Actuarial Consultant: Reporting

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?
In this role you will have an opportunity to perform a variety of tasks to assist with preparing valuation results, providing management information, analysing the profitability of products and maintaining systems and processes to deliver quality results. The role reports to the Head: Namibia Actuarial Support and is based in Western Cape, South Africa and will be responsible for the Namibia Closed fund license including the annuity portfolio. What will make you successful in this role?
- Monthly Financial Soundness Valuation, IFRS 17 and other statutory reporting requirements for a variety of products
- Assist with producing monthly profit, balance sheet and VNB results
- Maintain, develop and improve DCS and Prophet models
- Policyholder and shareholder valuation and matching of asset and liable for financial reporting
- Produce half-yearly risk capital and embedded value results
- Ensure model governance for valuation, IFRS and EV reporting purposes
- Assist with preparing forecasts, annual budgets and other management reporting requirements as required
- Involvement and opportunities in pricing, reinsurance, asset management and other actuarial functions Qualifications and Experience
- Actuarial student 8+ exemptions (number of exemptions will impact level of role)
- 2 to 6 years working experience in the Actuarial field (number of years will impact level of role)
- Prophet, DCS and modelling experience is a requirement
- Experience with life insurance products Knowledge and Skills
- Computer literate with proficiency in Microsoft Office (Word and Excel)
- Actuarial Problem Solving
- Issues management
- Business analysis
- Knowledge of IFRS 17 Personal Attributes
- Analytical and conceptual thinking
- Good communication skills, and capable of presenting results to senior management of the business
- Quality, detail orientated and concern for accuracy
- Ability to understand complex or technical concepts
- Ability to work independently, and with other departments, and to meet deadlines.
- Excellent client service ethics. 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.
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.