Actuarial Analyst

Discovery – Discovery Green

Actuarial Analyst/Actuary

About Discovery

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.

About Discovery Green

Discovery Green is Discovery's renewable energy platform for businesses that makes it simple and affordable for businesses to run on renewable energy. By bringing together scale, the best expertise, actuarial modelling and sophisticated systems, our renewable energy platform can help businesses meet their decarbonisation goals and decrease funds spent on electricity.

About the role

We are looking for an exceptional Actuarial Analyst or Actuary: analytical, agile, and energised by solving complex problems that evolve week to week.

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.

The role involves hands-on modelling, deep analytical work, and client-facing exposure. You’ll work closely with Discovery Green’s executive leadership and Head Actuary to design, price, and refine innovative renewable-energy products.

Key Outputs / Job Responsibilities may include but are not limited to:

• Product Design & Pricing
  Develop and refine pricing frameworks for renewable-energy products and corporate wheeling agreements. Support new product launches by analysing cost, volatility, and risk profiles.
• Energy & Weather Modelling
  Build and maintain models to simulate price evolution, weather volatility, and generation variability across solar and wind assets. Assist in developing long-term scenario models and stress tests for energy production and consumption profiles.
• Client & Stakeholder Interaction
  Prepare and deliver client presentations, proposals, and analytical insights. Translate technical modelling outputs into clear commercial narratives for clients, management, and partners.
• Risk & Performance Analysis
  Support the monitoring of financial margins, curtailment exposure, and portfolio diversification benefits. Quantify and track sensitivities under different price, demand, and regulatory conditions.
• Governance & Reporting
  Assist in preparing reports, presentations, and dashboards for internal governance, board meetings, and investor updates. Support documentation of methodologies and model assumptions for audit and validation. 

Education and Experience

Essential

• BSc/BCom with Honours degree in Actuarial Science, Mathematics, Statistics, or related quantitative field
• 1–3 years’ experience in actuarial, analytical, or quantitative modelling roles
• Progress toward actuarial exams (or equivalent professional development)
• Strong Excel, PowerPoint, and data-presentation skills

 Desirable

• Exposure to stochastic or scenario modelling
• Familiarity with Python, R, or similar analytical tools
• Interest or experience in the energy / renewables / sustainability sectors
• Understanding of project-finance concepts, pricing dynamics, or risk-transfer mechanisms

Skills & Attributes

• Excellent problem-solving, analytical, and numerical reasoning ability
• Curiosity and agility, thrives in a fast-changing environment where priorities evolve weekly
• Strong communication and storytelling skills, able to explain technical findings to non-technical stakeholders
• Ability to work independently, take initiative, and deliver to tight deadlines

What We Offer

• Opportunity to join a pioneering energy business backed by Discovery Limited
• Direct involvement in multi-billion-rand renewable-energy projects and client engagements
• High exposure to senior leadership, investors, and clients, steep learning curve
• A dynamic, entrepreneurial culture where your ideas can shape the future of South Africa’s energy landscape
• Market-competitive remuneration with a special performance-linked incentive scheme
• Strong career-growth trajectory as Discovery Green scales its national renewable-energy portfolio 

EMPLOYMENT EQUITY   
                             
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.