Junior Actuarial Analyst (JHB)

Job Description

As a Junior Actuarial Analyst, you’ll work on live pricing models, claims data, and business performance tracking that influence millions in premium and claims decisions. This is a permanent opportunity based in Alice Lane, Sandton, Gauteng, with a hybrid work model available.What will you do?You'll join a high-performing actuarial and analytics team within South Africa’s leading general insurer – and help shape the way insurance works.What will make you successful in this role?You’ll rotate through or contribute to some of the following core areas:Model DevelopmentAssist in sourcing, validating, and preparing core pricing inputs such as exposure and claims data.Support the development and improvement of pricing models using advanced actuarial/statistical techniques, leveraging tools like Python, R, and SQL.Contribute to the implementation of pricing initiatives that align with business objectives balancing profitability, competitiveness, and risk appetite.Business Strategy and Product InsightContribute to market fit analysis and product cross-subsidisation investigations.Support ad hoc business and analytics projects that guide executive strategy.Input into product development and business processes where required.

Responsibilities + Skills

Education

Exposure to multiple business areas (pricing, claims, underwriting, analytics).Mentorship from experienced actuaries and data scientists.Clear development path towards technical specialist, pricing actuary, or analytics strategist.

Experience

Job Summary

  • Published on: Monday, 25th August 2025
  • Designation: Junior Actuarial Analyst (JHB)
  • industry: Retail
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Durban
  • Salary: 0
  • Gender:
  • Application Deadline: Monday, 25th August 2025
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About the Company

  • Company Name: Sanlam.
  • Address: PO Box 1. Sanlamhof 7532. Street address. Sanlam Head Office, 2 Strand Road
  • Website: www.sanlam.co.za
  • Company Profile:
  • Charlize Theron may have run away to Hollywood, but the Sanlam Group keeps its star power at home in South Africa. Targeting middle-market and affluent clients, the company provides insurance and wealth management services. Major segments are life insurance (including annuities and other investment products) and short-term insurance (property and casualty coverage sold through majority-owned Santam). The company has been expanding its investment business through segments including Sanlam Investment Management, its Octane hedge fund of funds, and its SIM Emerging Markets, which focuses on African economies.

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