Actuarial Specialist - Sandton, South Africa - Sanlam

Sanlam
Sanlam
Verified Company
Sandton, South Africa

2 weeks ago

Thabo Mthembu

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Thabo Mthembu

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Description
Who are we?
At SanlamAllianz, we are proud of being the largest pan-African, non-banking financial services organisation on the continent.

Our dynamic operations span across 27 African countries (excluding South Africa), and our business is focused on life insurance, general insurance, retail credit, health, bancassurance, and asset management.

Our core values - Innovation, Care, Integrity and Collaboration - guide our vision of distinguishing ourselves as the best financial services group in Africa.

We nurture a high-performance, energising and engaging culture.

Why? Because we, as employees of SanlamAllianz, understand the importance of feeling cared for, empowered and challenged to produce our best work and live with confidence.

What will you do?
Provide actuarial and business support to SanlamAllianz life insurance businesses, including:
Valuation and reporting

  • Monthly valuation and management reporting
  • Halfyearly valuation, management, and embedded value reporting
  • Prepare annual budgets in consultation with incountry management.
  • Data management and improvement of processes
Experience monitoring

  • Perform, analyse and explain results of experience investigations.
  • Initiative in resolving issues and upgrading the environment.
Actuarial risk control

  • Asset liability management
  • Reinsurance management
Capital management
Product management

  • Collaborate with SanlamAllianz product management teams
  • Provide group structuring and pricing support
Collaboration

  • Establish and maintain relationships with incountry teams
Ad-hoc projects
Qualification and Experience

  • Actuarial Science degree
  • Good progress in completing actuarial exams
  • Two to three years relevant experience
  • Previous experience with life insurance actuarial reporting including IFRS, EV, VNB and SAM bases will be beneficial Knowledge and Skills
  • Proficiency in DCS and Prophet will be beneficial
  • Proficiency in Microsoft Office
  • Actuarial Problem Solving Personal Attributes
  • Strong technical and operational ability
  • Strong focus on operational processes
  • Quality and detail orientation and concern for accuracy
  • Effective communicator of technical information
  • Building and maintaining relationships
  • Decision making ability Core Competencies
  • Cultivates Innovation
  • Client Focus
  • Drive Results
  • Collaborates
  • Flexibility and adaptability 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 four business clusters - Sanlam Life and Savings, Sanlam Investment Group, SanlamAllianz, Santam, as well as MiWay and the Group Office - the group provides many opportunities for growth and development.

Turnaround time
The Sanlam Group is commited 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 the key components to ensure 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.
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