Actuarial Analyst Jobs

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  • Full Time
  • Centurion, South Africa

Road Accident Fund

Actuarial Analyst Position at Road Accident Fund

Company Overview:
The Road Accident Fund is a statutory insurer providing cover to South African motorists for injury/death liabilities from traffic collisions. (Excludes property damage coverage)

⚠️ Important Notice: Never pay fees for recruitment processes. Contact RAF directly with concerns.

Position Details

  • Job Type: Full Time
  • Qualifications: Bachelor’s Degree/Advanced Diploma in Actuarial Science/Mathematics
  • Experience: 4+ years in actuarial environment
  • Location: Centurion, Gauteng
  • Department: Insurance

Key Responsibilities

Financial Modeling & Analysis

  • Develop/maintain loss of income calculation models
  • Analyze mortality rates, earnings progression, and other actuarial factors

Data Management

  • Process accident statistics and claims data
  • Create forecasts for accident trends and claim volumes

Risk Management

  • Develop risk assessment frameworks
  • Implement claims monitoring strategies

Reporting & Documentation

  • Prepare operational reports
  • Maintain audit-ready documentation

Stakeholder Engagement

  • Collaborate with cross-functional teams
  • Present technical information to non-technical audiences

Requirements

  • Degree in Actuarial Science/Mathematics/Statistics
  • 4+ years practical actuarial experience
  • Familiarity with damage quantification (advantageous)
  • Progress in actuarial certification exams (preferred)

Application Process

Qualified candidates should submit applications through the Road Accident Fund careers portal.

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