Job Description

Job Overview

Business Segment:

Insurance & Asset Management

Location:

ZA, GP, Roodepoort, 4 Ellis Street

Job Type:

Full-time

Job Ref ID:

80446060A-0001

Date Posted:

10/7/2025







To apply analytical, statistical and mathematical skills to analyse data in order to assist with solving of business and financial problems (particularly those involving risk). This entails calculating the probability of and costs associated with certain events, such as product failure, accidents, property damage, injury, and death. The results are used to design and price insurance policies, investment plans, pension plans and other financial instruments.



To assist with the full implementation of IFRS 17 within SIL. In particular, to assist with the data preparation and transformation for IFRS 17 purposes. To perform monthly calculations of IFRS 17. To perform investigations relating to IFRS 17 reports.



Qualifications

Type of Qualification:

First Degree

Field of Study:

BSc or BCom with actuarial majors - Honours is an advantage



Member of Actuarial Society of South Africa /Member of the Institute and Faculty of Actuaries.



At least 6 exemptions / actuarial exam passes



Experience Required



3 - 6 years' actuarial experience. IFRS 17 experience preferred. Experience with data is preferred. Experience in the short-term insurance is preferred. Capital modelling and reserving experience is preferred.



Additional Information

Behavioural Competencies:

Able to multi-task.

Attention to detail.

Communication skills - written, verbal and presentation skills.

Disciplined and have high level of integrity, professionalism and trustworthiness.

Self-motivated

Pro-active

Team player

Technical Competencies:

Computer literacy (Microsoft Office)

Specialist actuarial software package skills

SAS statistical package (preferred), SQL (preferred).

Actuarial processes and control cycle skills

Reserving

Capital modelling

Analytical skills

Please note:

All our recruitment processes comply with the applicable local laws and regulations. We will never ask for money or any from of payment as part of our recruitment process. If you experience this, please contact our Fraud line on +27 800222050 or TransactionFraudOpsSA@standardbank.co.za