Data Analyst Internship - 12 Months Contract

OUTsurance has been propelling the South African insurance industry forward for the last 27 years. As leaders in the field, we’re always looking for innovative ways to create digitally advanced solutions, without losing sight of our human values. Our continued success can be attributed to outstanding employees who set the bar high with their energy and expertise. If you’re keen to grow your career in a vibrant environment with lots of ‘fun’, this could be the career opportunity you’ve been looking for.

What do you get OUT?

OUTsurance has been voted Top Employer South Africa since 2022.  Our people vision is to be a great company to work for where you always get something OUT.

We Offer Our Employees:

• A winning, fun and inclusive company culture that embraces diversity.
• Great Rewards and Recognition programs. 
• Growth opportunities (we hire talent, train skill and promote values driven leaders from within)
• Wi-Fi on campus and Emergency Panic-Assist through the OUTsurance app
• Employee wellness programs: Free Counselling, Legal Advice and Financial Coaching for you and your members of household.
• A chance to give back (Staff Helping SA OUT volunteer program) and much more. Prayer Rooms

Purpose

The internship is a structured work-based program, affording unemployed graduates work experience in our company. The successful applicants will enter into a 12-month fixed term Internship agreement (not an employment contract) with the company and receive a stipend. 

Are you passionate about using data to challenge the norm? Internal Audit is looking for a strong data analytics individual to join the Internal Audit team. The Internal Audit team assists the organisation in maintaining effective controls by assessing the reliability of financial reports, monitoring the company’s compliance with laws and regulations, and advising management on developing smart control solutions. We’re looking for a detail-oriented team player who has an interest in Insurance products and wants to gain insight into the company’s operations and control processes.

The Data Analytics team-members leverage their programming and advanced analytics skillsets to work closely with the auditors and develop data-centric analysis and testing strategies that derive insight and help the Internal Audit team to better understand the company’s unique processes and controls.

Responsibilities

• Extract data from the company’s data warehouse, profile the data to identify key features, patterns and outliers; and performing scenario-based testing.
• Assess the quality of data extracted to understand potential limitations or issues.
• Review SQL code to identify sources of data and the accuracy and completeness thereof.
• Understand and provide guidance on the appropriateness of individual access to data.
• Develop and maintain Management Information Systems in order to streamline and drive automated reporting.
• Develop visualisation analytics and reporting to present scenarios from the data; both at a high level to highlight potential risks and at a detailed level to enable root cause analyses.
• Assist the Internal Auditors by using hands-on analysis of company data and providing insights from this.
• Help the Internal Audit team understand the data tools, approaches and infrastructure available to them.
• Work with the Internal Audit team to build strategic self-service data products that enable the team to more efficiently and effectively work with company data and identify potential risks.

Qualifications, Skills and Experience

• Undergraduate or postgraduate degree in Mathematics, Statistics, Actuarial Science, Data Analytics, Computer Science, Information Engineering, Informatics or equivalent
• Knowledge of any programming language with a willingness to learn SQL programming.
• Knowledge of visualisation tools such as Power BI or Tableau would be beneficial.
• Knowledge of analytical/statistical programming such as Python, R, or SAS would be beneficial.
• Excellent communication skills (written and oral). Ability to communicate what is relevant and important in a clear and concise manner.
• Drive and Motivation. Ability to handle multiple tasks and takes initiative to improve their own performance.
• Creativity/Innovation. Ability to create new ways to improve current processes and develop solutions that are grounded in reality and have practical value.

Take note to qualify for an INSETA Internship program you need to:

• Be a South African citizen
• Not previously part of an internship/learnership with INSETA
• Be between the ages of 18 & 35
• Unemployed in the last 2 months

An ideal candidate will be able to align their personal work values to the OUTsurance. Being enthusiastic in dealing with challenges in a stressful, deadline orientated environment is essential.

In accordance with OUTsurance Insurance Company Ltd Employment Equity goals, preference will be given to individuals who meet the job requirements and are from the various designated groups.