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

Absa Bank; Johannesburg; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A fast-growing actuarial technology firm in Johannesburg is seeking a nearly or newly qualified Actuary. The role involves developing innovative pricing models for non-life insurance products and analyzing datasets to improve pricing strategies. Candidates should have a strong skill set in Python or R, alongside excellent analytical and communication abilities. The position offers flexible working arrangements and opportunities for rapid growth in a dynamic start-up culture.

Benefits

Innovative projects

Collaborative environment

Flexible work arrangements

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

Proficient in R

Strong analytical abilities

Excellent communication skills

Interest in AI/machine learning

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 tools

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!