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Job Description


Actuarial Specialist-JHB


AA/EE:                                                   Preferable            

Contract:                                               Permanent

Location:                                               Gauteng

Available:                                              ASAP


About the Role:

A leading insurer based in Johannesburg is looking for an Actuarial Specialist with a minimum of 3 years experience in Life Insurance.  The incumbent will be responsible for assisting internal business units with securing new clients and servicing existing clients


Minimum Requirements

·         Actuarial qualification

·         Good progress with Exams (CTs completed)

·         At least 3 years experience in Life Insurance

·         Proficiency with Excel

·         Proficiency with Prophet will be an advantage


Job Description

·         Assisting internal business units with securing new clients and servicing existing clients

·         Calculation of regulatory capital and ensuring effective and efficient capital structures for cells

·         Maintaining internal actuarial models

·         Analyse and ensure the profitability of existing clients

·         Assist in reinsurance structuring to optimise underwriting profits

·         Assist with developing and testing the adequacy of the pricing of new products

·         Assist with setting adequate technical provisions (regulatory basis, IFRS and SAM) for cells

·         Perform actuarial/statistical analyses on data

·         Assist with implementation of IFRS 17 reporting

·         Assist with the completion of statutory returns

·         Ad-hoc actuarial projects




·         Ability to quickly assimilate new information and think broadly in performing analysis and problem solving

·         Self-directed and able to work independently and within a team

·         Able to perform multiple tasks

·         Strong technical and problem solving skills

·         Ability to cope with tight deadlines




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Lindsay Strauch
+27 (0) 11 759 4039