Business Analyst

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 the following business units Retail Mass, Corporate, Risk and Savings, Glacier and various business enabling functions. The Sanlam Life and Savings Office provides strategic direction, coordination and support to the four 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.

What will you do?

The purpose of the job is to specify and maintain the detailed business requirements to support changes to the service offering and to analyse the performance of current business process models against business operational requirements and specify changes to close the gap.

What will make you successful in this role?

Key Responsibilities:

• Identify & define business requirements for new business models or changes to existing models (including application requirements and any graphical user information (GUI) requirements) - produce the Business Requirements Definition (BRD) & Business Requirements Specification (BRS), prepare business use case diagrams & test cases
• Producing epic hypothesis statements, features and user stories in an agile working environment.
• Analyse & design new business processes & organisational structures to support business requirements
• Create business process models, analyse models & identify variances from operational & performance requirement
• Define & design changes to existing processes as required & ensure integration of changes into process environment and translate into features and stories
• Work with the project manager, architects, & other team members to define non-functional requirements (including metrics & performance goals) for the application
• Participate in transitioning the requirements & use cases to systems analysts & designers, and ensure a clear & complete understanding of the requirements
• Participate in quality management reviews throughout the BCL & SDLC to ensure requirements are fulfilled
• Review test approach & test cases to ensure coverage of relevant business scenarios, use cases & functionality defined
• Participate in testing to ensure that business requirements have been met
• As subject matter expert assist with investigations, business impact & benefits analysis, & updates of the business case
• Assist with benefit realisation review

Minimum Requirements:

Qualifications:

• Matric with Mathematics (Not Maths Literacy)
• Accredited business/systems analysis diploma an advantage
• Relevant degree will be advantageous e. g, B. Com Information and Technology
• Relevant Agile methodology certification will be advantageous

Knowledge & Experience:

• 4 years Knowledge /experience within the Life Assurance industry (or broader Financial Services industry)

  
  
• Business Analysis related experience an advantage
• Knowledge of business & understanding of IT & ability to converse in both domains
• Understanding of /experience with analyses methodologies, process disciplines, BCL & SDLC methodologies ( Waterfall & Agile )
• Ability to articulate complex or technical concepts & issues in business terms
• Relationship building and engagement
• Changes to existing ( even substantial ) process changes & business initiatives
• Alliance/contract management regarding external service providers/stakeholders an advantage
• Application of Project Management principles - co-ordination, consultation, facilitation and delivery of operational / strategic initiatives an advantage.
• Computer literacy (MS Word, Excel and MS Visio)
• Client journey mapping will be advantageous
• Sound knowledge of writing effective stories and the application of the appropriate agile techniques

Behavioral Competencies:

1. Sanlam Core competencies

2. Cultivates innovation

3. Client focus
4. Drives results
5. Collaborates

6. Being Resilient

7. Role specific competencies

8. Conceptual and Detail thinker

9. Strong analytical & numerical ability
10. Problem solving skills
11. Good Communication Skills

Knowledge and Skills

Business and Data Analysis

Business Requirements Definition

Quality assurance

Feasibility studies and documentation of underlying business architecture

Governance, process and methodologies

Expertise (spreadsheet)

Personal Attributes

Interpersonal savvy - Contributing independently

Decision quality - Contributing independently

Plans and aligns - Contributing independently

Optimises work processes - Contributing independently

Build a successful career with us

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 realise their worth. Through its five business clusters – Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.

Core Competencies

Cultivates innovation - Contributing independently

Customer focus - Contributing independently

Drives results - Contributing independently

Collaborates - Contributing independently

Being resilient - Contributing independently

Turnaround time

The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.

Closing Date: 26 October 2025

Our commitment to transformation

The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa. The Group's Employment Equity plan and targets will be considered as part of the selection process.