Overview
Intermediate Actuarial Specialist Jobs in Cape Town, South Africa at Old Mutual South Africa
Overview
Old Mutual is a firm believer in the African opportunity and values a diverse talent base. Let’s Write Africa’s Story Together!
Responsibilities
- Pricing Infrastructure Development and Support:
Develop, maintain and support existing pricing infrastructure and related systems. - Assist with the enhancement of the Online Risk quotation platform.
- Support the maintenance and enhancement of experience-rated pricing tools.
- Build and maintain pricing-related automation solutions and system integrations.
- Assist with the migration of Excel-based models to more scalable technology platforms.
- Perform testing, validation and implementation activities for new developments and enhancements.
- Maintain technical and operational documentation for pricing infrastructure.
- Provide technical support to pricing system users and assist in resolving operational issues.
- Investigate and resolve issues within pricing systems, automation solutions and operational processes.
- Automation and Operational Enablement:
Develop and maintain automation solutions supporting pricing operations and bulk review processes. - Assist with the implementation of artificial intelligence and emerging technologies within pricing operations.
- Assist with the development of scalable and efficient pricing operational processes.
- Contribute to continuous improvement initiatives aimed at improving operational efficiency.
- Governance, Controls and Quality Assurance:
Support the maintenance of pricing governance frameworks, standards and documentation. - Assist with testing, validation and quality assurance activities.
- Produce governance evidence and documentation required for model and infrastructure sign-off.
- Support risk identification, issue resolution and control monitoring activities.
- Contribute towards audit preparation and governance reporting.
Qualifications And Experience
- A minimum of nine actuarial exam credits
- 2–5 years of relevant experience in actuarial, pricing, technology, automation or operations-related roles.
- Experience in pricing operations, actuarial modelling, process automation or solution development will be advantageous.
- Experience with in Group Risk pricing will be advantageous.
Technical Skills
- Advanced Microsoft Office, Microsoft 365, Excel and VBA skills.
- Experience with Python and/or C# development would be advantageous.
- Experience with or a strong interest in the Microsoft Power Platform, including Power BI, Power Automate and Copilot Studio.
- Ability to analyse and resolve technical issues.
- Strong attention to detail and commitment to quality.
- Ability to manage multiple deliverables and consistently meet agreed timelines.
- Ability to work independently while seeking appropriate guidance and support when required.
- Effective communication and stakeholder engagement skills.
Please note that appointments may be made at a lower role size depending on the successful candidate’s experience and actuarial examination progress.
Skills
Computer Literacy, Data Compilation, Data Controls, Executing Plans, Information Management, Insurance Product Management, Insurance Sales, Legal Practices, Numerical Aptitude, Risk Management
Competencies
- Action Oriented
- Baling Stakeholders
- Builds Networks
- Business Insight
- Collaborates
- Communicates Effectively
- Cultivates Innovation
- Decision Quality
Education
NQF Level 7 – Degree, Advance Diploma or Postgraduate Certificate or equivalent
Closing Date
20 July 2026, 23:59
The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question. The Old Mutual Story!
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Title: Intermediate Actuarial Specialist
Company: Old Mutual South Africa
Location: Cape Town, South Africa
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