Actuarial Specialist
ExperienceJunior (0-5 years) | Mid Level (6-10 years)
Est. StartMarch 2, 2026
Duration12 Months
CredeqCredeq
On site
Johannesburg, South AfricaJohannesburg, South Africa
Required Skills
Actuarial Science
Actuarial
Actuarial Valuations
IFRS 17
Advanced Excel & VBA
Python
Project Overview

Our client is looking for an Actuarial Specialist to join their team. The ideal consultant will demonstrate strong exam progression, thrive in a detail-oriented environment, and be available to join on a 12-month contract, while being open and willing to engage in a discussion regarding a potential permanent opportunity if offered.

Consultants with actuarial experience across any insurance lines, including life or short-term, will be considered.

Key Areas of Work:

  • Reserving & Capital Perform monthly reserving calculations, including IBNR and OSCR analytics
  • Assist with Economic Capital reporting Conduct Actual vs. Expected analysis to monitor portfolio performance
  • IFRS 17 Reporting
  • Prepare quarterly IFRS 17 workings and results
  • Perform PAA eligibility and onerous testing
  • Process Improvement & Data Analysis
  • Support automation of IFRS 17 and reserving processes
  • Develop and refine actuarial models and workflows
  • Analyse data to identify trends, anomalies, and data quality issues
  • Resolve data errors and implement controls
  • Governance Maintain documentation for models, processes, and methodologies
  • Contribute to ad hoc analyses as required

Required Skills and Experience:

  • BSc or BComm in Actuarial Science (or equivalent)
  • Minimum 2+ years’ experience in an actuarial environment
  • Advanced Excel skills
  • Exposure to VBA, SQL, Python, or R
  • IFRS 17 (advantageous)
  • Power BI (advantageous)
  • Guarantee or trade credit insurance knowledge (advantageous)
  • Strong analytical and problem-solving ability
  • High attention to detail and ability to investigate data anomalies
  • Strong communication skills and ability to work in a collaborative team

Behavioural Attributes:

  • Detail-oriented, proactive, and well organised
  • Able to manage multiple tasks effectively
  • Self-motivated and committed to professional growth
  • Team player who contributes positively to culture and relationships
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