Actuarial Manager

7 days ago


Cape Town, Western Cape, South Africa Santam Full time

Career Opportunity

Santam's Actuarial Services team is seeking a talented analytical professional to join our team in Tygervalley. As a key member of our team, you will be responsible for developing and maintaining effective pricing and risk management strategies across various platforms to balance profitability and growth.

Key Responsibilities

  • Develop and maintain predictive modelling functions to contribute to the profitable development and financial results of the Group.
  • Support current pricing, segmentation, and optimisation models.
  • Monitor financial, underwriting, and distribution indicators.
  • Create and maintain business reports to drive thought processes and action.
  • Continuously improve processes and evaluate strategies.
  • Participate in strategic projects requiring actuarial input.
  • Interact with underwriting, distribution, and claims departments to incorporate market trends into product solutions.
  • Support the development of product solutions for various market segments and channels.
  • Maintain internal data assets to support predictive modelling initiatives.

Requirements

  • Qualified or near-qualified actuary or equivalent qualification.
  • Strong modelling skills, including experience in statistical investigations and building pricing/predictive models.
  • 5 years of experience in a technical role.
  • Excellent report writing and presentation skills.
  • Advanced computer literacy skills, including SAS, Emblem, SQL, Java, etc.
  • Leadership skills within own team and cross-functionally.
  • Strong data management skills.

About the Company

Santam is the market leader in the general insurance industry in Southern Africa. We are a large, diversified, expanding, and transforming company, rapidly moving into emerging markets in Africa and Asia. Our success is rooted in our passion for our clients, and everything we do is centered on delivering Insurance Good and Proper. We're about people, and we want to recruit the best people possible to join our team.


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