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Johannesburg: Short-Term Pricing Actuary

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Job Description

About the Role

An exciting permanent opportunity exists within a specialist short-term insurance business unit for an Assistant Vice President Specialist Level Actuarial Data Scientist. This function plays a critical role in strengthening predictive pricing capabilities, improving risk segmentation, and influencing data-driven decision-making at scale.

Key Responsibilities

  • Lead the design, development, and deployment of predictive models across the underwriting, claims, and customer segmentation.
  • Integrate emerging data sources (geospatial, behavioural, and external datasets) to enhance pricing accuracy and risk differentiation.
  • Drive model governance, transparency, documentation, and ethical data-use standards.
  • Collaborate cross-functionally to deliver high-impact analytical and pricing solutions across multiple business units.
  • Partner with enterprise-wide analytics teams to align modelling practices and adopt leading techniques and toolsets.
  • Mentor and support junior analysts and actuarial students.

Requirements

  • Education: Nearly qualified Actuary with 10 actuarial exams completed
  • Membership with a recognised actuarial association (e.g. ASSA or IFoA)
  • Experience: 5 years’ actuarial or data science experience in short-term insurance pricing, risk, or analytics
  • Proven hands-on modelling experience within a live insurance environment essential
  • Ability to demonstrate measurable commercial impact from deployed models

Qualifications

No specific qualifications mentioned.

Salary & Benefits

No information available.

How to Apply

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

About Accounting / Finance Jobs in Gauteng

In Gauteng, South Africa, the accounting and finance industry is a significant sector, offering various career opportunities for professionals with the right skills and qualifications. Typically, this field is driven by the growth of multinational corporations and local businesses in industries such as technology, financial services, and manufacturing. As a result, job seekers can expect to find a diverse range of roles available, from entry-level positions to senior leadership roles.

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When it comes to salary expectations, accounting and finance professionals in Gauteng can generally expect to earn salaries that fall within broad ranges. Typically, salaries for entry-level roles start around R400 000 – R600 000 per annum, while more senior roles can command salaries ranging from R1 million to over R3 million per annum, depending on factors such as experience, company size, and industry sector. However, it’s essential to note that these are broad ranges, and actual salaries may vary widely.

Common skills required for accounting and finance roles in Gauteng include strong technical knowledge of financial management principles, analytical and problem-solving skills, attention to detail, effective communication skills, and proficiency in financial software and systems. Additionally, many employers also value candidates with experience in budgeting, forecasting, and financial analysis. In some cases, a degree or diploma in accounting, finance, or a related field may be required.

Industries that commonly employ accounting and finance professionals in Gauteng include the financial services sector, technology industry, manufacturing sector, and public sector entities. These sectors require skilled professionals to manage their finances, prepare budgets, and provide strategic guidance on financial matters. Job seekers can expect to find opportunities across these sectors, from small businesses to large multinational corporations.

For those interested in pursuing a career in accounting or finance, there are many development opportunities available. Typically, professionals in this field can progress to senior roles, such as financial manager or director of finance, after gaining relevant experience and developing their skills. Additionally, many employers offer training programs and mentorship opportunities to support the career development of their employees.

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



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