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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 4 years’ experience in Life Insurance.  The incumbent will be responsible for services to other departments within the company as well as fulfilling corporate actuarial functions

Minimum Requirements

  • Actuarial qualification
  • Good progress with Exams (CTs completed)
  • At least 4 years’ experience in Life Insurance, with specific experience doing Prudential Returns and/or Valuations
  • Proficiency with Excel
  • Proficiency with Prophet will be an advantage
  • IFRS 17 knowledge 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