Actuary: Data & Modelling

Capitec Client Care; Stellenbosch; On-site; ZAR 500,000 - 700,000; Full time

Job summary

A leading financial services provider in Stellenbosch seeks an Actuarial Analyst to enhance financial performance through actuarial modelling and predictive analytics. Candidates should possess a degree in Actuarial Science or Mathematics and progress toward actuarial qualification. Join a dynamic team dedicated to making a positive impact in the financial sector.

Qualifications

• Progress toward actuarial qualification (e.g., ASSA, IFoA).
• Strong experience in Python-based actuarial modelling and automation.
• Familiarity with IFRS17 and FSI reporting frameworks.

Responsibilities

• Enhancing financial performance through actuarial modelling.
• Maintaining actuarial data infrastructure.
• Implementing control frameworks for data integrity.

Skills

Actuarial qualification progression

Actuarial Science or Mathematics degree

Experience in Python-based modelling

Knowledge of IFRS17

Development of predictive models

Insurance or financial services experience

Education

Degree in Actuarial Science or Mathematics

Job description

Apply now »

Date: 27 Jul 2025

Location: Stellenbosch, Western Cape, ZA

Company: Capitec Bank Ltd

Join Us in Becoming the Best Banking Group in the World!

We appoint energized and motivated people for their potential and continuously look for talented, driven individuals to help us innovate and evolve. That is why we focus on finding the right people for the right jobs. We love what we do because we focus on making a positive difference for our clients and employees. Our company DNA is built around talented and committed teams dedicated to building a brand that we are proud of and that earns the trust of our clients.

The Experience & Skills You Need

• Degree in Actuarial Science, Mathematics, or related field.
• Progress toward actuarial qualification (e.g., ASSA, IFoA).
• Experience in insurance or financial services preferred.
• Strong experience in Python-based actuarial modelling and automation.
• Familiarity with IFRS17 and FSI reporting frameworks.
• Skilled in developing predictive models for policyholder behaviour (e.g., lapse, mortality, retrenchment).
• Experience in conducting experience investigations and assumption setting.

Your Key Responsibilities and Impact

You will support Capitec Insurance by enhancing financial performance through actuarial modelling, automation of valuation processes, and predictive analytics. You will play a key role in building and maintaining models that inform pricing, risk scoring, and reporting frameworks.

Key Responsibilities Include

• Maintaining and enhancing actuarial data infrastructure.
• Implementing control frameworks to ensure data integrity and model governance.
• Collaborating with cross-functional teams to align technical outputs with business needs.

We are Capitec

We are a bank, but we’re much more than that. We believe that banking is about enabling people to control their financial lives through banking that is simplified, accessible, affordable, and delivered through a personal experience. By helping our clients manage their financial lives better, we enable them to live better.

Why choose Us

At Capitec, we offer our best by living up to our CEO values in every situation – we always put the Client first, act with Energy, and take Ownership. To support people in being their best, our Employee Value Proposition offers every value to all team members through cohesive teams, growth opportunities, as well as employee benefits and savings. We make it a priority to ensure that each member of the Capitec team feels welcome, valued, focused, and has the opportunity to grow.

If you are interested in being part of this dynamic team, on a mission to build the best financial services group in the world through unlocking the potential of its people, please apply. We would love to hear from you!

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

Apply now »