Data Science Lead Centurion

Snr Analyst : Corp Actuarial Data Science

Division : Investment Management

Reference No : 5930

Location : Centurion, Gauteng, ZA

Employment Type : Permanent

Disability (EE targeted role) : No

T.A.S.K Grade : 14

Job Posting Salary : R

Job Posting End Date : 12 Sep 2025

The Road Accident Fund's mission is to provide appropriate cover to all road users within the borders of South Africa; to rehabilitate and compensate persons injured as a result of motor vehicle accidents in a timely and caring manner; and to actively promote safe use of our roads.

Purpose of the Job

Reporting to Manager : Actuarial Predictive Analytics and Modeling, the responsible for the coordination, preparation and performance of actuarial analysis as required by the RAF.

Key Performance Areas

• Actuarial Analysis : Guide the annual development of the Revenue Requirement Model (RRM) with various funding and / or operational scenarios which will be the basis of discussion with National Treasury regarding the funding requirements and for inclusion in the Strategic Plan and Annual Performance Plan.
• Actuarial Analysis : Guide the valuation of assumptions performed by Actuaries and that the statutory actuary performs quarterly valuation on all claims.
• Actuarial Analysis : Guide the performing of an independent valuation on outstanding claims also on a monthly and quarterly basis.
• Actuarial Analysis : Design and execute test plans for data extracts, data transformation and asset and liability management models.
• Actuarial Analysis : Analyse a wide range of interest rate risk analysis.
• Actuarial Analysis : Gather and analyse data used in the development of programs and / or models that evaluate the organisation`s asset or liability strategy.
• Actuarial Analysis : Develop actuarial analysis "payout" models that will redesign compensation packages.
• Actuarial Analysis : Design, implement, review and audit of quantitative models for the calculation of Fund's liabilities and capital requirements.
• Actuarial Analysis : Review data visualizations and outputs.
• Predictive Analytics and Modelling : Collect, analyse and interpret large data sets to provide insights and data-driven solutions to business challenges.
• Predictive Analytics and Modelling : Implement and monitor predictive analytics solutions to improve fraud monitoring detection models and customer experience.
• Predictive Analytics and Modelling : Implement scalable, automated processes for large scale data analyses and model development, validation, and implementation.
• Predictive Analytics and Modelling : Implement processes of gaining a business understanding, data cleansing and feature engineering, business modelling and simulation, hypothesis generation and testing, machine learning model training, testing and refinement and deployment and monitoring of predicted outcomes.
• Reporting : Contribute to the preparation and submission of reports; aid in development of functional reporting systems; report regularly to inform management decisions.
• Stakeholder Management : Build proactive and progressive relationships with key stakeholders; handle inquiries and requests for information from internal and external stakeholders.
• People Management : Ensure good employee relations and provide ongoing operational support to employees.

Qualifications And Experience

NB : "RAF offers Total Employment Cost packages with no additional contributions from the Employer, successful candidates are required to structure their packages in a manner that will suit their needs".

The Road Accident Fund subscribes to the principles of employment equity and preference will be given to People with Disabilities.

Applicants who have not received any correspondence from us within six weeks from the closing date can consider themselves unsuccessful.

Security Vetting shall be conducted on all prospective employees.

It is the applicants' responsibility to have foreign qualification evaluated by the South African Qualification Authority (SAQA) and to provide proof of such evaluation.

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