Internship : Actuary

Discovery; Sandton; On-site; ZAR 67,000 - 112,000; Full time

Job summary

Discovery Insure is offering an Internship: Actuary (Vitality Drive International) to support data analysis, research and delivery for international markets. The role provides exposure to telematics data, rewards design and actuarial analysis in global programs.

The intern will work across product, analytics, technology and operations to deliver client requirements and craft concise documentation for stakeholders, while developing scalable shared-value solutions.

Qualifications

• Matric and a current or completed degree in actuarial science, statistics, mathematics, data science or related quantitative field.
• Interest in short-term insurance, mobility, telematics, rewards or product development.
• Working knowledge of Excel; exposure to SQL, Python, Power BI or similar tools is advantageous.
• No prior internship or graduate programme experience; age 18–30.

Responsibilities

• Analyse driving, engagement, rewards and programme performance data to support decisions.
• Assist with research into international telematics and mobility trends.
• Contribute to design of Vitality Drive features and driver engagement mechanics.
• Collaborate with product, actuarial, analytics and tech teams to meet client needs.
• Prepare concise documentation and presentation inputs for stakeholders.

Skills

SQL

Python

Analytical thinking

Communication skills

Leadership

Education

Matric

Bachelor's degree or current studies in actuarial science / statistics / maths / data science

Tools

Excel

Power BI

SQL

Job description

Discovery – Insure

Internship: Actuary (Vitality Drive International)

About Discovery

Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.

About Discovery Insure

Discovery Insure is committed to creating a nation of great drivers through our innovative Shared-value Insurance model. Discovery Insure is South Africa’s fastest growing short-term insurance company with comprehensive products that provide protection against current and emerging risks facing clients in the motor and home insurance sectors. Vitality Drive, an internationally-recognised and award-winning programme, is a key differentiator in the market that incentivises and rewards clients for driving well. The Vitality Drive programme has been scaled to local and international markets which now include Europe and the Middle East. The company employs over 1 000 people who are committed to putting our customers and financial advisers first by providing unique and innovative solutions and cover.

Key Purpose

The focus of the role will be to support the Vitality Drive International team with data analysis, product research and operational delivery across international behaviour-change driving programmes. The intern will gain exposure to telematics data, rewards design, driver engagement, actuarial analysis and the development of scalable shared-value solutions for insurers, fleets and partners in global markets.

Areas of responsibility may include but are not limited to:

• Analyse driving, engagement, rewards and programme performance data to support product and commercial decisions
• Assist with research into international telematics, mobility, insurance and behaviour-change trends
• Support the design and refinement of Vitality Drive features, including goals, rewards, streaks, leaderboards and driver engagement mechanics
• Work with product, actuarial, analytics, technology and operations teams to help deliver client and partner requirements
• Prepare concise documentation, analysis summaries and presentation inputs for internal stakeholders and international clients

Personal Attributes And Skills

• Values Driven
• Optimistic
• Learns on the Fly
• Resilient
• Instils Trust
• People Savvy
• Analytical and curious
• Comfortable working with data and ambiguity
• Able to communicate technical insights clearly and practically
• People leadership and squad management (Advanced)
• Programming skills: SQL, Python (Intermediate)

Education And Experience

Education:

• -Matric
• -Bachelor’s degree or current studies in Actuarial Science, Statistics, Mathematics, Data Science, Engineering, Computer Science or a related quantitative field
• -Interest in short-term insurance, mobility, telematics, behavioural economics, rewards or product development
• -Working knowledge of Excel; exposure to SQL, Python, Power BI or similar analytical tools would be advantageous

Specific Requirements

• -No previous internship and or graduate programme in any industry or government institution
• -No work experience (Essential)
• -Between the ages of 18 – 30 (Essential)
• -You must be a South African Citizen by Birth or by naturalization before the 27th April 1994.

EMPLOYMENT EQUITY

The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.