Actuarial Specialist

2 weeks ago


Johannesburg, Gauteng, South Africa Edge Executive Search Full time
Actuarial Specialist

  • Permanent


Tea00010
  • Banking
  • Gauteng, JHB
  • Central
  • Annually Cost To Company (Negotiable)
  • The role of the Pricing Actuarial Specialist is to support the Head: Actuarial Short Term & Life with all product development and pricing functions. The Pricing Actuarial Specialist will clean, consolidate, validate and analyse data including policy movements, data reconciliations and preparation of actuarial investigations in order to come up with a pricing basis and models for purposes of technical pricing of the company's products for both shortterm and longterm insurance businesses. Part of the function is to build and implement pricing models that include system implementation and documentation of the modelling process, monitoring loss ratios and other key performance indicators to identify opportunities to improve pricing models and/or product design features. The Pricing Actuarial Specialist will research, develop, design and enhance products (crop, agriasset, individual life and group life) to enhance the product offering to clients, including profit testing and product management. This position will report to the Chief Actuarial Officer.
  • Preferred Minimum Education and Experience
  • Relevant 3year qualification in Actuarial Science or Mathematical Statistics and a student member of the Actuarial Society of South Africa ("ASSA").
  • At least 3 actuarial exemptions from ASSA or from an equivalent recognized professional actuarial body (e.g. Institute and Faculty of Actuaries).
  • 24 years Actuarial Experience in Life and/or Shortterm Insurance Industries either in product development and/or pricing. Agricultural specific insurance will be advantageous but not essential. Previous experience in a corporate (IFRS, SAM and/or ORSA) actuarial environment is advantageous but not essential.
  • At least 3 actuarial exemptions from ASSA or equivalent recognized professional actuarial body (e.g. Institute and Faculty of Actuaries).
  • Critical Competencies
  • Knowledge of Actuarial Software or Programme/Database (VBA, SQL, PowerBI, R, Python, Basys, Moses, Prophet, or similar)
  • Advanced Microsoft Office
  • Relevant legislation applicable to insurance companies such as the Insurance Act of 2017 and associated Prudential Standards Financial Soundness for Insurers as well as International Financial Reporting Standards ("IFR17")


Actuarial Methodologies
  • Knowledge and understanding of the principles, regulations and legislation pertaining to acceptable actuarial policies
  • Ability to understand Financial Statements, Accounting Ratios and Risk Metrics
  • Short term and/or Life Insurance Corporate Actuarial (SAM, ORSA)
  • Short term and/or Life Insurance Product Development & Pricing
  • Reinsurance (short term and/or life insurance)
  • Predictive Analytics and/or Machine Learning
  • Statistical/Actuarial models and Analytical Methods
  • Additional Requirements
  • Travel as and when required
  • Extended hours as and when required
  • For more information please contact:
  • Karabo Modiboa

  • Actuarial Specialist

    2 weeks ago


    Johannesburg, Gauteng, South Africa Adept Advisory (Pty) Ltd Full time

    Are you an accomplished and driven Actuarial Specialist seeking a new challenge?Minimum of 5+ years' experience as an ActuarialPrevious experience in pricing and product development will be advantageousMust be competent in Excel, SQL and SASGreat stakeholder engagement capabilitiesBSc Actuarial DegreeQualified ActuaryMust be able to perform all actuarial...

  • Actuarial Specialist

    2 weeks ago


    Johannesburg, Gauteng, South Africa Belmar Personnel Full time

    Rosebank Non-Life and a bit of life experience requiredThe CompanyA specialist cell captive insurance company, operating in the corporate risk finance, alternative distribution and underwriting management agencies sectors. A young, vibrant and innovative company with both a non-life and life cell captive license. Provide business partners and insurance...

  • Actuarial Specialist

    2 weeks ago


    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    As an Actuarial Specialist with us, you'll be at the forefront of our pricing strategies, utilizing your expertise to ensure our products are competitive and profitable. Your keen analytical skills will be put to the test as you delve into data, conduct risk assessments, and develop pricing models that align with our business objectives. Bachelor's degree in...

  • Actuarial Specialist

    2 weeks ago


    Johannesburg, Gauteng, South Africa Specd Full time

    JOB DESCRIPTION INFORMATION:Job Title: Actuarial Specialist - ValuationsEmployment Type: PermanentWork Location: JohannesburgKEY RESPONSIBILITIES:Providing actuarial business support to the group.Preparing monthly valuation data.Handling actuarial specific areas in all Group regulatory returns.Managing ORSA and SAM reporting.Ensuring valuation data integrity...


  • Johannesburg, Gauteng, South Africa Moving Heads Personnel Full time

    Focuses on investment products (including unitised products, annuities, and the umbrella offering). Own the life actuarial valuations in respect of the investment products sold, including both unitlinked and annuity products. This will include performing financial and statutory reserving, experience investigations, assumption setting, sensitivity testing,...

  • Actuarial Specialist

    2 weeks ago


    Johannesburg, Gauteng, South Africa Adept Advisory (Pty) Ltd Full time

    Job Summary:Key Responsibilities:Conduct comprehensive actuarial analyses to assess the financial stability and profitability of life insurance products for various clients.Develop and maintain pricing models, valuation models, and financial projections tailored to client needs.Analyze and interpret complex data to provide actionable insights and...

  • actuarial specialist

    2 weeks ago


    Johannesburg, Gauteng, South Africa Belmar Personnel Full time

    Actuarial Analyst Position at RosebankAbout the Company:A specialized cell captive insurance company based in Rosebank, Johannesburg, focusing on corporate risk finance, alternative distribution, and underwriting management. This company holds both non-life and life cell captive licenses, offering business partners and insurance clients the opportunity to...

  • Actuarial Specialist

    2 weeks ago


    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    We are currently seeking a talented Actuarial Analyst to join our team!Key Responsibilities:Technical Provisions: Manage technical provisions to ensure financial stabilityCapital Models: Develop and monitor regulatory and economic capital modelsActuarial Models: Create and maintain actuarial models for business supportRisk Management: Support ORSA and Risk...


  • Johannesburg, Gauteng, South Africa Innovation Group Full time

    If you are a strategic thinker with a passion for actuarial science and a drive to make a significant impact, join our team as an Actuarial Pricing Specialist In this role, you will develop and maintain pricing models, analyze product pricing and profitability, plan and manage product concept projects, and leverage data and market insights to inform...

  • Actuarial Specialist

    2 weeks ago


    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Key Responsibilities:Technical Provisions: Calculate and manage technical provisions.Capital Models: Develop and oversee regulatory and economic capital models.Actuarial Models: Create and maintain actuarial models.Risk Management: Support ORSA and Risk Appetite processes.Reinsurance: Structure and optimize reinsurance strategies.Data Analysis: Perform...

  • Actuarial Analyst

    2 weeks ago


    Johannesburg, Gauteng, South Africa Moving Heads Personnel Full time

    EXPERIENCE IN THE FINANCIAL SERVICES/INSURANCE INDUSTRY IS ESSENTIALResponsible for carrying out technical actuarial work, often using complex systems and packages and for signing off work of more junior actuarial specialists. Second line reviews in pricing and product development. Carries out technical actuarial work, often using complex systems and...

  • Actuarial Analyst

    2 weeks ago


    Johannesburg, Gauteng, South Africa Molemo Talent Solutions Full time

    The purpose of the job is to analyse data and derive insights utilising statistical and actuarial models to inform product development, benefits design and pricing within the CMS and the healthcare industry. As an Actuarial Analyst you will beresponsible to: Research and advocate various policy issues and concepts to help improve the healthcare system...


  • Johannesburg, Gauteng, South Africa CA Global Headhunters International Full time

    Job Description:Nature & Scope:Our client is currently seeking to employ a Head of Actuarial and Pricing to be based in Johannesburg, South Africa.The incumbent will be responsible for the following: Leading a team of actuaries Creating new and innovating retail investment products Integrating the products with the broader group where applicable Ideation of...


  • Johannesburg, Gauteng, South Africa Antal International Network Full time

    Exciting Opportunity: Senior Actuarial Professional A reputable consulting firm is seeking a seasoned Actuarial Expert with extensive experience in Life insurance. This position involves overseeing and executing actuarial initiatives, supporting senior leaders, and contributing to strategic business development.Qualifications:Degree in Actuarial Science or...


  • Johannesburg, Gauteng, South Africa Absa Bank Limited Full time

    Bring your possibility to life Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryOverall job...

  • Actuarial Analyst

    2 weeks ago


    Johannesburg, Gauteng, South Africa RPO Recruitment Full time

    RPO Recruitment's client in the short term insurance space is currently seeking an Actuarial Analyst to join their team in Johannesburg. As an Actuarial Analyst, you will play a crucial role in conducting complex risk analyses, financial forecasting, and providing insights for our clients in Johannesburg. This is an excellent opportunity to be part of a...

  • Actuarial Analyst

    2 weeks ago


    Johannesburg, Gauteng, South Africa Boikago Group Full time

    ACTUARIAL ANALYSTThe purpose of the job is to analyse data and derive insights utilising statistical and actuarial models to inform product development, benefits design and pricing within the company and the healthcare industry.As an Actuarial Analyst you will be responsible to: Research and advocate various policy issues and concepts to help improve the...

  • Actuarial Analyst

    2 weeks ago


    Johannesburg, Gauteng, South Africa Augment and Recruit Full time

    Purpose of the Role:The purpose of the job is to analyse data and derive insights utilising statistical and actuarial models to inform product development, benefits design and pricing within the organisation and the healthcare industry.Duties and Responsibilities: Research and advocate various policy issues and concepts to help improve the healthcare system ...


  • Johannesburg, Gauteng, South Africa RPO Recruitment Full time

    RPO's client in the insurance space is currently hiring for an Actuarial Product Specialist Team Lead. The candidate be primarily responsible for the management of retail discretionary participation business. The candidate may also assist with the development and management of corporate structured and/or guaranteed investments.Responsibilities:Oversight,...


  • Johannesburg, Gauteng, South Africa Absa Bank Limited Full time

    Bring your possibility to life Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryOverall job...