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Johannesburg: Short-Term Pricing Actuarial Analyst

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Job Description

About the Role

A leading organisation is seeking a nearly qualified Actuary to support its actuarial and analytics teams in developing advanced pricing models, technical pricing work, and collaborating with cross-functional teams. This role offers an opportunity to contribute to strategic decisions impacting profitability and long-term risk management.

Key Responsibilities

  • Develop pricing models from first principles and enhance existing actuarial models.
  • Apply advanced modelling techniques including GLMs, decision trees, machine learning models, and ensemble methods such as Gradient Boosting and XGBoost.
  • Build and maintain modelling workflows using tools and libraries such as Python, pandas, scikit-learn, and XGBoost.
  • Work extensively with Emblem to design, calibrate, and implement actuarial pricing models.
  • Develop actuarial models across pricing, reserving, or capital modelling, depending on your area of expertise.
  • Evaluate model performance, document methodologies, and translate outputs into clear business insights.
  • Support automation initiatives and contribute to machine learning deployment processes.
  • Collaborate with actuarial, analytics, and product teams to ensure robust modelling and strong commercial outcomes.
  • Present technical findings and insights to key stakeholders and decision-makers.

Requirements

  • Education: Nearly qualified Actuary with a minimum of 10 actuarial exams completed.
  • Experience: 5 years experience in actuarial or data science roles (pricing, risk, or analytics).
  • Demonstrated experience building actuarial models from first principles.
  • Clear exposure to at least one core actuarial discipline: pricing, reserving, or capital modelling.

Qualifications

  • Formal education/certifications not specified.

Salary & Benefits

  • Not mentioned in the original description.

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How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Management / exec / consulting Jobs in Gauteng

In Gauteng, South Africa, the management, executive, and consulting positions are typically found in a variety of sectors, including financial services, technology, manufacturing, and public sector institutions. The job market for these roles is generally competitive, with a strong demand for experienced professionals who can drive business growth and lead teams to success.

When it comes to salary expectations, the range is broad due to factors such as experience, company size, and industry sector. Typically, management and executive positions in Gauteng command salaries ranging from R1 million to R5 million per annum, although these figures can vary significantly depending on individual circumstances. For example, a senior manager in a large corporation may earn at the higher end of this range, while a startup entrepreneur with limited experience may start below R500 000 per year.

Common skills required for management and executive positions in Gauteng include strategic thinking, leadership development, change management, stakeholder engagement, business analysis, and communication. Typically, these roles require professionals to possess strong analytical and problem-solving skills, as well as the ability to inspire and motivate teams to achieve their goals.

The financial services sector is often a common employer of management and executive positions in Gauteng, particularly for senior roles such as chief operating officers (COOs) or chief financial officers (CFOs). The technology industry also frequently recruits for these types of roles, with companies like Google and Microsoft being well-known employers. Manufacturing and public sector institutions also offer opportunities for professionals with management experience.

For those looking to advance in their careers, there are many development opportunities available. Typically, this includes training programs, mentorship schemes, and networking events. Common career progression paths include moving into specialist roles within an existing company, such as director or vice president positions, or taking on entrepreneurial ventures.

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



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