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Job Overview
Are you a Product Development Actuary looking for your next big break? Old Mutual is hiring in Gauteng. Salary: R 29 500 – R 35 603 p/m.
| Company | Old Mutual |
|---|---|
| Position | Product Development Actuary |
| Available Posts | 3 |
| Location | Gauteng |
| Level | Senior |
| Experience Required | 5 years |
| Salary Range | R 29 500 – R 35 603 p/m |
| Closing Date | 15 Apr 2026 (20 days left) |
About Old Mutual
Old Mutual Limited is a pan-African investment, savings, insurance, and banking group.
About the Position
This is an exciting opportunity for a Product Development Actuary to join Old Mutual's dynamic team. Insurance Underwriter and similar professionals are invited to apply. The role is based in Gauteng and is open to candidates with a minimum of 5 year(s) of relevant experience.
The successful candidate will be expected to work collaboratively within a multidisciplinary team and contribute to the organisation's strategic goals. Old Mutual offers a professional working environment, competitive benefits, and opportunities for career advancement.
Eligibility Criteria
Applicants must meet the following minimum eligibility requirements to be considered for this position.
- Knowledge of relevant legislation and regulations
- Ability to influence and negotiate effectively
- Strong stakeholder management skills
- Valid professional registration (where applicable)
- Valid driver's licence (Code 8 or higher)
Required Documents
Ensure you have all required supporting documents ready before applying.
- Updated CV (maximum 3-5 pages)
- Certified copies of all relevant qualifications
- Certified copy of ID document or passport
- Cover letter or motivation letter
- Certified copy of Matric certificate
Key Responsibilities
Key responsibilities include:
- Advise clients on suitable financial solutions
- Manage client relationships and retention
- Maintain accurate policy and claims records
- Process and settle insurance claims efficiently
- Prepare actuarial valuations and reports
Required Skills
The ideal candidate should possess the following skills and competencies:
- Actuarial modelling
- Policy administration
- Client advisory
- FAIS accreditation
- Excel & data analysis
Ready to Apply?
Applications must be submitted online via the company's career website before the closing date indicated. Email applications will not be accepted. Please note that only shortlisted candidates will be contacted, and the company reserves the right not to make an appointment.
Old Mutual
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