Actuarial Analyst

Details of the offer

Stay safe online. Now more than ever it's important to be cybersafe. See Santam's tips to help you stay safe online. Learn more.Santam's Actuarial and Data Analytics team has an exciting new opportunity available for a general insurance professional. The position will be based at either Santam's Head Office in Bellville, Cape Town or Santam's Office in Sandton, Johannesburg.What will make you successful in this role?We are looking for highly professional individuals, with a specific focus on the personal and commercial lines businesses. The successful candidate will be accountable for actuarial functions which will contribute to the profitable development and financial results of the Group. Working closely with the senior management team across Product, Pricing, Underwriting and Claims Services you'll contribute to the development and execution of the broader strategy.Key responsibilities:Develop effective pricing and risk management strategies to balance profitability and growthBenefit tracking and performance monitoring of financial, underwriting and distribution indicatorsCreate and maintain business reports to direct thought processes that drives actionContribute to the development and maintenance of the internal data assets to support pricing and other modelling initiativesContinuous process improvement and strategy evaluationParticipate in strategic projects where actuarial input is requiredSupport current underwriting segmentations modelsInteracting with distribution (sales) and claims with the objective of constantly incorporating market trends into the product solution value chainSupporting the development of product solutions for various market segments and channelsAd-hoc analysis - statistical investigations as required from time to time by the businessQualifications & ExperienceDegree in either Mathematics, Statistics, Actuarial Science, Data Science or Computer Science. Non-actuarial candidates will also be considered even though the title of the position says Senior Actuarial Analyst.One to two years working experience, preferably in general insurance.Advanced computer literacy skills in one or more of the following: SAS, SQL, R, Python, Emblem etc.Strong modelling skills including experience in performing statistical investigations and building pricing / predictive models.Logical and analytical abilitySelf-starter, problem solver and finisherGood report writing and presentation skillsAnalysingPlanning and organising skillsClient focusDrives resultsFlexibility and adaptability
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