Technical Analyst

Santam Product Management is looking to recruit an Technical Analyst to provide actuarial and data analytics support for the conceptualisation, development and maintenance of client value propositions. This role invites a driven, technically competent and highly creative individual to help shape the future suite of Santam insurance offerings. This is a permanent opportunity based in either Western Cape or Gauteng. What will you do? Loyalty and Rewards Conceptualise, model, develop and manage a loyalty and rewards programme. Collaborate with group stakeholders to ensure the rewards programme aligns with the product portfolio strategy, business unit strategy and group-wide rewards strategy. Actuarial Provide actuarial expertise and support to the Head of Product Strategy on all product management initiatives. Conduct actuarial and statistical analyses related to product pricing, reserving and risk assessment. Ensure compliance with relevant insurance regulations and actuarial standards. Data Analytics Develop and manage a Product Management dashboard that tracks lead and lagging indicators of product utility, product performance, product competitiveness and client sentiment. Analyse product performance metrics, marketing campaign results and growth initiatives to inform data-driven decision making on products. Support product managers with insights derived from data to innovate and improve products in a manner that aligns with future market trends and the business unit strategy. Qualification and Experience Bachelor’s degree in Actuarial Science, Mathematics, or Statistics. Minimun of 5+ year experience in an Actuarial/Statistic/Data Analyst role. Proficient in actuarial techniques including pricing, reserving, risk modelling, and statistical analysis. Skills in financial modelling, data manipulation, and predictive analytics to assess product and campaign effectiveness. Competent in designing and managing rewards programme metrics and actuarial valuation of loyalty schemes. A proactive and innovative product manager, with a passion to develop value propositions that delight our clients and future-proof the business. Analytical mindset with strong problem-solving skills to translate complex data into actionable business insights. Excellent communication and presentation skills, able to convey technical actuarial concepts to non-actuarial stakeholders. Collaborative and able to work cross-functionally with underwriting, marketing, operations and I.T. development teams. Meticulous and committed to accuracy and compliance in actuarial analysis and reporting. Adaptable and willing to experiment continuously to unlock new opportunities for value creation. Strong organisational skills with the ability to manage projects effectively. Advertise Step 1: Our vacancies are advertised between 3-5 days depending on the market availability of the skills required. Step 2: Could take a couple of days depending on the volume and the screening process, which varies according to the complexity of the role. Step 3: Long listed candidates are sent to the hiring manager to review and consider for the next stage of the selection process. Telephonic screening Step 4: Candidates may be contacted for a short screening interview to get to know them better and to ask any clarity seeking questions. Your interview Step 5: We use a competency interview model. Interview dates will be confirmed via e-mail. During the interview you will be introduced to the panel and the process will be explained. Remain calm and sell yourself. This is our opportunity to match your skills to the job. You only get one shot Assessment Step 6: Should we like what you bring to the table, depending on the job you are being considered for, you may be invited to complete a psychometric assessment. Further employment checks are conducted to ensure the validity of your credentials. Step 7: Prior to an offer being made, there may be a second interview to meet with the Head of Department. Should there be a need for any further interviews, be sure to bring the same charm that got you through your first interview. Onboarding Step 8: You made it. Here we ensure we receive all your documents to get you onto our payroll system. TIPS & TRICKS Getting ready for your interview There is not just one way to be successful at Santam, nor is there one way to interview with us. Interviewing is a two-way process - it helps us learn about you, and it helps you learn about us, our people, and what you could do here. Santam has been officially recognised by the Top Employers Institute as a Top Employer 2025 for excellence in people practices. This is the ninth consecutive year that we have achieved this accolade. #J-18808-Ljbffr