SASRIA Vacancies

To apply, click on the link at the end of the posts and all the best with your applications

Senior Actuarial Analyst

Closing Date
2026/05/20
Reference Number
SAS260505-2
Job Title Senior Actuarial Analyst
Job Type Permanent
Division Control Functions
Department Actuarial
EE Occupational Levels Level 6: Specialists
Location – Town / City Johannesburg
Location – Province Gauteng
Location – Country South Africa
Job Advert Summary
The Senior Actuarial Analyst assists the Actuarial Manager with the day-to-day operations of the actuarial department within Sasria. This would include the valuation of technical provisions, capital modelling for economic and regulatory purposes, stress testing and scenario analysis, assisting with reinsurance reviews and being involved in any updates to pricing basis.

Minimum Requirements
Qualifications

• Bachelor’s Degree (NQF level 7)
• Nearly or Newly Qualified Fellow Actuary
• Minimum of 10 Actuarial Exams/Exemptions including A311 or equivalent, with commitment to completion of all exams within a defined period

Experience

• Minimum 5 years’ experience, preferably in the short-term insurance practice area.

Duties and Responsibilities
Capital Modelling

• Support the calculation of regulatory capital requirements (SAM/Solvency II) on a quarterly and annual basis.
• Contribute to the Economic Capital Model, including model runs, assumption setting, stress tests, and result interpretation.
• Assist in the analysis of capital drivers, sensitivities, and diversification benefits.
• Perform reinsurance analysis and optimisation to support annual renewal decisions and ongoing reinsurance adequacy monitoring.
• Support the Own Risk and Solvency Assessment (ORSA) process through risk appetite setting, risk budget, scenario identification and
  quantification as well as capital and financial projections.
• Prepare documentation and analysis for internal and external stakeholders.

Technical Provisions

• Perform quarterly and annual IFRS?(17), and regulatory technical provision calculations under supervision.
• Assist with data validation, assumption setting, and reconciliation processes supporting actuarial valuations under IFRS?17 and regulatory frameworks.
• Apply appropriate reserving methodologies and recommend refinements based on experience and emerging trends.
• Support measurement of (re)insurance contract liabilities under IFRS?17, including fulfilment cash flows and risk adjustment.
• Prepare documentation and analysis for internal and external stakeholders.

Pricing

• Perform technical pricing analyses and rate reviews for existing and new products.
• Assist in assessing the profitability, capital, and solvency impact of new products or product enhancements.
• Provide actuarial support to underwriting, including risk analysis, loss ratio analysis and portfolio performance monitoring.
• Support experience investigations to inform pricing and valuation assumptions.

Compile reports and documents

• Completion of Prudential Authority returns.
• Assist in the preparation of Monthly/Quarterly/Annual or ad-hoc performance reports for Executive Management, the Board of Directors and Regulatory Agencies.
• Remain informed of changes in trends in relation to modelling data specifically pertaining to the insurance industry environment.

Reporting and Stakeholder engagement

• Prepare actuarial inputs into regulatory, financial, and risk reporting, both quantitative and qualitative.
• Contribute to monthly and quarterly actuarial risk reporting (technical provisions, capital, KPIs).
• Assist with responses to auditor and regulatory queries.
• Communicate technical results clearly to non-actuarial stakeholders.
• Build and maintain relationships throughout the business inclusive of Head of Actuarial Function, Finance, Claims, IT as well as Underwriting teams.

People and Collaboration

• Provide technical guidance and informal coaching to junior actuarial staff.
• Contribute positively to a collaborative, professional actuarial team environment.
• Take accountability for own technical development, examination progress, and professional conduct.

Click here to apply

Junior Actuarial Analyst

Closing Date
2026/05/20
Reference Number
SAS260505-1
Job Title Junior Actuarial Analyst
Job Type Permanent
Division Control Functions
Department Actuarial
EE Occupational Levels Level 4 & 5: Skilled, Technical and Academically Qualified
Location – Town / City Johannesburg
Location – Province Gauteng
Location – Country South Africa
Job Advert Summary
The Junior Actuarial Analyst supports the day to day operations of the actuarial department within Sasria. This would include the valuation of technical provisions, capital modelling for economic and regulatory purposes, stress testing and scenario analysis, assisting with reinsurance reviews and being involved in any updates to pricing basis.

Minimum Requirements
Qualifications

• Bachelor’s degree, Actuarial Science or simila

Experience

• 1 – 2 years actuarial experience in a similar position, preferably in short term insurance

Duties and Responsibilities
Capital Modelling

• Execution of regulatory and economic model runs.
• Ensure completion of risk metrics for use in reporting to Risk Committee.
• Preparation of information required by Actuary for calibration of capital models.
• Assistance with reinsurance assessment for reinsurance renewals.

Reserving / Technical Provisions

• Data extraction, transformation, load process.
• Annual Actual vs Expected Analysis.
• Annual and Quarterly reserving calculation.

Financial Reporting

• Assist with IFRS 17 reporting process, including preparation of inputs, review of assumptions and adherence to Standard requirements.

Own Risk and Solvency Assessment

• Support with ORSA process including Risk Budget and Stress and Scenario Testing.

Compile reports and documents

• Provide assistance with periodic pricing exercises.
• Assist with quarterly and annual regulatory reporting.
• Assist with experience investigations.

Click here to apply

Organisational Effectiveness Specialist

Closing Date
2026/05/18
Reference Number
SAS260504-1
Job Title Organisational Effectiveness Specialist
Job Type Permanent
Division People Management
Department Centre of Excellence
EE Occupational Levels Level 6: Specialists
Location – Town / City Johannesburg
Location – Province Gauteng
Location – Country South Africa
Job Advert Summary
The Organisational Effectiveness Specialist leverages Organisational Development (OD) and Change Management expertise to design, lead and implement initiatives that strengthens organisational performance. The role is responsible for developing and executing OD and change strategies that enable successful adoption and sustained use of new processes, systems, and ways of working. A key objective is to maximise the value and impact of organisational change while minimising employee resistance and disruption to business performance.

In addition, the Specialist supports the delivery of approved organisational effectiveness interventions by conducting organisational assessments, analysing qualitative and quantitative data, and providing evidence-based insights and recommendations to improve structures, processes, systems, and workforce capabilities. This role plays a critical part in enabling a resilient, adaptive, and high performing organisation.

Minimum Requirements
Qualifications

• Bachelor’s Degree in Human Resources, Industrial Psychology, Business Management or similar Bachelor’s degree
• Change Management Certification is an added advantage in Prosci or similar

Experience

5 years’ experience in Organisational Development and Change Management at Parctitioner/ Specialist level

Duties and Responsibilities
Change Management

• Apply a structured change management methodology (Prosci) to lead and support change initiatives across the organisation.
• Implement change management principles and best practices to maximise stakeholder adoption and minimise resistance to change.
• Conduct change impact assessments and readiness analyses and identify key stakeholders for assigned projects.
• Support the execution of stakeholder engagement strategies, including communication, training, and coaching programs.
• Collaborate with stakeholders to identify potential resistance points and performance gaps and develop appropriate mitigation and support plans.
• Design and deliver comprehensive change management strategies and actionable deliverables for the five Prosci change levers:
• Communication Plan
• Sponsor Roadmap
• Coaching Plan
• Training Plan
• Resistance Management Plan
• Ensure integration of change management activities into overall project plans and timelines, working closely with project managers and business leads.
• Define and evaluate success measures, track change progress, and manage the change portfolio load.

Organisational Development

• Support the design, implementation, and analysis of climate surveys and organisational culture initiatives, including the development of
  actionable improvement plans.
• Develop and deliver project-related communications to enhance awareness, transparency, and stakeholder engagement.
• Coordinate and facilitate team effectiveness interventions to strengthen collaboration, trust, and performance.
• Partner with the Human Capital Business Partner team to plan and execute employee appreciation events and EVP (Employee Value Proposition) activities, reinforcing culture alignment, and enhancing the employer brand.
• Contribute to the planning and rollout of employee engagement initiatives that:
• Promote cross-functional collaboration and interdepartmental teamwork
• Encourage a culture of recognition and reward, led by both leaders and peers
• Improve the overall employee experience
• Apply data analytics and insights to evaluate the impact of organisational development interventions on employee performance, morale, and satisfaction.
• Recommend cost-effective, practical solutions to address challenges identified within the Human Capital function and broader
  organisational development efforts.

Policies and procedures

• Coordinate the compilation of compliance reports.
• Conduct desk research as requested from time to time.
• Provide input to operational reports.
• Review, socialise, implement and maintain requisite methodologies, procedures and processes.

Ad hoc duties

• Perform any reasonable task as and when required by the line manager.
• Make an effort to ensure such other responsibilities as directed by line management that will drive achievement of departmental objectives and sustainability are carried out.
• Take responsibility for one’s own performance.

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We wish you all the best with your applications