Actuarial Assistant Manager

Midrand, Johannesburg, South Africa

Job Description

Who are we?
MiWay is a direct financial services company. We are passionate about service excellence, convenience and offering our clients superior value products. Our Vision is to be a world-class direct financial services business that offers a complete array of services under one convenient umbrella - all managed online. We are positive that with the right people on board, we will continue to grow and give our clients the freedom to do things their way - free from worry and most importantly at peace with all the "what-ifs" of the world. Company values that every employee subscribes to are: Energy, Freedom, Accountability and Attitude. The ideal candidate is one who has the courage to be bold and subscribes to MiWay's core values! Do you have a positive attitude, love a challenge, treat your colleagues with respect and look for solutions, not problems? If yes, then MiWay is the place for you!
What will you do?
The MiWay Pricing & Product Design team will soon be expanding, creating an exciting opportunity for an Actuarial Assistant Manager. This role will involve providing support and leadership to a small team of actuarial analysts. Come join the team and be part of the challenge!
What will make you successful in this role?
Minimum Requirements

  • Bachelor's degree in actuarial science, Mathematical Statistics or related field
  • 3 years in a short-term insurance role
  • In-depth knowledge of Generalised Linear Models
  • Proficient in SQL
  • Proficient in at least one of R or Python
Deliverables include, but will not be limited to
  • Grow and nurture direct reports
  • Advise on the technical aspects of model building
  • Oversee the implementation of pricing models
  • Act as peer reviewer for work done in the pricing team
  • Assist with training and mentorship within the pricing team
  • Facilitate collaboration with other teams within the business
Competencies Required
  • An understanding of the core principles underlying scientific risk pricing
  • Hands-on experience building pricing models
  • The ability to motivate and empower individuals to grow the business and themselves
  • An agile mindset; being willing to change priorities as business needs change
  • Able to identify and correct technical/knowledge gaps junior members may have
Advantageous Competencies
  • Management or mentoring experience
  • Familiarity with non-linear modelling
  • TIA
  • Oracle PL/SQL Programming
Knowledge and Skills
Actuarial Problem Solving
Actuarial Negotiation
Business knowledge
Business analysis
Personal Attributes
Business insight - Contributing through others
Self-development - Contributing through others
Tech savvy - Contributing through others
Interpersonal savvy - Contributing through others
Build a successful career with us
We're all about building strong, lasting relationships with our employees. We know that you have hopes for your future - your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its five business clusters - Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office - the group provides many opportunities for growth and development.
Core Competencies
Cultivates innovation - Contributing through others
Customer focus - Contributing through others
Drives results - Contributing through others
Collaborates - Contributing through others
Being resilient - Contributing through others
Turnaround time
The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers. Deadline to apply: 13 October 2025.
Our commitment to transformation
At MiWay we believe in cultivating a positive and dynamic working environment that gives you freedom and opportunity to succeed. MiWay is committed to transformation and embracing diversity. This is what drives us to achieve a multicultural workplace with employment equity as a key goal to create an inclusive workforce, reflective of the demographics of our society.

Skills Required

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Job Detail

  • Job Id
    JD1541746
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Midrand, Johannesburg, South Africa
  • Education
    Not mentioned