Actuary | Actuarial Analyst – Discovery Life needed at Discovery Limited

Job Expired
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Job title : Actuary | Actuarial Analyst – Discovery Life

Job Location : Gauteng, Johannesburg

Deadline : July 13, 2024

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Key Purpose

The primary focus of the role is to assist in technical project work both within Discovery Life and for the Discovery Group as a whole, using actuarial skills to add value through business insights derived by driving both short and long-term technical actuarial projects.  The team is considering ways to integrate data science into the toolkit for technical actuarial analysis and there would be a degree of focus on this.  The successful applicant will be involved in all stages of model development, from a critical analysis and understanding to the modelling and communication of results to stakeholders.

Areas of responsibility may include but not limited to

  • Provide analysis and insight into various business issues – this will involve all steps from assisting to identify issues, problem solve solutions and subsequently develop the models to address these issues and finally communicate the solutions to stakeholders.
  • Measuring the expected financial impact of a number of key decisions and communicating results with senior management to aid in the decision-making process.
  • Liaising with key stakeholders in the relevant teams as the model and processes are implemented.
  • Additional ad-hoc technical investigations and reports as required by senior management.

Education and Experience


  • Matric with mathematics
  • Bachelor’s / Honours degree in Actuarial Science or Mathematical Statistics from an accredited institution
  • Nearly Qualified Actuary with 12 or more exams passed
  • At least two years of working experience as an Actuarial Analyst


  • Honours in Actuarial Science
  • Advanced proficiency in MS Word, MS Excel and MS Outlook
  • Working experience of at least 2 years in a Valuations, SAM or IFRS 17 technical role within the Life Insurance industry
  • Qualified Actuary or Nearly Qualified Actuary with 12 – 15 exams passed

Technical Skills and Knowledge


  • Advanced proficiency in MS Word, MS Excel and MS Outlook
  • Intermediate to advanced knowledge in a programming language e.g. Prophet


  • Experience or understanding of the IFRS 17 Standard
  • Knowledge of the Life Insurance market
  • Prophet modelling experience

How to Apply for this Offer

Interested and Qualified candidates should Click here to Apply Now

  • This job has expired!