Product Innovation Specialist

3 weeks ago

Bellville, South Africa Sanlam Full time

Who are we?
Sanlam Emerging Markets is responsible for Sanlam’s financial services (life insurance, general insurance, banking, retail credit, health, bancassurance, and asset management) in emerging markets outside South Africa. We are a dynamic business with a culture of high-performance, innovation, thought leadership, proactivity and learning. Our diverse footprint spans 34 countries across Africa. This creates exciting opportunities to learn, grow and work as you interact with colleagues from different cultures and backgrounds. Our vision is to create the leading pan-African financial services business. We believe in creating and cultivating a positive, energised working environment that gives you every opportunity to achieve success. What will you do?
Technical support
- Product modelling on Excel and Prophet
- Product pricing and profit testing of risk and savings products
- Experience investigations
- Setting product design features and assessing risks given market and regulatory requirements
- Sensitivity analysis and estimating capital requirements
- Reviewing product admin system configuration

Documentation of results
- Developing product specifications
- Translating business cases into product specifications
- Compiling pricing notes for Statutory sign-off

Research and strategy
- Research on the economic and demographic profiles of countries where our businesses operate
- Research on the products and technological solutions offered by competitors in the markets we operate
- Research on market trends and dynamics to help forecast future opportunities
- Collating research into easily digestible databases that can be used by businesses for decision-making
- Generating insights to drive product and solution design based on research findings

Qualification and Experience
- Actuarial student with good progress in exams
- Minimum 2 years work experience
- Prophet experience is preferable
- Demonstrable research ability is preferable
- Proficiency in Microsoft Office (Word and Excel)

Personal Attributes
- Excellent verbal and written communication skills
- Ability to work independently and meet deadlines
- Analytical and conceptual thinking
- Ability to multi-task
- Creative, practical and innovative thinking
- Willingness and eagerness to learn
- Systems thinking
- Manage complexity
- Adaptability and flexibility with different business and national cultures
- Excellent customer orientation and client service ethics
- Strong personal integrity and values driven work ethic

Core Competencies
- Cultivates Innovation
- Client Focus
- Drive Results
- Collaborates
- Flexibility and adaptability Turnaround time

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 realize their worth. Through its business clusters - SanlamConnect, Sanlam Emerging Markets, Sanlam Investments, Sanlam Corporate Santam, Miway, as well as the Group Office - the group provides many opportunities for growth and development. Our commitment to transformation
The Sanlam Group is committed to transformation and embracing diversity and our employment equity plan and targets will be considered as part of the recruitment process. 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 as well as people with disabilities.

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