Actuarial Analyst

3 days ago

Sandton, South Africa Discovery Ltd. Full time

**Business Unit**:Discovery Insure

**Function**:Actuarial Sciences

**Date**:27 Jan 2025

**Discovery - Insure**

**Actuarial Analyst - Market Pricing**

**About Discovery**

Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.

**About Discovery Insure**

Discovery Insure is committed to creating a nation of great drivers and building better businesses through our innovative Shared-value Insurance model. Discovery Insure is South Africa’s fastest growing short-term insurance company with comprehensive products that provide protection against current and emerging risks facing clients in the motor, home and business insurance sectors. Vitality Drive, an internationally-recognised and award-winning programme, is a key differentiator in the market that incentivises and rewards clients for driving well. The Vitality Drive programme has been scaled to local and international markets which now include Europe and the Middle East. The company employs over 1 000 people who are committed to putting our customers and financial advisers first by providing unique and innovative solutions and cover.

**Key Purpose**

Provide analytical capabilities to the Personal Lines Pricing team through predictive modelling exercises and in-depth analytical investigations.

**Areas of responsibility may include but are not limited to**
- Conduct in-depth investigations and ad-hoc analysis to support pricing decisions and business objectives.
- Create and refine actuarial models to monitor business performance and support development initiatives.
- Taking ownership of lifetime value models and renewal strategies to maximize customer value and retention.
- Utilize predictive modelling techniques to segment the client base and identify pricing opportunities.
- Ensure models are accurate and fit for purpose, regularly monitoring their performance.
- Establish monitoring processes to measure model performance, ensuring accuracy and reliability in pricing decisions.
- Support improvement initiatives and carry out change management tasks to enhance pricing strategies and data processes.
- Ensure data processes are continuously maintained and updated.
- Contribute to the development of pricing strategies aligned with business objectives, ensuring competitiveness and profitability.

**Skills**
- Technical / Statistical skills
- Leadership skills
- Data management skills
- Modelling skills required:

- Emblem
- Radar
- Programming skills:

- SQL
- Microsoft Office (Excel, PowerPoint, and Word) - advanced level of Excel

**Education and Experience**

**Education**:

- Matric (Essential)

**Minimum Experience**:

- At least 2-4 years experience within the short-term insurance pricing industry (Essential)
- EMPLOYMENT EQUITY

The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.

  • Actuarial Analyst

    11 hours ago

    Sandton, South Africa Discovery Limited Full time

    Actuarial Analyst Business Unit: Discovery Health Function: Actuarial Sciences Discovery Health Job Title: R&D Actuarial Analyst/Actuary About Discovery Discovery’s core purpose is to enhance and protect people’s lives. It does this through breakthrough product designs that harness incentives to encourage people to make healthier lifestyle choices....

  • Actuarial Analyst

    3 days ago

    Sandton, South Africa Mednurse Full time

    The Head Office of a large Private Hospital Group is seeking an Actuarial Analyst who will report directly to the GM Actuarial Analysis. The Actuarial Analyst will supplement the analytics team in data analysis and statistical reporting to the business. The incumbent will further be responsible for delivering business intelligence across a wide range of...

  • Actuarial Analyst

    1 week ago

    Sandton, South Africa Discovery Limited Full time

    Overview Actuarial Analyst/Actuary About Discovery Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven...

  • Actuarial Analyst

    3 days ago

    Sandton, South Africa Discovery Ltd. Full time

    **Business Unit**:Discovery Health- **Function**:Actuarial Sciences- **Date**:1 Dec 2025**Discovery Health** ** Job Title: R&D Actuarial Analyst/Actuary** ** Real Job Title: Very Smart Person***_ Bottom line is this, though._** - We need someone smart. - A driven leader, and a smart person. - Smart enough to see the wood for the trees; and estimate the...

  • Actuarial Analyst

    2 weeks ago

    Sandton, South Africa Santam Insurance Full time

    Stay safe online. Now more than ever it’s important to be cybersafe. See Santam’s tips to help you stay safe online. Learn more. Santam’s Actuarial and Data Analytics team has an exciting new opportunity available for a general insurance professional. The position will be based at Santam’s Head Office in Bellville, Cape Town or Sandton Johannesburg....

  • Actuarial Analyst

    1 week ago

    Sandton, South Africa Discovery Full time R600 000 - R1 200 000 per year

    Discovery - Discovery GreenActuarial Analyst/ActuaryAbout Discovery Discovery's core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables...

  • Actuarial Analyst

    5 days ago

    Sandton, South Africa Discovery Full time R500 000 - R1 200 000 per year

    Discovery – Discovery GreenActuarial Analyst/ActuaryAbout Discovery Discovery's core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables...

  • Actuarial Analyst III

    1 week ago

    Sandton, South Africa Capitec Full time

    Join to apply for the Actuarial Analyst III role at Capitec Purpose Statement Under general supervision, performs assignments of actuarial-related duties such as preparing, performing and analysing actuarial research and audits. Other duties include collecting data from various databases and performing standard mathematical calculations. Education (Minimum)...

  • Product Analytics

    11 hours ago

    Sandton, South Africa Sanlam Limited Full time

    A leading financial services firm is seeking a Technical Analyst to provide actuarial and data analytics support in the development and maintenance of client value propositions. This role involves managing a loyalty and rewards program, conducting actuarial analyses, and developing a dashboard to track product performance. The ideal candidate will have a...

  • Actuarial Analyst

    1 week ago

    Sandton, South Africa Mass Staffing Projects Full time

    An exciting opportunity exists at an insurer in Johannesburg. They are looking for an Actuarial Analyst (Life Valuations) to join their team. **Experience and Qualifications required**: - Degree in financial or actuarial maths. - Min 6 ASSA exams/exemptions. - 1 - 3 Years related experience.