Job Description

Purpose of the Job:

To provide actuarial support in analysing returns submitted in terms of the Pension Funds Act, 1956.

Key Performance Areas:

Reviewing and analysing the following, and where necessary, make recommendations:

Extension applications

Valuation exemption applications

Statutory actuarial valuation reports

Surplus applications

Stakeholder complaints

15E, 15J and 15K applications

Providing support to other Departments within the FSCA, in particular the Pensions Division; and

Involvement in ad hocprojects

Other Key Competencies:

The candidate must demonstrate the following skills and attributes: Computer literacy and excellent communication skills; Problem solving skills and ability to perform under pressure without compromising quality; and ability to work in a team.



FSCA is committed towards increasing the representation of marginalised groups in line with its Employment Equity Plan. Persons with disabilities are encouraged to apply.



Please note that correspondence and communication will only be conducted with short listed candidates and that the FSB reserves the right not to appoint if a suitable candidate is not identified.




The incumbent must hold a Bachelor's Degree in Actuarial Science, currently pursuing studies and has ideally passed, or been exempted from at least six of the A-series subjects of the Actuarial Society of South Africa. Credit will also be given for passes in any of the more advanced subjects. The candidate must have at least 2 to 4 years working experience. Experience in the insurance product development and/or data analysis would be an advantage.

Closing Date: 25 April 2025