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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...
Read more about this company
Who we are
Safrican is a respected life insurer with a footprint in South Africa and a subsidiary in Eswatini. Safrican has over 2 million principle lives covered and more than 7 million lives assured, The Company has grown from strength to strength since 2004.
Job Purpose
To support the Actuarial Analysts in pricing and product development to ensure the financial stability of the Company. The pricing junior analysts will prepare and analyse data for pricing adequacy, product development and enhancement for the continued profitability.
Formal Qualifications
• BSc/BCom (Mathematics/Mathematical Statistics/Actuarial Science).
• Progress with actuarial exams would be beneficial
Working Requirements and Knowledge
• 1-year experience in the Life insurance industry would be beneficial but not a requirement.
• MSOffice (advanced Excel knowledge), VBA and SQL
Key Responsibilities
• Data clean-up for pricing and experience investigations
• Assisting Actuarial Analyst with quotes and renewals
• Monitoring of claims ratios
• Ad-hoc projects
Behavioural Competencies, Skills and attributes
• Ability to work independently, work across teams and collaborate with various stakeholders.
• Excellent analytical skills
• Good decision making and problem-solving skills
• Good communication skills
• Sound judgement
• Time management skills with reliability in terms of adherence to deadlines
• Ability to work under pressure
• Accuracy and attention to detail
• Accurate and efficient
• Proactive and disciplined
Our commitment to transformation
Safrican is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa. Safrican Employment Equity plan and targets will be considered as part of the selection process.
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