Junior Acturial Analyst at PSG Konsult Ltd

Job description:

• Western National Insurance is seeking a motivated Junior Actuarial Analyst to support the Pricing team.
• This role is primarily focused on supporting pricing model development and data analysis, with a strong emphasis on building Python-based data and modelling capability.
• The role will also provide exposure to reserving processes and modelling, including supporting data preparation and system implementation activities.
• The successful candidate will gain practical experience in pricing while contributing to key short-term deliverables.

Responsibilities:

• Assist with data extraction, cleaning, and preparation using Python and SQL
• Support development and testing of pricing models (e.g. GLMs)
• Perform exploratory data analysis and basic statistical investigations
• Assist with pricing reviews, monitoring, and reporting
• Prepare clear and structured outputs for senior team members
• Contribute to automation and process improvements within pricing
• Maintain good documentation and version control of work
• Provide support to reserving data preparation and validation processes
• Assist with testing and implementation of reserving tools/systems
• Support basic reserving analyses under guidance
• Maintain clear documentation of reserving-related work

Minimum requirements:

• Degree in Actuarial Science
• 1+ years’ experience in short-term insurance
• Demonstrated experience building or supporting pricing models
• Progress with actuarial exams

Core Technical Skills:

• Working knowledge of Python (data manipulation and analysis)
• Basic understanding of statistical methods
• Basic understanding of actuarial concepts including pricing and reserving
• Excel proficiency
• SQL exposure (advantageous)

Key Attributes:

• Strong attention to detail
• Willingness to learn and develop technical skills
• Ability to work in a structured, delivery-focused environment

Closing date: 31-Jul-2026