Graduate Actuarial Services Analyst (Non-Life Insurance)

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Belonging at Absa

Absa is committed to creating an inclusive workplace where everyone can thrive. We are an equal opportunity employer and welcome applications from suitably qualified individuals from diverse backgrounds. In support of our Diversity, Equity, Inclusion and Belonging (DEIB) commitments and Employment Equity objectives, preference may be given to candidates from underrepresented designated groups, including persons with disabilities. We encourage applicants who may require reasonable accommodation during the recruitment process to let us know so that appropriate support can be provided.

Job Summary

Kick-start Your Career in Non-Life Insurance. We are seeking ambitious, analytical, and driven graduates who are passionate about building a career within the Non-Life Insurance industry. This programme offers an exciting opportunity to gain practical experience, develop industry knowledge, and contribute to a dynamic and fast-paced environment. As a participant in our Graduate Programme, you will work alongside experienced professionals, receive on-the-job training, and gain exposure to various aspects of the Non-Life Insurance business.

Job Description

Kick-start Your Career in Non-Life Insurance

We are seeking ambitious, analytical, and driven graduates who are passionate about building a career within the Non-Life Insurance industry. This programme offers an exciting opportunity to gain practical experience, develop industry knowledge, and contribute to a dynamic and fast-paced environment.

As a participant in our Graduate Programme, you will work alongside experienced professionals, receive on-the-job training, and gain exposure to various aspects of the Non-Life Insurance business.

Minimum Requirements

• Bachelor's Degree or Honours Degree in Actuarial Science.

• A minimum academic average of 65% or above.
• South African citizen.
• No more than two years' post-graduate work experience.

Preferred Criteria

• Preference will be given to candidates with a strong interest in the Non-Life Insurance sector.
• For actuarial-focused opportunities, preference will be given to candidates who have obtained a minimum of six (6) actuarial exemptions from an accredited university and who are progressing towards a professional actuarial qualification.
• Demonstrated leadership experience through academic, community, sporting, or student initiatives will be advantageous.

Key Competencies

We are looking for candidates who demonstrate:

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• High attention to detail and accuracy.
• Ability to work collaboratively in a team environment.
• Strong learning agility and adaptability.
• Initiative and a proactive approach to work.
• Proficiency in Microsoft Office applications, particularly Excel.

What We Offer

• Structured learning and development opportunities.
• Full support to qualify as a Fellow of the Actuarial Society of South Africa.
• A competitive salary + bonus + benefits.
• A flexible working environment.
• Real responsibility from day one and practical work experience in a leading professional environment.
• Opportunities to build a strong foundation for a successful career in the insurance industry.

Education

Bachelor's Degree: Actuarial Science