Senior Actuarial Specialist
Network Recruitment · Johannesburg, Gauteng
Posted 30 October 2026
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Start free — we apply for you →- Our client is a leading financial services organisation seeking a Senior Actuarial Specialist to join their actuarial team. This position offers an exciting opportunity to lead pricing, product development, and strategic actuarial initiatives while partnering with key stakeholders across the business. The successful candidate will play a critical role in delivering commercially sound solutions, mentoring junior team members, and providing specialist actuarial expertise to support business growth and innovation.
Job & Company Description
Key Responsibilities
- Lead pricing and product development initiatives across multiple portfolios
- Conduct pricing reviews and recommend strategies to improve profitability and sustainability
- Assess and evaluate new business opportunities and product offerings
- Review actuarial work and provide technical guidance to junior team members
- Partner with business stakeholders to develop innovative risk and insurance solutions
- Investigate experience trends and recommend corrective actions where required
- Support financial performance monitoring and actuarial reporting
- Ensure compliance with governance, audit, regulatory, and risk management requirements
- Act as a trusted technical advisor to management and stakeholders
- Contribute to strategic initiatives and continuous improvement projects
Job Experience and Skills Required
Education
- Actuarial Degree or Bachelor's Degree with Mathematics or Statistics as majors
- Associate Actuary qualification or strong progress towards Fellowship-level qualification
- Relevant short-term insurance examinations advantageous
Experience
- Minimum 5 years' actuarial experience
- Strong non-life pricing and actuarial modelling experience
- Experience within insurance or financial services environments
- Exposure to capital modelling and risk management frameworks advantageous
Skills
- Strong analytical and problem-solving abilities
- Advanced Excel skills
- SQL, Python, and/or R advantageous
- Excellent communication and stakeholder engagement skills
- Strong attention to detail and commercial awareness
- Ability to work independently and manage multiple priorities