Actuarial Analyst: Pricing & Risk Insights (Hybrid)

Discovery Limited; Johannesburg; Hybrid; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Flexible working arrangements

CPD programs

Study support

Job summary

Discovery Limited in Johannesburg is seeking a highly analytical Actuarial Analyst with 3 to 5 years of actuarial experience to join the Actuarial and Risk Management department. You will support pricing, valuation, and risk management, analyze claims data, build predictive models, and collaborate with cross‑functional teams to design innovative insurance products.

A Bachelor of Science in Actuarial Science is required, with programming skills in SQL, Python, SAS, and familiarity with Prophet or

Qualifications

• Bachelor of Science in Actuarial Science or highly quantitative equivalent.
• 3–5 years of actuarial experience in life insurance or healthcare preferred.
• Progress toward ASSA/IFoA exams.

Responsibilities

• Perform actuarial valuations and pricing analyses.
• Develop predictive models from historical claims data.
• Assist in regulatory reporting and compliance.
• Collaborate with product teams on pricing innovations.
• Monitor portfolio performance and identify key risk drivers.
• Maintain and enhance actuarial models for efficiency.

Skills

Actuarial modeling

SQL

SAS

Python

Analytical ability

Communication

Education

BSc Actuarial Science

Tools

Prophet

Moses

Job description

Discovery Limited in Johannesburg is seeking a highly analytical Actuarial Analyst with 3 to 5 years of actuarial experience to join the Actuarial and Risk Management department. You will support pricing, valuation, and risk management, analyze claims data, build predictive models, and collaborate with cross‑functional teams to design innovative insurance products.

A Bachelor of Science in Actuarial Science is required, with programming skills in SQL, Python, SAS, and familiarity with Prophet or