johannesburg
SalaryR500 - R450 K
Job TypePermanent
EducationBsc Actuarial Science
Experience2 - 3 years

Job Description

A leading financial services company seeks an associate actuary to joint their team. Duties include

Analyse underwriting performance of Service and Maintenance plans and warranties for individual clients and combined portfolios.

Develop product frequency and severity projections and recommend changes based upon analysis.

Provide input for the pricing of future Service and Maintenance plans and warranty programs.

Develop loss triangles to derive risk reserve earnings curve patterns and recommend changes based upon current analysis.

Identify and implement areas for improvement in processes, procedures and standards

Review and implement actuarial practices to address business needs.

Support the development of unit business plans and the successful implementation of these plans in an efficient and effective manner.

Reserving: Unearned premium reserve and incurred but not reported reserve.

Ad hoc actuarial tasks.

Design, creation and maintenance of Actuarial Database.

Continuous risk management at the account and product level.

Monitoring of performance indicators, highlighting trends and analyzing causes of unexpected variances.

Minimum of a Bachelor's degree in Actuarial Science, Mathematics, Statistics, and /or other related major

Student actuary (i.e., at least 12 professional exam passes)

Minimum of two years’ experience in short term insurance.

Should you meet these requirement, please send a copy of your CV to Or Contact Lima on 011 807 8064

or email us:

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