Job Summary
This role offers the perfect balance between core actuarial pricing work and modern analytics, including exposure to machine learning techniques, within a business that values innovation, collaboration, and professional growth. Candidates currently based elsewhere but looking to relocate to Cape Town are strongly encouraged to apply.
Key Responsibilities:
- Pricing-focused actuarial modelling within the short-term insurance environment
- Collecting, cleaning, and structuring large datasets using SQL and Python
- Applying advanced pricing and analytical techniques, including GLMs, decision trees, clustering, and other machine learning methods
- Building, testing, and maintaining predictive pricing models with senior support
- Delivering actionable insights via clear reports, dashboards, and presentations for both technical and business stakeholders
- Supporting underwriting strategy, portfolio optimisation, risk segmentation, and pricing reviews
- Driving automation, system enhancements, and data process improvements
- Developing and maintaining management information dashboards using Power BI
- Contributing to a strong pricing and risk-aware culture across the business
Job Experience and Skills Required:
- Education:
- Bachelor’s degree in Actuarial Science or a related discipline
- Completion of A100 and A200 actuarial exams, or close to completion
- Strong actuarial exam track record with a clear focus on pricing
- Experience:
- Minimum of 3 years’ experience in the short-term insurance industry
- Strong actuarial exam track record with a clear focus on pricing
- Skills:
- Strong mathematical, statistical, and analytical capability
- Proficiency in Python (automation and modelling) and SQL (data extraction and management)
- Experience with data visualisation tools, particularly Power BI
- Knowledge of actuarial modelling and machine learning methodologies
- High attention to detail with a structured, analytical approach
- Ability to work independently and manage multiple projects simultaneously
- Strong time management and organisational skills
- Innovative, adaptable, and naturally inquisitive mindset
- Excellent written and verbal communication skills
- Strong problem-solving and critical-thinking ability
- Solid understanding of short-term insurance products, policies, and risk concepts
Why This Role?
- Join a respected and growing short-term insurer with a strong actuarial culture
- Work in a pricing-focused role with exposure to advanced analytics
- Enjoy a high-quality Cape Town lifestyle, with flexibility for relocation candidates
- Clear opportunities for professional development and further exam progression
For more exciting Actuarial and Analytics vacancies, please visit:
Network Recruitment International – Finance Jobs
I also specialise in recruiting in the following:
- Actuarial: Life, Short-Term, Health, Pensions, and Quantitative
- Data & Analytics: Data Scientists, Data Analysts (Python, R, SQL, Machine Learning)
- Risk: Credit Risk, Market Risk, Model Risk, and Operational Risk Analysts
- Pricing: Specialists in Insurance and Financial Products
- AI & Machine Learning: ML Ops, NLP, Predictive Modelling Data Scientists
- Quantitative: Experts across Banking, Insurance, and FinTech
If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.
For more information, contact:
Zahrah Gani
Specialist Recruitment Consultant
? Connect with me on LinkedIn