Job Description
About the Role
We are seeking an Actuarial Analyst to join our team in Johannesburg, where you will be responsible for providing actuarial support and analysis to drive business decisions. The successful candidate will have a strong analytical mindset, excellent communication skills, and experience working with large datasets.
Key Responsibilities
- Assist in calculating technical provisions and preparing internal valuation reports
- Contribute to documentation of actuarial assumptions and methodologies
- Contribute to experience investigations, assumption setting, and reserve movement analysis
- Support regulatory submissions and statutory returns (QRT, ORSA)
- Actuarial Data Management: maintain and enhance the actuarial data warehouse; ensure data quality, integrity, and consistency across actuarial datasets
- Work with large datasets to identify trends and anomalies
- Create and monitor data validation metrics to ensure data integrity
- Build and maintain the extract, transform and load (ETL) process from business core systems
- Work with actuarial models to produce forecasts, stress tests and scenario analyses; assist in maintaining and updating actuarial models used for reserving and forecasting
- Provide analytical support for product reviews, business planning, and management reporting and risk-based assessments
- Assist in analysing the financial impact of business decisions, product changes, or external events
Requirements
- Minimum Qualifications: Bachelor’s degree in Actuarial Science or similar (SAQA-accredited)
- Demonstratable progress toward actuarial qualification (exemptions or subjects passed) with Actuarial Society of South Africa (ASSA) or other recognised international body
- Experience: Minimum 2 years actuarial work experience in a life insurance environment (e.g., financial reporting, valuations); exposure to SAM, IFRS 17, or other regulatory frameworks preferred
Qualifications
- None mentioned
Salary & Benefits
- Not specified
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About IT / Computing / Software Jobs in Gauteng
In Gauteng, the IT and computing industry is a significant contributor to the province’s economy, with a steady demand for skilled professionals. Typically, this field is characterized by rapid technological advancements, innovative projects, and a high level of job satisfaction among employees. Generally, career prospects in this sector are strong, with a range of opportunities available across various industries.
Salaries for IT and computing professionals in Gauteng can vary widely depending on factors such as experience, company size, and industry sector. While it is common to see salaries ranging from R400 000 to R1,200 000 per annum, these figures are only a general guideline and actual salaries may differ significantly. For instance, senior executives or technical leads with extensive experience may command higher salaries, while entry-level positions may start at lower levels.
Common skills required for IT and computing roles in Gauteng include proficiency in programming languages such as Java, Python, or C++, knowledge of cloud platforms like AWS or Azure, and experience with agile development methodologies. Additionally, understanding of data analysis and interpretation, cybersecurity principles, and IT project management are often essential. Familiarity with popular software applications, such as Microsoft Office 365 or Google Workspace, is also beneficial.
The financial services sector, technology industry, manufacturing sector, and government departments are among the common industries that employ IT and computing professionals in Gauteng. These sectors require a range of skills and expertise, from data analysis to network administration, making them attractive options for career development.
For those seeking a career in IT and computing, there are numerous opportunities for professional growth and development. Typically, career progression involves moving into senior roles or specialized positions, such as technical lead, solutions architect, or data scientist. Opportunities for further education and training, such as certifications or postgraduate studies, can also enhance job prospects. Generally, a strong understanding of industry trends, networking, and continuous learning are essential for success in this field.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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