Actuarial Analyst

6 days ago

Cape Town, Western Cape, South Africa Network2 Full time R900 000 - R1 200 000 per year
Actuarial Analyst

Are you an ambitious Actuary or Senior Actuarial Analyst looking to step into a high-impact, entrepreneurial role? This opportunity gives you the chance to shape a new actuarial offering, drive audit support across top-tier clients, and accelerate your growth in a dynamic, fast-paced environment.

Join a newly established actuarial team where you'll play a leading role in shaping and expanding a specialised actuarial audit offering. This is an exciting opportunity for candidates who thrive in professional environments and enjoy being part of something new. You will work closely with Audit and Advisory Teams, gaining exposure to a wide portfolio of blue-chip clients across South Africa.
The environment is dynamic, supportive, and geared for growth. You will apply your actuarial expertise to deliver high-quality audit support while participating in the development of broader actuarial services. This role is perfect for someone who wants to combine technical excellence with innovation and entrepreneurial drive.

Key Responsibilities:
  • Provide actuarial audit support across clients in life insurance, general insurance, medical schemes, and retirement funds
  • Perform reviews of technical provisions, IAS 19 liabilities, and IFRS 17 liabilities, including drafting reports
  • Contribute to IFRS 17 engagements such as transition analysis, actuarial audits, and policy impact assessments
  • Conduct actuarial modelling and valuation work (liabilities, remediation, due diligence, reinsurance, capital optimisation, dashboards, etc.)
  • Assist in enhancing actuarial and risk management processes, including model reviews and operating structure improvements
  • Support research, data analysis, and development of actionable insights
  • Engage professionally with internal and external stakeholders
  • Contribute to business development, proposal writing, and the operational setup of the actuarial unit
Job Experience and Skills Required:
Education:
  • Nearly qualified or qualified actuary / Senior Actuarial Analyst
Experience:
  • Experience in life, non-life, health, or pension valuations / audit / actuarial modelling
  • Exposure to IFRS 17, IAS 19, or actuarial audit support beneficial
  • Strong analytical and modelling experience
Skills:
  • Proficiency in actuarial modelling tools and data analysis (e.g., Excel, Prophet, SQL, R, Python advantageous)
  • Strong communication and report-writing ability
  • Ability to operate in a dynamic, high-performance environment
Non-Negotiables:
  • Passion for building and growing a new actuarial offering
  • Strong technical grounding and willingness to learn across multiple industries
Apply now
For more exciting Finance vacancies, please visit:

I also specialise in recruiting in the following:
- Actuarial roles (Life, Short-Term, Health, Pensions, Quantitative)
- Data Scientists / Data Analysts (Python, R, SQL, Machine Learning)
- Risk Analysts (Credit, Market, Model Risk, Operational)
- Pricing Specialists (Insurance, Financial Products)
- Machine Learning & AI Data Scientists (ML Ops, NLP, Predictive Modelling)
- Quantitative Specialists across Banking, Insurance, and FinTech
If you have not had any response in two weeks, please consider the vacancy application unsuccessful.
Your profile will be kept on our database for future opportunities.
For more information, contact:
Heidi Joubert
Specialist Recruitment Consultant
Connect with me on LinkedIn

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