Actuary - Life

Network Finance; Randburg; On-site; ZAR 800,000 - 1,200,000; Full time

Job summary

Network Finance is seeking an experienced actuarial consultant to deliver solutions for life insurance and financial services clients. You will perform valuations, modelling, and experience investigations while supporting regulatory, capital, and risk management needs.

You will present technical findings, build client relationships, and contribute to multiple projects and business development efforts. The role requires 3–7 years of life insurance actuarial experience, strong modelling and Excel

Qualifications

• Bachelor's degree in actuarial science, mathematics, statistics, or related quantitative field.
• 3–7 years actuarial experience in life insurance, with consulting background.
• Progress towards FASSA qualification is expected.

Responsibilities

• Deliver actuarial consulting solutions to life insurance and financial services clients.
• Perform valuations, financial modelling, experience investigations, and profitability analyses.
• Assist clients with regulatory, capital, and risk management requirements.
• Prepare and present technical reports and recommendations to stakeholders.
• Build and maintain strong client relationships through exceptional service delivery.
• Collaborate across multiple projects while ensuring high-quality outputs and adherence to delivery timelines.
• Support business development initiatives and contribute to client engagement activities.

Skills

Actuarial modelling

Analytical capability

Excel skills

Actuarial tools & data analysis

Report writing & presentation

Education

Bachelor's Degree in Actuarial Science/Math/Stats

Tools

Actuarial software

Job description

Key Responsibilities:

• Deliver actuarial consulting solutions to life insurance and financial services clients.
• Perform valuations, financial modelling, experience investigations, and profitability analyses.
• Assist clients with regulatory, capital, and risk management requirements.
• Prepare and present technical reports and recommendations to stakeholders.
• Build and maintain strong client relationships through exceptional service delivery.
• Collaborate across multiple projects while ensuring high-quality outputs and adherence to delivery timelines.
• Support business development initiatives and contribute to client engagement activities.

Job Experience and Skills Required:

Education:

• Bachelor's Degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.

Experience:

• 3-7 years of actuarial experience within the life insurance industry.
• Proven actuarial consulting experience is essential.
• Demonstrated exposure to life insurance valuations, reporting, modelling, or product development.
• Steady progress towards FASSA qualification.

Skills:

• Strong actuarial modelling and analytical capability.
• Advanced Excel skills.
• Experience with actuarial modelling tools and data analysis software.
• Excellent report-writing and presentation skills.
• Strong commercial awareness and problem-solving ability.

Non-Negotiables:

• Progression towards FASSA.
• Previous consulting experience within the actuarial industry.
• Excellent interpersonal and relationship-building abilities.
• Professional presence and the confidence to engage with clients and senior stakeholders.
• Ability to communicate complex actuarial concepts in a practical, business-focused manner.