RAF Vacancies

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

Analyst: Corporate Actuarial

Division:  Investment Management

Reference No:  6284

Location:  

Centurion, Gauteng, ZA

Employment Type:  Permanent

Disability (EE targeted role):  No

T.A.S.K Grade:  12

Job Posting Salary:  R579,259.00

Job Posting End Date:  31 Mar 2026

The Road Accident Fund’s mission is to provide appropriate cover to all road users within the borders of South Africa; to rehabilitate and compensate persons injured as a result of motor vehicle accidents in a timely and caring manner; and to actively promote safe use of our roads.

Purpose of the Job: Reporting to the Senior Analyst: Corporate Actuarial, the Analyst: Corporate Actuarial is responsible to support the Manager to manage and provide actuarial service advice to the RAF business.

Key Performance Areas

Valuation of outstanding claims provisions.

• Assist in valuation of outstanding claims provisions.
• Assist with producing the valuation report.

Development and management of Funding Model

• Assist development and management of Funding Model.
• Data manipulation to state of quotation of loss of earnings or loss of support benefits – especially the model input.
• Running model and reporting on results

Accident data management and forecasting

• Assist in accident data capturing, analysis and reporting from different sources.
• Assist in developing models to forecast the number of accidents.
• Assist in producing the accident forecasting report.

Loss of income calculations

• Assisting with calculations and checking the quotation results actuarially for reasonability

Assist with monthly claims statistics for regions and management

• Extracting data and data reports from IT claim system(s).
• Assist with report compilations as and when required
• Ad hoc reinsurance and actuarial work
• Monthly statistics for reporting
• Assist with report compilations as and when required

Assist with Actuarial reports to FSB

• Assist with FSB Actuarial reports.
• Assist management with calculations.

Actuarial investigations

• Assist with investigating the mortality and morbidity experience to help in setting the quotation of loss of earnings and loss of support benefits, statistical and regression analysis.
• Calculate reinsurance recoveries based on treaty terms

Reporting

• Aid in the maintenance of functional reporting systems, for management, project or performance reporting.
• Ensure regular and periodic reports are sent to the Senior Analyst for review and submitted as and when required to provide progress updates and/or inform management decisions.
• Maintenance and storage of proposals, briefings, presentations, reports, and other documentation and providing management information both verbally and in report format.

Stakeholder management

• Assist Assist with maintaining proactive and progressive relationships with key stakeholders.
• Assist with inquiries and requests for information from both internal and external stakeholders.
  Effective stakeholder management.
• Aid in the maintenance of relationships with vendors, service providers or procurement teams and ensure that all relevant procured items are invoiced and paid on time.
• Assist with presentation of data findings in an easy-to-read and understood format.

Continuous improvement & innovation

• Research industry best practice/innovations and identify where technology can be utilised in systems and processes.
• Understand job specific tasks and their requirements.
• Share ideas to improve the way of working.
• Contribute to creative sessions and offer ideas to the team.
• Participate in initiatives to improve service delivery.

Qualifications and Experience

• Bachelor’s Degree/Advanced Diploma in Actuarial Science/ Mathematics/ Investment Management/ Risk Management related qualification.
• Relevant 4 years’ experience in an Actuarial environment.

Technical, Managerial, and behavioral competencies required

•  Planning, Organising and Coordinating
• Personal Mastery
• Judgement and Decision Making
• Ethics and Values
• Client Service Orientation
• Excellent verbal and written communication skills.
• Strong Microsoft Excel, Access and MS Word skills.
• Complex problem identification, solving and decision making.
• Sound actuarial judgment.
• Strong technical background in reserving/valuations.
• Independent and creative analysis of business results
• Excellent analytical, problem solving & data manipulation skills.

NB: “RAF offers Total Employment Cost packages with no additional contributions from the Employer, successful candidates are required to structure their packages in a manner that will suit their needs”.

The Road Accident Fund subscribes to the principles of employment equity and preference will be given to People with Disabilities.

Applicants who have not received any correspondence from us within six weeks from the closing date can consider themselves unsuccessful

Security Vetting shall be conducted on all prospective employees

It is the applicants’ responsibility to have foreign qualification evaluated by the South African Qualification Authority (SAQA) and to provide proof of such evaluation.

Click here to apply

Principal Developer: Full Stack

Division:  Strategy and Transformation

Reference No:  5819

Location:  

Centurion, Gauteng, ZA

Employment Type:  Permanent

Disability (EE targeted role):  No

T.A.S.K Grade:  14

Job Posting Salary:  R771,969.00

Job Posting End Date:  31 Mar 2026

The Road Accident Fund’s mission is to provide appropriate cover to all road users within the borders of South Africa; to rehabilitate and compensate persons injured as a result of motor vehicle accidents in a timely and caring manner; and to actively promote safe use of our roads.

Purpose of the Job: Reporting to the Manager: Digital delivery, the successful incumbent is accountable for developing new applications/ systems, enhancing and maintaining existing applications/ systems in accordance with the business requirements.

Key Performance Areas

Application Development Management

• Acceptance of requirements from analysts.
• Design the system in accordance with architectural standards.
• Develop/ enhance/ maintain programs according to the RAF standards and requirements daily.
• Keep records of all programs in application register and configuration management.
• Draw logical flow charts for every program.
• Documentation of programs and assisting in training manuals.
• Facilitate software testing and quality assurance activities.
• Fix the identified bugs/ defects as reported by the testing process.
• Ensure alignment with DevOps, CI/CD Documentation and processes.
• Design database structures in line with relational databases principles.

Integration

• Develop the interfaces (coding) as described in the development activities category.
• Build and maintain automated workflows using suitable solutions.
• Contribute to the development and deployment of native or cross-platform mobile applications.

Policy Review and Implementation

• Contribute to the development and implementation of departmental policy, procedures and processes.
• Keep up to date with effective policy and practice execution strategies.

Reporting

• Track and prepare the project status report on the progress of the implementation of reporting requirements.

Stakeholder Management

• Facilitate and manage communication with relevant internal and external stakeholders and proactively and progressively manage the relationships.
• Communicate with all levels of stakeholder contact.

Qualifications and Experience

• Bachelor’s Degree/ Advanced Diploma in IT related qualification.
• Microsoft Certified Application Developer is an added advantage.
• Certificate in ITIL is an added advantage.
• Cloud Certification is an added advantage.
• Java Certification is an added advantage.
• Certification in Power Platform development is an added advantage.
• Relevant 5 – 7 years’ experience in the entire Software Development environment.
• Experience in the development and implementation of Power Platform solutions.
• Experience with API integration (RESTful APIs).
• Experience in writing Application Integration Programs.
• Experience in Unified Modelling Language (UML).

NB: “RAF offers Total Employment Cost packages with no additional contributions from the Employer, successful candidates are required to structure their packages in a manner that will suit their needs”.

The Road Accident Fund subscribes to the principles of employment equity and preference will be given to People with Disabilities.

Applicants who have not received any correspondence from us within six weeks from the closing date can consider themselves unsuccessful

Security Vetting shall be conducted on all prospective employees

It is the applicants’ responsibility to have foreign qualification evaluated by the South African Qualification Authority (SAQA) and to provide proof of such evaluation.

Click here to apply

Specialist: Fraud Detection

Division:  3400

Reference No:  6483

Location:  

Centurion, Gauteng, ZA

Employment Type:  Permanent

Disability (EE targeted role):  Yes

T.A.S.K Grade:  15

Job Posting Salary:  R891,176.00

Job Posting End Date:  31 Mar 2026

The Road Accident Fund’s mission is to provide timely and equitable assistance to those affected by motor vehicle accidents through the provision of appropriate social benefits to ensure financial relief and recovery for qualifying individuals.

Purpose of the Job: Reporting to the Senior Manager: Cyber Forensic, the successful incumbent is responsible for developing and implementing fraud detection strategies and practices by using fraud trend insights within the fraud community to effectively and proactively detect fraud incidents.

Key Performance Areas

Fraud Detection Analysis

• Analyse incidents that lead to fraud detection.
• Analyse suspicious behaviour or patterns that might indicate suspected fraud.
• Conduct analysis and review allegations of suspected fraud.
• Conduct thorough research suspected fraud allegations to gather evidence in determing a fraud activity.

Fraud Detection Interventions and Enhancement

• Implement fraud detection systems that are equiped to dapt to new threats as they emerge.
• Drive continuous harvesting of insights from fraud loss events and build fraud intelligence to inform controls and development of new system rules and enhancements.
• Monitor the implementation and effectiveness of proposed system, control and detection enhancements to improve fraud detection.
• Ensure that required systems are available for use, suitable rules are applied, and fraud intervention processes are executed within the required timelines and compliance standards.

Conduct Regular System Audits

• Conduct assessments to identify vulnerabilities and system gaps.
• Ensure that the fraud detection system is functioning effectively.
• Detect control weaknesses and evolving fraud tactics.

Lifestyle Audit

• Data colllection: Extraction of financial documents and any other supporting documents.
• Data preparation: Transforming, converting and enriching data.

Policy Review and Implementation

• Develop, review and implement departmental policies and procedures and processes.
• Keep up to date with effective policy and practice execution strategies.
• Develop and implement the appropriate Fraud Control strategy with priorities and objectives for the forthcoming year.

Reporting

• Track and analyse potential fraud trends and performance.
• Collect data from various sources, from external threat intelligence  to be used in detailed analysis.
• Analyse data form for detailed fraud patterns.
• Conduct fraud analytics to improve the detection speed and accuracy.
• Extract and share insights and lessons learnt from root cause analysis applied in fraud cases to inform further fraud prevention improvements across a wide range of processes and systems, regulation and policies.
• Compile and communicate accurate and timely reports to track progress made and keep key stakeholders informed of fraud detection.
• Prepare detailed reports on findings and provide recommendations for preventive measures in consultation with Fraud Prevention unit.

Stakeholder Management

• Communicate to relevant stakeholders and fraud teams to alert them to potential threats that could harm RAF.
• Collaborating with other data analysts, you will help build models and rules to prevent fraud while minimising customer impact.
• Coordinate with law enforcement agencies when required.
• Active participation in and contribution to specialist practice forums to share information and insights across the business.

Qualifications and Experience

• Bachelor’s Degree/ Advanced Diploma in Information Technology/ Computer Science/ Information Management/ Data Analysis/ Data Science.
• Association/ Affiliation in one or more of the following professional bodies ACFE/ ICFP or ISACA.
• ACL Certified Data Analyst (ACDA)/ MCSE/ Certified Analytics Professional (CAP)/ Certified Data Management Professional (CDMP) or any other equivalent Data Analytics Certificate will be added advantage.
• Relevant 5 – 7 years’ experience in data analytics, auditing or banking environment inclusive of experience in analysis methodologies, process disciplines, system development lifecycle methodologies and automation and scheduling experience.
• Experience in data mining and the development of procedures automated for management reporting purposes will be an added advantage.
• Experience in the application of data analysis tools such as: MS SQL/ ACL/ Analyst Notebook/ MS Power BI/ AWS Database.

Technical and Behavioral Competencies Required

• Resilience.
• Network and alliance.
• Employee engagement.
• Ethics and values.
• Change management.
• Critical and innovative thinking
• Policy conceptualisation and formulation.
• Risk Management.
• Stakeholder development and relations.
• Reporting.
• Ability to develop data interrogation techniques and the creation of data cubes.
• Knowledge of database tools, structures and extraction tools.
• Knowledge of data integration and transformation practices.
• Knowledge of data quality practices.
• Knowledge of data mining and analysis.
• Knowledge data analysis tools such as: MS SQL/ ACL/ Analyst Notebook/ MS Power BI/ AWS Database/Tableau.
• Computer Literacy (MS Word, MS Excel, MS Outlook).

NB: “RAF offers Total Employment Cost packages with no additional contributions from the Employer, successful candidates are required to structure their packages in a manner that will suit their needs”.

The Road Accident Fund subscribes to the principles of employment equity and preference will be given to People with Disabilities.

Applicants who have not received any correspondence from us within six weeks from the closing date can consider themselves unsuccessful.

Security Vetting shall be conducted on all prospective employees.

It is the applicants’ responsibility to have foreign qualification evaluated by the South African Qualification Authority (SAQA) and to provide proof of such evaluation.

Click here to apply

Specialist: Fraud Risk Management

Division:  3400

Reference No:  6475

Location:  

Centurion, Gauteng, ZA

Employment Type:  Permanent

Disability (EE targeted role):  No

T.A.S.K Grade:  15

Job Posting Salary:  R891,176.00

Job Posting End Date:  31 Mar 2026

The Road Accident Fund’s mission is to provide timely and equitable assistance to those affected by motor vehicle accidents through the provision of appropriate social benefits to ensure financial relief and recovery for qualifying individuals.

Purpose of the Job: Reporting to the Senior Manager: Fraud Prevention and Deterrence, the successful incumbent is responsible for implementing the fraud risk management program. The incumbent will be responsible for conducting fraud risk assessments, behavioral analysis (inclusive of lifestyle audits), specialized fraud training and awareness, developing the organisation fraud risk index as well as analysing fraud trends.

Key Performance Areas

Fraud Risk Assessment

• Conduct comprehensive fraud risk assessments.
• Identify risks by analysing data, observing processes, and engaging with personnel.
• Facilitate the identification and assessment of fraud risks, ensuring that risk registers and mitigation action plans are updated and monitored for effective implementation.
• Develop fraud risk indicators.

Fraud Prevention

• Design and implement fraud prevention programs tailored to organisational needs.
• Develop clear guidelines on how to address controls deficiency.
• Develop and promote clear lines of reporting fraud.
• Conduct fraud risk training and awareness.

Behavioural Analysis

• Perform fraud control environment assessments.
• Develop employee risk profiles and key risk indicators to monitor behavioural patterns.

Policy Review and Implementation

• Develop, review and implement departmental policies and procedures and processes.
• Keep up to date with effective policy and practice execution strategies.
• Conduct gap analysis reviews to identify areas for improvement.

Reporting

• Analyse historical fraud data for patterns and trends.
• Prepare and submit regular and periodic reports to provide progress updates and/or inform decisions.
• Develop functional reporting systems for management, project, or performance reporting.
• Prepare reports for EXCO, RGAL and the Board.

Stakeholder Management

• Collaborate with assurance providers to identify and report on fraud risks.
• Facilitate and manage communication with relevant internal and external stakeholders and proactively and progressively manage the relationships.
• Communicate with all levels of stakeholder contact.

Qualifications and Experience

• Bachelor’s Degree/ Advanced Diploma in Commerce (BCom Accounting/ Internal Audit/ Financial Management/ Risk Management/ BCom Law/ Forensic Accounting/ Economics/ Information Systems), Forensic Science or LLB.
• Certified Fraud Examiner (CFE) or Forensic Practitioner (ICFP).
• Certified Risk Management Practitioner (CRM) will be an added advantage.
• Valid code EB driver’s license.
• Relevant 5 – 7 years’ experience in a Fraud Risk Management environment (specific experience in performing fraud risk assessments and implementing fraud risk management practices).
• Demonstrate experience in conducting behavioural analysis (lifestyle audits).

Technical and Behavioral Competencies Required

• Resilience.
• Network and alliance.
• Employee engagement.
• Ethics and values.
• Change management.
• Critical and innovative thinking
• Policy conceptualisation and formulation.
• Risk Management.
• Stakeholder development and relations.
• Reporting.
• Knowledge of fraud risk management methodologies and risk assessment tools with specific reference to behavioural analysis (lifestyle audits).
• Knowledge of fraud risk management (prevention, detection and response).
• Knowledge of fraud risk management strategies, policy drafting and gap analysis reviews.
• Knowledge of the Public Finance Management Act, anti-fraud, corruption laws, and regulations.
• Knowledge of fraud risk profiling and developing fraud risk key indicators.
• Proficiency in MS office and data visualization tools.

NB: “RAF offers Total Employment Cost packages with no additional contributions from the Employer, successful candidates are required to structure their packages in a manner that will suit their needs”.

The Road Accident Fund subscribes to the principles of employment equity and preference will be given to People with Disabilities.

Applicants who have not received any correspondence from us within six weeks from the closing date can consider themselves unsuccessful.

Security Vetting shall be conducted on all prospective employees.

It is the applicants’ responsibility to have foreign qualification evaluated by the South African Qualification Authority (SAQA) and to provide proof of such evaluation.

Click here to apply

Senior Manager: Cyber & Digital Security

Division:  Strategy and Transformation

Reference No:  6396

Location:  

Centurion, Gauteng, ZA

Employment Type:  Permanent

Disability (EE targeted role):  No

T.A.S.K Grade:  18

Job Posting Salary:  R1,371,054.00

Job Posting End Date:  1 Apr 2026

The Road Accident Fund’s mission is to provide timely and equitable assistance to those affected by motor vehicle accidents through the provision of appropriate social benefits to ensure financial relief and recovery for qualifying individuals.

Purpose of the Job: Reporting to the Head: Technology and Digital, the successful incumbent is accountable for establishing and defining Information Security principles across the ICT environment in line with the international and local governance frameworks and legislation in order to ensure that the Information Security policies are executed and adhered to in carrying out ICT operations.

Key Performance Areas

Cyber Security

• Set strategy for sustained implementation of cyber strategy programmes.
• Ability to lead team through design and delivery of targeted, holistic and sustainable cyber security programmes. 

Execution of ICT Security Initiatives

• Partner with ICT Senior Management to integrate all ICT security and Cyber security plans with information and reporting and remediation requirement.

Security Architecture

• Drive the implementation of Security Architectural principles and Guidelines.
• Track the performance accountability of each of the departments.

Strategy Development and Operational Planning

• Guide the development and implementation of the department strategy and plan that ensure alignment with short-term and long-term objectives.
• Develop, implement and monitor a strategic, comprehensive enterprise information security and ICT risk management programme.
• Guide implementation of the overall strategic plan for the department.
• Guide the implementation of specific key performance indicators and measures against outcomes detailed in the departmental strategic plans.
• Work in collaboration with Business Divisions and Business Units to facilitate risk assessment and risk management processes – specifically those which relate to Information Security.

Policy Review and Implementation

• Support the development and implementation of policy, procedures and processes for the business unit and ensure effective execution of policy and practices.
• Collaborate with appropriate structures to ensure effective execution of policy and practices.
• Ensure that all employees in the team know and understand the RAF Information Security policies.

People Management

• Ensure sourcing, development and retention of a high-performing team.
• Ensure the motivation, cohesiveness, and alignment of the organization’s team members.
• Manage staff in the department to ensure that they achieve their objectives in line with the strategic objectives of the RAF.

Financial Management

• Ensure that the periodic financial and strategic goals of RAF as well as the performance expectations of the various teams are achieved.
• Report and review operations financial and non-financial goals.
• Ensure sufficient internal control measures are implemented for adherence to PFMA, RAF and other relevant legislation and regulations.
• Manage, monitor and control the department expense budget.

Reporting.

• Gather and aggregate information on security compliance, monitoring and awareness areas.
• Establish, prepare and monitor financial reports on division’s operational programs:
• Identify the areas for optimizing and/or reducing expenses.
• Cost reduction via compliance simplification processes.
• Prepare periodic reports for senior management on compliance and awareness levels.
• Provide periodic risk assessment reports.

Stakeholder Management

• Maintain proactive and progressive relationships with key stakeholders.
• Engage with relevant internal stakeholders.
• Delegate inquiries and requests for information from both internal and external stakeholders.

Qualifications and Experience

• Bachelor’s Degree/ Advanced Diploma in Information Technology related qualification.
• Bachelor’s Degree/ Advanced Diploma in Information Technology or Computer Science related qualification.
• Postgraduate in Information Technology or Computer Science related qualification.
• Certification in CISSP/ CISA/ CISM/ COBIT will be an added advantage.
• PMP Certification will be an added advantage.
• Relevant 9 – 10 years’ experience in Information Security environment of which 3 years must have been on a management level in leading Information Security teams and ICT Risk management teams.

Technical and Behavioral Competencies Required

• Strategic capability.
• Business and financial acumen.
• Compliance and Governance.
• Client service orientation.
• Change management.
• Critical and innovative thinking.
• Policy conceptualization and formulation.
• Stakeholder development and management.
• Reporting.
• Knowledge of up-to-date Information Security Issues.
• Data Security Management.
• ICT Security Architecture.
• Secure Development.
• Secure Operations Management.
• Application Database and Security.
• Vulnerability Management.
• Knowledge of Project Management Skills.
• Relevant Legislation and regulation.
• Information Security Frameworks and Standards and Privacy Best Practices.
• ICT Risk and Audit Findings.
• ICT Governance Principles & tools.
• Knowledge of common Information Security Management Frameworks, such as ISO/ IEC 27001, NIST, and PCI/ DSS.

The Road Accident Fund subscribes to the principles of employment equity and preference will be given to People with Disabilities.

Applicants who have not received any correspondence from us within six weeks from the closing date can consider themselves unsuccessful.

Security Vetting shall be conducted on all prospective employees.

It is the applicants’ responsibility to have foreign qualification evaluated by the South African Qualification Authority (SAQA) and to provide proof of such evaluation.

Click here to apply

Analyst: Corporate Actuarial Data Science

Division:  Investment Management

Reference No:  6481

Location:  

Centurion, Gauteng, ZA

Employment Type:  Permanent

Disability (EE targeted role):  No

T.A.S.K Grade:  12

Job Posting Salary:  R579,259.00

Job Posting End Date:  31 Mar 2026

The Road Accident Fund’s mission is to provide timely and equitable assistance to those affected by motor vehicle accidents through the provision of appropriate social benefits to ensure financial relief and recovery for qualifying individuals.

Purpose of the Job: Reporting to the Senior Analyst: Corporate Actuarial Data Science, the incumbent is responsible for the analysis of financial risks within the fund as well as to provide support in the management of financial risks.

Key Performance Areas

Predictive Analytics and Modelling

• Participate in the development of predictive analytics solutions in order to improve fraud detection models and enhance customer experience.
• Assist team with developing, training, testing and deploying new predictive and analytical models using analytical models and algorithms.
• Gather and quality assure statistical data that is applied on predictive modelling and forecasting techniques.
• Assist with the development of scalable, efficient, and automated processes for large scale data analyses and model development, validation, and implementation.
• Maintain automated prescriptive analytics solutions that support various aspects of fraud monitoring and detection.
• Maintain existing data analytics solutions (code and/or models), to ensure that the data contributes to consistent improvements.
• Profiling data to be used to inform modelling approaches.
• Provide both technical and administrative support to the actuarial team, in producing statistical reports and analysis.

Actuarial Analysis Reporting

• Participate in the annual development of the Revenue Requirement Model (RRM) with various funding and/or operational scenarios which will be the basis of discussion with National Treasury regarding the funding requirements and for inclusion in the Strategic Plan and Annual Performance Plan.
• Support in the valuation assumptions performed by Actuaries and that the statutory actuary performs quarterly valuation on all claims.
• Perform an independent valuation on outstanding claims also on a monthly and quarterly basis.
• Perform quarterly valuation on outstanding claims.
• Perform the valuation on outstanding claims on a quarterly basis.
• Interpret acturial analysis correctly.
• Start the determination of costs, actuarial accrued liability and actuarial value of the assets for the Fund.
• Provide information and research on balance sheet management issues, like stochastic reserving, economic capital, asset liability management, and replicating portfolios.
• Contribute to the development of actuarial analysis “payout” models that will redesign compensation packages.
• Use Stochastic Modelling to determine distributions of potential future payments by the Fund.
• Draft the scope, liquidity/ balance sheet reports.
• Support the design, implementation, review and audit of quantitative models for the calculation of Fund’s liabilities and capital requirements.
• Produce easy to understand data visualizations and outputs.

Reporting

• Aid in the maintenance of functional reporting systems, for management, project or performance reporting.
• Ensure regular and periodic reports are sent to the Senior Analyst for review and submitted as and when required to provide progress updates and/or inform management decisions.

Stakeholder Management

• Assist with maintaining proactive and progressive relationships with key stakeholders.
• Assist with inquiries and requests for information from both internal and external stakeholders.
• Assist with presentation of data findings in an easy-to-read and understood format.

Continuous Improvement and Innovation

• Research industry best practice/innovations and identify where technology can be utilised in systems and processes.
• Understand job specific tasks and their requirements.
• Share ideas to improve the way of working.
• Contribute to creative sessions and offer ideas to the team.
• Participate in initiatives to improve service delivery.

Qualifications and Experience

• Bachelor’s Degree/ Advanced Diploma in Actuarial Science/ Mathematics/ Investment Management/ Risk Management related qualification.
• Relevant 4 years’ experience in an actuarial data science related environment.

Behavioural and Technical Competencies Required

• Planning, Organising and Coordinating
• Personal Mastery
• Judgement and Decision Making
• Ethics and Values
• Client Service Orientation
• External force and industry knowledge.
• Understanding of Modelling.
• Understanding of Actuarial valuations.
• Understanding of Actuarial reserving.
• Understanding of Data analysis/ actuarial analysis.
• Understanding of Actuarial investigations.
• Understanding of Statistical financial analysis.
• Understanding of Financial analysis.
• Knowledge of Forecasting and projections.

NB: “RAF offers Total Employment Cost packages with no additional contributions from the Employer, successful candidates are required to structure their packages in a manner that will suit their needs”.

The Road Accident Fund subscribes to the principles of employment equity and preference will be given to People with Disabilities.

Applicants who have not received any correspondence from us within six weeks from the closing date can consider themselves unsuccessful.

Security Vetting shall be conducted on all prospective employees.

It is the applicants’ responsibility to have foreign qualification evaluated by the South African Qualification Authority (SAQA) and to provide proof of such evaluation.

Click here to apply

Senior Officer: Acquisition Management – Quotations

Division:  Finance

Reference No:  6480

Location:  

Centurion, Gauteng, ZA

Employment Type:  Permanent

Disability (EE targeted role):  No

T.A.S.K Grade:  12

Job Posting Salary:  R579,259.00

Job Posting End Date:  31 Mar 2026

The Road Accident Fund’s mission is to provide timely and equitable assistance to those affected by motor vehicle accidents through the provision of appropriate social benefits to ensure financial relief and recovery for qualifying individuals.

Purpose of the Job: Reporting to the Manager: Acquisition Management – Quotations, the successful incumbent is responsible for seeking, finalizing and organising purchasing arrangements for RAF. In addition, the role will also be responsible for maintaining pricing, conducting competitive studies, and providing support to the manager.

Key Performance Areas

Acquisition Management

• Ensure inventory of available materials as well as potential suppliers for future purchases.
• Research and negotiate prices and terms of agreements with suppliers on behalf of RAF.
• Review bids from suppliers to ensure that they conform to specifications and are complete.
• Work with internal departments to develop budgets and plans for projects involving large capital expenditures.
• Coordinate with legal counsel to ensure that contracts adhere to all legal requirements.
• Contribute to the effective acquisition management processes.

Reporting

• Contribute to the preparation and submission of Regulation reports.
• Aid in the development of functional reporting systems, for management, project or performance reporting.
• Report regularly and periodically perform necessary submissions as and when required to provide progress updates and/or inform management decisions.

Stakeholder Management

• Aid in proactive and progressive relationships with key stakeholders.
• Deal with inquiries and requests for information from both internal and external stakeholders.
• Aid in the maintenance of relationships with vendors, service providers or procurement teams and ensure that all relevant procured items are invoiced and paid on time.

People Management

• Ensure that good employee relations are maintained.
• Provide ongoing operational support to employees.

Qualifications and Experience

• Bachelor’s Degree/ Advanced Diploma in a Supply Chain Management/ Commerce related qualification.
• Relevant 4 years’ experience in an Acquisition Management related environment specifically to quotations of which 1 year must have been on a supervisory level.
• Experience in the public sector procurement/ supply chain management within State Owned Entities (SoEs) will be an added advantage.

NB: “RAF offers Total Employment Cost packages with no additional contributions from the Employer, successful candidates are required to structure their packages in a manner that will suit their needs”.

The Road Accident Fund subscribes to the principles of employment equity and preference will be given to People with Disabilities.

Applicants who have not received any correspondence from us within six weeks from the closing date can consider themselves unsuccessful.

Security Vetting shall be conducted on all prospective employees.

It is the applicants’ responsibility to have foreign qualification evaluated by the South African Qualification Authority (SAQA) and to provide proof of such evaluation.

Click here to apply

Manager: Actuarial Analysis & Quantification (3 Year Fixed Term Contract)

Division:  Claims

Reference No:  6474

Location:  

Centurion, Gauteng, ZA

Employment Type:  Fixed Term Contract

Disability (EE targeted role):  No

T.A.S.K Grade:  16

Job Posting Salary:  R1,028,791.00

Job Posting End Date:  24 Mar 2026

The Road Accident Fund’s mission is to provide timely and equitable assistance to those affected by motor vehicle accidents through the provision of appropriate social benefits to ensure financial relief and recovery for qualifying individuals.

Purpose of the Job: Reporting to the Senior Manager: Actuarial Quantification and Claims Risk, the successful incumbent is responsible for managing the provision of actuarial support and advice to the RAF business.

Key Performance Areas

Manage the Calculation of Models for “Loss of Earning” and “Loss of Support” Benefits for Motor Vehicle Claims

• Participate in the development and assessment of models for loss of income compensation calculations and reports using appropriate techniques to ensure that the data is accurate, and model processes are effective, efficient, high quality, well documented and verifiable.
• Data manipulation to test and calibrate calculation models.
• Setting of calculation assumptions such as mortality rates, interest rates, inflation, contingencies, earnings progression, taxation etc.
• Ensure that the actuarial results are correctly interpreted and applied by internal and external users.

Research and Development on Loss of Incoe Calculation Methodologies and Models

• Research on state-of-the-art modelling and calculation techniques and methodologies.
• Implement new and state-of-art calculation techniques and methodologies.
• Participate in the review and update underlying calculation assumptions and inputs to ensure relevance and appropriateness.
• Running models and reporting on results based on updated models.
• Research on factors and statistics that are more relevant for accurate determination of loss of income compensation.

Manage the Provision of Actuarial Expert Advice

• Assist with interpretation of legal, medical and other information relevant for calculation of loss of Income compensation.
• Review on loss of Income calculations done by colleagues or other experts and external actuarial service providers.
• Review of research on loss of Income calculations and reports done by other experts and external actuarial service providers.

Accident Data Management and Forecasting

• Participate in the development of models to forecast the number of accidents and claims.
• Manage accident data capturing, analysis and reporting from different sources.

Policy Review and Implementation

• Contribute to the development and implementation of departmental policy, procedures and processes.
• Keep up to date with effective policy and practice execution strategies.

Reporting

• Extract data and reports from IT claim system(s).
• Provide results in statistical and graphical form to provide information for monthly, quarterly, half-yearly and annual management reporting.
• Develop functional reporting systems, for management, projects or performance reporting.

Actuarial Investigations

• Provide investigation support on various aspects of the loss of income calculation inputs including, distributions of income by age group, geographical location, employment sectors, etc.
• Investigate the potential impact of various assumptions underlying loss of income calculations such as discount rates, mortality and morbidity rates, contingencies, earnings progression, inflation, taxation, remarriage, inheritance and accelerated benefits, etc.
• Ensure that the actuarial investigation results are correctly interpreted and applied.

Stakeholder Management

• Facilitate and manage communication with relevant internal and external stakeholders and proactively and progressively manage the relationships.
• Manage relationships with vendors, service providers or procurement teams and ensure that all relevant procured items are invoiced and paid on Time.
• Communicate with all levels of stakeholder contact.

People Management

• Ensure the sourcing, development and retention of a high-performance team.
• Manage staff in the department to ensure that they achieve their objectives in line with the strategic objectives of the RAF.
• Manage the implementation of human capital processes and procedures to control/regulate workplace conflict and/or institute corrective measures and consultation processes to address deviations from standards.

Qualifications and Experience

• Bachelor’s Degree/ Advanced Diploma in Actuarial Science/ Mathematics related qualification.
• Qualified Associate/ Fellow Actuary of Fellow or Associate member of the Actuarial Society of South Africa (ASSA).
• Postgraduate in Actuarial Science/ Mathematics related qualification advantageous.

Experience

Fellow Member Actuary:

• Relevant 6 – 8 years’ experience in Actuarial environment of which:
• • 2 years must be on a management/supervisory level,
  • 1-year post-qualification experience as a member of ASSA.
  • 1 year experience must be relevant to damages and compensation work obtained in South African in the last 3 years.

Associate Member Actuary:

• Relevant 6 – 8 years’ experience in Actuarial environment of which:
• • 2 years must be on a management/supervisory level,.
  • 3 years post qualification experience as a member of ASSA.
  • 3 years’ experience must be relevant to damages and compensation work obtained in South African in the last 5 years.

Technical and Behavioral Competencies Required

• Resilience.
• Network and alliance.
• Employee engagement.
• Ethics and values.
• Change management.
• Critical and innovative thinking.
• Policy conceptualisation and formulation.
• Risk Management.
• Stakeholder development and relations.
• Reporting.
• Knowledge on actuarial core principles, methodologies, forecasting and models.
• Excellent Microsoft Excel, Access and MS Word skills.
• Sound actuarial judgment.
• Strong technical background in reserving/valuations.
• Independent and creative in analysing business results, develop appropriate solutions or alternatives to problems and effectively communicating related issues and results to management.
• Excellent analytical, problem solving & data manipulation skills.

Fellow Member Actuary:

• Co-signed reports with a Qualified Actuary having been considerably involved in producing and finalising such reports:
• Relevant experience and co-signed at least 5 Loss of Earnings (LOE) and 5 Loss of Support (LOS) reports.

Fellow Member Actuary:

• Co-signed reports with a Qualified Actuary having been considerably involved in producing and finalising such reports:
• Associate Member: Relevant experience and co-signed at least 10 Loss of Earnings (LOE) and 10 Loss of Support (LOS) reports.

NB: “RAF offers Total Employment Cost packages with no additional contributions from the Employer, successful candidates are required to structure their packages in a manner that will suit their needs”.

The Road Accident Fund subscribes to the principles of employment equity and preference will be given to People with Disabilities.

Applicants who have not received any correspondence from us within six weeks from the closing date can consider themselves unsuccessful.

Security Vetting shall be conducted on all prospective employees.

It is the applicants’ responsibility to have foreign qualification evaluated by the South African Qualification Authority (SAQA) and to provide proof of such evaluation.

Click here to apply

Officer: Logistics Management

Division:  Finance

Reference No:  6430

Location:  

Durban, Kwazulu-Natal, ZA

Employment Type:  Permanent

Disability (EE targeted role):  Yes

T.A.S.K Grade:  10

Job Posting Salary:  R434,656.00

Job Posting End Date:  31 Mar 2026

The Road Accident Fund’s mission is to provide timely and equitable assistance to those affected by motor vehicle accidents through the provision of appropriate social benefits to ensure financial relief and recovery for qualifying individuals.

Purpose of the Job: The Officer: Logistics Management is responsible for the maintenance of logistics operations within RAF and to implement processes of planning, implementing and controlling the efficient, cost-effective flow of materials, in process inventory, finished goods , assets and related information from the point of origin to the point of consumption for the purpose of conforming to customer (internal/external) requirements.

Key Performance Areas

Logistics Management

• Draft needs assessment plan for dealing with issues such as identifying future needs (forecasting); frequency of need; linking requirements to the division’s budget; conduct an expenditure analysis and conducting market analysis.

• Research and check to determine that goods/services to be procured have not already been provided for or transferred from another location.
• Assist in the categorization of applications received from Service Providers/Vendors, referring to regulatory mechanisms and procedural guidelines to differentiate and/or allocate applications.
• Assess value for money in terms of quotations received.
• Ensure that the department correctly apply principles of PFMA and Treasury regulations with acquisitions.
• Identify the ideal source of procurement and the best suited service providers to deliver on the requirements.
• Implement logistics management processes and procedures.

Fleet Management

• Assist in the identification and purchasing vehicles for deliveries and service.
• Contribute to the maintenance of detailed records of vehicle servicing and inspection.
• Participate in the booking of servicing and maintenance when required to minimize downtime and maintain schedules.

Disposal Management

• Receive the list of approved items for disposal from Asset Management.
• Arrange for the Service Provider to view the disposal Assets.
• Participate and monitor the physical collection of asset items by Security officials.
• Compile Asset Disposal reconciliation reports after execution of the approved disposal method and submit to senior for verification.

Reporting

• Assist in the preparation and submission of regulation reports.
• Contribute to the development of function reporting systems for management, project or performance reporting.

Stakeholder Management

• Assist with inquiries and requests for information from both internal and external stakeholders.
• Contribute to the maintenance of relationships with vendors, service providers or procurement teams and ensure that all relevant procured items are invoiced and paid on time.

Qualifications

• Bachelor’s Degree/Advanced Diploma in Logistics Management / Supply Chain Management/ Finance related qualification.

Experience

• Relevant 3 years’ experience in a Logistics Management related environment.
• Experience in the Administration of Asset Disposal.
• Experience in procurement/ supply chain management within SoEs will be an added advantage.

Behavioral Competencies

• Planning, Organising and Coordinating
• Personal Mastery
• Judgement and Decision Making
• Ethics and Values
• Client Service Orientation

Technical Competencies

• Understand the asset depreciation process
• Asset lifecycle management
• Compliance and governance
• Logistics management
• Analytical skills
• Research skills
• Records management
• Understanding of asset disposal management processes and procedures
• Understand the buying and bargaining power.

NB: “RAF offers Total Employment Cost packages with no additional contributions from the Employer, successful candidates are required to structure their packages in a manner that will suit their needs”.

The Road Accident Fund subscribes to the principles of employment equity and preference will be given to People with Disabilities.

Applicants who have not received any correspondence from us within six weeks from the closing date can consider themselves unsuccessful.

Security Vetting shall be conducted on all prospective employees.

It is the applicants’ responsibility to have foreign qualification evaluated by the South African Qualification Authority (SAQA) and to provide proof of such evaluation.

Click here to apply

We wish you all the best with your applications