Tuesday , January 31 2023


Website Road Accident Fund

Job Description:

Reporting to the Senior Manager: Actuarial Claims Administration, the successful incumbent will be responsible to manage the provision of actuarial support and advice to RAF business.

Job Responsibilities:

  • Extract data from IT claim system(s).
  • Ensure that the actuarial results are correctly interpreted and applied by internal and external users.
  • 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.
  • Provide results in statistical and graphical form to provide credible monthly, quarterly, half-yearly and annual management reporting.

Job Requirements:

  • Bachelor’s Degree or Advanced Diploma @ NQF Level 7 related qualification in Actuarial Science/ Mathematics.
  • Post graduate Diploma/ Honours Degree/ Professional Qualification Degree @ NQF Level 8 will be advantageous.
  • Qualified Associate/ Fellow Actuary of (ASSA/ IFoA/ SoA/ CAS) or any other internationally recognized Actuarial Board.
  • Relevant 6 – 8 years’ experience in an Actuarial environment with experience on a manager/ supervisor level.

Job Details:

Company: Road Accident Fund

Job Category: Government

Vacancy Type: Full Time

Job Location: Mahikeng, North West, SA

Application Deadline: N/A

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