The role provides support the Actuarial Analyst in delivering actuarial services and business insights that contribute to the achievement of the Hollard strategy.
Job Summary
- Type: full-time
- Location: Gaborone
- Category: Insurance
- Closing Date: 2026-07-24
Key Responsibilities
- Assist with actuarial valuations, reserving activities, and monthly business monitoring to support business performance reporting.
- Analyse insurance portfolio performance, investigate variances, and provide insights against business plans and projections.
- Support actuarial modelling, product pricing, and product development initiatives.
- Assist with the preparation of annual budgets, forecasts, and financial projections.
- Compile, validate, and maintain policy, claims, and financial data used in actuarial analyses and reporting.
- Prepare actuarial reports, management information, and regulatory submissions as required,
- Conduct actuarial, statistical, and business analyses to support decision-making and risk management.
- Support experience investigations, assumption reviews, and profitability assessments.
- Contribute to actuarial projects, process improvements, and automation initiatives to enhance efficiency and service delivery.
- Maintain accurate documentation of actuarial models, methodologies, and working papers.
Requirements
- Undergraduate degree in Actuarial Science or related disciplines such as Risk Management, Mathematics, Statistics or Finance with strong mathematics background.
- Minimum 3 years relevant experience in Actuarial Valuation, Modelling (Actuarial Software experience) ar Market Analysis
- Good analytical and problem-solving skills.
- Good communication skills.
How to Apply
Apply by email: vacancies@hollard.co.bw
About the Company
Hollard Botswana is a significant player in the country's financial services sector, specializing in comprehensive insurance solutions. Operating across Botswana, the company provides both short-term and long-term insurance products designed for individuals, businesses, and large corporations. As a subsidiary of the broader Hollard Insurance Group, it leverages international expertise while maintaining a strong focus on local market needs and challenges. Hollard Botswana is committed to offering security and peace of mind, contributing to the financial well-being and stability of Batswana through its diverse product offerings and community engagement initiatives. Its presence helps bolster the local economy and provides vital risk management services across the nation.
Hollard, Future Assured.
Frequently Asked Questions
What qualifications and certifications are typically required for an Actuarial Assistant role in Botswana?
Candidates generally need a Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field. Progress with actuarial professional exams from bodies like ASSA or IFoA is highly advantageous and often a key expectation for career development.
What are the common day-to-day responsibilities for an Actuarial Assistant in a valuation role within an insurance company in Botswana?
Daily tasks involve collecting, validating, and manipulating data for actuarial valuation models, alongside preparing various solvency and reserving reports. Assistants also support senior actuaries with experience investigations, regulatory submissions, and ad-hoc analytical projects.
What can an Actuarial Assistant expect regarding the local work culture and expectations in Botswana's insurance sector?
The work culture in Botswana's insurance industry typically emphasizes professionalism, meticulous attention to detail, and adherence to regulatory frameworks. Employers value continuous learning and a collaborative approach, encouraging development within actuarial standards.
What are the realistic career progression and growth paths for an Actuarial Assistant in Botswana?
A common progression path involves moving to an Actuarial Analyst, then Senior Actuarial Analyst, and ultimately becoming a qualified Actuary with sufficient exam passes. Opportunities for growth may also extend into risk management, product development, or wider financial services roles within the local market.
What typical benefits package can an Actuarial Assistant expect from an insurance employer in Botswana?
Standard benefits generally include medical aid contributions, a pension scheme, and annual leave allowances, consistent with industry practices in Botswana. Many employers also provide study leave and financial support for actuarial examinations to foster professional development.