Vacation Work - Actuarial & Insurance Solutions (AIS): July 2026 - Cape Tow at Deloitte

Cape Town, Western Cape, South Africa -

Full Time

Start Date

Immediate

Expiry Date

04 Aug, 26

Salary

0.0

Posted On

06 May, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Actuarial Science, Analysis, Report Writing, Professional Presentations, MS Office, Financial Knowledge, Communication, Interpersonal Skills, Problem Solving, Business Acumen, Mathematical Techniques, Statistical Techniques

Industry

Business Consulting and Services

Description

Company Description At Deloitte, our Purpose is to make an impact that matters for our clients, our people, and society. This is the lens for which our global strategy is set. It unites Deloitte professionals across geographies, businesses, and skills. It makes us better at what we do and how we do it. It enables us to deliver on our promises to stakeholders, while creating the lasting impact we seek. Harnessing the talent of 450,000+ people located across more than 150 countries and territories, our size and scale puts us in a unique position to help change the world for the better—by bringing together the services we provide, the societal investments we make, and the collaborations we advance through our ecosystems. Deloitte offers career opportunities across Audit & Assurance (A&A), Tax & Legal (T&L) and our Consulting services business, which is made up of Strategy, Risk & Transactions Advisory (SR&T) and Technology & Transformation (T&T). Are you ready to apply your knowledge and background to exciting new challenges? From learning to leadership, this is your chance to take your career to the next level. About the Division: Actuarial & Insurance Solutions (AIS) team. It is a specialist insurance and actuarial consulting team, we specialise in the following key areas: Life insurance (Long-Term Insurance) Non-life insurance (General Insurance/Short-Term Insurance) We focus on solving business problems by using our advanced actuarial and analytics. We provide a wide range of specialised actuarial and risk services to the insurance and reinsurance industry in South Africa and other African countries, the Middle East, Asia, Europe and the United States. Job Description This opportunity is designed to provide students with valuable work experience and the chance to develop crucial skills within our Actuarial team. Participants will have the opportunity to demonstrate their capabilities whilst working on critical projects in Life & General insurance. The programme will commence on, 13 July 2026 and conclude on 17 July 2026 with in-person attendance required at our Cape Town Office. Successful candidates will be expected to: Attend and actively participate in presentations on hot topics within the Actuarial industry. Apply theoretical knowledge from your actuarial studies to complete tasks mimicking real-world scenarios that would be performed when starting your career at Deloitte. Complete an actuarial project with your peers and prepare a presentation to deliver to actuaries on your final day. Utilise advanced mathematical and statistical techniques to solve complex actuarial problems. Maintain strict confidentiality and adhere to all relevant regulatory requirements and company policies. Qualifications This programme is open to students who by the end of 2026 would have completed their third year (or equivalent) of Actuarial Science and are intending to complete their Honours (or Honours equivalent) in 2027. Technical Capabilities Basic technical knowledge in specific functional area Basic skills in analysis and report writing Experience in drafting of professional presentations and reports for review Proficient in MS Office suite Basic financial knowledge and understanding Behavioural Good communication skills, both written and verbal Interpersonal and relationship building skills Desire to develop self Client delivery focus Adaptable Focus on quality and awareness of risk Problem solving ability Basic business acumen Additional Information Note: The list of tasks / duties and responsibilities contained in this document is not necessarily exhaustive. Deloitte may ask the employee to carry out additional duties or responsibilities, which may fall reasonably within the ambit of the role profile, depending on operational requirements. Be careful of Recruitment Scams: Fraudsters or employment scammers often pose as legitimate recruiters, employers, recruitment consultants or job placement firms, advertising false job opportunities through email, text messages and WhatsApp messages. They aim to cheat jobseekers out of money or to steal personal information. To help you look out for potential recruitment scams, here are some Red Flags: Upfront Payment Requests: Deloitte will never ask for any upfront payment for background checks, job training, or supplies. Requests for Personal Information: Be wary if you are asked for sensitive personal information, especially early in the recruitment process and without a clear need for it. Fraudulent links or contractual documents may require the provision of sensitive personal data or copy documents (e.g., government issued numbers or identity documents, passports or passport numbers, bank account statements or numbers, parent’s data) that may be used for identity fraud. Do not provide or send any of these documents or data. Please note we will never ask for photographs at any stage of the recruitment process. Unprofessional Communication: Scammers may communicate in an unprofessional manner. Their messages may be filled with poor grammar and spelling errors. The look and feel may not be consistent with the Deloitte corporate brand. If you're unsure, make direct contact with Deloitte using our official contact details. Be careful not to use any contact details provided in the suspicious job advertisement or email. At Deloitte, we want everyone to feel they can be themselves and to thrive at work—in every country, in everything we do, every day. We aim to create a workplace where everyone is treated fairly and with respect, including reasonable accommodation for persons with disabilities. We are committed to employment equity and building a diverse and inclusive workplace across the African continent. Our recruitment processes are aligned with our Employment Equity Plan and the principles of the Employment Equity Act. Preference may be given to candidates from designated groups. We actively support the inclusion of people with disabilities and embrace neurodiversity in the workplace. We recognise and value the unique strengths that neurodivergent individuals bring, and we are committed to creating an environment where everyone can thrive. If you require reasonable accommodations in relation to your disability and neurodiverse needs during the recruitment process, please let us know. We are happy to make adjustments to suit your individual needs.

Responsibilities

Participants will apply theoretical actuarial knowledge to real-world scenarios and complete a collaborative project. They will also attend industry presentations and utilize mathematical techniques to solve complex insurance problems.