Actuary: Data & Modelling
Date: 30 May 2025
Location: Stellenbosch, Western Cape, ZA
Company: Capitec Bank Ltd
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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
- To provide technical actuarial expertise in leading the actuarial and capital management of Capitec Life, a subsidiary of Capitec Holdings, supporting business strategy and objectives and complying with regulatory requirements
- To be responsible for delivering solutions for Capitec-life to achieve its strategic objectives.
Education (Minimum)
- Honours Degree in Statistics or Mathematics
Education (Ideal or Preferred)
- Actuarial Society of South Africa Technical Member (TASSA) / Actuarial Society of South Africa Fellow (FASSA / CERA)
Knowledge and Experience
Experience
MINIMUM:
- At least 5 years’ actuarial experience within a technical actuarial role
- Stakeholder relationship management practices and principles
- Experience of working on multiple projects for various parties simultaneously and working with a team
- with multiple deliverables
- Experience of a high performance environment, working to tight deadlines and under pressure.
- Some experience working with statistical/actuarial software
IDEAL:
- Quality management principles and practice
- Experience of providing technical and functional mentoring and coaching and oversight of a team
- Experience of working on multiple projects for various parties simultaneously and working within a team with multiple deliverables.
- Proven track record of independently completing and delivering projects
Knowledge
MINIMUM:
- Some knowledge of actuarial principles, standards, tools, systems, models and methodologies.
- Knowledge of insurance industry dynamics, competitors and products.
- Familiarity with regulatory and legal requirements in insurance.
- Understanding of commercial, business and financial principles and practices.
- Familiar Governance and risk management principles.
- Some knowledge of statistical/actuarial software
IDEAL:
- Business case conceptualisation, principles and compilation
- Elements of a Balanced Scorecard for an insurer.
- Some knowledge on client experience (design thinking, journey mapping, etc.)
Skills
- Analytical Skills
- Attention to Detail
- Commercial Thinking Skills
- Communications Skills
- Interpersonal & Relationship management Skills
- Numerical Reasoning 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.