Liberty: Actuarial Graduate 2024

Liberty: Actuarial Graduate 2024

Apply Liberty: Actuarial Graduate 2024 Opportunities

Liberty: Actuarial Graduate 2024 Applications for Liberty’s Actuarial Graduate Intake for 2025 are now open! Over the past six years Liberty; the  Insurance and Asset Management Business Unit of the Standard Bank Group, has recruited about 120 Actuarial Graduates that have been successfully integrated across our Group. Actuarial Talent is a core skill to the Liberty business and thus multiple positions within our Exco are held by Actuaries. We invite you to join our next cohort of exceptional young actuaries; looking to make your own dent on the universe.

  • Date: 24 May 2024
  • Location: GT, ZA

Minimum Experience

0 – 1 year experience in a similar environment

Minimum Qualifications

Actuarial Science Graduate studying towards Honours in Actuarial Science in 2024



  • Apply relevant research methodologies, tools and techniques to effectively and purposefully gather information.
  • Provide specialist advice and support in area of accountability to ensure that identified solutions and recommendations are appropriate and effective.
  • Perform required actuarial and other analyses for management reporting, and make recommendations to support these analyses.
  • Stay abreast with latest actuarial development tools and techniques in order to conduct analysis in an informed manner.
  • Accountable for the execution of specialised work including the improvement of quality, standards and outputs within defined work routines and operating procedures.

SEE ALSO: Standard Bank May 2024 Learnership Opportunities

  • Proactively solves problems, determines root-cause and applies solutions in line with guidelines and providing the necessary information to solve problems related to area of specialisation.
  • Plan for own task execution and advises on improvements related to area of specialisation.
  • Completes actuarial tasks that are relatively granular with detailed output requirements defined
  • Performs data checking and validation work
  • Applies analytical tools and techniques, including model building, to solve actuarial problems
  • Adheres to spreadsheet standards and maintains audit trails.
  • Builds a basic understanding of general actuarial insurance knowledge, e.g. statutory reserving and capital requirements, IFRS reporting, product pricing etc.
  • Builds a basic understanding of company specific knowledge, e.g. product knowledge, company structure, business rules, policies, processes etc.


  • Ensure own understanding and adherence to customer service delivery and Treating the Customer Fairly (TCF) principles to provide specialist support and guidance.


  • Adhere to specified standards, policies and procedures to prevent potential losses/wastage related to the area of specialisation.

Learning and Growth

  • Interact proactively with others for the purpose of continuous knowledge sharing; and integration of own new knowledge.
  • Contribute positively to own area-specific knowledge improvement associated with area of specialisation.
  • Continuously assess own performance, seek timely and clear feedback and request training where appropriate.


  • Comply to set governance and compliance procedures and processes related to an area of work and continuously identify, rectify and escalate risks where necessary.
  • Adheres to Actuarial Guidance Notes and any other applicable regulations.


Technical Competencies

  • Research and Information Gathering (Basic)
  • Quantitative Skills (Intermediate)
  • Modelling (Basic)
  • Statistical and Mathematical Analysis (Intermediate)

Behavioural Competencies

  • Professional/Technical learning (Basic)
  • Organisation and Attention to Detail (Basic)
  • Interpersonal Effectiveness (Basic)
  • Problem Solving and Analysis (Basic)
  • Teamwork and Cooperation (Basic)
  • Relationship Management and Networking (Intermediate)
  • Customer Orientation (Basic)

SEE ALSO: SAMRC: Research Internships 2024

How to Apply?

Click Here to Apply

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