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Cape Town City Centre: Segment Pricing Actuary – Australia & New Zealand

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Job Description

This position offers rare exposure to mature offshore insurance markets and provides the opportunity to work closely with international colleagues while contributing to pricing development, in-force management, and client solutions. Key Responsibilities: Develop and maintain pricing bases and technical terms for life and health business in the Australia and New Zealand markets. Conduct pricing reviews and monitor existing treaties to ensure ongoing profitability and alignment with company standards. Support tender processes for both new and existing clients. Assess risk exposure and contribute to risk management decisions. Collaborate with global pricing teams and work effectively across different time zones. Communicate complex actuarial concepts clearly to both technical and non-technical stakeholders. Job Experience and Skills Required: Education: Degree in Actuarial Science, Actuarial Mathematics, Statistics, or a related quantitative field FASSA Experience: Minimum of 5 years actuarial experience Background in pricing retail life insurance products Experience working with mortality and morbidity datasets or studies Ability to work autonomously while contributing effectively in a collaborative environment Comfortable operating across international time zones Skills: Exposure to reinsurance pricing Proficiency in statistical or coding tools such as VBA, SQL, R, or similar Knowledge of the Australian or New Zealand life insurance landscape Experience with actuarial modelling software (e.g., GGY AXIS) Prior involvement in analytics or experience analysis projects Apply now! For more exciting Actuarial and Analytics vacancies, please visit:

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About IT / Computing / Software Jobs in Cape Town Region

The IT and computing industry in the Cape Town region is generally thriving, with a strong demand for skilled professionals in fields such as software development, data analytics, and cybersecurity. Typically, these roles are found across various sectors, including technology, finance, healthcare, and education. As a result, career opportunities in this field are often diverse and abundant.

In terms of salary ranges, it’s common to find IT and computing professionals earning between R400 000 to R1 200 000 per annum, depending on factors such as experience, company size, and industry sector. However, please note that these figures are broad estimates and may vary significantly based on individual circumstances. For instance, senior roles or those in larger companies tend to command higher salaries, while entry-level positions may be lower.

Common skills required for IT and computing roles include proficiency in programming languages such as Java, Python, or C++, experience with software development methodologies like Agile or Scrum, knowledge of data structures and algorithms, and familiarity with cloud computing platforms. Additionally, many employers also value skills such as data analysis, problem-solving, and communication.

The technology industry is a significant sector that employs IT professionals in Cape Town, followed by the financial services and manufacturing sectors. Other industries that commonly require these roles include education, healthcare, and government.

For those looking to advance their careers in IT and computing, there are various opportunities for professional development. Typically, this involves obtaining relevant certifications, such as CompTIA or Cisco, and staying up-to-date with industry trends through online courses or workshops. Many employers also provide training and mentorship programs to support employee growth. With experience and continuous learning, it’s possible to move into senior roles or specialise in a particular area of expertise.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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