Actuarial Team Lead

1 day ago


Cape Town, Western Cape, South Africa Sanlam Full time
Job Description

An exciting opportunity exists for an individual to establish and lead the Actuarial team in the Digisure Short-term business.

Digital Strategy
  • Serve as a critical member of the business unit's management team, playing a role in defining and driving the digital short-term insurance strategy, landscape and road map.
  • Work very closely with the business head & product manager to launch the new offerings on time and within budget.

Post-launch the focus will shift to balancing and achieving both the growth targets and the loss ratio targets

Product Development & Pricing:
  • Work closely with SCS Actuarial team to identify and find synergies as well as come up with innovative product features, rating methodologies and underwriting practices to deliver on the purpose of Digisure S/T while maintaining a healthy Loss Ratio
  • Improve rapidly and continuously on the initial launch rates and product
  • In time, incorporate telematics data insights into product features, pricing and claims management.

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