Web_banner_hackathon_web_2019.jpg

MiWay Hosts Second Actuarial Hackathon


MiWay Insurance will host our second invitation-only Actuarial Hackathon in April 2019 where graduate students’ modelling skills, resourcefulness and perseverance will be put to the test.

Who is it for?

Honours and final year students studying Actuarial Science, Data Science and other relevant fields can enter the qualifying round. Note that entrants must be available for recruitment to start working in 2020. In order to participate in the Hackathon, entrants will be invited by MiWay and given further details.

What is it?

The Hackathon is a 24-hour modelling marathon where participants will be given a past dataset to build a model and predict a future outcome. The winner will be the candidate with the model MiWay panel judges deem to be the best, including the difference between actual and expected and other relevant metrics. The challenge is designed so that participants only need Microsoft Excel skills to build a model, however, using other programming languages would be advantageous.

The prizes are as follows:

  • 1st place - R20 000 in cash
  • 2nd place - R5 000 in cash
  • 3rd place - R3 000 in cash

The Hackathon will be hosted at MiWay’s head offices in Centurion.

How can I enter?

Complete our Hackathon entry puzzle by clicking on the link below and you could stand a chance to be part of our 2019 Hackathon.

https://www.surveymonkey.com/r/NX5XYSZ

If you have any questions, please contact actuarial.careers@miway.co.za

Terms and conditions

  • Only students in their final year of study in the mentioned fields are eligible. This means you are in your final year of completing your undergraduate degree or completing your post graduate degree in 2019 and you plan to start working in 2020.
  • MiWay may, in its sole discretion, invite participants who participated in the 2018 Hackathon to compete in the 2019 Hackathon. This will be solely for recruitment purposes and these participants will not be eligible for the Prize.
  • The Hackathon is a “by invitation only” event and the correct answer to the entry puzzle does not guarantee your entry into the Hackathon.  MiWay will, in its sole discretion, consider various factors, including the Curriculum Vitae for each entry, before determining which entry’s will be participants in the Hackathon.
  • Only South African citizens with no criminal record are allowed to enter. You must be able to produce a green bar coded ID or Smart card ID. By entering, you give MiWay permission to conduct background checks on you.
  • All models built during the Hackathon will become the intellectual property of MiWay.
  • Participants will be required to sign a non-disclosure agreement to indicate that no data or computer programs may be sent and/or transferred outside of MiWay’s domain.
  • All related costs (transport, accommodation etc.) will be for your own account. However, MiWay may, in its sole discretion, provide assistance to participants based on need. (Participants requiring assistance must make application to MiWay as soon as possible, but no later than Wednesday 3 April 2019.)
  • The decision of the winner is final and MiWay shall not enter into any correspondence about the result.
  • The winner of the competition will win R20,000.00, second place will win R5,000.00 and third place will win R3000.00 (collectively referred to as “the Prize”) and MiWay will pay the Prize into each winners nominated bank account within 5 days of the winners sending MiWay their banking details to actuarial.careers@miway.co.za.
  • Participants give MiWay permission to use their information in order to make contact with them after the competition with regards to future employment opportunities at MiWay.

Related Articles


Become part of MiWay's Actuarial department!

MiWay's Actuarial department plays an essential role in the company since the work we do is at the core of insurance - i.e. charging the right client the right premium. We...

Congratulations Attorney Jennifer!

"Do the best you can in every task, no matter how unimportant it may seem at the time. No one learns more about a problem than the person at the bottom." - Sandra...

Become part of MiWay's Development department!

We're not just about insurance... MiWay's environment allows team members to realise their full potential through sharing of knowledge and helping others to learn...