Graduate Actuarial Services Analyst (Non-Life Insurance)

Absa Group; Johannesburg; On-site; ZAR 320,000 - 420,000; Full time

Benefits offered by this job

Structured learning & development

Support to qualify as ASAS Fellow

Flexible working environment

Real responsibility from day one

Job summary

Absa Bank Limited invites ambitious graduates to join the Non-Life Insurance Graduate Programme, offering practical experience, on-the-job training, and exposure to diverse aspects of the Non-Life Insurance business. You will work with experienced professionals and develop industry knowledge in a fast-paced environment.

The programme targets actuarial-focused candidates, emphasizes leadership and learning agility, and provides structured development with opportunities to qualify as a Fellow of

Qualifications

• Bachelor’s or Honours in Actuarial Science with 65% average or above
• South African citizenship
• No more than two years’ post-graduate work experience

Skills

Analytical skills

Communication skills

Attention to detail

Team collaboration

Learning agility

Initiative

Excel proficiency

Education

Bachelor’s degree or Honours in Actuarial Science

Tools

Microsoft Excel

Job description

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

Kick-start Your Career in Non-Life Insurance. We are seeking ambitious, analytical, and driven graduates who are passionate about building a career within the Non-Life Insurance industry. This programme offers an exciting opportunity to gain practical experience, develop industry knowledge, and contribute to a dynamic and fast-paced environment. As a participant in our Graduate Programme, you will work alongside experienced professionals, receive on-the-job training, and gain exposure to various aspects of the Non-Life Insurance business.

Job Description

Kick-start Your Career in Non-Life Insurance

We are seeking ambitious, analytical, and driven graduates who are passionate about building a career within the Non-Life Insurance industry. This programme offers an exciting opportunity to gain practical experience, develop industry knowledge, and contribute to a dynamic and fast-paced environment.

As a participant in our Graduate Programme, you will work alongside experienced professionals, receive on-the-job training, and gain exposure to various aspects of the Non-Life Insurance business.

Minimum Requirements

• Bachelor’s Degree or Honours Degree in Actuarial Science.
• A minimum academic average of 65% or above.
• South African citizen.
• No more than two years’ post-graduate work experience.

Preferred Criteria

• Preference will be given to candidates with a strong interest in the Non-Life Insurance sector.
• For actuarial-focused opportunities, preference will be given to candidates who have obtained a minimum of six (6) actuarial exemptions from an accredited university and who are progressing towards a professional actuarial qualification.
• Demonstrated leadership experience through academic, community, sporting, or student initiatives will be advantageous.

Key Competencies

We are looking for candidates who demonstrate:

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• High attention to detail and accuracy.
• Ability to work collaboratively in a team environment.
• Strong learning agility and adaptability.
• Initiative and a proactive approach to work.
• Proficiency in Microsoft Office applications, particularly Excel.

What We Offer

• Structured learning and development opportunities.
• Full support to qualify as a Fellow of the Actuarial Society of South Africa.
• A competitive salary + bonus + benefits.
• A flexible working environment.
• Real responsibility from day one and practical work experience in a leading professional environment.
• Opportunities to build a strong foundation for a successful career in the insurance industry.

Education

Bachelor’s Degree: Actuarial Science

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised