Actuary

Discovery – Discovery Green

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 Limited’s renewable-energy platform, combining world-class actuarial thinking with advanced energy-market modelling to accelerate South Africa’s clean-energy transition.

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.

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.

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.

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 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.

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

Client & Stakeholder Interaction

• Prepare and deliver client presentations, proposals, and analytical insights. Translate technical modelling outputs into clear, commercially relevant narratives for clients, management, and partners.

Product Design & Pricing

• 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.

Energy & Weather Modelling

• 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.

Risk & Performance Analysis

• Support the monitoring of financial margins, curtailment exposure, and portfolio diversification benefits. Quantify and track sensitivities under varying price, demand, and regulatory conditions.

Governance & Reporting

• 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.

Research & Development

• 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.

Education and Experience

Essential

• BSc/BCom with Honours degree in Actuarial Science
• 3 + years’ experience in actuarial, analytical, technical marketing or quantitative modelling roles
• Strong progress toward full completion or achieved full completion of actuarial exams
• Strong Excel, PowerPoint, and data-presentation skills
• Excellent problem-solving, analytical, and numerical reasoning ability
• Adaptability and curiosity; able to operate in a fast-evolving environment
• Strong communication and storytelling skills with the ability to explain technical findings to non-technical stakeholders
• Ability to work independently, take initiative, and deliver high quality outputs under deadlines

 Desirable

• Experience with client interaction and presentations
• Experience in public speaking
• Interest or experience in energy, renewables, or sustainability
• Exposure to stochastic or scenario modelling
• Understanding of project-finance concepts, pricing dynamics, or risk-transfer mechanisms

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.