Internship : Actuary

Internship: Actuary (Vitality Drive International)

Discovery Insure is committed to creating a nation of great drivers 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 and home 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.

The focus of the role will be to support the Vitality Drive International team with data analysis, product research and operational delivery across international behaviour-change driving programmes. The intern will gain exposure to telematics data, rewards design, driver engagement, actuarial analysis and the development of scalable shared-value solutions for insurers, fleets and partners in global markets.

-Matric

-Bachelor’s degree or current studies in Actuarial Science, Statistics, Mathematics, Data Science, Engineering, Computer Science or a related quantitative field

-Interest in short-term insurance, mobility, telematics, behavioural economics, rewards or product development

-Working knowledge of Excel; exposure to SQL, Python, Power BI or similar analytical tools would be advantageous

-No previous internship and or graduate programme in any industry or government institution

-No work experience (Essential)

-Between the ages of 18 – 30 (Essential)

-You must be a South African Citizen by Birth or by naturalization before the 27th April 1994.

-Analyse driving, engagement, rewards and programme performance data to support product and commercial decisions

-Assist with research into international telematics, mobility, insurance and behaviour-change trends

-Support the design and refinement of Vitality Drive features, including goals, rewards, streaks, leaderboards and driver engagement mechanics

-Work with product, actuarial, analytics, technology and operations teams to help deliver client and partner requirements

-Prepare concise documentation, analysis summaries and presentation inputs for internal stakeholders and international clients