Actuarial Associate

Recruiter:

Network Recruitment

Job Ref:

NFP016608/KM

Date posted:

Tuesday, February 17, 2026

Location:

Johannesburg, South Africa

SUMMARY:
Are you an analytical powerhouse who thrives on solving complex problems, optimising processes, and turning data into strategy? Do you want a role where your ideas matter, your development is supported, and your work shapes the future of a specialist insurance ecosystem? If yes — then this is the opportunity you’ve been waiting for.

POSITION INFO:

You’ll be joining a highâperformance Actuarial unit within a dynamic Finance team. Expect a collaborative environment, a flat structure, and genuine ownership from day one. This is a space where curiosity is celebrated, innovation is encouraged, and your “flavour” is not just welcome — it’s needed.

What You Will Do (and Own):

Reserving & Capital:
- Perform monthly reserving calculations including IBNR and OSCR.
- Support economic capital reporting.
- Conduct Actual vs Expected analyses to keep the portfolio razor sharp.
IFRS 17 Reporting:
- Prepare quarterly PAA-based IFRS 17 workings and results.
- Perform eligibility assessments and onerous contract testing.
Automation & Process Enhancement:
- Modernize and refine actuarial and IFRS 17 models.
- Build, improve, and automate workflows — efficiency is your playground.
Data & Integrity:
- Deep dive into data to uncover trends, anomalies, and insights.
- Identify, resolve, and prevent data quality issues through smart controls.
Governance & Documentation:
- Maintain worldâclass documentation for processes, models, and methodologies.
- Ad-hoc analysis is part of the game — versatility is key.

What You Bring:

Education & Qualification:
- BSc/BCom in Actuarial Science (or equivalent).
- Nearly or newly qualified actuary (ASSA or equivalent).
- Bonus: FASSA, programming skills (VBA, R, Python), PowerBI.
Experience:
- 3+ years in actuarial or shortâterm insurance environments.
- Strong data-handling capability.
- Advantageous experience in:
  - IFRS 17
  - Reserving/Reporting
  - Automation of actuarial/financial models
  - Trade Credit or Guarantee environments
Skills That Make You Unstoppable:
- Advanced Excel; SQL/Python/VBA beneficial.
- Exceptional analytical & problemâsolving ability.
- Strong attention to detail.
- Ability to communicate clearly with technical and nonâtechnical stakeholders.
- Tech-savvy, inquisitive, and always seeking better ways of doing things.
Who You Are:
- A selfâstarter who takes initiative.
- A team player who contributes to positive culture.
- Organized, consistent, and able to juggle multiple priorities.
- Curious, motivated, longâterm minded.
- Willing to go the extra mile — not because you have to, but because you care.

Apply Now!

This role is designed for someone who wants to lead, not just execute.

For more exciting Finance vacancies, please visit:
/>
I also specialize in recruiting in the following:
Actuarial
Data Analytics
Quantitative Risk

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.
For more information,

Contact:
Kholo Mongalo
Recruitment Researcher in Actuarial & Analytics
Connect with me on LinkedIn!

Similar jobs you might be interested in:

Actuarial Associate
Location: Johannesburg
Salary: Annually
Our client is a specialist insurer operating within the shortâterm commercial market, with more than three decades of experience in guarantee and trade credit products. As a growing organisation focused on innovation and digital transformation, they are building a high-performance actuarial function that plays a central role in shaping the future of the business.
1 day ago

Actuarial Associate
Location: Johannesburg
Salary:
Are you an analytical powerhouse who thrives on solving complex problems, optimising processes, and turning data into strategy? Do you want a role where your ideas matter, your development is supported, and your work shapes the future of a specialist insurance ecosystem? If yes — then this is the opportunity you’ve been waiting for.
1 day ago

Actuarial Pricing Analyst
Location: Johannesburg
Salary:
actuarial Pricing AnalystStep into a highâimpact actuarial role where you’ll shape innovative insurance products, drive pricing strategy, and influence key business decisions. If you’re passionate about product development, technical excellence, and delivering dataâdriven insights, this is the ideal next step in your actuarial career.Join a leading organisation known for its advanc...
1 day ago

Actuarial Pricing Specialist
Location: Johannesburg
Salary: R1 000 000.00
Non- Negotiable:Short term Insurance experience Must have passed F100 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.
16 days ago

Actuarial Pricing Specialist
Location: Johannesburg
Salary: Monthly
Psybergate is an IT company that builds bespoke software solutions and provides highly skilled resources to its clients.We are looking for an actuarial Pricing Specialist to join our financial services client based in Sandton on a permanent role.
16 days ago

Actuarial Pricing Specialist - Insurance
Location: Johannesburg
Salary:
16 days ago

Actuarial Executive
Location: Sandton
Salary:
33 days ago

Actuarial Analyst â Business Optimization
Location: Midrand
Salary:
actuarial Analyst – Business OptimizationAre you an analytical, detailâdriven actuarial Graduate eager to apply your technical skills in a fastâpaced insurance and automotive environment? This role offers the perfect platform to grow your career, gain exposure to pricing, analytics, forecasting, and operational insights—while learning directly from seasoned specialists.Join a dynam...
1 day ago

Actuarial Graduate
Location: Midrand
Salary:
actuarial GraduateKickstart your actuarial career with an opportunity that offers exposure, mentorship, and real technical growth. If you have a strong academic record, a passion for analytics, and a desire to build your career in pricing and product development, this role is designed for you.Join a forwardâthinking organisation that values analytical minds, technical excellence, and fresh talen...
1 day ago

Non-Life Senior Actuarial Analyst
Location: Johannesburg
Salary:
Where technical excellence meets realâworld impact. Are you ready to elevate your actuarial career and join a team that’s shaping the future of insurance? This is your chance to step into a senior role where innovation, analytical rigour, and collaboration are not just buzzwords—they’re embedded in everything the team does.
1 day ago