Actuarial Analyst III
Date: 21 Nov 2025
Location: Sandton, ZA
Company: Capitec Bank Ltd
Purpose Statement
- Under general supervision, performs assignments of actuarial-related duties such as preparing, performing and analysing actuarial research and audits.
- Other duties include collecting data from various databases and performing standard mathematical calculations.
Education (Minimum)
- Bachelor's Degree in Statistics or Mathematics
Education (Ideal or Preferred)
- Honours Degree in Statistics or Mathematics
Knowledge and Experience
Minimum:
Knowledge
- Actuarial principles, standards, tools, systems, models and methodologies
- Knowledge of the Life Insurance industry and landscape
- Some IFRS 17 knowledge
- Coding on FIS Prophet or other actuarial/statistical modelling software.
- Nearly qualified Actuary: Good progress with Actuarial exams, maximum of four exams remaining.
Ideal:
Knowledge ·
- Relevant knowledge of valuations/reporting and/or capital management · Business case conceptualisation, principles and compilation · Experience analysis and decrement table construction · Governance and risk management principles. · Nearly qualified Actuary: Good progress with Actuarial exams, maximum of one exam remaining.
Experience
- Min one years’ actuarial experience in the life insurance industry including valuation, reporting and or capital
- management.
- Minimum of 3 years experience
- Experience with IFRS17.
- Experience with Prophet or other actuarial modelling software.
Ideal:
- Experience · 3+ years actuarial experience in the life insurance industry including valuation, reporting and or capital management. · Experience with working in a team with multiple deliverables. · Experience in working with data visualisation technologies (Power BI, etc.)
Skills
- Analytical Skills
- Attention to Detail
- Numerical Reasoning skills
- Planning, organising and coordination skills
- Reporting Skills
Additional Information
- Clear criminal and credit record