Job Description
Essential:
- Degree or Honours in Actuarial Science with a solid grounding in actuarial techniques and methodologies (e.g., risk modelling, claims prediction, survival analysis)
- 7+ years’ experience in the insurance or financial services industry, with a focus on actuarial analysis and the application of machine learning to solve actuarial problems
- Proven expertise in building and deploying actuarial models (pricing, reserves, claims forecasting) combined with machine learning techniques to enhance decision-making
- Strong experience in claims modelling, survival analysis, and the application of predictive analytics to real-world actuarial problems
- Leadership experience in managing or mentoring a team of actuarial professionals and data scientists to deliver complex analytics solutions
- Proficiency in BI tools (e.g., Power BI, Tableau, Qlik Sense) for translating model outputs into business-friendly visualizations
- Excellent communication skills with the ability to convey complex technical findings in clear, actionable terms to non-technical stakeholders
Preferred:
- Hands-on experience with Python, R, SQL, and cloud platforms (e.g., Snowflake, AWS, or Azure) for model development and deployment
- Experience working with large datasets and building scalable data pipelines to support actuarial and machine learning models
- Ability to shape and prioritize both technical and business requirements, balancing actuarial rigor with business acumen
- Strong understanding of data-driven decision-making frameworks, especially in actuarial and insurance contexts
Expectations
Direct & Cultivate
- Lead, mentor, and develop a team of Data Scientists to deliver high-impact solutions using both actuarial methodologies and advanced machine learning techniques
- Cultivate a collaborative, high-performance culture that encourages innovative problem-solving and data-driven decision-making
- Ensure team members have the skills, resources, and support to push the boundaries of what’s possible in actuarial and data science modelling
Design & Deliver
- Oversee the design, testing, and deployment of actuarial models (including pricing, claims reserving, and survival models) alongside machine learning models to solve critical business problems
- Combine actuarial science principles with advanced statistical modelling and machine learning algorithms to create highly effective, actionable solutions
- Measure, track, and communicate the commercial impact of models, ensuring clear business outcomes from every project
- Continuously evaluate and refine model accuracy, relevance, and alignment with shifting business priorities
Integrate Tech & Operations
- Act as the critical point of contact between the data scientists, and business stakeholders, ensuring alignment of business goals with technical deliverables
- Translate complex actuarial and machine learning concepts into clear, actionable insights for senior leadership, ensuring data-driven decisions are well understood across the organization
- Lead the integration of actuarial model outputs into the day-to-day operations, driving operational change and ensuring model adoption at all levels of the business
Enhance Performance
- Gather and document detailed requirements for actuarial analytics projects, ensuring both technical and business needs are understood and addressed
- Promote the use of best practices in actuarial modelling, data science techniques, and machine learning deployments, striving for continuous improvement and innovation
- Identify and implement opportunities for process improvements, ensuring the models are optimized and the business is maximizing the value of data
Salary Structure
- Negotiable Basic Salary
- Incentives
- Benefits
(Only suitable candidates will be shortlisted and contacted within 14 days)
Please send your CV to *****@*****.co.za
Visit our website on www.********.co.za
Follow us on Facebook and LinkedIn @GAP Consulting or on X @GAPRecruitment
GAP Consulting
SA’s Premium Recruitment Consultancy
GO APPLY NOW
Safe & secure application process
Explore More Opportunities
Get Similar Job Alerts
Job Seeker Tip
Keep track of all your job applications in a spreadsheet, including company names and application dates.
How to Apply
Click “GO APPLY NOW” to visit the company’s application page.
Follow their instructions carefully.
JVR Jobs connects you with employers – we don’t process applications directly.
Latest Job Opportunities
Western Cape: Primary Plant Design Engineer posted by Network Finance
Duties:Develop and review designs for primary plant systems (HV equipment, busbars, disconnectors, earthing, etc.) for substations.Prepare layout drawings,...
View JobGauteng: Quantity Surveyor – Estimator Construction Fourways posted by Jobs 4 All
Job Summary:A position exists within the Company for a Junior Quantity Surveyor who will work closely with and report to…
View JobSouth Africa: Hospital Network Service Provider (French Speaking) posted by Flink Recruitment
Roles and ResponsibilitiesProvider & Assistance ResponsibilitiesAct as the primary liaison between Unisure and hospital administrators, ensuring smooth...
View JobJohannesburg North: Project Engineer posted by Network Finance
They’re looking for a Solar Project Engineer to lead and support the engineering design, execution, and commissioning of UTILITY-scale Solar…
View JobJohannesburg West: Electrical Draughtsman posted by Network Finance
Duties:Develop detailed electrical and mechanical drawings using EPLAN and CAD tools.Produce accurate 3D models and 2D detailed drawings of components…
View JobJohannesburg North: Solar Business Developer posted by Network Finance
Identify and pursue new business opportunities in the solar energy sectorDevelop and maintain a strong pipeline of commercial and residential…
View Job
Browse Employers
Job Alerts