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Centurion: Actuarial Specialist: Microinsurance

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Job Description

What you will be doing: Collect, analyse, and interpret data to support actuarial functions. Prepare reports and presentations for internal and external stakeholders. Analyse mortality, morbidity, lapse rates, and performance metrics for life and non-life insurance products. Assist in the development and pricing of new insurance products. Develop pricing models for life and non-life insurance products. Conduct profitability analyses and support deal structuring. Identify, assess, and manage risks associated with insurance products. Support the development of risk mitigation strategies, stress testing, and scenario analysis. Evaluate underwriting risks for non-life insurance policies. Ensure compliance with actuarial standards and regulatory requirements. Prepare statutory reports for life insurance products and ensure non-life products comply with local regulations. Conduct experience studies to inform assumptions used in pricing, reserving, and risk management. Analyse historical data to set assumptions and review claims and exposure data for non-life insurance products. Work closely with underwriting, finance, and product development teams. Communicate actuarial findings and recommendations effectively to senior management. Present insurance risk assessments and assist in refining underwriting guidelines. Stay updated with industry trends, actuarial techniques, and regulatory changes. Participate in relevant actuarial exams and training sessions. What we are looking for: Bachelors Degree in Actuarial Science, Mathematics, Statistics, or related field. Making good progress towards an Actuarial qualification. 3 – 5 years experience within the financial services industry 35 years working experience in an actuarial role, ideally with exposure to life and non-life insurance. Experience in pricing, product development, and risk management. Strong analytical, innovative, and collaborative skills. Excellent written and verbal communication skills. Please note if you do not hear from us within 3 weeks, please consider your application unsuccessful. Follow for the Latest Vacancies Join Psybergate Careers Channel here:

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About Accounting / Finance Jobs in Tshwane

The accounting and finance sector in Tshwane is generally considered to be a stable and attractive field, with a strong demand for skilled professionals. Typically, this industry experiences moderate growth rates compared to other sectors, driven by the steady expansion of businesses across various industries. As such, job seekers can expect a relatively secure and competitive career path.

When it comes to salary expectations in Tshwane, it’s difficult to provide an exact range, as these can vary widely depending on factors like experience, company size, industry sector, and specific role requirements. Generally, accounting and finance professionals with relevant qualifications and experience can expect to earn broad salary ranges of R500 000 to R1,5 million per annum or more, although actual salaries may differ significantly from this range. It’s essential to note that these figures are only a rough guide and should not be taken as an accurate representation of individual earning potential.

Common skills required for accounting and finance roles in Tshwane include proficiency in financial software such as Excel, Xero, or SAP; strong analytical and problem-solving skills; attention to detail and organisational ability; excellent communication and interpersonal skills; knowledge of financial regulations and standards; and experience with budgeting, forecasting, and financial analysis. Additionally, having a degree in accounting, finance, or a related field is often preferred.

The accounting and finance sector can be found across various industries, including the financial services sector, technology industry, manufacturing sector, and public sector institutions. In Tshwane specifically, many businesses and organisations require skilled accountants and financiers to support their operations, providing a range of job opportunities for those in this field.

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Career development opportunities are available throughout the accounting and finance sector. Typically, professionals can expect to progress through roles such as accountant, financial analyst, or senior financial manager, before potentially moving into more senior leadership positions. Many accountants and financiers also choose to specialise in specific areas, such as tax, auditing, or investment analysis, which can lead to further career advancement opportunities.


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



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