Job Description
As a Life Actuary, you’ll be part of a team that delivers actuarial excellence across the life insurance and reinsurance space. Expect exposure to a broad portfolio of projects — from IFRS 17 implementation and embedded value reporting to product development, capital modelling, and risk management.
You’ll benefit from structured mentorship, hands-on client experience, and an environment that supports both professional exams and continuous growth. This hybrid role offers flexibility, collaboration, and a clear path to advancement.
Key Responsibilities:
- Deliver actuarial projects across life insurance and reinsurance clients
- Conduct valuations, experience analyses, and reserve calculations
- Support IFRS 17 implementation, product pricing, and capital modelling initiatives
- Build and refine actuarial models and reports to provide actionable insights
- Collaborate closely with clients and consultants to solve complex actuarial problems
Job Experience and Skills Required:
- Education:
- BCom / BSc in Actuarial Science or a related quantitative field
- Student or nearly qualified member of the Actuarial Society of South Africa (ASSA)
- Experience:
- 3+ years’ actuarial experience, ideally within consulting or life insurance
- Exposure to IFRS 17, valuations, or product development advantageous
- Experience in a project-based or client-facing environment beneficial
- Skills:
- Strong Excel proficiency; experience with Prophet, R, Python, or SQL advantageous
- Analytical mindset with strong problem-solving ability
- Excellent communication, collaboration, and presentation skills
Apply now!
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
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