10 Actuarial Science jobs in South Africa

About the Regulator:

The Financial Sector Conduct Authority (FSCA) is the market conduct regulator of financial institutions, that provide financial products and financial services, financial institutions that are licensed in terms of a financial sector law, including banks, insurers, retirement funds and administrators, and market infrastructures.

Terms and Conditions:

The FSCA will grant a bursary to Grade 12 students for actuarial science studies at a recognised South African University. This bursary is targeted at previously disadvantaged South African students with a South African ID who are not able to further their career in the actuarial science field for the period 2026 to 2029. The final decision to award the bursary will depend on the Grade 12 results and admission at the identified University. The successful candidate will be required to enter into a work-back contract with the FSCA proportional to the number of years he/she has been funded by the FSCA.

The FSCA Actuarial Study Bursary will cover the following:

•Registration and tuition fees;
•Accommodation;
•Meals;
•Books/study material/stationery/Internet time;
•Laptop (once-off); and
•Living expenses (monthly allowances for incidental expenses).

Experiential Learning:

The bursar will be required to spend a minimum of 4 weeks per year at the FSCA during his/her vacation breaks for experiential learning.

Correspondence and Communication:

Please note that correspondence and communication will only be conducted with short listed candidates and that the FSCA reserves the right not to appoint if a suitable candidate is not identified.

•Letter of application (Motivational letter);
•Grade 12 mid-year results with a minimum of an A-symbol in Mathematics.

Closing Date: 31 August 2025

FSCA STUDY BURSARY (ACTUARIAL SCIENCE DISCIPLINE) (Pretoria)

2025/07/30
Reference Number
ASD 2026

Description

About the Regulator:

The Financial Sector Conduct Authority (FSCA) is the market conduct regulator of financial institutions, that provide financial products and financial services, financial institutions that are licensed in terms of a financial sector law, including banks, insurers, retirement funds and administrators, and market infrastructures.

Terms and Conditions:

The FSCA will grant a bursary to Grade 12 students for actuarial science studies at a recognised South African University. This bursary is targeted at previously disadvantaged South African students with a South African ID who are not able to further their career in the actuarial science field for the period 2026 to 2029. The final decision to award the bursary will depend on the Grade 12 results and admission at the identified University. The successful candidate will be required to enter into a work-back contract with the FSCA proportional to the number of years he/she has been funded by the FSCA.

The FSCA Actuarial Study Bursary will cover the following:

•Registration and tuition fees;
•Accommodation;
•Meals;
•Books/study material/stationery/Internet time;
•Laptop (once-off); and
•Living expenses (monthly allowances for incidental expenses).

Experiential Learning:

The bursar will be required to spend a minimum of 4 weeks per year at the FSCA during his/her vacation breaks for experiential learning.

Correspondence and Communication:

Please note that correspondence and communication will only be conducted with short listed candidates and that the FSCA reserves the right not to appoint if a suitable candidate is not identified.

Requirements
•Letter of application (Motivational letter);
•Grade 12 mid-year results with a minimum of an A-symbol in Mathematics.

Closing Date: 31 August 2025

Work Level
Student/Graduate
Job Type
Contract
Salary
Market Related
Duration
3 Years +
EE Position
Yes
Location
Pretoria

Important:
Our sole purpose is to share new jobs in South Africa with our readers that seek employment. The job shown on this page, belongs to the Company as seen on the listing.

Join to apply for the Actuarial Science Youth Bursary 2026 (Centurion/Sandton/Cape Town) role at Momentum Group Limited .

For over 24 years, Momentum Group has supported top-achieving university students pursuing careers in Actuarial Science by providing financial assistance through our bursary program. This helps students focus on their studies without financial stress related to tuition and academic expenses.

Role Purpose

Successful recipients of our bursary will receive:

• Annual registration and tuition fees
• Textbook, general, and data allowance
• Accommodation and meal allowance (where applicable)
• Travel allowance (where applicable)
• Mentorship, vacation work, and networking opportunities

Requirements

• South African Citizen
• Enrolled in one of the following at an accredited South African university:
• BSc Actuarial Science
• BBus Science Actuarial Science
• BCom Actuarial Science
• BSc Actuarial and Financial Mathematics
• Successful completion of first-year actuarial studies
• GPA of 70% or higher
• Not receiving other bursaries for the same academic year

Please note: This bursary is not open to Grade 12 learners planning to start university in 2026.

Documents to attach:

• Detailed CV and 1-page motivation letter (combined into one document)
• Certified copy of matric certificate
• Academic transcripts for all years of study

Duties & Responsibilities

• Provide requested documentation within 5 working days
• Complete the degree within the allocated time
• Pass all subjects annually
• Meet course entry requirements for the next year
• Submit academic results and proof of expenses within 5 days of receipt
• Graduate with at least 4 exemptions
• Contribute positively to the actuarial profession and join Momentum upon graduation

Competencies

• Enthusiastic and passionate about actuarial science
• Effective written and verbal communication
• Problem-solving skills
• Organized, disciplined, self-motivated
• Integrity and honesty
• Results-oriented and deadline-driven

Enquiries:

• Seniority level: Internship
• Employment type: Full-time
• Job function: Finance and Sales

Referrals can increase your chances of interviewing at Momentum Group Limited. Get notified about new actuarial jobs in Sandton, Gauteng, South Africa.

Actuarial Business Analyst – Data Science and Machine Learning Lead

George, Western Cape | Badger Holdings SA

At Badger Holdings, we don’t just crunch numbers, we turn them into business game-changers.

We’re looking for an Actuarial Business Analyst to lead a team of Data Scientists in building impactful machine learning models. You will act as the translator, strategist, and impact-driver, ensuring each model delivers measurable value and is comprehensible from the boardroom to the operations floor.

If you can combine deep technical expertise with a focus on commercial impact and lead a high-performance analytics team, this is your opportunity to influence at the highest level.

What You’ll Do

Lead & Inspire

• Manage, mentor, and develop a team of Data Scientists to achieve high-quality delivery.
• Foster a culture of experimentation, collaboration, and results-oriented work.

Design & Deliver

• Oversee the development, testing, and deployment of machine learning models addressing real business challenges.
• Assess, communicate, and demonstrate the commercial impact of analytics solutions.
• Maintain model relevance, accuracy, and alignment with business objectives.

Bridge Tech & Business

• Serve as the primary liaison between data science teams and decision-makers.
• Translate complex analytics into clear, actionable insights.
• Support operational teams in adopting and utilizing model outputs effectively.

Drive Excellence

• Gather, refine, and document project requirements.
• Promote best practices, innovative modeling techniques, and continuous process improvements.

Actuarial Business Analyst – Data Science and Machine Learning Lead

George, Western Cape | Badger Holdings SA

At Badger Holdings, we don’t just crunch numbers, we turn them into business game-changers.
We’re on the hunt for an Actuarial Business Analyst who can lead a team of Data Scientists to build machine learning models that move the needle . You’ll be the translator, the strategist, and the impact-driver, making sure every model delivers measurable value and is understood from boardroom to operations floor.

I you can bridge deep technical expertise with commercial impact and lead a high-performance analytics team, this is your seat at the table.

What You’ll Do

• Manage, mentor, and grow a team of Data Scientists into a powerhouse of delivery.
• Build a culture where experimentation, collaboration, and results thrive.

Design & Deliver

• Oversee the creation, testing, and deployment of machine learning models that solve real business problems.
• Measure, quantify, and communicate the commercial impact of analytics solutions.
• Keep models relevant, accurate, and laser-focused on business goals.

Bridge Tech & Business

• Be the go-to liaison between data science and decision-makers.
• Translate complex analytics into plain, actionable English
• Ensure operational teams adopt and use model outputs effectively.

Drive Excellence

• Gather, refine, and document requirements for analytics projects.
• Push for best practices, smarter modelling approaches, and continuous process improvement.

What You’ll Need to Bring

• Degree or Honours in Actuarial Science .
• 7+ years’ experience in insurance or financial services (short-term insurance? Even better).
li >Proven track record in building statistical/machine learning models.
• Skill in turning model outputs into business gold.
• Leadership experience in Data Science, Analytics, or Actuarial teams.
• Experience with claims modelling & survival analysis in insurance.
• BI tool mastery (Power BI, Qlik Sense, Tableau, etc.).
• Exceptional stakeholder engagement and communication skills.

Preferred:

• Hands-on skills in Python, R, SQL, and cloud platforms like Snowflake.
• Experience shaping both technical and business requirements.
• Strong grasp of data-driven decision frameworks.

Why Badger?

We’re bold. We’re fast. We’re building the future of insurance analytics and you’ll be at the centre of it.
Here, your models won’t gather dust in a slide deck. They’ll shape strategy, impact the bottom line, and change how we work.

Read to lead the charge? Apply now and turn data into decisive action.

The position will be filled in line with Badger Holdings’ culture, values, and Employment Equity policy. Preference will be given to candidates from under-represented designated groups.

Actuarial Business Analyst – Data Science and Machine Learning Lead

George, Western Cape | Badger Holdings SA

At Badger Holdings, we don’t just crunch numbers, we turn them into business game-changers.
We’re on the hunt for an Actuarial Business Analyst who can lead a team of Data Scientists to build machine learning models that move the needle. You’ll be the translator, the strategist, and the impact-driver, making sure every model delivers measurable value and is understood from boardroom to operations floor.

If you can bridge deep technical expertise with commercial impact and lead a high-performance analytics team, this is your seat at the table.

What you’ll do

Lead and inspire

• Manage, mentor, and grow a team of Data Scientists into a powerhouse of delivery.

• Build a culture where experimentation, collaboration, and results thrive.

Design and deliver

• Oversee the creation, testing, and deployment of machine learning models that solve real business problems.

• Measure, quantify, and communicate the commercial impact of analytics solutions.

• Keep models relevant, accurate, and laser-focused on business goals.

Bridge tech and business

• Be the go-to liaison between data science and decision-makers.

• Translate complex analytics into plain, actionable English

• Ensure operational teams adopt and use model outputs effectively.

Drive excellence

• Gather, refine, and document requirements for analytics projects.

• Push for best practices, smarter modelling approaches, and continuous process improvement.

REQUIREMENTS

What you’ll need to bring

Essential:

• Degree or Honours in Actuarial Science .

• 7+ years’ experience in insurance or financial services (short-term insurance? Even better).

• Proven track record in building statistical/machine learning models.

• Skill in turning model outputs into business gold.

• Leadership experience in Data Science, Analytics, or Actuarial teams.

• Experience with claims modelling & survival analysis in insurance.

• BI tool mastery (Power BI, Qlik Sense, Tableau, etc.).

• Exceptional stakeholder engagement and communication skills.

Preferred:

• Hands-on skills in Python, R, SQL, and cloud platforms like Snowflake.

• Experience shaping both technical and business requirements.

• Strong grasp of data-driven decision frameworks.

Why Badger?

We’re bold. We’re fast. We’re building the future of insurance analytics and you’ll be at the centre of it.
Here, your models won’t gather dust in a slide deck. They’ll shape strategy, impact the bottom line, and change how we work.

Ready to lead the charge? Apply now and turn data into decisive action.

The position will be filled in line with Badger Holdings’ culture, values, and Employment Equity policy. Preference will be given to candidates from under-represented designated groups.