Group Risk Actuary (Based in either Tygervalley or Sandton) at Sanlam Group

What will you do?

• The role will report to the Group Risk and Reinsurance Actuary. The role will give the successful candidate exposure to a wide range of actuarial disciplines, different people and cultures, and a broad range of products and businesses in Africa across the SanlamAllianz Life portfolio.

What will make you successful in this role?

The successful candidate will be responsible for building out SanlamAllianz Life Group Risk product support. This will include: 

• Support the local SanlamAllianz businesses with strategies to scale the group risk portfolios profitably
• Develop and maintain relationships with key stakeholders in local businesses
• Group risk pricing support and the governance thereof, experience rating and technical marketing 
• The development of new and revision of existing group risk products and riders 
• Ensure effective engagement on group risk product matters within SanlamAllianz Life portfolio businesses and support teams 
• Develop and maintain relationships with Sanlam Corporate in South Africa to stay close and apply best of class practices around group risk products across the SanlamAllianz Life portfolio
• Working closely with the SanlamAllianz Life Distribution support function and develop innovative solutions for new market segments and multinational clients
• Working closely with the SanlamAllianz Life IT and Operation support function to ensure effective operational processes, systems and procedures for group risk products
• Collaborating with the SanlamAllianz Life Operations team to develop an experience rating capability aimed at establishing and maintaining a competitive and profitable pricing framework
• Collaborating with the SanlamAllianz Life Reporting team to ensure correct reporting of group risk products

Qualification and Experience

• Qualified actuary with a strong preference for experience in group risk pricing

Personal Attributes and Competencies

• Experience of group life insurance products would be advantageous
• Proficiency in Microsoft Office
• Good verbal and written communication skills, as well as excellent people skills to manage relationships with business stakeholders
• Strong analytical and conceptual thinking
• Ability to work independently, take initiative and meet deadlines
• Self-management skills, including the ability to prioritize tasks and hold oneself and others accountable
• A strong commitment to achieving results coupled with a positive attitude