Actuarial Analyst (Life Insurance)

King Price Group

We’ve got a position available for an actuarial analyst

Company: King Price Life

Purpose of position

Support actuarial reporting and decision-making through data analysis, reserve calculations, regulatory capital assessments, investment product reporting, and actuarial model maintenance.

Key Responsibilities

  • Reconciliation and analysis of investment product and policy data
  • Analysis of product performance, fund flows, and policyholder behaviour (premiums, withdrawals, persistency)
  • Assist with the design, development, and testing of new investment products and product enhancements
  • Support actuarial reporting on investment products to management and relevant committees
  • Provide support to management in the calculation of actuarial reserves
  • Complete tasks related to the calculation of the regulatory capital requirement
  • Assist with actuarial model development
  • Maintain and run the actuarial experience investigation process

Requirements

  • Matric (essential)
  • BSc Actuarial Science or BCom Actuarial Science (required)
  • 1-4 years’ relevant experience
  • Candidates with 0 to 3 year’s relevant experience will be considered
  • Experience with Prophet (preferable), SQL and MS Office
  • Completed: A111 – A113, A211 – A214, A311, N111 and N211
  • Beneficial: F105, another F100 and F200

Skills and Attributes

  • Strong analytical, numerical, and problem-solving skills
  • Attention to detail and accuracy
  • Proficiency in data analysis and actuarial modelling
  • Ability to interpret and communicate complex information clearly
  • Strong organisational and time management skills
  • Ability to work independently and collaboratively
  • Proactive, accountable, and results-oriented
  • Commitment to continuous learning and professional development

Should you not receive any feedback within ten (10) working days after the closing date, please accept your application as unsuccessful.