Santam Limited is the largest short-term insurer in South Africa, with a market share in excess of 22%, providing short-term insurance products through broker networks and direct sales channels. The company was established in 1918 and offers personal, commercial, and corporate insurance solutions. Santam is a subsidiary of Sanlam Limited and has been listed ...
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We are looking for talented analytical professionals, with a specific focus on the personal and commercial businesses.
The successful candidate will be accountable for a wide range of predictive modelling functions which will contribute to the profitable development and financial results of the Group. Working closely with the senior management team you will you’ll contribute to the development and execution of the broader strategy.
KEY ACCOUNTABILITIES
Develop and maintain effective pricing and risk management strategies across various platforms to balance profitability and growth
Support current pricing, segmentation and optimisation models
Performance monitoring of financial, underwriting and distribution indicators
Create and maintain business reports to direct thought processes that drives action
Continuous process improvement and strategy evaluation
Participate in strategic projects where actuarial input is required
Interacting with underwriting, distribution and claims departments with the objective of constantly incorporating market trends into the product solution value chain
Supporting the development of product solutions for various market segments and channels
Developing and maintaining of internal data assets to support predictive modelling initiatives
QUALIFICATIONS AND EXPERIENCE
Qualified/near-qualified actuary or equivalent qualification e.g. Maths, Statistics
Strong modelling skills including experience in performing statistical investigations and building pricing / predictive models
5 years experience in a technical role
Excellent report writing and presentation skills
Advanced computer literacy skills, e.g. SAS, Emblem, SQL, Java, etc.
Leadership skills within own team and cross- functionally
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