Senior Actuarial Specialist

In brief

**Overview** This role is for a Senior Actuarial Specialist at Guardrisk, joining the Structuring and Solutions team. This team serves as the primary point of contact between different business segments and technical support areas, with a focus on client service and the development of client solutions. The specialist will be part of a diverse team that includes experienced Data Scientists, Actuarial Analysts, and Qualified Actuaries. The position's core purpose is to assist with pricing, product development, and providing insights for Guardrisk's cell captive "GRI" business, offering technical support in the form of pricing, product reviews, and capital solution development for new and existing cell business. **What you will do** * Take accountability for all product development and pricing frameworks, and structuring initiatives across the CRS and VUMA portfolios. * Lead rate reviews and re-pricing exercises for the existing product suite to maintain technical soundness and market competitiveness. * Oversee the assessment and approval of new product offerings, ensuring they are commercially viable and compliant. * Review and ensure the accuracy of fellow team members' work. * Provide guidance to junior actuarial analysts. * Partner with internal teams to structure new deals - providing actuarial input on optimal underwriting and capital structuring solutions tailored to client needs. * Investigate, quantify and explain any deviations and advise on corrective measures. * Ensure that all projects to be implemented adhere to audit and risk management requirements. * Collaboration with external business support to define and develop the pricing models and processes. * Support clients in the design and development of bespoke products, with a focus on innovation, profitability, and sustainability. * Manage financial performance reporting, including monitoring product profitability and adherence to best-practice actuarial standards. * Act as a senior technical advisor to both management and external stakeholders, translating complex actuarial insights into actionable business decisions. **Requirements (from the original advert)** * An Actuarial or bachelor’s degree with mathematics or statistics as majors. * Associate Actuary or making good progress with Fellowship level exams. * Successful completion of F103 General Insurance Principles or equivalent short-term insurance exam. * 5 years' relevant work experience. * Modelling experience. * Non-life pricing experience. * Coding knowledge in SQL, Python and R advantageous. * Knowledge of insurance products, contracts and relevant industry legislations. * Sound numerical skills and computer literacy is essential especially in the use of MS Excel, MS Word and SQL. * Exposure to the SAM capital regime. **Who should apply** The ideal candidate will possess an Actuarial or bachelor’s degree with mathematics or statistics majors, be an Associate Actuary or making good progress with Fellowship level exams, and have successfully completed F103 General Insurance Principles or an equivalent short-term insurance exam. They should have 5 years of relevant work experience, including modelling and non-life pricing experience, along with exposure to the SAM capital regime. Essential skills include sound numerical ability, strong computer literacy (MS Excel, MS Word, SQL), and knowledge of insurance products, contracts, and relevant industry legislations; coding knowledge in SQL, Python, and R is advantageous. Candidates should demonstrate strong technical expertise, excellent analytical and communication skills (both written and verbal, with the ability to explain complex technical concepts to non-technical stakeholders), and an ability to examine and interpret data to provide insights. The role requires someone who is achievement-oriented, manages time effectively for optimal productivity, is results and solution-focused, highly self-motivated, and capable of working independently. They should have a naturally inquisitive and innovative mindset, possess self-confidence, and demonstrate flexibility to cope with pressure and setbacks, consistently delivering results and meeting expectations. The ability to network and consult across all levels of the organisation and with clients on technical structuring matters is also important. **Deadline** 18th October, 2026 **Reference** Original posting: https://www.myjobmag.co.za/job/senior-actuarial-specialist-guardrisk-2 Source: myjobmag

Summary drafted with AI assistance from the original advert. The advert itself is the authority — how we use AI.

At a glance

• At least 5 years of experience.

• Python
• SQL
• Microsoft Excel

Extracted automatically from the advert; confirm requirements on the original listing.

Job description

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