Actuary

2 hours ago


Cape Town, Western Cape, South Africa Sanlam Full time
Job Title: Actuary

Sanlam Life and Savings (SLS) is a leading provider of financial solutions in South Africa, and we are seeking a talented Actuary to join our team.

About the Role

The successful candidate will be responsible for maintaining and developing models to project and sensitivity-test insurance business performance, as well as developing and maintaining Required Capital Frameworks for SLS's insurance businesses.

Key Responsibilities
  • Maintain and develop models to project and sensitivity-test insurance business performance.
  • Develop and maintain Required Capital Frameworks for SLS's insurance businesses.
  • Support risk and capital management within SLS in view of further business and regulatory requirements.
  • Assist the Actuarial Consulting Unit with automation and optimization of actuarial processes.
  • Assist the Actuarial Consulting Unit with ad-hoc consulting projects.
Requirements
  • Senior Actuarial student or Qualified Actuary.
  • Strong technical ability in Excel (Incl. VBA and PowerQuery), SQL and Python.
  • Balance sheet management and/or capital management experience.
  • Valuations experience and/or product development experience.
  • IFRS 17 knowledge and experience.
  • Broad knowledge base of Sanlam and SLS Actuarial.
  • Understanding of insurance products, including their risks and value drivers.
Personal Attributes and Competencies
  • Desire to innovate, automate and optimize how businesses operate.
  • Desire that your work adds value.
  • Knowledge seeking/learning orientation.
  • Ability to combine conceptual thinking with pragmatic solutions.
  • Ability to work independently as well as part of a team, also across departments, businesses, clusters and legal entity boundaries.
  • Good communication skills.

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