Sanlam Life and Savings (SLS) is focused on serving our retail and corporate clients in South Africa and further developing our strategic advantages in the South African market. Sanlam Life and Savings consists of the following business units Retail Mass, Corporate, Risk and Savings, Glacier and various business enabling functions. The Sanlam Life and Savings Office provides strategic direction, coordination and support to the four clusters, as well as performing governance oversight that includes assurance provided by second line of defense functions in SLS, to enable us to meet our business objectives.
What will you do?
Output/Core Tasks include:
Setting up reporting processes for new acquisitions
Provide support to the Head: SLS MI Actuarial Reporting.
Experience investigations and basis setting
Other strategic projects within SLS Actuarial reporting
As per the nature of the reporting requirements of the new acquisitions certain reporting deliverables might become permanent output
What will make you successful in this role?
Requirements:
Qualifications:
Qualified Actuary
Experience and skills:
Good understanding of insurance products
Individual Life insurance valuations experience
Prophet experience will be an advantage
IFRS17 experience
Good verbal and written communication skills to manage relationships with business stakeholders
Ability to work independently, take initiative and meet deadlines
Strong analytical and conceptual thinking
Good MS Office skills (Word, Excel)
Knowledge seeking/learning orientation
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 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.
The 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.
Closing date: 7 March 2025
Our commitment to transformation
The 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.
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