Job Description
As a Junior Actuarial Analyst, you’ll work on live pricing models, claims data, and business performance tracking that influence millions in premium and claims decisions. This is a permanent opportunity based in Alice Lane, Sandton, Gauteng, with a hybrid work model available.What will you do?You'll join a high-performing actuarial and analytics team within South Africa’s leading general insurer – and help shape the way insurance works.What will make you successful in this role?You’ll rotate through or contribute to some of the following core areas:Model DevelopmentAssist in sourcing, validating, and preparing core pricing inputs such as exposure and claims data.Support the development and improvement of pricing models using advanced actuarial/statistical techniques, leveraging tools like Python, R, and SQL.Contribute to the implementation of pricing initiatives that align with business objectives balancing profitability, competitiveness, and risk appetite.Business Strategy and Product InsightContribute to market fit analysis and product cross-subsidisation investigations.Support ad hoc business and analytics projects that guide executive strategy.Input into product development and business processes where required.
Responsibilities + Skills
Education
Exposure to multiple business areas (pricing, claims, underwriting, analytics).Mentorship from experienced actuaries and data scientists.Clear development path towards technical specialist, pricing actuary, or analytics strategist.
Experience