Actuarial Analyst

Alexforbes; Pretoria; On-site; ZAR 480 000 - 600 000; Full time

Job summary

A dynamic financial services company is seeking a Software Developer specializing in actuarial software. The role involves designing and maintaining calculation engines using C#/.NET and supporting regulatory reporting. Candidates should have a degree in Actuarial Science or Computer Science and at least 2 years of relevant experience. This position offers a competitive salary and benefits in a collaborative environment.

Benefits

Competitive salary

Professional growth support

Actuarial exam support

Qualifications

• At least 2 years’ professional experience in actuarial modelling or software development.
• Exposure to actuarial tools is advantageous.
• Familiarity with version control and CI/CD pipelines.

Responsibilities

• Design and maintain actuarial calculation engines and financial algorithms.
• Translate requirements into software components and RESTful APIs.
• Perform data validation and regulatory reporting.

Skills

Programming proficiency in C#/.NET

T SQL

Analytical skills

Problem-solving skills

Communication skills

Education

Bachelor's or postgraduate degree in Actuarial Science or Computer Science

Tools

Power BI

SSRS

Azure DevOps

Job description

Key Responsibilities:

• Design, develop and maintain actuarial calculation engines, liability projection models and other financial algorithms in C#/.NET, SQL Server and (where appropriate) R or Python.
• Translate actuarial requirements into robust, well documented software components and RESTful APIs that integrate seamlessly with front end applications and data warehouses.
• Perform data validation and transformation to prepare model inputs and support regulatory and management reporting (e.g. SAM, IFRS 17, Pension Fund Act).
• Optimise database schemas, partitioning strategies and ETL processes to handle large policy datasets efficiently.
• Participate in the full software development life cycle—requirements, design, coding, peer review, automated testing, deployment and monitoring—within an Azure DevOps/Git environment.
• Collaborate closely with actuaries, product managers and other developers to ensure models remain accurate, performant and aligned with client outcomes.
• Document methodologies, assumptions and code to support audit, peer review and knowledge sharing.
• Keep abreast of actuarial, regulatory and software engineering best practices, recommending and implementing enhancements.

Qualifications:

• Bachelor’s or postgraduate degree in Actuarial Science, Computer Science or related quantitative discipline.
• At least 2 years’ professional experience in an actuarial modelling, insurance, pensions or investment software development role.
• Strong programming proficiency in C#/.NET and T SQL; exposure to actuarial tools (e.g. Prophet, MoSes, Tyche) or actuarial focused R/Python packages is advantageous.
• Experience with data visualisation/reporting tools such as Power BI or SSRS.
• Familiarity with version control, CI/CD pipelines and unit testing frameworks.
• Excellent analytical, problem solving and communication skills.

What We Offer:

• A unique chance to be part of a dynamic team where your work directly influences our retail clients and the wider business.
• Exposure to the full development cycle, giving you end to end insight into our products and services.
• A collaborative environment that fosters innovation, professional growth and actuarial exam support.
• Competitive salary and benefits package.