Actuarial Manager
DAV
- R Undisclosed
- Permanent Management position
-
Edenburg
- Posted 24 Nov 2025 by DAV
-
Job 2628077 - Ref 893180910770096
About the position
Job Title: Actuary in Discovery Invest Systems & Analytics Team
Job Level: Manager/ Divisional Manager
Location: Sandton head office (3 office days p.w. hybrid working model)
Business Unit: Discovery Invest
Department: Product Development
Type of employment: L648
Key PurposeThe main purpose of this role is to use data science/ analytics skills to enhance retention and distribution strategies, improving business processes, identify product opportunities, assist reviewing product implementation specs and vetting scenarios to ensure products are implemented as designed and that administrative system values are actuarially sound.
Key Output
The successful applicant will be responsible for but not limited to the following broad job functions:
- Using data science/ analytics skills to optimise business processes, new business volumes and enhance retention and distribution strategies
- Be involved in developing new innovative product ideas and analysing experience to aid the pricing team
- Building MI data visualisation dashboards to help senior management making decisions affecting retention and distribution strategies
- Planning for new products, serving as the link between systems and actuarial & ensuring products are built as required
- Review new product specifications and implementation actuarial vetting scenarios
- Analyzing servicing scenarios and identifying possible system constraints on product design
- Ongoing involvement in addressing individual policy queries and issues
- Assisting with ad-hoc investigations and analyses including quantifying the financial impact of possible misalignment of actuarial specification and system implementation
- Applying actuarial knowledge to solve non-standard problems
Competencies- Self-starter able to show initiative and drive projects to completion with guidance.
- Applying Expertise and Technology
- Analysing
- Creating and Innovating
- Working with People
Qualifications & ExperienceEssential- Qualified Fellow Actuary or nearly qualified
- MS Excel - Proficient
- Database experience (SQL)
- Must have experience with statistical software (R and/or Python)
Advantageous- Data Science qualification/ experience
- Programming experience and understanding. (e.g. VBA)
- Industry experience applying ML models in analytics
- Previous systems work or software testing/ coding experience.
- Invest industry/ financial services 3 - 10 years' experience
Equity StatementPreference will be given to applicants from designated groups and suitable internal candidates in line with Discovery's policies
Desired Skills:
- VBA
- SQL
- Python
- Coding
- Software Testing
Desired Qualification Level:
DAV
About the agency
WE PARTNER WITH THE BEST IN BUSINESS TO DELIVER THE BEST TO BUSINESS
DAV partners with national & international blue chip firms to provide specialist recruitment services in the following segments:
• Commercial
• Financial Markets
• IT & Telecoms
• Engineering
• Supply Chain Management
• Executive Search
As one of Africa’s leading recruitment firms, our place in this world is to help others find theirs.
As an Adcorp Group firm, we are galvanised by our Group’s Purpose to enable agile, focused and skilled workforces for the future, workforces that are inclusive of people of all abilities, genders, ages and ethnicities; workforces that make a positive contribution to society.
DAV doesn't just fill a vacancy. We pride ourselves in delivering a trusted, consistent and specialised recruitment service that is unmatched in Africa.
We offer:
• Highly competent and passionate recruitment specialists that understand you and the markets you operate in and that have a clear understanding of your priorities, your workforce culture and your ambitions
• The ability to consistently attract and match the highest quality candidates best suited to deliver your business growth strategies and produce consistent successes for you
• Deep partnerships with leading corporates. We partner with the best in business to deliver the best to business
• Unrivalled reach, scale and world-class technology
• Demonstrated success in supporting our partners achieve their workforce Diversity, Equity and Inclusion programs.
The truth is simply this: we have a rich and trusted legacy of precision recruitment; recruitment by the best, of the best, for the best. We know why we're here. We love what we do and we won't rest until you receive the absolute best of who we are.
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