Apply – Discovery – Insure Actuarial Internship


About Discovery Insure

Discovery Insure is committed to creating a nation of great drivers and building better businesses through our innovative Shared-value Insurance model. Discovery Insure is South Africa’s fastest growing short-term insurance company with comprehensive products that provide protection against current and emerging risks facing clients in the motor, home and business insurance sectors.

Vitality Drive, an internationally recognised and award-winning programme, is a key differentiator in the market that incentivises and rewards clients for driving well. The Vitality Drive programme has been scaled to local and international markets which now include Europe and the Middle East.

The company employs over 1 000 people who are committed to putting our customers and financial advisers first by providing unique and innovative solutions and cover.

Key Purpose

The focus of the role will be to assist with claims reserving, experience monitoring as well as various regulatory capital submissions and ad-hoc investigations and projects. The role involves exposure to a wide range of areas such as underwriting, claims, legal, finance and wider operations.

Areas of responsibility may include but not limited to

Data analysis and investigations
Monitoring monthly experience (e.g. claims, lapses, premiums) to understand trends
Assistance with regulatory submissions on solvency and capital
Process and modelling improvements
Report writing
Internal presentations to Actuarial team members


Bachelor’s degree in actuarial science
Good progress with actuarial exams


No previous internship and or graduate programme in any industry or government institution
No work experience (Essential)

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