Sandton: Valuations Actuary

January 6, 2026 Jobs in Central Johannesburg

North Johannesburg

IT / Computing / Software

Job Description

About the Role

We are seeking an experienced Valuations Actuary to join our team in Sandton, playing a critical role in statutory, regulatory, and management reporting across Life and Non-Life portfolios. As a key member of our actuarial function, you will be responsible for ensuring accuracy, governance, and insight across monthly, quarterly, and annual reporting cycles.

Key Responsibilities

Perform monthly, quarterly, half-year, and year-end valuations for Life and Non-Life insurance portfolios.
Lead valuations under IFRS 17 (GMM and PAA) and SAM, including SCR and capital forecasting.
Develop, maintain, and refine proxy valuation models for monthly reporting; execute bottom-up valuations at reporting milestones.
Contribute actuarial insight to planning, forecasting, and ORSA processes, including scenario modelling and capital impact assessments.
Set, review, and monitor actuarial assumptions and experience analyses.
Prepare and submit statutory, regulatory, and quarterly/annual returns.
Deliver analytical insights on loss ratios, acquisition costs, and portfolio performance.

Requirements

Bachelor’s Degree in Actuarial Science.
FASSA or AMASSA qualification.
5–8 years’ actuarial experience , spanning both Life and Non-Life insurance.
Minimum 2 years’ hands-on IFRS 17 valuation experience (GMM and PAA).
Strong working knowledge of IFRS 17, SAM, ECR, and Advisory Practice Notes (APNs).
Experience configuring actuarial valuation tools such as Mo.net, Prophet, MoSes, Risk Integrity , or similar.
Coding capability in SQL and/or Python .
Strong governance mindset and stakeholder communication skills.

Qualifications

No formal education mentioned.

About IT / Computing / Software Jobs in North Johannesburg

As the demand for technology and computing professionals continues to grow in North Johannesburg, the IT industry has become a common destination for job seekers. Typically, roles in this field require a strong foundation in computer systems, software development, and data analysis. Generally, companies in various sectors such as financial services, technology, and manufacturing often have IT departments that cater to their specific needs.

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Typically, salaries for IT and computing professionals in North Johannesburg can vary widely depending on factors like experience, company size, and industry sector. Broadly speaking, junior roles may fall within the range of R300 000 to R500 000 per annum, while senior positions can range from R600 000 to R1 200 000 per year. However, please note that these are general estimates and actual salaries can differ significantly based on individual circumstances.

Common skills required for IT and computing roles in North Johannesburg include proficiency in programming languages such as Java, Python, or C++, experience with database management systems like MySQL or SQL Server, knowledge of cloud computing platforms like AWS or Azure, familiarity with agile development methodologies, and strong problem-solving and analytical skills. Additionally, many companies also value skills in areas like cybersecurity, data science, and artificial intelligence.

Industry sectors that commonly employ IT professionals include the financial services sector, technology industry, manufacturing sector, and healthcare sector. The technology industry is particularly prominent in North Johannesburg, with many multinational corporations having a presence in the city. Manufacturing firms, on the other hand, often require IT specialists to manage their supply chain and logistics operations.

For those looking to break into or advance their careers in IT and computing, there are various opportunities for professional development. Typically, this includes pursuing certifications like CompTIA A+ or Cisco CCNA, attending industry conferences and workshops, and participating in online training courses. Many companies also offer internal training programs and mentorship schemes to help employees develop new skills and take on additional responsibilities.

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

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