Specialist : Business Relationship & Vendor Management (6 Months Fixed Term Contract)

Absa Bank; Gauteng; Hybrid; ZAR 500 000 - 750 000; Full time

Job summary

A dynamic actuarial technology firm in South Africa is seeking a nearly or newly qualified Actuary to develop and refine AI-powered pricing models for non-life insurance products. This role offers flexible working arrangements, a collaborative environment, and opportunities for rapid growth while working directly with innovative pricing solutions.

Benefits

Work on innovative, AI-enhanced pricing models

Collaborate with top actuarial and tech minds

Hybrid / flexible work environment

Real impact and rapid growth opportunities

Qualifications

• Experience in short-term insurance pricing is essential.
• Exposure to statistical modelling techniques (GLMs, etc.).

Responsibilities

• Develop and refine pricing models for short-term (non-life) insurance products.
• Analyze insurance datasets to identify trends and drive pricing improvements.
• Contribute to model validation frameworks and ensure regulatory compliance.
• Support client implementations and assist with technical presentations and documentation.

Skills

Proficient in Python, R, or a similar programming language

Strong analytical and problem-solving abilities

Excellent written and verbal communication skills

Interest in AI / machine learning in insurance

Comfortable working in a fast-paced, agile environment

Education

Nearly or newly qualified Actuary (ASSA)

Job description

Overview

An exciting opportunity exists at a fast-growing actuarial technology and consulting firm that is disrupting the insurance industry with cutting‑edge, AI‑powered pricing solutions.

The company brings together top actuarial talent and advanced tech to deliver smarter, faster, and more transparent pricing models for non‑life insurers.

This is a unique chance to be part of a high‑impact environment where your expertise will directly influence model development, client outcomes, and the evolution of actuarial science.

The role offers flexible working arrangements, a dynamic start‑up culture, and the chance to work on projects that truly matter in the insurance space.

Benefits

• Work on innovative, AI‑enhanced pricing models
• Collaborate with some of the best minds in the actuarial and tech space
• Hybrid / flexible work environment based in Johannesburg or Cape Town
• Real impact, rapid growth opportunities, and exposure to cutting‑edge

Duties

• Develop and refine pricing models for short‑term (non‑life) insurance products
• Analyze insurance datasets to identify trends and drive pricing improvements
• Contribute to model validation frameworks and ensure regulatory compliance
• Support client implementations and assist with technical presentations and documentation

Education

Nearly or newly qualified Actuary (Actuarial Society of South Africa (ASSA)).

Experience

• Experience in short‑term insurance pricing is essential
• Exposure to statistical modelling techniques (GLMs, etc.)

Skills

• Proficient in Python, R, or a similar programming language
• Strong analytical and problem‑solving abilities
• Excellent written and verbal communication skills
• Interest in AI / machine learning in insurance is a strong advantage
• Comfortable working in a fast‑paced, agile environment

How to Apply

Apply now!