Senior Actuarial Consultant: Pricing

2 weeks ago

Bellville, Western Cape, South Africa Sanlam Full time

Who are we?
The Sanlam Retail Affluent business (SRA) is dedicated to empower South Africans in the middle
- and upper-income segments to be financially confident, secure and prosperous. With deep client understanding and a focus on excellence in technology, client and intermediary experiences, SRA delivers financial solutions including comprehensive financial planning, life
- and disability insurance, credit solutions, savings and investments, retirement and fiduciary services that can be accessed through various platforms.

What will you do?

Output/Core Tasks:

  • Pricing of and obtaining actuarial approval for Sanlam's South African individual life and employee benefit products, specifically the Retail Mass cluster.
  • Liaising with relevant stakeholders in the business, with the aim of helping them to launch products which are financially sound, which address real client needs and which doesn't expose the business to undue risk.
  • Documentation of results and supporting the Actuarial valuations and development teams with the model implementation of new products
  • Carrying out adhoc tasks and investigations to understand profit drivers of products

What will make you successful in this role?

Requirements:

Qualifications:

  • Qualified or nearly qualified (ideally max 2 exams outstanding) actuary, with preference of experience in the life insurance sector

Personal attributes and competencies:

  • Experience of Life insurance products would be an advantage.
  • Proficiency at MS Office and Prophet, or willingness to learn.
  • Good verbal and written communication skills to manage relationships with business stakeholders.
  • Strong analytical and conceptual thinking.
  • Ability to work independently, take initiative and meet deadlines.

Knowledge and Skills

  • Actuarial Problem Solving
  • Issues management
  • Business knowledge
  • Business analysis
    Personal Attributes


 Selfdevelopment
  • Contributing independently
  • Interpersonal savvy
  • Contributing independently
  • Nimble learning
  • Contributing independently
  • Tech savvy
  • Contributing independently

Build a successful career with us

  • We're all about building strong, lasting relationships with our employees. We know that you have hopes for your future your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its five business clusters
  • Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office the group provides many opportunities for growth and development.
    Core Competencies


 Cultivates innovation
  • Contributing independently
  • Customer focus
  • Contributing independently
  • Drives results
  • Contributing independently
  • Collaborates
  • Contributing independently
  • Being resilient
  • Contributing independently

Turnaround timeClosing date: 10 May 2024**
Our commitment to transformation
The Sanlam Group is committed to achieving transformation and embraces diversity.

This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa.

The Group's Employment Equity plan and targets will be considered as part of the selection process.

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