Job Description

Who are we?Sanlam was established as a life insurance company in South Africa but has since transformed into a diversified financial services group that operates across the African continent, India, Malaysia and selected developed markets, with listings on the Johannesburg, A2X and Namibian stock exchanges. In 2018 the Group celebrated its centenary as well as 20 years since demutualisation and listing in South Africa and Namibia. Sanlam is one of the largest internationally active insurance groups in the world with a presence in 31 countries and has the biggest non-banking financial services footprint on the African continent.The Group's five business clusters (Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz and Santam) house the Group's business operations. The Group Office provides strategic direction and support to the five clusters, assisting them in realising their strategies and meeting their business objectives. The Group Office is responsible for governance and for the Group's centralised functions, which include: Finance, Actuarial and Risk Management, Strategy, Human Resources, Market Development and Sustainability.What will you do?The role is within the Sanlam Group Balance Sheet Management function. The candidate will assist in the implementation of the data strategy and providing balance sheet and risk insights to enable and Group Balance Sheet Management and Group Risk teams to effectively and holistically manage and monitor the balance sheet exposures and to enhance reporting to Sanlam's Chief Actuary and Chief Risk Officer, the wider Group Actuarial team and other stakeholders. This includes sourcing the required data from different sources, maintaining the data infrastructure, manipulating data, developing and maintaining models.What will make you successful in this role?

• Responsible for utilising data science to deliver value to our clients and business.
• Assesses the effectiveness and accuracy of new data sources and data gathering techniques.
• Enhance data collection procedures to include information that is relevant for building analytic systems
• Provides statistical analysis, forecasting, predictive modelling, simulation, machine learning and optimisation to discover trends, opportunities and threats. Findings should be shared regularly with business users using data visualisation techniques, in a collaborative fashion.
• Proposes solutions and strategies to business challenges
• Remains current with developments in data science technology and methodologies. Must have proficiency in Meta language. Must be proficient in SQL. Requires moderate supervision.
• Under general supervision, performs assignments of actuarial-related duties such as consolidating, forecasting and scenario testing Group Equity Value and Solvency metrics.

Qualification and Experience

• Quantitative Degree in BSC Mathematics, Actuarial Science or Engineering
• Experience in data analytics, data management and model building and working on various data systems
• 2+ years experience in Financial Services (Insurance would be advantageous)
• Understanding of balance sheet related items
• Experience in programming languages such as Python, SQL, VBA and data visualization tools such as PowerBI
• Ability to adapt and learn new technologies

Knowledge and SkillsIT Data AnalysisData MiningAdvanced analytics to address business requirementsNew technologies and methodologiesPredictive AnalyticsPersonal AttributesInterpersonal savvy - Contributing independentlyDecision quality - Contributing independentlyOptimises work processes - Contributing independentlyPlans and aligns - Contributing independentlyBuild a successful career with usWe'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 five business clusters - Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office - the group provides many opportunities for growth and development.Core CompetenciesBeing resilient - Contributing independentlyCollaborates - Contributing independentlyCultivates innovation - Contributing independentlyCustomer focus - Contributing independentlyDrives results - Contributing independentlyTurnaround timeThe shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.The closing date for applications is 05 March 2025.Our commitment to transformationThe Sanlam Group 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. The Group's Employment Equity plan and targets will be considered as part of the selection process.

Sanlam