Actuary: Data & Modelling

Capitec Client Care; Stellenbosch; On-site; ZAR 600,000 - 900,000; Full time

Job summary

Capitec Client Care seeks energetic individuals to provide technical actuarial expertise at Capitec Life. Candidates should have an honours degree in Statistics or Mathematics with at least 5 years of actuarial experience. The role involves leading actuarial management and supporting business strategy while ensuring regulatory compliance.

Qualifications

• At least 5 years’ actuarial experience within a technical role.
• Stakeholder relationship management practices and principles.
• Experience in a high performance, tight deadline environment.

Responsibilities

• Provide technical actuarial expertise leading the actuarial management of Capitec Life.
• Deliver solutions for Capitec-life to achieve strategic objectives.

Skills

Analytical Skills

Attention to Detail

Commercial Thinking Skills

Communications Skills

Interpersonal & Relationship management Skills

Numerical Reasoning skills

Education

Honours Degree in Statistics or Mathematics

Actuarial Society of South Africa Technical Member (TASSA)

Actuarial Society of South Africa Fellow (FASSA / CERA)

Tools

Statistical/actuarial software

Job description

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Date: 30 May 2025

Location: Stellenbosch, Western Cape, ZA

Company: Capitec Bank Ltd

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We're on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below:

• To see what life at Capitec is all about and complete a short assessment, please click here!
• Once you have completed the above finalize your application by clicking apply below
  
  

Purpose Statement

• To provide technical actuarial expertise in leading the actuarial and capital management of Capitec Life, a subsidiary of Capitec Holdings, supporting business strategy and objectives and complying with regulatory requirements
• To be responsible for delivering solutions for Capitec-life to achieve its strategic objectives.
  
  

Education (Minimum)

• Honours Degree in Statistics or Mathematics
  
  

Education (Ideal Or Preferred)

• Actuarial Society of South Africa Technical Member (TASSA) / Actuarial Society of South Africa Fellow (FASSA / CERA)
  
  

Experience

Knowledge and Experience

MINIMUM:

• At least 5 years’ actuarial experience within a technical actuarial role
• Stakeholder relationship management practices and principles
• Experience of working on multiple projects for various parties simultaneously and working with a team
• with multiple deliverables
• Experience of a high performance environment, working to tight deadlines and under pressure.
• Some experience working with statistical/actuarial software
  
  

IDEAL:

• Quality management principles and practice
• Experience of providing technical and functional mentoring and coaching and oversight of a team
• Experience of working on multiple projects for various parties simultaneously and working within a team with multiple deliverables.
• Proven track record of independently completing and delivering projects
  
  

Knowledge

MINIMUM:

• Some knowledge of actuarial principles, standards, tools, systems, models and methodologies.
• Knowledge of insurance industry dynamics, competitors and products.
• Familiarity with regulatory and legal requirements in insurance.
• Understanding of commercial, business and financial principles and practices.
• Familiar Governance and risk management principles.
• Some knowledge of statistical/actuarial software
  
  

IDEAL:

• Business case conceptualisation, principles and compilation
• Elements of a Balanced Scorecard for an insurer.
• Some knowledge on client experience (design thinking, journey mapping, etc.)
  
  

Skills

• Analytical Skills
• Attention to Detail
• Commercial Thinking Skills
• Communications Skills
• Interpersonal & Relationship management Skills
• Numerical Reasoning skills
  
  

Additional Information

• Clear criminal and credit record
  
  

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

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