Johannesburg North: Short-Term Actuarial Analyst (Pricing) posted by Network Finance

April 15, 2026 Jobs in Central Johannesburg

Network Finance

Gauteng

Other IT/Computer

Job Description

About the Role

Network Finance, a leading organization, is seeking a nearly qualified Actuary to support its actuarial and analytics teams through advanced model development, technical pricing work, machine learning application, and cross-functional collaboration. This role offers the opportunity to work across sophisticated actuarial platforms, build first-principles models, and contribute to strategic decisions that influence business profitability and long-term risk management.

Key Responsibilities

Build pricing models from first principles and enhance existing actuarial models.
Apply advanced modelling techniques, including GLMs, decision trees, machine learning, and ensemble methods (e.g., Gradient Boosting and XGBoost).
Develop and implement modelling workflows using libraries such as pandas, scikit-learn, XGBoost, and other advanced toolsets.
Work extensively with Emblem to design, calibrate, and deploy actuarial pricing models.
Develop actuarial models for pricing, reserving, or capital—depending on the candidate’s area of strength.
Evaluate model performance, document methodology, and translate outputs into actionable insights.
Support automation initiatives and contribute to machine learning deployment workflows.
Work collaboratively with actuarial, analytics, and product teams to ensure accurate modelling and strong commercial outcomes.
Produce high-quality presentations and insights for key stakeholders and decision-makers.

Requirements

Education: Nearly qualified Actuary with a minimum of 10 actuarial exams completed.
Professional body membership required (e.g., Actuarial Society of South Africa or Institute and Faculty of Actuaries).
Experience: 5+ years’ experience in actuarial or data science roles (pricing, risk, or analytics).
Proven experience building models from first principles.
Clear understanding of whether your background is strongest in pricing, reserving, or capital.
Experience delivering measurable business results through actuarial modelling.

Qualifications

No qualifications mentioned.

Salary & Benefits

No salary information provided.

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How to Apply

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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.

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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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