Actuarial Specialist – Microinsurance (Life & Non‑Life)

apartmentCommunicate Recruitment placeJohannesburg calendar_month 

Data Analysis & Reporting: Collect, analyse, and interpret data for actuarial functions

Prepare reports and presentations for internal and external audiences
Analyse mortality, morbidity, and lapse rates (life)

Analyse key metrics for non‑life products such as loss ratios, claim frequencies, and severities

Pricing & Product Development: Support development and pricing of life and non‑life products

Build pricing models and conduct profitability analyses

Assist with structuring new deals and improving product structuring

Risk Management: Identify, assess, and manage risks across portfolios

Conduct stress testing and scenario analysis (life)

Evaluate underwriting risks for non‑life products

Regulatory Compliance: Ensure adherence to actuarial standards and regulatory requirements

Prepare statutory reports (life) and ensure non‑life product compliance

Experience Studies & Assumption Setting: Conduct experience studies for pricing, reserving, and risk

Review historical data to update assumptions for life and non‑life products

Collaboration & Communication: Work with underwriting, finance, and product teams

Present risk assessments to senior management

Support development of underwriting guidelines

Professional Development: Stay up to date with industry and regulatory changes

Attend relevant training, conferences, and actuarial exams

Skills & Experience: Bachelors degree in Actuarial Science, Mathematics, Statistics, or similar

Good progress toward Actuarial qualification
Minimum 35 years actuarial experience
Experience in life & non‑life insurance (advantageous)

Experience in pricing and product development (advantageous)

Why youll love this role: Exposure to both life and non‑life actuarial work

A role combining technical modelling with product innovation
Engagement with senior stakeholders and cell captive clients

A platform to grow technical depth and industry influence

Apply now!

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