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  • Actuarial Analyst - Sandton - Sanlam Limited

    Sanlam Limited
    Sanlam Limited Sandton

    3 weeks ago

    Default job background
    Insurance
    Description

    Santam's Actuarial and Data Analytics team has an exciting new opportunity available for a general insurance professional.

    The position will be based at Santam's Head Office in Bellville, Cape Town or Sandton Johannesburg.

    Key to Success

    We are seeking highly professional individuals with expertise in personal and commercial lines businesses. The successful candidate will be responsible for actuarial functions that drive profitable growth and financial results for the Group.

    Core Responsibilities:

    1. Develop effective pricing and risk management strategies to balance profitability and growth.
    2. Track and monitor key financial, underwriting, and distribution indicators.
    3. Prepare and maintain business reports to inform decision-making.
    4. Cultivate and maintain internal data assets to support pricing and modeling initiatives.
    5. Continuously evaluate and improve processes and strategies.
    6. Participate in strategic projects requiring actuarial input.
    7. Support current underwriting segmentations models.
    8. Foster collaboration between distribution, claims, and product development teams to incorporate market trends.
    9. Contribute to developing product solutions for various market segments and channels.
    10. Perform ad-hoc analysis and statistical investigations as needed.

    Qualifications & Experience

    1. Bachelor's degree in Mathematics, Statistics, Actuarial Science, Data Science, or Computer Science.
    2. 3-5 years of experience in general insurance, preferably with advanced computer literacy skills in SAS, SQL, R, Python, or Emblem.
    3. Strong modeling skills and experience in performing statistical investigations and building pricing/predictive models.
    4. Logical and analytical ability, with strong problem-solving skills.
    5. Excellent report writing and presentation skills.

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