Now hiring

Actuary (Sandton - 1 Discovery Place, GP, ZA, 2196) @ Discovery

Sandton - 1 Discovery Place, GP, ZA, 2196OnsiteFull-time
Apply with ResuMinder

Opens on the employer's site

About this role

<p><img id="photoDetail" src="https://www.discovery.co.za/gallery/template-resources/banners/general/smartpeople-recruit.jpg" style="width:1250.0px;height:301.0px"></p> <p style="margin:0.0in;font-size:24.0pt;font-family:'Open Sans Light', sans-serif;color:#004b8d"><span style="font-size:20.0pt;font-family:Aptos, sans-serif">Discovery – Discovery Green</span></p> <p style="margin:0.0in;font-size:24.0pt;font-family:'Open Sans Light', sans-serif;color:#004b8d"> </p> <p style="margin:0.0in;font-size:24.0pt;font-family:'Open Sans Light', sans-serif;color:#004b8d"><span style="font-size:20.0pt;font-family:Aptos, sans-serif">Actuary</span></p> <p style="margin:0.0in;font-size:12.0pt;font-family:Calibri, sans-serif;color:black"> </p> <p style="margin:0.0in;font-size:24.0pt;font-family:'Open Sans Light', sans-serif;color:#004b8d"><strong><span style="font-size:11.0pt;font-family:Aptos, sans-serif">About Discovery </span></strong></p> <p style="line-height:normal;margin:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><span style="font-size:11.0pt;font-family:Aptos, sans-serif;color:#6d6e71">Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.</span></p> <p style="margin:0.0in;line-height:120%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"> </p> <p style="margin:0.0in;font-size:24.0pt;font-family:'Open Sans Light', sans-serif;color:#004b8d"><strong><span style="font-size:11.0pt;font-family:Aptos, sans-serif">About Discovery Green</span></strong></p> <p style="line-height:107%;margin:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><span style="font-size:11.0pt;line-height:107%;font-family:Aptos, sans-serif;color:#6d6e71">Discovery Green is Discovery Limited’s renewable-energy platform, combining world-class actuarial thinking with advanced energy-market modelling to accelerate South Africa’s clean-energy transition.</span></p> <p style="line-height:107%;margin:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><span style="font-size:11.0pt;line-height:107%;font-family:Aptos, sans-serif;color:#6d6e71">We partner with independent power producers to supply green electricity via the national grid through innovative wheeling structures, enabling businesses to decarbonise while reducing cost and volatility risk.</span></p> <p style="line-height:107%;margin:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><span style="font-size:11.0pt;line-height:107%;font-family:Aptos, sans-serif;color:#6d6e71">The company is scaling rapidly, with over R15 billion in contracted investment across utility-scale solar and wind projects, and has recently signed landmark 20-year agreements for among the largest renewable projects in the country.</span></p> <p style="line-height:107%;margin:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><span style="font-size:11.0pt;line-height:107%;font-family:Aptos, sans-serif;color:#6d6e71">Discovery Green sits at the intersection of finance, energy and data science, and offers a unique environment for actuaries who want to apply analytical skills to real-world challenges.</span></p> <p style="line-height:107%;margin:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"> </p> <p style="margin:0.0in;font-size:24.0pt;font-family:'Open Sans Light', sans-serif;color:#004b8d"><strong><span style="font-size:11.0pt;font-family:Aptos, sans-serif">About the role</span></strong></p> <p style="line-height:107%;margin:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><span style="font-size:11.0pt;line-height:107%;font-family:Aptos, sans-serif;color:#6d6e71">We are looking for an exceptional Actuarial Analyst or Actuary: analytical, agile, and energised by solving complex problems that evolve week to week.</span></p> <p style="line-height:107%;margin:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><span style="font-size:11.0pt;line-height:107%;font-family:Aptos, sans-serif;color:#6d6e71">This role is ideal for an actuarial professional early in their career with an entrepreneurial spirit who wants exposure to the frontier of renewable-energy finance, pricing, and risk management.</span></p> <p style="line-height:107%;margin:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><span style="font-size:11.0pt;line-height:107%;font-family:Aptos, sans-serif;color:#6d6e71">The role combines technical modelling, deep analytical work, and direct client engagement, including presenting to senior executives across a range of South African corporates in different industries. You will work closely with Discovery Green’s executive leadership and Head of Pricing to design, price, and refine innovative renewable energy products.</span></p> <p style="margin:0.0in;font-size:24.0pt;font-family:'Open Sans Light', sans-serif;color:#004b8d"><strong><span style="font-size:11.0pt;font-family:Aptos, sans-serif">Key Outputs / Job Responsibilities may include but are not limited to:</span></strong></p> <p style="margin:0.0in;line-height:120%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><strong><span style="font-size:11.0pt;line-height:120%;font-family:Aptos, sans-serif">Client &amp; Stakeholder Interaction</span></strong></p> <ul style="margin-bottom:0.0in;margin-top:0.0px"> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:120%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><span style="font-size:11.0pt;line-height:120%;font-family:Aptos, sans-serif">Prepare and deliver client presentations, proposals, and analytical insights. Translate technical modelling outputs into clear, commercially relevant narratives for clients, management, and partners.</span></li> </ul> <p style="margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;margin-left:0.0px;line-height:120%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"> </p> <p style="margin:0.0in;line-height:120%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><strong><span style="font-size:11.0pt;line-height:120%;font-family:Aptos, sans-serif">Product Design &amp; Pricing</span></strong></p> <ul style="margin-bottom:0.0in;margin-top:0.0px"> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:120%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><span style="font-size:11.0pt;line-height:120%;font-family:Aptos, sans-serif">Support the development and refinement of pricing frameworks for renewable energy products and corporate wheeling agreements. Contribute to new product development by analysing cost structures, volatility, and risk profiles.</span></li> </ul> <p style="margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;margin-left:0.0px;line-height:120%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"> </p> <p style="margin:0.0in;line-height:120%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><strong><span style="font-size:11.0pt;line-height:120%;font-family:Aptos, sans-serif">Energy &amp; Weather Modelling</span></strong></p> <ul style="margin-bottom:0.0in;margin-top:0.0px"> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:120%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><span style="font-size:11.0pt;line-height:120%;font-family:Aptos, sans-serif">Support the development and maintenance of models to simulate price evolution, weather variability, and generation across solar and wind assets. Assist in long-term scenario modelling and stress testing of energy production and consumption profiles.</span></li> </ul> <p style="margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;margin-left:0.0px;line-height:120%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"> </p> <p style="margin:0.0in;line-height:120%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><strong><span style="font-size:11.0pt;line-height:120%;font-family:Aptos, sans-serif">Risk &amp; Performance Analysis</span></strong></p> <ul style="margin-bottom:0.0in;margin-top:0.0px"> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:120%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><span style="font-size:11.0pt;line-height:120%;font-family:Aptos, sans-serif">Support the monitoring of financial margins, curtailment exposure, and portfolio diversification benefits. Quantify and track sensitivities under varying price, demand, and regulatory conditions.</span></li> </ul> <p style="margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;margin-left:0.0px;line-height:120%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"> </p> <p style="margin:0.0in;line-height:120%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><strong><span style="font-size:11.0pt;line-height:120%;font-family:Aptos, sans-serif">Governance &amp; Reporting</span></strong></p> <ul style="margin-bottom:0.0in;margin-top:0.0px"> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:120%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><span style="font-size:11.0pt;line-height:120%;font-family:Aptos, sans-serif">Assist in preparing reports, presentations, and dashboards for internal governance, board reporting, and investor updates. Support documentation of methodologies and model assumptions for audit and validation.</span></li> </ul> <p style="margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;margin-left:0.0px;line-height:120%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"> </p> <p style="margin:0.0in;line-height:120%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><strong><span style="font-size:11.0pt;line-height:120%;font-family:Aptos, sans-serif">Research &amp; Development</span></strong></p> <ul style="margin-bottom:0.0in;margin-top:0.0px"> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:120%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><span style="font-size:11.0pt;line-height:120%;font-family:Aptos, sans-serif">Conduct research into new modelling approaches for pricing, demand, and generation forecasting. Explore emerging market mechanisms, technologies, and regulatory developments. Translate insights into practical applications for commercial strategy, pricing, and product enhancement.</span></li> </ul> <p style="margin:0.0in 0.0in 8.0pt;line-height:115%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><strong><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif;color:#002060"> </span></strong></p> <p style="margin:0.0in;font-size:24.0pt;font-family:'Open Sans Light', sans-serif;color:#004b8d"><strong><span style="font-size:11.0pt;font-family:Aptos, sans-serif">Education and Experience</span></strong></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:115%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><strong><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif;color:#6d6e71">Essential</span></strong></p> <ul style="margin-top:0.0in;margin-bottom:0.0in" type="disc"> <li style="color:#6d6e71;line-height:115%;margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif"><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif">BSc/BCom with Honours degree in Actuarial Science</span></li> <li style="color:#6d6e71;line-height:115%;margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif"><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif">3 + years’ experience in actuarial, analytical, technical marketing or quantitative modelling roles</span></li> <li style="color:#6d6e71;line-height:115%;margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif"><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif">Strong progress toward full completion or achieved full completion of actuarial exams</span></li> <li style="color:#6d6e71;line-height:115%;margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif"><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif">Strong Excel, PowerPoint, and data-presentation skills</span></li> <li style="color:#6d6e71;line-height:115%;margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif"><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif">Excellent problem-solving, analytical, and numerical reasoning ability</span></li> <li style="color:#6d6e71;line-height:115%;margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif"><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif">Adaptability and curiosity; able to operate in a fast-evolving environment</span></li> <li style="color:#6d6e71;line-height:115%;margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif"><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif">Strong communication and storytelling skills with the ability to explain technical findings to non-technical stakeholders</span></li> <li style="color:#6d6e71;line-height:115%;margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif"><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif">Ability to work independently, take initiative, and deliver high quality outputs under deadlines</span></li> </ul> <p style="margin:0.0in 0.0in 0.0in 0.5in;line-height:115%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"> </p> <p style="margin:0.0in 0.0in 8.0pt;line-height:115%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif;color:#6d6e71"> <strong>Desirable</strong></span></p> <ul style="margin-top:0.0in;margin-bottom:0.0in" type="disc"> <li style="color:#6d6e71;line-height:115%;margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif"><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif">Experience with client interaction and presentations</span></li> <li style="color:#6d6e71;line-height:115%;margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif"><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif">Experience in public speaking</span></li> <li style="color:#6d6e71;line-height:115%;margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif"><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif">Interest or experience in energy, renewables, or sustainability</span></li> <li style="color:#6d6e71;line-height:115%;margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif"><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif">Exposure to stochastic or scenario modelling </span></li> <li style="color:#6d6e71;line-height:115%;margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif"><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif">Understanding of project-finance concepts, pricing dynamics, or risk-transfer mechanisms</span></li> </ul> <p style="line-height:115%;margin:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"> </p> <p style="margin:0.0in 0.0in 8.0pt;line-height:115%;font-size:10.0pt;font-family:'Open Sans', sans-serif;color:#6d6e71"><strong><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif;color:#004b8d">What We Offer</span></strong></p> <ul style="margin-top:0.0in;margin-bottom:0.0in" type="disc"> <li style="color:#6d6e71;line-height:115%;margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif"><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif">Opportunity to join a pioneering energy business backed by Discovery Limited</span></li> <li style="color:#6d6e71;line-height:115%;margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif"><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif">Direct involvement in multi-billion-rand renewable-energy projects and client engagements</span></li> <li style="color:#6d6e71;line-height:115%;margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif"><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif">High exposure to senior leadership, investors, and clients, steep learning curve</span></li> <li style="color:#6d6e71;line-height:115%;margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif"><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif">A dynamic, entrepreneurial culture where your ideas can shape the future of South Africa’s energy landscape</span></li> <li style="color:#6d6e71;line-height:115%;margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif"><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif">Market-competitive remuneration with a special performance-linked incentive scheme</span></li> <li style="color:#6d6e71;line-height:115%;margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:'Open Sans', sans-serif"><span style="font-size:11.0pt;line-height:115%;font-family:Aptos, sans-serif">Strong career-growth trajectory as Discovery Green scales its national renewable-energy portfolio </span></li> </ul><p>EMPLOYMENT EQUITY <br> <br> The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.</p>

Ready to apply?

Install the ResuMinder extension and we'll auto-fill the application in seconds — no rewriting.

See how your CV scores