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Johannesburg North: Senior Actuary – IFRS 17 posted by Network Finance

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Job Description

About the Role

The successful candidate will play a key role across the full actuarial control cycle, working closely with business stakeholders to translate analytical outcomes into clear commercial insight.

Key Responsibilities

  • Develop, deploy, and monitor actuarial and pricing models across the full actuarial control cycle
  • Plan and implement model and system changes, including impact and sensitivity analysis
  • Translate actuarial outputs into clear insights on profitability, pricing, and policy growth
  • Analyse and reconcile data from multiple sources to ensure accurate modelling and reporting
  • Manage key metrics including value of new business, embedded value, and product profitability
  • Partner with business stakeholders to understand requirements and support decision making
  • Identify and implement process improvements, automation, and innovative actuarial solutions
  • Ensure compliance with regulatory, governance, and professional actuarial standards
  • Mentor and coach junior analysts and contribute to capability building within the team

Requirements

  • Bachelor’s degree in Data Science, Computer Science, Statistics, Mathematics, Actuarial Science, or a related quantitative field
  • Nearly / Newly Qualified Actuary (minimum 12 exams)

Qualifications

No qualifications mentioned.

Salary & Benefits

Salary information not specified.

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.

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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.

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



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