Actuarial Analyst: Optimisation

SUMMARY:
Actuarial Analyst: Optimisation

POSITION INFO:

Actuarial Analyst: Optimisation

Cape Town

Accountable for a wide range of predictive modelling functions which will contribute to the profitable development and financial results of the Group. Working closely with the senior management team you will be responsible for the development and maintenance of data assets and utilising these assets in prescriptive modelling.

• Developing and maintaining of internal data assets to support predictive modelling initiatives
• Performance monitoring of financial, underwriting and distribution indicators
• Create and maintain business reports to direct thought processes that drives action
• Ad-hoc statistical investigations as required from time to time by the business
• Continuous process improvement and strategy evaluation
• Participate in strategic projects throughout the group where analytical skills are required
• Supporting the development of data-driven prescriptive modelling
• Support current pricing, segmentation and optimisation models
• Interacting with underwriting, distribution and claims departments with the objective of constantly incorporating market trends into the product solution value chain

Qualification and Experience

•  MSc degree in Business Analytics, Data Science or equivalent.
• 3 years’ experience in a technical role
• Experience in the insurance industry is ESSENTIAL

Knowledge and Skills

• Strong modelling skills including experience in performing statistical investigations and building predictive models
• Excellent report writing and presentation skills
• Strong data management skills
• Advanced computer literacy skills, e.g. SAS, SQL, Python, Java, etc.

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