Actuarial Analyst

Capitec Client Care; Stellenbosch; On-site; ZAR 450,000 - 850,000; Full time

Job summary

A leading bank is seeking an Actuarial Analyst in Stellenbosch to perform essential actuarial tasks under supervision. Candidates should possess a Bachelor's Degree in Statistics or Mathematics, along with relevant knowledge in the insurance domain and actuarial principles. This role offers a great opportunity for energetic individuals passionate about service in the banking sector.

Benefits

Diversity Commitment

Qualifications

• Knowledge of actuarial principles and IFRS 17.
• Experience in life insurance and actuarial modelling software.
• Progress with actuarial exams, max 4 remaining.

Responsibilities

• Perform actuarial-related duties including research and data collection.
• Handle standard mathematical calculations and audit analysis.

Skills

Analytical Skills

Attention to Detail

Numerical Reasoning skills

Planning, organising and coordination skills

Reporting Skills

Education

Bachelor's Degree in Statistics or Mathematics

Honours Degree in Statistics or Mathematics

Tools

FIS Prophet

Power BI

Job description

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Date: 2 Jun 2025

Location: Stellenbosch, Western Cape, ZA

Company: Capitec Bank Ltd

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We're on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below:

• To see what life at Capitec is all about and complete a short assessment, please click here!
• Once you have completed the above finalize your application by clicking apply below
  
  

Purpose Statement

• Under general supervision, performs assignments of actuarial-related duties such as preparing, performing and analysing actuarial research and audits.
• Other duties include collecting data from various databases and performing standard mathematical calculations.
  
  

Education (Minimum)

• Bachelor's Degree in Statistics or Mathematics
  
  

Education (Ideal Or Preferred)

• Honours Degree in Statistics or Mathematics
  
  

Minimum:

Knowledge and Experience

Knowledge

• Actuarial principles, standards, tools, systems, models and methodologies
• Knowledge of the Life Insurance industry and landscape
• Some IFRS 17 knowledge
• Coding on FIS Prophet or other actuarial/statistical modelling software.
• Nearly qualified Actuary: Good progress with Actuarial exams, maximum of four exams remaining.
  
  

Ideal:

Knowledge

• Relevant knowledge of valuations/reporting and/or capital management
• Business case conceptualisation, principles and compilation
• Experience analysis and decrement table construction
• Governance and risk management principles.
• Nearly qualified Actuary: Good progress with Actuarial exams, maximum of one exam remaining.
  
  

Experience

• Min one years’ actuarial experience in the life insurance industry including valuation, reporting and or capital
• management.
• Minimum of 3 years experience
• Experience with IFRS17.
• Experience with Prophet or other actuarial modelling software.
  
  

Ideal:

• Experience
• 3+ years actuarial experience in the life insurance industry including valuation, reporting and or capital management.
• Experience with working in a team with multiple deliverables.
• Experience in working with data visualisation technologies (Power BI, etc.)
  
  

Skills

• Analytical Skills
• Attention to Detail
• Numerical Reasoning skills
• Planning, organising and coordination skills
• Reporting Skills
  
  

Additional Information

• Clear criminal and credit record
  
  

Capitec is committed to diversity and, where feasible, all appointments will support the achievement of our employment equity goals.

Apply now »