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  • Posted: Sep 9, 2020
    Deadline: Not specified
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    Since our establishment in 1918, Sanlam has been a prominent part of the South African business landscape. We have always held a long-term view of how business adapts to the demands of the environment in which it operates. Today, in a dynamic world, we see an evolving set of social, economic, political and environmental imperatives that require our skilfu...
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    Actuarial Modeller

    About

    • Sanlam Emerging Markets is responsible for Sanlam's financial services (life insurance, general insurance, banking, retail credit, health, bancassurance, asset management) in emerging markets outside South Africa. Our vision is to a leading Pan-African diversified financial services player and have a meaningful presence in India, Malaysia and Lebanon.

    What will you do?

    • Maintain and implement the SEM Prophet models - code and documentation
    • Ensure model governance for valuation and EV reporting purposes
    • Assist the product/pricing team with modelling requirements of new products
    • Close interaction with in-country and SEM actuarial teams
    • Co-ordinate and oversee the roll-out of Prophet upgrades and licenses to the various businesses.
    • Enforce coding and documentation standards for updates received from e.g. SEM product/pricing team and in-country teams
    • Align current models with central SEM model
    • Assist with modelling specs and test input data
    • Preparation of modelling sign-off packs to both internal and external auditors
    • Ad hoc tasks/investigations to ensure and improve overall quality of models

    What will make you successful in this role?

    • Senior actuarial student with at least 12 actuarial credits - preferably F102 included

    Prophet, DCS And Programming Experience Is Essential

    • A good working knowledge of life insurance principles

    Qualification And Experience

    • Degree and have passed 9-12 subjects and minimum of 2 years experience.

    Knowledge And Skills

    • Actuarial Problem Solving
    • Issues management
    • Attention to detail and accuracy

    Personal Attributes

    • Self-development - Contributing independently
    • Interpersonal savvy - Contributing independently
    • Nimble learning - Contributing independently
    • Tech savvy - Contributing independently

    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 business clusters - Sanlam Personal Finance, Sanlam Emerging Markets, Sanlam Investments, Sanlam Corporate, Santam, Miway, as well as the Group Office - the group provides many opportunities for growth and development.

    Method of Application

    Interested and qualified? Go to Sanlam Group on careers.sanlamcloud.co.za to apply

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