Actuarial Consultant: Actuarial Consulting Unit

Actuarial Consultant: Actuarial Consulting Unit (ACU) Location: Bellville, Western Cape, ZA Who are we? Sanlam Life and Savings (SLS) is focused on serving our retail and corporate clients in South Africa and further developing our strategic advantages in the South African market. Sanlam Life and Savings consists of the following business units Retail Mass, Corporate, Risk and Savings, Glacier and various business enabling functions. The Sanlam Life and Savings Office provides strategic direction, coordination and support to the four clusters, as well as performing governance oversight that includes assurance provided by second line of defense functions in SLS, to enable us to meet our business objectives. Role Description The Actuarial Consulting Unit (ACU) focusses on: Automating and streamlining actuarial processes to improve efficiency and reduce the (human) effort required by the (normal) BAU production teams; Aligning disparate processes between different teams, clusters, and products within the actuarial domain; Facilitating the integration of new workflow items, such as those arising from acquisitions, into standard processes; Conducting ad-hoc analyses and investigations as requested by various stakeholders. Providing relief and support to production teams when bottlenecks occur. Identifying, researching, and implementing value-add initiatives to enhance actuarial operations. Productionizing value-add initiatives, including those developed by the Business Intelligence (BI) analytics team. Improving the format and insights derived from reporting processes and reports; What will you do? SLS Risk and Balance Sheet management is looking for a talented and creative actuary to join the team. The role will fit into the Actuarial Consulting Unit and responsibilities will therefore include: Providing actuarial expertise to support the development of rewards and banking solutions within the Sanlam FinTech cluster. Automating and optimizing actuarial processes. Assisting with ad-hoc consulting projects across the various SLS Actuarial teams: Product Development and Pricing Risk and Balance Sheet Management Actuarial Reporting Regulatory and Development Actuarial HR and Support What will make you successful in this role? Qualifications: Experience and skills: The following would be advantageous: Strong technical ability (Excel, VBA, PowerQuery, SQL, Python or similar). Experience in the banking sector. Experience in designing and implementing rewards programs. Experience and knowledge of the growing FinTech sector. IFRS 17 knowledge and experience. Broad knowledge base of Sanlam and SLS Actuarial. Understanding of insurance products, including their risks and value drivers (i.e. IFRS profit, Embedded Values etc.) Knowledge and Skills Actuarial Problem Solving Actuarial Negotiation Business knowledge Business analysis Personal Attributes Business insight - Contributing through others Self-development - Contributing through others Tech savvy - Contributing through others Interpersonal savvy - Contributing through others 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 through others Customer focus - Contributing through others Drives results - Contributing through others Collaborates - Contributing through others Being resilient - Contributing through others Turnaround time The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers. 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. #J-18808-Ljbffr