Graduate Programme: Actuarial Analysis and Quantification at Road Accident Fund

Developmental outcomes and deliverables for the respective programme will include, but not be limited to the below:

• Motor Vehicle Accident Claims Processes and Procedures.
• Actuarial Quantum of Damages in terms of Loss of Income and Loss of Support.
• Professional Actuarial Report Writing.
• Actuarial Data Management and Investigations.
• Actuarial Forecasting Model Development.
• Actuarial Liability Valuations.
• Revenue Forecasting Models.
• Analytical Root Cause Analysis.

Qualifications and Other Requirements:

• A certified copy of your Grade 12 or NQF 4 level certificate.
• A certified copy of your Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, Data Science related qualification or academic transcript.
• Applicants in their final year of study must submit their latest semester academic results available at the time of their application. 
• Certified copy of your ID.
• Your CV and motivational letter.

Behavioural and Technical Competencies Required:

The successful candidate will be required to display the following competencies in this role:

• Planning, Organising and Coordinating.
• Personal Mastery.
• Judgement and Decision Making.
• Ethics and Values.
• Client Service Orientation.
• Resilience.
• Written and verbal communication skills.
• Attention to detail and analytical skills.
• Basic computer literacy in MS Office.

Role and Duties:

• Complete all Actuarial Analysis and Quantification modules of the development programme within the specified time frame.
• Adhere to organisational policies, standards, and procedures.
• Capture and report information as required.
• Report and communicate ideas and recommendations effectively.
• Foster effective team relationships and provide support to colleagues as needed.
• Build and maintain partnerships and relationships with stakeholders within the business and communities.
• Engage with relevant stakeholders to gain necessary business and community context.