Actuary: Data & Modelling Job Details


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Attention Banking Professionals: Join Our Dynamic Team at Capitec Insurance

Apply by: [Insert Date]

Are you a motivated and energetic individual with a passion for service in the banking industry? We’re looking for talented individuals to join our team at Capitec Insurance. Follow the steps below to start your journey:

  1. Take a sneak peek into life at Capitec and complete our short assessment by clicking the link below: https://talentcentral.eu.shl.com/player/link/01567683b48a40db872c19bb2f07ba9e
  2. Finish your application by clicking "Apply" below

Job Description:

Purpose Statement:

We’re seeking a highly skilled Actuary to enhance the financial performance of Capitec Insurance through the strategic implementation of actuarial modelling, automation of valuations and reporting processes, and development of predictive models.

Key Responsibilities:

Related Post
  • Valuations process automation and improvement
  • Risk scoring and predictive modelling
  • Actuarial systems, data, and model development
  • Pricing support and assumption setting
  • Stakeholder engagement and technical enablement

Requirements:

Education:

  • Honours degree in Actuarial Science or Mathematics (Minimum)
  • Actuarial Society of South Africa Technical Member (TASSA) / Actuarial Society of South Africa Fellow (FASSA / CERA) (Ideal or Preferred)

Experience:

  • Minimum 6 years of insurance industry experience, ideally with both life and general insurance exposure
  • Experience in building statistical or predictive models (GLMs, regression)
  • Experience with cloud-based platforms such as AWS
  • Some pricing, valuations, reporting, and/or capital management experience

Knowledge and Skills:

  • Strong Python coding ability for model development
  • SQL proficiency for accessing and managing data
  • Solid understanding of insurance data, policyholder behavior, and model deployment principles
  • General knowledge in actuarial principles, standards, tools, systems, models, and methodologies
  • General knowledge of the life and/or short-term insurance industry and landscape
  • Knowledge and understanding of regulatory and legal requirements related to insurance

Additional Requirements:

  • Clear criminal and credit record

Why Join Us:

Capitec is committed to diversity and, where feasible, all appointments will support the achievement of our employment equity goals.

Keywords: banking, actuary, insurance, data, modeling, automation, predictive, Excel, shall, laws, life, short-term, Safe, SSAFAA, FASsA, SAASSA, traceability, TalentCentral, Capitec Neighborhood.



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