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Senior Specialist: Actuarial

Posting Country:  South Africa
Date Posted:  27 May 2025
Full Time / Part Time:  Full Time
Contract Type:  Permanent

At Vodacom, we’re working hard to build a better future. A more connected, inclusive and sustainable world. As a dynamic global community, it's our human spirit, together with technology, that empowers us to achieve this. 

We challenge and innovate in order to connect people, businesses, and communities across the world. Delighting our customers and earning their loyalty drive us, and we experiment, learn fast and get it done, together.

With us, you can be truly be yourself and belong, share inspiration, embrace new opportunities, thrive, and make a real difference. 
 

When it comes to putting people first, we're number 1. 

The number 1 Top Employer in South Africa. 
Certified by the Top Employer Institute 2025.

Role Purpose:

 

  • Actuarial: To provide actuarial support to the Head of Actuarial on all matters relating to life and short-term insurance pricing
  • Data Analytics: to ensure that all decision making is data-driven by analysing the performance of products, campaigns and initiatives; assisting the actuarial and product managers in developing future products that future-proof the business

Your responsibilities will include:

 

  • Mentor the pricing team, providing guidance to Junior Actuarial Analysts
  • Develop and refine pricing models to ensure competitiveness and profitability.
  • Support pricing strategies for both new and existing life and short-term insurance products.
  • Supporting the product managers in developing new products and propositions.
  • Data analytics and experience monitoring:
  • Detailed analytics at customer, channel and product level are required to drive performance, product development, to prioritise strategic roadmap (developments).
  • Engage with clients and internal stakeholders, effectively communicating complex technical insights.
  • Contribute to structuring and negotiating new deals to optimise business outcomes

The ideal candidate for this role will have:

 

  • Mathematical, Statistical or Actuarial degree
  • 5-7 years of experience in the financial services industry, with a focus on life or short term insurance pricing
  • Experience managing analysts would be advantageous
  • Sound numerical, analytical and problem solving skills
  • Highly energetic, innovative and pro-active individual, with the ability to work independently and as a member of a team

Core competencies, knowledge and experience:

 

  • Experience in an actuarial pricing role essential
  • Analytical & creative problem-solving skills.
  • Good business acumen and understanding of the role of the capability in contributing to business value
  • Customer-centric focus, with an entrepreneurial and ROL mindset
  • Ability to function with a high degree of autonomy
  • Comfortable with a range of Actuarial pricing techniques
  • Strong time-management skills, with the ability to juggle multiple priorities
  • Excellent relationship building and influencing skills, with the ability to contribute towards an inclusive team culture

We make an impact by offering:

 

  • Enticing incentive programs and competitive benefit packages
  • Retirement funds, risk benefits, and medical aid benefits
  • Cell phone and data benefits, advantages fibre connection discounts, and exclusive staff discounts offered in collaboration with partner companies

 


Closing date for Applications: 3 June 2025. 


The base location for this role is Vodacom Midrand


The company's approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.
Vodacom is committed to an organisational culture that recognises, appreciates, and values diversity & inclusion.

Commitment from Vodacom

Vodacom is committed to attracting, developing and retaining the very best people by offering a flexible, motivating and inclusive workplace in which talent is truly recognized, developed and rewarded. We believe that diversity plays an important role in the success of our business and we are committed to creating an inclusive work environment which respects, values, celebrates and makes the most of people’s individual differences - we are not only multinational but multicultural too. At Vodacom you will have access to our excellent flexible benefits programme that you would expect from any global company.

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