Wednesday , November 29 2023

Hub Manager Jobs in Gauteng


About the job


Under the guidance of a senior actuarial analyst the intermediate actuarial analyst will appropriately allocate expense charges to the respective products, brands, and business lines. The expense charges must be calculated such that they equitably meet the incurred expenses. Monitoring of the incurred expenses and the associated expense charges collected will also be produced to track performance.


Data Collection & Analysis

Collate and analyze data using pre-set tools, methods and formats. Extract and verify data used for actuarial models. Reconcile data/information against credible data sources (for example financials) to ensure the data is complete and accurate. Before data is used for analysis/ modelling, review and acquire signed-off from the Technical Manager.

Actuarial Modeling

Develop, maintain and implement actuarial models and processes. Models to be fit for purpose and able to estimate the reality accurately. Regularly monitor Models to ensure model performance and communicate problems back to business. Before Models are used for estimation within the business, review and acquire the required signed-off.

Insights and Reporting

Contribute to the preparation of various data and analytics reports. Provide an ecosystem where data and data analysis is nimble and easy to access within the business. Provide insights from monitoring to inform the business and future modelling endeavours. Ensure monitoring is accurate and complete and regularly validated against credible data sources. Review results on a regular basis and monitor against actuals across brands and distribution channels within the business.

Model Deployment and Testing

Effective impact and sensitivity analysis to be performed before any deployment is done. Maintain and develop documentation on model/ pricing to be deployed. Ensure the monitoring processes are in place to measure the performance of the model/pricing.

Stakeholder Engagement

Assist with stakeholder engagement by arranging actions, meetings, events, and supporting materials to promote stakeholder commitment and drafting supporting materials to promote understanding. Be on time and prepared for meetings.

Improvement / Innovation

Identify shortcomings in existing processes, systems and procedures, and use established change management programs to address them. Ensure data processes are continuously maintained and kept up to date.

Operational Compliance

Identify, within the team, instances of non-compliance with the organization/ actuarial policies and procedures and/ or relevant regulatory codes and codes of conduct, reporting these and escalating issues appropriately. Maintain standards of integrity and professionalism as set out by the Actuarial Society of South Africa.

Personal Capability Building

Develop own capabilities by participating in assessment and development planning activities as well as formal and informal training and coaching. Develop and maintain an understanding of relevant technology, external regulation, and industry best practices through ongoing education, attending conferences, and reading specialist media.


Computer Skills

Support business processes by understanding and effectively using standard office equipment and standard software packages and provide technical guidance as needed. Actuarial and statistical software; Advanced Microsoft Office..


Provide technical guidance when required to develop actuarial models for planning and monitoring purposes.

Numerical Skills

Use an understanding of numerical concepts to perform mathematical operations such as report analysis and provide technical guidance when required. Strong background in mathematics and statistics.

Data Collection and analysis

Provide technical guidance when required to analyze data trends for use in reports to help guide decision making.

Writing Skills

Use clear and effective writing skills to express ideas, request actions and formulate plans or policies.

Verbal Communication

Use clear and effective verbal communications skills to express ideas, request actions and formulate plans or policies.

Presentation Skills

Communicate with other people by speaking in a clear, concise and compelling manner.


Analyze data from multiple sources to draw appropriate conclusions and make suitable recommendations.

Analytical Processes

Use appropriate analytical processes and procedures.

Action Planning

Develop appropriate plans or perform necessary actions based on recommendations and requirements.

Planning and Organizing

Plan, organize, prioritize and oversee activities to efficiently meet business objectives.


Achieve full compliance with applicable rules and regulations in management and/or operations. Actuarial Society of South Africa.

Data mining

Apply concepts of knowledge / skill when mining data.

Data Management

Acquire, organize, protect and process data to fulfill business objectives.

Minimum Requirements

  • Bachelors / Honours degree in Actuarial Science or similar (Essential)
  • Making good progression toward actuarial qualification (Essential)
  • 1 or more years of pricing experience within a short-term insurance environment (Essential)
  • Good programming knowledge
  • Good Microsoft Office knowledge
  • Good SQL knowledge
  • Exposure to modelling


  • Good knowledge of the SAS programming language


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