Actuarial Cons : Actuarial Consulting Unit (ACU): Risk & Balance Sheet Management at Sanlam Group

What will you do?
Role description and Output/Core Tasks: 

• SLS Risk and Balance Sheet management is looking for a talented and creative actuary or actuarial student to join the team.

The role will fit into the Actuarial Consulting Unit and responsibilities will therefore include:

• Maintaining and developing models through which insurance business performance (i.e. balance sheets, profits, embedded values, return on capital, solvency position) can be projected and sensitivity-tested for business planning purposes.
• Automating and optimizing actuarial processes.
• Assisting with ad-hoc consulting projects across the various SLS Actuarial teams:
• Product Development and Pricing
• Risk and Balance Sheet Management
• Actuarial Reporting
• Business Intelligence
• Regulatory and Development
• Actuarial HR and Support

What will make you successful in this role?

Requirements: 

Qualifications: 

• Senior Actuarial student or Qualified Actuary. 

Experience and skills: 
 
The following would be advantageous: 

• Strong technical ability in Excel (Incl. VBA and PowerQuery), SQL and Python. 
• Balance sheet management and/or capital management experience. 
• Valuations experience and/or product development experience. 
• IFRS 17 knowledge and experience. 
• Broad knowledge base of Sanlam and SLS Actuarial. 
• Understanding of insurance products, including their risks and value drivers (i.e. IFRS profit, Embedded Values etc.) 

Personal attributes and Competencies: 

• The desire to innovate, automate and optimise how businesses operate. 
• Have a desire that your work adds value. 
• Knowledge seeking/learning orientation. 
• Ability to combine conceptual thinking with pragmatic solutions. 
• Ability to work independently as well as part of a team, also across departments, businesses, clusters and legal entity boundaries. 
• Good communication skills.