Actuary I

3 weeks ago

Cape Town, Western Cape, South Africa Sanlam Limited Full time
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CAREER OPPORTUNITYSantam's Actuarial Services team has an exciting new opportunity available for a general insurance professional. The position is based at Head Office in Tygervalley.

JOB DESCRIPTIONWe are looking for talented analytical professionals, with a specific focus on the personal and commercial businesses.

The successful candidate will be accountable for a wide range of predictive modelling functions which will contribute to the profitable development and financial results of the Group.

Working closely with the senior management team you will you'll contribute to the development and execution of the broader strategy.

KEY ACCOUNTABILITIESDevelop and maintain effective pricing and risk management strategies across various platforms to balance profitability and growthSupport current pricing, segmentation and optimisation modelsPerformance monitoring of financial, underwriting and distribution indicatorsCreate and maintain business reports to direct thought processes that drives actionContinuous process improvement and strategy evaluationParticipate in strategic projects where actuarial input is requiredInteracting with underwriting, distribution and claims departments with the objective of constantly incorporating market trends into the product solution value chainSupporting the development of product solutions for various market segments and channelsDeveloping and maintaining of internal data assets to support predictive modelling initiatives
QUALIFICATIONS AND EXPERIENCEQualified/near-qualified actuary or equivalent qualification e.g.

Maths, StatisticsStrong modelling skills including experience in performing statistical investigations and building pricing / predictive models5 years experience in a technical roleExcellent report writing and presentation skillsLeadership skills within own team and cross- functionallyCOMPETENCIESDelivering results and meeting customer expectationRelating and networkingAnalysesApplying expertise and technologyAchieving personal work goals and objectivesPlanning and organising skillsProblem SolvingNegotiatingBusiness Acumen/KnowledgeBusiness AnalysisClient focusDrives resultsFlexibility and adaptability from setbacks and adversity when facing difficult situationsABOUT THE COMPANYSantam is the market leader in the general insurance industry in Southern Africa.

We are a large, diversified, expanding and transforming company and whilst based in South Africa, we are rapidly moving into a number of emerging markets, both in Africa and Asia.


Our success is rooted in our passion for our clients and everything we do is centered on our delivery of Insurance Good and Proper.

We're about people.

People drive our business so it follows that we want to recruit the best people possible whether they work for us permanently or for a short time as temporary employees.

At Santam we are committed to transformation and embracing diversity.

This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society.

In achieving our employment equity goals we give preference to applicants from the designated groups in alignment with the Divisions Employment Equity targets.

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