Short-Term Pricing Actuarial Analyst

Recruiter:

Network Recruitment

Job Ref:

NFP016737/ZG

Date posted:

Thursday, April 9, 2026

Location:

Cape Town, South Africa

Salary:

Annually

SUMMARY:

A well-established short-term insurance organisation is seeking an ambitious and technically skilled Actuarial Analyst to join its Pricing and Modelling team. This role offers exposure to both traditional actuarial techniques (pricing and reserving) and modern analytical approaches, including machine learning.

The successful candidate will play a key role in maintaining and enhancing the modelling environment, performing advanced data analysis, and supporting strategic business objectives within a fast-paced and rewarding environment.

POSITION INFO:
Key Responsibilities:

Collect, clean, and prepare data from multiple sources using SQL and Python
Analyse and interpret data using advanced statistical and machine learning techniques (e.g. GLMs, decision trees, clustering, neural networks)
Build, test, deploy, and maintain predictive models under supervision
Communicate insights through reports, dashboards, and presentations to technical and non-technical stakeholders
Perform ad hoc analysis in response to business requirements
Support pricing, underwriting risk management, and risk segmentation initiatives
Drive improvements in automation, system integration, and reporting processes
Develop and maintain management information reports using Power BI
Promote and embed risk awareness across the organisation

Job Experience and Skills Required:
Education:

Bachelor’s degree in Actuarial Science or a related discipline
Completion of A100 and A200 actuarial exams, or close to completion

Experience:

Minimum of 3 years’ experience in the short-term insurance industry
Exposure to short-term insurance pricing (advantageous)

Skills:

Strong mathematical, statistical, and analytical capability
Proficiency in Python (automation, modelling) and SQL (data extraction and management)
Experience with data visualisation tools, particularly Power BI
Knowledge of actuarial modelling and machine learning methodologies
High attention to detail with a structured, analytical approach
Ability to work independently and manage multiple projects simultaneously
Strong time management and organisational skills
Innovative, adaptable, and naturally inquisitive mindset
Excellent written and verbal communication skills
Strong problem-solving and critical-thinking ability
Solid understanding of short-term insurance products, policies, and risk concepts

For more exciting Actuarial and Analytics vacancies, please visit:

I also specialise in recruiting in the following:

Actuarial: Life, Short-Term, Health, Pensions, and Quantitative

Data & Analytics: Data Scientists, Data Analysts (Python, R, SQL, Machine Learning)

Risk: Credit Risk, Market Risk, Model Risk, and Operational Risk Analysts

Pricing: Specialists in Insurance and Financial Products

AI & Machine Learning: ML Ops, NLP, Predictive Modelling Data Scientists

Quantitative: Experts across Banking, Insurance, and FinTech

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 / positions.

For more information, contact:
Zahrah Gani
Specialist Recruitment Consultant
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