Junior Actuarial Analyst

Telesure Investment Holdings

Gauteng, South Africa


Aug 17

Provide support to senior analysts and managers within the General InsuranceActuarial team. Use statistical models to analyze data and calculate theprobability of and costs associated with certain events Data Collection & AnalysisProduce accurate reports for others by collecting data from a variety of standardsources and inputting it into standard formats. Extract and verify data used foractuarial models. Reconcile data/information against credible data sources (forexample financials) to ensure the data is complete and accurate. Before data isused for analysis/ modelling, review and acquire signed-off from the TechnicalManager.Actuarial ModelingAssist in developing actuarial models and processes. Models to be fit forpurpose and able to estimate the reality accurately. Regularly monitor Models toensuremodel performance.Insights and ReportingExtract and combine data to generate standard reports. Provide an ecosystemwhere data and data analysis is nimble and easy to access within the business.Ensure monitoring is accurate and complete and regularly validated againstcredible data sources. Review results on a regular basis and monitor againstactuals across brands and distribution channels within the business.Model Deployment and TestingDevelop the monitoring processes to measure the performance of the model/pricing under the guidance of the technical manager.Improvement / InnovationSupport others by implementing improvements and carrying out simple changemanagement tasks. Ensure data processes are continuously maintained andkept up to date.Operational ComplianceDevelop knowledge and understanding of the organization's policies andprocedures and of relevant regulatory codes and codes of conduct to ensureown work adheres to those standards. Obtain authorization from a supervisor ormanager for any exceptions from mandatory procedure. Maintain standards ofintegrity and professionalism as set out by the Actuarial Society of South Africa.Personal Capability BuildingDevelop and maintain excellent process or technical skills by participating inassessment and development planning activities as well as formal and informaltraining and coaching

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Telesure Investment Holdings

Telesure Investment Holdings (Pty) Ltd (TIH), is the holding company of some of South Africa’s leading financial service providers.