Actuarial Analyst

Actuarial Analyst

Location:

George, South Africa About Pacific International Insurance

Pacific International Insurance has been helping Australians protect what matters for over 20 years. Backed by the global strength of Badger International, an insurance organisation with international interests, Pacific delivers trusted, quality insurance products across Australia and New Zealand, with full international endorsement. As an Australasian insurance underwriting company, Pacific offers a range of personal and business insurance solutions across various brands.

Pacific's business philosophy is to provide soft landings through all interactions with partners, customers, community, staff, and the broader industry, and this commitment sits at the core of every product we build and every service we deliver. This is a business that values analytical rigour, commercial integrity, and people who want to do meaningful work in a collaborative, high-output environment.

We are looking for a motivated and detail-oriented Actuarial Analyst to join our growing South African team. This is a hands-on, technically focused role that supports the delivery of actuarial, pricing, and portfolio monitoring activities across Pacific's insurance portfolios. Working under the technical direction of the Chief Underwriting Officer and Senior Actuarial Analyst, you will play a key role in building and maintaining data files, running pricing models, and producing portfolio monitoring outputs that directly inform business decisions.

Actuarial Analysis & Pricing Support

• Execute technical pricing analyses and relativity reviews under the direction of the Lead Underwriter and Actuary / Senior Actuarial Analyst.
• Maintain and update pricing models, ensuring outputs are documented, reconciled, and delivered to agreed timelines.
• Conduct competitor monitoring and benchmarking analyses to support pricing strategy.
• Support pricing implementation and testing for direct and partner portfolios.
• Assist in the preparation and documentation of monthly valuations and actuarial data files.

Portfolio Monitoring & Reporting

• Build and maintain standardised portfolio monitoring reports and dashboards as directed.
• Produce TMD monitoring metrics and portfolio performance reports on a regular basis to support the Senior Product Specialist in conducting TMD reviews and managing distribution compliance obligations.
• Support the development of detailed portfolio monitoring at rating factor level and mix change detection analyses.
• Assist in budgeting and forecasting exercises for portfolio performance.
• Ensure data files for analysis are accurately prepared, reconciled, and documented.

Data & Analytics

• Collaborate with data teams to prepare and maintain actuarial datasets for modelling and monitoring.
• Ensure data is automated, reconciled, and meets the standards required by the Appointed Actuary and the broader underwriting team.
• Apply and adopt actuarial methodologies and techniques shared by the Actuary / Senior Actuarial Analyst, contributing to the scaling of best-practice analytics across Pacific.
• Identify and flag data quality issues or anomalies to the Actuary / Senior Actuarial Analyst or Lead Underwriter.

Relationship & Communication

• Maintain regular communication with the Lead Underwriter and Actuary / Senior Actuarial Analyst to ensure alignment on priorities and delivery.
• Document analytical outputs clearly to enable review and sign-off by senior team members.
• Participate in team meetings and contribute to the continuous improvement of analytical processes and tools.

• Degree in Actuarial Studies, Statistics, Mathematics, or a related quantitative discipline.
• Working knowledge of actuarial analysis and pricing…