Road Accident Fund (RAF) Latest Vacancies – October 2025

Requirements & Eligibility

Minimum Educational Qualification

• Bachelor’s Degree / Advanced Diploma in Economics, Risk Management, or a related field (essential).

Experience

• 5–7 years’ relevant experience in an Enterprise Risk Management (ERM) environment.
• Demonstrated experience in risk identification, mitigation, monitoring, and reporting.
• Knowledge of King IV, ISO 31000, and corporate governance standards.

Technical Competencies

• Sound understanding of risk frameworks, models, and best practices.
• Proficiency with data analytics tools and risk modelling techniques.
• Ability to develop and maintain risk registers, key risk indicators (KRIs), and control action plans.
• Strong report writing and presentation skills.
• Capable of facilitating enterprise risk culture and awareness across departments.

Behavioural Competencies

• Resilience and self-management.
• Excellent communication (written & verbal).
• Analytical and decisive judgement.
• Stakeholder relationship management.
• Planning, organising, and coordination.
• Client service orientation and teamwork.

Reporting Line

• Reports to the Senior Manager: Risk Advisory and Business Continuity.

Salary Package

• The RAF offers a Total Cost to Company (TCTC) remuneration structure.
• No separate employer contributions — the employee structures benefits within the TCTC package.
• While the advert does not specify a salary, the market benchmark for this level (Risk Specialist / Senior Risk Analyst in large parastatals) typically ranges between:
  • R750,000 – R1,100,000 per annum (TCTC) depending on experience and qualifications.