Head : Actuarial Consulting : Sls Risk & Capital

Who are we?
Sanlam Life and Savings (SLS) is focused on serving our retail and corporate clients in South Africa and further developing our strategic advantages in the South African market. Sanlam Life and Savings consists of three clusters - Sanlam Corporate, Sanlam Retail Mass and Sanlam Retail Affluent. The Sanlam Life and Savings Office provides strategic direction, coordination and support to the three clusters, as well as performing governance oversight that includes assurance provided by second line of defense functions in SLS, to enable us to meet our business objectives. Business Description
Sanlam Life and Savings (SLS) offers retail and corporate life insurance and investment products in South Africa across the spectrum - from entry level market to high-net-worth individuals and all size corporates. The cluster provides clients with a comprehensive range of appropriate and competitive financial solutions, designed to facilitate long-term wealth creation and protection. SLS believes in creating and cultivating a positive, energised working environment that gives you every opportunity to achieve success. We are committed to transformation and embracing diversity. We value Integrity, Care, Innovation and Collaboration in our work, existing and prospective team members.
Sanlam Life and Savings Actuarial focusses on life insurance actuarial services for the South African life insurance licences within the Sanlam Group. Sanlam Retail Affluent, Sanlam Corporate and Sanlam Retail Mass’s actuarial reporting, modelling, product development and risk and capital management is within the ambit of our focus. In addition to this we also offer Business Intelligence and data analytics business support.
What will you do?

**Output/Core Tasks**:
As the head of the internal actuarial consulting team you will need to build and grow a consulting capability that will focus on servicing SLS Actuarial and its clients.
Given the large volume of BAU production work that the existing SLS Actuarial teams need to produce it is hard to allocate priority time to ad-hoc requests, automation, optimising processes, research and other projects. There is also a constant (and growing) need from the business for actuarial support on non-standard projects. Allocating this non-standard work to existing teams is not optimal as it slows down the progress on these projects and over-burdens the BAU teams. An appropriate focus on optimisation and automation will open up capacity and aid the execution of BAU tasks within the existing SLS Actuarial teams.
Therefore, a separate actuarial team that can act as consultants to provide support on ad-hoc projects will be established. This multi-disciplinary team will have a diversity of experience as well as the ability to draw expertise from specialists in all the areas in actuarial (reporting, pricing, capital, investigations, BI).
As the Head of the team you will need to run the team as a separate business through the following:
Engage within the existing SLS Actuarial teams to identify the processes and tasks that need to be prioritised
Evaluate on a cost benefit basis which tasks will take priority and obtain SLS Actuarial Manco approval
Source the necessary skills and execute the tasks to improve efficiency and create capacity
Develop use cases to aid a business plan for future development and growth of the consulting team
Grow the team organically and based on a needs basis and delivery focus assessment motivate for your own budget and resource requirements
Ensure execution with embedment in such a manner that the tasks can either be once-off or moved into the other BAU actuarial teams.
What will make you successful in this role?

**Role Requirements**:
**Qualifications**:
An Actuarial Fellowship qualification

**Experience & Knowledge**:
Experience in an actuarial reporting, product development, risk and/or capital or modelling environment including IFRS, EV or Regulatory Reporting bases
Good knowledge of SLS’s products would be an advantage
Good knowledge of the actuarial control cycle and actuarial BAU processes would be an advantage
Computer and/or modelling skills will be a significant advantage.

**Personal attributes and Competencies**:
Leadership and managerial qualities
Results driven
Strong technical and operational ability
Decision making abilities
Effective communicator of technical information
Innovative and conceptual thinking
Influencing/gaining commitment
Building and maintaining relationships
Ability to work alone for periods at a time as well as ability to operate as part of a team Knowledge and Skills Actuarial Problem Solving Actuarial Negotiation Business knowledge and analysis Risk Management Personal Attributes Business insight - Contributing strategically Financial acumen - Contributing strategically Develops talent - Contributing strategically Builds effective teams - Contributing strategically Build a successful career with us
We’re all about building strong, la