Manager: Actuarial Valuations and Statistical Analysis Jobs

Manager: Actuarial Valuations and Statistical Analysis

Company Overview

The Road Accident Fund is a statutory insurance provider offering compulsory cover to South African motorists for personal injury claims arising from traffic collisions. (Excludes property damage liability)

Position Type

Full Time

Location

Centurion, Gauteng

Key Responsibilities

• Claims Valuation: Develop actuarial models for reserve calculations, conduct sensitivity analyses, and ensure accurate financial reporting
• Funding Strategy: Create projection models for solvency analysis and Treasury funding requirements
• Benefit Calculations: Design systems for loss of earnings/support benefit quantification
• Regulatory Compliance: Prepare solvency capital reports for statutory requirements
• Strategic Planning: Provide financial projections for organizational strategy
• Data Analysis: Generate monthly claims statistics and management reports
• Risk Management: Conduct mortality/morbidity studies and expense analyses
• Team Leadership: Manage department operations and personnel development

Requirements

• Bachelor’s Degree in Actuarial Science/Mathematics (Postgraduate preferred)
• 8+ professional actuarial exam passes (advantageous)
• 6-8 years’ actuarial experience including 2 years supervisory/management experience
• Advanced data modeling and statistical analysis skills
• Proven success in financial projections and risk assessments

Application Process

Qualified candidates should apply through the Road Accident Fund careers portal.