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Senior Insurance Actuary

Job in Benoni, 1501, South Africa
Listing for: Placements24
Full Time position
Listed on 2026-10-05
Job specializations:
  • Insurance
    Actuary, Risk Manager/Analyst, Insurance Analyst
  • Finance & Banking
    Actuary, Risk Manager/Analyst
Job Description & How to Apply Below
Location: Benoni

About the Role

Our client seeks a highly accomplished and technically proficient Senior Insurance Actuary to join their core team in Benoni . This critical role involves applying advanced mathematical and statistical methods to assess financial risks, price insurance products, and manage capital effectively. You will play a key role in strategic decision-making, providing insights into pricing, reserving, and solvency. This is an office-based position essential for the financial health and long-term success of the company's insurance operations in Gauteng .

Key Responsibilities
  • Develop, implement, and maintain actuarial models for pricing, reserving, and financial projections.
  • Analyze financial data to assess the profitability and risk of insurance products and portfolios.
  • Ensure compliance with statutory reporting requirements and solvency regulations.
  • Provide expert actuarial advice to support strategic business decisions and product development.
  • Collaborate with underwriting, claims, and finance teams to provide data-driven insights.
  • Mentor and guide junior actuaries and analysts within the department.
Requirements
  • Fellowship or near-fellowship status with a recognized actuarial society (e.g., Actuarial Society of South Africa).
  • Substantial experience (e.g., 5+ years) in insurance actuarial work, with a strong understanding of life or non-life insurance principles.
  • Advanced proficiency in actuarial modeling software and statistical analysis tools.
  • Excellent written and verbal communication skills, with the ability to explain complex concepts clearly.
  • Strong understanding of financial modeling, risk management, and regulatory environments.
Benefits
  • Highly competitive salary commensurate with experience and qualifications.
  • Comprehensive medical and retirement benefits.
  • Generous annual leave and professional development support.
  • Opportunity to work on challenging actuarial problems with significant impact.
  • A stable and professional work environment in Benoni .
Position Requirements
10+ Years work experience
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