Job Description
Working alongside actuarial, finance, capital, and audit leaders, you’ll contribute to high-stakes reporting, model development, and forward-looking actuarial initiatives in a collaborative, progressive environment that values growth, innovation, and professional development.
Key Responsibilities:
- Support the calculation and analysis of technical provisions for financial reporting
- Prepare, review, and analyse IFRS 17 actuarial input
- Assist with the development, testing, and maintenance of IFRS 17 models, processes, and controls
- Collaborate with internal stakeholders to ensure accurate and compliant actuarial reporting
- Contribute to improvements in actuarial methodologies and reporting frameworks
- Drive process improvement, digitisation, and automation initiatives
- Research and apply actuarial and accounting standards to specialised insurance products
Job Experience and Skills Required:
- Education:
- Degree in Actuarial Science with strong academic performance
- Nearly or newly qualified Actuary (ASSA or equivalent) and member of a recognised actuarial body
- Experience:
- 3+ years’ experience, preferably within the Short-Term Insurance industry
- Strong experience in reserving and/or actuarial reporting
- General insurance background advantageous
- Exposure to IFRS 17 / IFRS is beneficial but not essential
- Project-based experience advantageous
- Skills:
- Strong analytical and problem-solving abilities
- Solid understanding of actuarial processes within an Insurance environment
- Programming or data skills (e.g. VBA, R, and Python) advantageous
- Innovative mindset with a focus on efficiency and automation
- Excellent communication and stakeholder management skills
- Self-motivated, curious, and comfortable working in a collaborative team environment
For more exciting Actuarial and Analytics vacancies, please visit:
Network Recruitment International – Finance Jobs
I also specialise in recruiting in the following:
- Actuarial: Life, Short-Term, Health, Pensions, and Quantitative
- Data & Analytics: Data Scientists, Data Analysts (Python, R, SQL, Machine Learning)
- Risk: Credit Risk, Market Risk, Model Risk, and Operational Risk Analysts
- Pricing: Specialists in Insurance and Financial Products
- AI & Machine Learning: ML Ops, NLP, Predictive Modelling Data Scientists
- Quantitative: Experts across Banking, Insurance, and FinTech
If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.
For more information, contact:
Zahrah Gani
Specialist Recruitment Consultant
? Connect with me on LinkedIn
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other IT/Computer Jobs in Gauteng
The IT and computer industry is one of the most dynamic and growing sectors in Gauteng, with a thriving job market that offers a wide range of opportunities for career advancement.
In terms of salary ranges, IT professionals in Gauteng can expect to earn anywhere from R800 000 per annum for junior positions to over R2 million for senior executives. The average salary for software engineers is around R1.5 million, while data analysts can earn between R900 000 and R1.2 million. With experience and skills, IT professionals in Gauteng can expect significant salary increases, with some roles offering bonuses and benefits that can increase their overall remuneration.
To succeed in the IT industry in Gauteng, candidates need to possess a range of key skills, including programming languages such as Java, Python, and C++, as well as experience with databases, cloud computing, and cybersecurity. Strong problem-solving skills, attention to detail, and excellent communication skills are also essential for success in this field. Additionally, knowledge of ITIL (Information Technology Infrastructure Library) and Agile methodologies can be highly valued by employers.
Several major companies and industries in Gauteng are currently hiring IT professionals, including technology firms such as Microsoft, IBM, and Oracle, as well as banks and financial institutions like Standard Bank and Nedbank. The finance industry is also a significant employer of IT staff, with roles ranging from software development to data analytics and cybersecurity.
Career growth opportunities are abundant in the IT industry in Gauteng, with many companies investing heavily in employee training and development programs. With experience and skills, IT professionals can move into senior leadership positions or start their own businesses, while also pursuing further education and certifications. The Johannesburg Stock Exchange (JSE) is also a significant employer of IT staff, with roles ranging from software development to data analytics and cybersecurity.
Overall, the IT industry in Gauteng offers a wide range of exciting career opportunities for job seekers with the right skills and experience. With salaries that are competitive with those offered by major companies globally, there has never been a better time to pursue a career in this dynamic and rapidly evolving field.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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