Actuarial Analyst: Group Internal Audit (JG8/9) at GO Finance Co Ltd

Job description

Sanlam is a leading financial services group, originally established as a life insurance company in 1918. The Sanlam Group conducts its business through Sanlam Limited, the corporate head office and four business clusters. The corporate head office is responsible for the Groups’ centralised functions such as strategic direction, financial and risk management, marketing and communications, Group human resources and corporate social investment (CSI). The four business cluster include; Sanlam Personal Finance, Sanlam Investments, Sanlam Emerging Markets and Santam.

Position Description Key Responsibilities

• Assist with reviews of actuarial-related processes (e.g. data extraction, assumption setting, valuation and results analyses, asset-liability management (ALM), reinsurance, etc.)
• Assist with reviews of actuarial valuation models including performing data analyses, independent calculations and modelling and analysing Prophet models.
• Support execution of specialised reviews such as management of market, credit and insurance risks, and actuarial and financial reporting under International Financial Reporting Standards (IFRS) and Solvency Asset Management (SAM).
• Support execution of assurance assignments relating to Sanlam’s SAM programme such as Actuarial Close Processes & Controls, model governance, risk management and ORSA reviews.
• Assist with preparation of review reports

Minimum Requirements

Qualification

• Bachelor degree in Actuarial Science
• Actuarial student with good progress in the CT-series exams

Knowledge & Experience:
Up to 2 years actuarial work experience

The following will be advantageous, but is not a requirement:

• Experience in an assurance function
• Experience with Prophet
• Working knowledge of Solvency II and SAM

Competencies

• Technical Professional Skills
• Concern for Accuracy
• Stress Tolerance
• Results Driven
• Good written and verbal communication skills in English
• Team Success
• Problem Solving
• Managing Work
• Treating Customers Fairly

Promoting excellence and commitment towards Employment Equity