Junior Actuarial Analyst

Recruiter

Network Recruitment

Job Ref

NFP016933/IV

Date posted

Friday, July 3, 2026

Location

Cape Town, South Africa

SUMMARY

Launch your actuarial career with a leading financial organisation where you'll gain hands-on exposure to pricing models, data analytics, and actuarial modelling. This opportunity is ideal for a Junior Actuarial Analyst who is passionate about applying technical skills to solve business challenges while developing expertise in pricing, reserving, and predictive modelling within a collaborative actuarial team.

A well-established insurance provider is seeking a Junior Actuarial Analyst to join their Pricing team based in the Northern suburbs of Cape Town. The successful candidate will support the development and enhancement of pricing models while assisting with data analysis, automation, and actuarial modelling initiatives.

This role offers valuable exposure to both pricing and reserving functions, allowing the successful candidate to build practical experience in actuarial modelling, data preparation, and system implementation. Join an organisation that values innovation, professional development, and continuous improvement while working alongside experienced actuarial professionals in a dynamic environment.

POSITION INFO

Key Responsibilities: Assist with data extraction, cleaning, and preparation using Python and SQL. Support the development, testing, and enhancement of pricing models, including Generalised Linear Models (GLMs). Perform exploratory data analysis and statistical investigations to support pricing initiatives. Assist with pricing reviews, performance monitoring, and reporting. Prepare clear, accurate, and structured outputs for senior actuarial team members. Contribute to automation initiatives and continuous process improvements within the pricing function. Job Experience and Skills Required: Degree in Actuarial Science. 1+ years of experience within the short-term insurance industry. Experience with pricing models (building and supporting). Working knowledge of Python for data manipulation and analysis. Apply now! For more exciting Finance vacancies, please visit: I also specialise in recruiting in the following: Actuarial: Life, Short-Term, Health, Pensions, and Quantitative Data & Analytics: Data Scientists, Data Analysts (Python, R, SQL, Machine Learning) Risk: Credit Risk, Market Risk, Model Risk, and Operational Risk Analysts Pricing: Specialists in Insurance and Financial Products AI & Machine Learning: ML Ops, NLP, Predictive Modelling Data Scientists Quantitative: Experts across Banking, Insurance, and FinTech If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions. For more information, contact: Irene Venter Recruitment Consultant