Actuarial Specialist

1 month ago


Johannesburg, Gauteng, South Africa The Recruitment Council Full time

The Recruitment Council is seeking an experienced Actuarial Specialist to support the company's business objectives by developing, implementing, and monitoring actuarial models to address complex business problems.

Key Responsibilities:
  • Business Requirements Identification: Elicit and document complex business requirements through various methods, ensuring alignment with business goals and the clear documentation of scope, assumptions, and metrics.
  • Stakeholder Engagement: Collaborate with stakeholders across actuarial and business units to address needs and concerns, while providing consistent updates and feedback.
  • Actuarial Modeling: Develop and maintain actuarial models tailored to specific business objectives, ensuring they accurately estimate outcomes and are regularly monitored for performance.
  • Data Collection & Analysis: Use data from diverse sources to analyze trends, validate models, and ensure data completeness and accuracy. Work closely with senior management to sign off on data used for analyses.
  • Model Deployment & Testing: Manage model deployment processes, conduct impact analysis, and communicate the financial implications of model results to drive profitability and policy growth.
  • Insights & Reporting: Design and execute high-impact reports, presenting data insights that guide strategic business actions.
  • Performance Management: Oversee team performance, set measurable objectives, and facilitate the professional development of direct reports.
  • Continuous Improvement: Identify and implement improvements in actuarial processes, staying updated on best practices and evolving techniques.
Required Qualifications:
  • A Bachelor's or Honours degree in Actuarial Science (or similar), with progress towards or attainment of actuarial qualification.
  • Minimum 4 years of experience in an actuarial role, specifically within life insurance.

This role is ideal for a proactive individual ready to leverage actuarial expertise to drive customer-centered innovation within a dynamic environment.



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