Actuarial Analyst: Actuarial and Data Analytics at Santam Insurance

JOB DESCRIPTION

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 ACCOUNTABILITIES

•  Develop effective pricing and risk management strategies to balance profitability and growth
•  Benefit tracking and performance monitoring of financial, underwriting and distribution indicators
•  Create and maintain business reports to direct thought processes that drives action
•  Contribute to the development and maintenance of internal data assets to support pricing and other modelling initiatives
•  Continuous process improvement and strategy evaluation
•  Participate in strategic projects where actuarial input is required
•  Support current underwriting segmentations models
•  Interacting with distribution (sales) and claims with the objective of constantly incorporating market trends into the product solution value chain
•  Supporting the development of product solutions for various market segments and channels
•  Ad-hoc analysis - statistical investigations as required from time to time by the business

QUALIFICATIONS AND EXPERIENCE

•  Actuarial student with degree in numerical science, e.g. Mathematics, Statistics, Actuarial, Data Science
•  One to two years working experience, preferably in general insurance.
•  Advanced computer literacy skills in one or more of the following: Emblem, SAS, SQL, R, Python, etc.
•  Strong modelling skills, including experience in performing statistical investigations and building pricing / predictive models
•  Strong data management skills
•  Logical and analytical ability
•  Self-starter, problem solver and finisher
•  Good report writing and presentation skills

COMPETENCIES

•  Delivering results and meeting customer expectation
•  Analysing
•  Achieving personal work goals and objectives