Actuarial Specialist – Life & Protection Products

Old Mutual; Wes-Kaap; On-site; ZAR 600 000 - 900 000; Full time

Job summary

A leading financial services provider in South Africa is seeking an Intermediate Actuarial Specialist to manage and support retail protection products. The role requires strong actuarial knowledge with at least 9 exam credits and experience in product development. Responsibilities include designing product propositions and ensuring compliance with regulations. This position offers an exciting opportunity to work closely within a team and deliver impactful financial solutions to customers. Closing date for applications is January 15, 2026.

Qualifications

• Actuarial student with a minimum of 9 exam credits and 2 years’ experience.
• Product development experience would be beneficial.
• Ability to work independently and in teams.

Responsibilities

• Manage and design the Retail Protection product range.
• Produce product specification documents.
• Provide product support on rules and underwriting.

Skills

Computer Literacy

Data Compilation

Risk Management

Insurance Product Management

Negotiation Skills

Education

NQF Level 7 - Degree or equivalent

Job description

A leading financial services provider in South Africa is seeking an Intermediate Actuarial Specialist to manage and support retail protection products. The role requires strong actuarial knowledge with at least 9 exam credits and experience in product development. Responsibilities include designing product propositions and ensuring compliance with regulations. This position offers an exciting opportunity to work closely within a team and deliver impactful financial solutions to customers. Closing date for applications is January 15, 2026.