Job Description
Key Responsibilities
- Support the development, pricing, and ongoing management of products within the corporate/business segment
- Perform actuarial modelling and analysis to support business decision-making
- Contribute to IFRS 17 reporting, including model development, validation, and implementation
- Assist with product design enhancements and profitability analysis
- Collaborate with cross-functional teams including finance, risk, and distribution
- Provide insights and recommendations based on actuarial analysis
Requirements
- Minimum of an AMASSA qualification (or close to qualification)
- Progression towards FASSA highly advantageous
- 3–6 years’ actuarial experience within life insurance or financial services
- Strong experience in actuarial modelling (e.g. Prophet, Moses, or similar)
- Solid understanding and practical exposure to IFRS 17
- Experience within the product / pricing space preferred
- Strong analytical and problem-solving skills
Key Competencies
- Strong technical and modelling capability
- Ability to translate complex actuarial concepts into business insights
- Excellent communication and stakeholder engagement skills
- Detail-oriented with a proactive mindset
- Why Apply
- Opportunity to work within a high-impact corporate product environment
- Exposure to strategic initiatives and regulatory frameworks such as IFRS 17
- Collaborative and growth-focused team environment
For more exciting Actuarial and Analytics vacancies, please visit:
Network Recruitment International – Finance Jobs
I also specialise in recruiting in the following:
- Actuarial: Life, Short-Term, Health, Pensions, and Quantitative
- Data & Analytics: Data Scientists, Data Analysts (Python, R, SQL, Machine Learning)
- Risk: Credit Risk, Market Risk, Model Risk, and Operational Risk Analysts
- Pricing: Specialists in Insurance and Financial Products
- AI & Machine Learning: ML Ops, NLP, Predictive Modelling Data Scientists
- Quantitative: Experts across Banking, Insurance, and FinTech
If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.
For more information, contact:
Zahrah Gani
Specialist Recruitment Consultant
? Connect with me on LinkedIn
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other IT/Computer Jobs in Western Cape
The Western Cape, situated on the south coast of South Africa, is home to a thriving IT industry that offers a diverse range of career opportunities for professionals with expertise in various fields.
The job market in the Western Cape is highly competitive, with many major companies and startups operating in the region. The province’s strategic location, combined with its well-developed infrastructure, makes it an attractive hub for businesses looking to establish themselves in Africa. As a result, there is a high demand for skilled IT professionals who can support the growth of these companies.
The average salary ranges for IT professionals in the Western Cape are as follows: software engineers and developers can expect to earn between R800 000 to R1 200 000 per annum; data scientists and analysts can range from R600 000 to R900 000; cybersecurity specialists can earn anywhere from R500 000 to R800 000; and IT project managers can command salaries ranging from R400 000 to R700 000. These figures are based on industry standards and may vary depending on factors such as experience, qualifications, and company size.
To succeed in an IT career in the Western Cape, professionals need to possess a range of key skills, including programming languages (Java, Python, C++), data structures and algorithms, software development methodologies, cloud computing (AWS, Azure, Google Cloud), cybersecurity principles, and excellent communication skills. Additionally, knowledge of industry-specific tools and technologies, such as SAP or Oracle, can be highly valued.
Several major companies and industries are actively hiring IT professionals in the Western Cape. For example, tech giants like IBM and Dell have a strong presence in the region, while financial institutions such as Standard Bank and First National Bank also have significant IT departments. The automotive industry is another major sector that employs IT professionals, with companies like Toyota and Volkswagen having operations in the province.
Career growth opportunities are plentiful for IT professionals in the Western Cape, with many companies offering training and development programs to help employees upskill and reskill. With experience, professionals can move into senior roles such as technical lead or manager, or transition into related fields like business analysis or consulting. The region’s entrepreneurial spirit also makes it an ideal location for startups, providing opportunities for IT professionals to launch their own businesses or join innovative companies that are shaping the future of technology.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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