Actuarial Assistant

A leading insurance company is seeking a driven and detail-oriented Actuarial Assistant to join its short-term insurance team. This role is ideal for a professional who is TASSA registered, has successfully completed all A-series exams, and brings hands-on actuarial experience in the short-term insurance sector.

Responsibilities

• Support the development, maintenance, and enhancement of actuarial models within the short-term insurance environment.

• Conduct data analysis and experience investigations to inform reserving, pricing, and risk assessment.

• Assist in developing and validating assumptions used in short-term insurance pricing models.

• Prepare actuarial reports, analyses, and documentation to support decision-making across underwriting, finance, and risk functions.

• Provide actuarial input in the design and pricing of innovative, customer-focused short-term insurance products.

• Contribute to regulatory reporting requirements, ensuring compliance with frameworks such as SAM and IFRS 17.

• Collaborate with cross-functional teams, including underwriting and product development, to ensure actuarial insights are effectively integrated into business strategies.

• Monitor actual versus expected results and provide recommendations for adjustments where needed.

• Participate in actuarial research and development projects aimed at improving modelling techniques and efficiency.

Requirements

• TASSA registered with the Actuarial Society of South Africa.

• Completion of all A-series exams (Core technical exams).

• Minimum of 1–3 years’ actuarial experience, preferably in short-term insurance.

• Solid understanding of South African insurance regulations, including SAM and Treating Customers Fairly (TCF) principles.

• Strong technical and analytical skills with proficiency in actuarial tools such as Excel/VBA, R, Python, SQL, or Prophet.

• Ability to interpret actuarial results and communicate findings clearly to both technical and non-technical stakeholders.

• Keen attention to detail, problem-solving skills, and the ability to work effectively in a team environment.

Benefits

• Market-related salary

• Opportunity to grow within a leading insurance company

• Exposure to diverse actuarial projects within the short-term insurance space

Apply for this role today! Contact Lidene Pienaar at Hire Resolve or connect on LinkedIn.
You can also visit the Hire Resolve website: hireresolve.us or email your CV to: [email protected]

📌 Please use “Actuarial Assistant (Short-Term Insurance)” as your subject line when applying via email.

We will contact you telephonically in 3 days should you be suitable for this vacancy. If you are not suitable, we will keep your CV on file and contact you regarding any future vacancies that arise.