OUTsurance Vacancies – Actuarial Analyst

Website OUTsurance

Job Description:

In the personal lines pricing team, you will be part of a challenging and equally rewarding work environment where you will be responsible for the full actuarial control cycle of any project you take on. You will be able to combine traditional actuarial skills with a variety of new problem-solving techniques in order to improve rating models and product design features so as to provide better value for money to our clients. You will have the opportunity to add value to the company by working closely with people across all departments to solve business problems.

The successful candidate will form part of the personal lines pricing and product development team. The main responsibility of the candidate will be to build and improve pricing models to achieve set business targets.

Job Responsibilities:

  • Develop and design new products to enhance product offering to clients
  • Monitoring loss ratios and key performance indicators to identify opportunities to improve pricing models and / or product design features
  • Analysing data to be able to provide insights to business problems across company
  • Using statistical models to find appropriate solutions for business problems across company
  • Presenting results to senior management and other stakeholders
  • Implementing new pricing models which includes system implementation and documentation of modelling process
  • Understanding the different data sources and the value of the input data provided
  • Building pricing models using actuarial pricing techniques which includes data preparation, risk factor identification and applying different modelling techniques including Generalised Linear Models

Job Requirements:

  • Must be a self-starter who can successfully manage a number of different tasks simultaneously
  • Must have a passion for working with numbers and analysing data
  • Be able to communicate effectively with a wide variety of stakeholders
  • Solid interpersonal skills to work effectively alongside a variety of different stakeholders
  • Should have a strong affinity towards coding and designing robust solutions
  • Enjoy finding unique solutions to problems and implementing these solutions

Qualification & Experience:

  • Ideally have experience in SQL and / or C#
  • 0-3 years’ experience in actuarial analytics role
  • Successfully completed the Foundation & Intermediate Technical actuarial examinations (A1 & A2)
  • Good academic track record
  • Preferably also completed the Actuarial Risk Management exam (A3)
  • Honours Degree in Actuarial Science

Job Details:

Company: OUTsurance

Vacancy Type: Full Time

Job Location: Centurion, Gauteng, South Africa

Application Deadline: N/A

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