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Sandton: Actuarial Manager

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Job Description

About the Role

Our Actuarial Manager role is focused on delivering hands-on pricing and product development leadership within Dis-Chem Life’s R&D and Product environment. The role is designed for an actuary who combines strong technical pricing expertise with growing ownership, influence, and people leadership.

Key Responsibilities

  • Lead the design, enhancement, and optimisation of life insurance products across the value chain.
  • Own product pricing strategies, ensuring alignment with customer needs, commercial objectives, and risk appetite.
  • Partner with R&D, Marketing, Distribution, Operations, Finance, and Technology to deliver integrated product solutions.
  • Provide strategic actuarial input into new product launches, enhancements, and market expansions.

Requirements

  • Qualified Actuary, FASSA required (recently qualified profiles strongly suited).
  • Strong pricing and product development experience in life insurance.
  • Advanced proficiency in actuarial pricing and modelling tools (e.g. Prophet, Excel, R, SQL, VBA).
  • Solid understanding of SAM, IFRS 17, and South African life insurance regulations.

Qualifications

  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field.
  • Fellow of the Actuarial Society of South Africa (FASSA).

Requirements

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Accounting / Finance Jobs in North Johannesburg

North Johannesburg is home to a thriving financial services sector, with many multinational companies having operations in the region. Typically, the accounting and finance industry in this area experiences steady demand for skilled professionals, driven by the growth of the economy and the need for organisations to maintain accurate financial records and make informed business decisions.

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When it comes to salaries, typically the range for accounting and finance positions in North Johannesburg is quite broad, with experience, company size, and industry sector all playing a significant role in determining actual salaries. Generally, junior positions in this field can expect salary ranges of around R400 000 to R600 000 per annum, while senior roles can command salaries upwards of R1 million. However, it’s essential to note that these are broad estimates, and actual salaries may vary significantly depending on individual circumstances.

Common skills required for accounting and finance positions in North Johannesburg include proficiency in financial software, such as SAP or Excel, as well as a solid understanding of financial principles and regulations. Typically, candidates with a degree in accounting or finance, as well as relevant work experience, are best positioned to secure these roles. Other key skills include attention to detail, analytical thinking, and effective communication.

The financial services sector is one of the most significant industries that commonly employs accountants and finance professionals in North Johannesburg. Other sectors that often require these skills include technology, manufacturing, and retail. Typically, organisations in these industries need accounting and finance staff to manage their financial transactions, prepare financial statements, and provide insights to inform business decisions.

For those interested in pursuing a career in accounting or finance, there are many opportunities for development and advancement. Typically, junior roles can provide valuable experience and training, which can be used as a springboard for more senior positions within the organisation. External training programs, such as certifications offered by the South African Institute of Chartered Accountants (SAICA), can also enhance career prospects. With dedication and hard work, it’s generally possible to progress to leadership roles or transition into related fields, such as business analysis or financial planning.

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



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