Actuarial Specialist

 
Do you have friends and family who refer to you as self-motivated and aptly able to assess outcomes based on risk? Where have you been? A career as an actuarial specialist might just be for you.

What is a Actuarial Specialist?

An Actuarial Specialist's function is to evaluate possible risks of a company's outcomes or situations using mathematics, statistics and financial theories. They also design business strategies and insurance policies to lower a company's financial risks.

 

View Actuarial Specialist Jobs                       Recruit a Actuarial Specialist

 

Actuarial Specialist Job Description

Actuarial Specialist Job Overview

As an actuarial analyst, you'll work with large data sets to answer questions such as how much risk a specific product or service has or how many people will use it. You'll develop models, run simulations and analyse results to help improve business decisions.

Responsibilities of a Actuarial Specialist

The specific duties of an actuary vary by employer, but typical responsibilities include:
  • Using statistical analysis techniques such as regression analysis and time series analysis on large data sets
  • Developing models for pricing financial products such as life insurance policies and fixed annuities
  • Support all aspects of insurance operations, including product development, pricing and underwriting;
  • Modelling cash flows, risk exposure and portfolio performance over time
  • Determining the probability of future events based on historical experience
  • Create reports regarding various aspects of insurance coverage (e.g., premium analysis) for internal use by management or external use by clients

Qualifications to be an Actuarial Specialist

  • Bachelor's degree in finance, actuarial science, statistics, business, mathematics, economics
  • Experience as an Actuarial
  • Robust skills in actuarial mathematics, with vast knowledge in probability theory, mathematics, investment theory and statistics
  • Outstanding interpersonal and communications skills; interpret and share complex and challenging topics with colleagues and stakeholders in simple, easy-to-understand language
  • Creative problem-solving skills, research and analytical skills
  • Expert IT skills

Search jobs similar to this role and find your dream job! Happy hunting.

 

Actuarial Specialist Jobs currently open:

Actuarial Specialist - Short-Term Pricing
Location: Johannesburg
Salary: Annually
An opportunity exists for an actuarial Pricing specialist to join a high‑performing Structuring and Solutions team within a short‑term insurance environment. The successful candidate will be responsible for pricing, product development, and delivering strategic actuarial insights within a risk‑taking insurance business.
6 days ago


Actuarial Specialist - Short-Term Pricing
Location: Johannesburg
Salary: Annually
An opportunity exists for an actuarial Pricing specialist to join a high‑performing Structuring and Solutions team within a short‑term insurance environment. The successful candidate will be responsible for pricing, product development, and delivering strategic actuarial insights within a risk‑taking insurance business.
13 days ago


Actuarial Pricing Specialist
Location: Johannesburg
Salary:
Non- Negotiable:Short term Insurance experience Must have passed F103 ExamThis role will be to assist with pricing, product development and providing insights to the Clients General Insurance Business. The role will provide technical support in the form of pricing, product review and development of new and existing business.
29 days ago


Actuarial Analyst (Short Term Pricing)
Location: Johannesburg
Salary:
We are seeking a high-performing actuarial pricing specialist to join a fast-paced, data-driven environment on a full time role 
Today


Regulatory & Financial Risk (RFR): Credit Risk - Assistant Manager / Manager
Location: Midrand
Salary:
Take your credit risk career to the next level by joining a high-performing advisory team delivering cutting-edge solutions across IFRS 9, Basel modelling, and advanced analytics. This is your opportunity to work on complex, high-impact projects while growing into a leadership role within a dynamic and collaborative environment.Join a global professional services environment that is recognised for...
1 day ago


Business Intelligence
Location: Cape Town
Salary: Annually
Are you a data-driven problem solver with a passion for turning insights into action?A dynamic and growing financial services business is looking for an experienced Business Intelligence Analyst to join their high-performing team. This is an exciting opportunity for an analytical professional who thrives on using data to drive operational excellence, improve customer outcomes, and influence strate...
2 days ago


Document & Plain Language Analyst
Location: Western Cape
Salary: 800K per annum
Document & Plain Language AnalystClaremontReporting relationManager: PAS Operations and Projects The role is office-based in Cape Town. Full time office based.Purpose of jobThe Documentation & Plain Language specialist owns the full lifecycle of client-facing and operational documentation across the LISP platform — from paper-era word forms through to the next generation of structure...
2 days ago


Lead Data Scientist
Location: Cape Town
Salary: Annually
A leading organisation is seeking an experienced and innovative Lead Data Scientist to drive the development and delivery of advanced analytics, machine learning solutions, and data-driven products that create measurable business value. This role offers the opportunity to lead complex data science initiatives, influence strategic decision-making, and mentor a high-performing team of data professio...
6 days ago


Treasury Risk Manager
Location: Johannesburg
Salary: Annually
A leading professional services and advisory firm is seeking a Treasury Risk Manager to join their growing Financial Risk Management team. This opportunity is suited to a dynamic and commercially minded professional with strong treasury and financial services experience who enjoys solving complex risk challenges and working closely with clients across the banking and broader financial services sec...
6 days ago


Business Intelligence
Location: Cape Town
Salary: R750 000 Annually
Are you a data-driven problem solver with a passion for turning insights into action?A dynamic and growing financial services business is looking for an experienced Business Intelligence Analyst to join their high-performing team. This is an exciting opportunity for an analytical professional who thrives on using data to drive operational excellence, improve customer outcomes, and influence strate...
6 days ago