Junior Acturial Analyst | Tygervalley, Cape Town | Permanent

Designation: Junior Acturial Analyst | Tygervalley, Cape Town | Permanent

Category: Actuarial

Job Level: Professionally qualified and experienced specialists and mid-management

Posted by: PSG Financial Services

Posted on: 10 Jul 2026

Reference Number: POS39847

Closing date: 31-Jul-2026

Position Type: Permanent

Location: Tygerfalls The Edge Western

Overview:

VACANCY | JUNIOR ACTURIAL ANALYST | TYGERVALLEY, CAPE TOWN | PERMANENT

PSGs commitment to transform and embrace diversity is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce. In achieving our employment equity goals, we give preference to applicants from designated groups, and we encourage people with disability to apply.

Job description:

Western National Insurance is seeking a motivated Junior Actuarial Analyst to support the Pricing team.

This role is primarily focused on supporting pricing model development and data analysis, with a strong emphasis on building Python-based data and modelling capability. The role will also provide exposure to reserving processes and modelling, including supporting data preparation and system implementation activities.

The successful candidate will gain practical experience in pricing while contributing to key short-term deliverables.

Responsibilities:

• Assist with data extraction, cleaning, and preparation using Python and SQL
• Support development and testing of pricing models (e.g. GLMs)
• Perform exploratory data analysis and basic statistical investigations
• Assist with pricing reviews, monitoring, and reporting
• Prepare clear and structured outputs for senior team members
• Contribute to automation and process improvements within pricing
• Maintain good documentation and version control of work
• Provide support to reserving data preparation and validation processes
• Assist with testing and implementation of reserving tools/systems
• Support basic reserving analyses under guidance
• Maintain clear documentation of reserving-related work

Minimum requirements:

• Degree in Actuarial Science
• 1+ years’ experience in short-term insurance
• Demonstrated experience building or supporting pricing models
• Progress with actuarial exams

Core Technical Skills:

• Working knowledge of Python (data manipulation and analysis)
• Basic understanding of statistical methods
• Basic understanding of actuarial concepts including pricing and reserving
• Excel proficiency
• SQL exposure (advantageous)

Key Attributes:

• Strong attention to detail
• Willingness to learn and develop technical skills
• Ability to work in a structured, delivery-focused environment

How to apply:

Candidates interested must apply on the PSG Careers website https://www.psg.co.za OR browse vacancies https://bit.ly/3bD2iAk by no later than 31 July 2026.

By submitting your application, you are giving PSG Financial Services implicit consent to the storage and processing of your personal information. If you are not contacted within 2 weeks of your application, please accept that your application was unsuccessful.