Professional qualifications
• FASSA - Fellow of the Actuarial Society of South Africa
• FIA - Fellow of the Institute of Actuaries
• PRM - Professional Risk Manager
• CERA - Certified Enterprise Risk Actuary
Actuarial Science
If you specialise in Actuarial Science, typical jobs in the financial sector include:
• Actuary
• Risk Manager
These jobs wil mainly be in large companies in the financial service sector (e.g. Sanlam, Liberty, Old Mutual, Momentum, Absa, Nedbank, Standard Bank, FNB, KPMG, Ernst & Young and PWC).
Quantitative Risk Management
If you specialise in Quantitative Risk Management, typical jobs in the financial sector are:
• Market or Credit Risk Analyst/Manager
• Commercial Banker
• Corporate Banker
• Treasury Analyst
• Risk Analyst/Manager
• Decision Support Analyst
• Investment Analyst
• Financial Engineer
These jobs wil mainly be in large companies in the financial service sector (e.g. Sanlam, Liberty, Old Mutual, Momentum, Absa, Nedbank, Standard Bank, FNB, KPMG, Ernst & Young and PWC).
Financial Mathematics
If you specialise in Financial Mathematics, typical jobs in the financial sector would be:
• Financial Product Developer
• Structured Financing Specialist
• Financial Engineer
• Financial Mathematician
These jobs will mainly be in large companies in the financial service sector (e.g. Sanlam, Liberty, Old Mutual, Momentum, Absa, Nedbank, Standard Bank, FNB, KPMG, Ernst & Young and PWC).
Data Mining/Business Analytics/Data Science
If you specialise in Data Mining/Data Science/Business Analytics, typical jobs would be the following:
• Data Scientist
• Analytics Analyst
• Quantitative Strategist
• Credit Risk Analyst/Manager
• Decision Support Analyst
• Financial Statistician
• Data Mining Analyst
• E-Commerce Business Analyst
• Fraud Analyst
• Database Marketing Analyst
• Strategic Business Analyst
In every business sector, managers have to face the challenges of huge data sets and they need people who have advanced analytics skills in order to exploit the business opportunities hidden in these data sets. Individuals with advanced analytics skills are currently in high demand.
These jobs will mainly be in large companies in the financial service sector, retail and telecommunications sectors (e.g. The Foschini Group, Transunion, Telkom, Vodacom, MTN, Liberty, Old Mutual, Momentum, Absa, Nedbank, Standard Bank, FNB, SAS, KPMG, Ernst & Young and PWC).