Actuarial Analyst

Apply now »

Date: 2 Jun 2025

Location: Stellenbosch, Western Cape, ZA

Company: Capitec Bank Ltd

Apply by:  

We're on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below:

1. To see what life at Capitec is all about and complete a short assessment, please click here!

2.  Once you have completed the above finalize your application by clicking apply below

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

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