Actuary/Actuarial Cons : Actuarial Risk & Capital at Sanlam Group

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

• Maintain and develop models through which insurance business performance (i.e. profits, embedded values, return on capital) can be projected and sensitivity-tested for business planning purposes.
• Assistance with regards to the projection model rebuild for IFRS 17 purposes.
• Support risk and capital management within SLS in view of further business and regulatory requirements. 
• Design, implement and review solutions for the Own Risk and Solvency Assessment (ORSA) of Sanlam Life and the SLS Cluster and, in particular, with regards to:
• Forward looking projections;
• Stress & scenario testing; and
• Management Information.

What will make you successful in this role?
Requirements:

Qualifications:

• Senior actuarial student or Qualified Actuary

Experience and skills:

• Valuations and/or product development experience 
• IFRS 17 knowledge and experience
• Modelling skills

The following would be advantageous:

• SAM experience
• Wide knowledge base
• Understanding of insurance products, including their risks and value drivers (i.e. IFRS profit, Embedded Values etc.)

Personal attributes and Competencies:

• Knowledge seeking/learning orientation
• Ability to combine conceptual thinking with practical solutions
• Ability to work independently as well as part of a team, also across departments, businesses, clusters and legal entity boundaries 
• Ability and desire to innovate
• Good communication skills

Knowledge and Skills

• Actuarial Problem Solving
• Actuarial Negotiation
• Business knowledge and analysis
• Risk Management

Personal Attributes

• Business insight - Contributing strategically
• Financial acumen - Contributing strategically
• Develops talent - Contributing strategically
• Builds effective teams - Contributing strategically

Closing Date: 20th, April 2022