Actuarial Assistant

Hire Resolve – Top Recruitment Agency; Johannesburg; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading insurance company is seeking an Actuarial Assistant to support actuarial models and conduct data analyses. The ideal candidate is TASSA registered and has completed all A-series exams with 1–3 years of experience in short-term insurance. This role offers market-related salary and opportunities to grow within a diverse project environment. Candidates will be part of innovative engagements and help uphold compliance with insurance regulations.

Benefits

Market-related salary

Opportunity for growth

Exposure to diverse projects

Qualifications

• Minimum of 1–3 years of actuarial experience in short-term insurance.
• Solid understanding of South African insurance regulations such as SAM.
• Ability to communicate actuarial findings to various stakeholders.

Responsibilities

• Support development and maintenance of actuarial models.
• Conduct data analysis for reserving, pricing, and risk assessment.
• Prepare actuarial reports to support decision-making.

Skills

Proficiency in Excel / VBA

Knowledge of R

Knowledge of Python

Knowledge of SQL

Knowledge of Prophet

Strong analytical skills

Attention to detail

Problem-solving skills

Education

TASSA registration

A-series exams completion

Job description

A leading insurance company is seeking a driven and detail-oriented Actuarial Assistant to join its short-term insurance team.

This role is ideal for a professional who is TASSA registered, has successfully completed all A-series exams, and brings hands-on actuarial experience in the short-term insurance sector.

Responsibilities

• Support the development, maintenance, and enhancement of actuarial models within the short-term insurance environment.
• Conduct data analysis and experience investigations to inform reserving, pricing, and risk assessment.
• Assist in developing and validating assumptions used in short-term insurance pricing models.
• Prepare actuarial reports, analyses, and documentation to support decision-making across underwriting, finance, risk functions.
• Provide actuarial input in the design and pricing of innovative, customer-focused short-term insurance products.
• Contribute to regulatory reporting requirements, ensuring compliance with frameworks such as SAM and IFRS 17.
• Collaborate with cross-functional teams, including underwriting and product development, to ensure actuarial insights are effectively integrated into business strategies.
• Monitor actual versus expected results and provide recommendations for adjustments where needed.
• Participate in actuarial research and development projects aimed at improving modelling techniques and efficiency.

Requirements

• TASSA registered with the Actuarial Society of South Africa.
• Completion of all A-series exams (Core technical exams).
• Minimum of 1–3 years' actuarial experience, preferably in short-term insurance.
• Solid understanding of South African insurance regulations, including SAM and Treating Customers Fairly (TCF) principles.
• Strong technical and analytical skills with proficiency in actuarial tools such as Excel / VBA, R, Python, SQL, or Prophet.
• Ability to interpret actuarial results and communicate findings clearly to both technical and non-technical stakeholders.
• Keen attention to detail, problem-solving skills, and the ability to work effectively in a team environment.

Benefits

• Market-related salary
• Opportunity to grow within a leading insurance company
• Exposure to diverse actuarial projects within the short-term insurance space

Contact

Lidene Pienaar at Hire Resolve or connect on LinkedIn.

You can also visit the Hire Resolve website: hireresolve.us or email your CV to : Please use "Actuarial Assistant (Short-Term Insurance)" as your subject line when applying via email. We will contact you telephonically in 3 days should you be suitable for this vacancy. If you are not suitable, we will keep your CV on file and contact you regarding any future vacancies that arise.