Sanlam Job Vacancies in South Africa: Senior Analyst Actuarial Analysis

Posted on :

25 Jul, 2010

Category :

Vacancies South Africa

Sanlam is a leading financial services group in South Africa. We celebrated our 90th birthday in 2008. In nine decades Sanlam has set benchmarks for wealth creation, innovation and empowerment in South Africa. We have offices throughout South Africa and also have business interests elsewhere in Africa, Europe, India, Australia and the USA.

The Group demutualised in 1998 and Sanlam Limited then listed on the JSE Limited in Johannesburg and the Namibian Stock Exchange.

The Sanlam Group conducts its business through Sanlam Limited, the corporate head office and four business clusters. The corporate head office is responsible for the Groups’s centralised functions such as strategic direction, financial and risk management, marketing and communications, Group human resources and corporate social investment (CSI).

We provide financial solutions to individual and institutional clients. These solutions include individual, group and short-term insurance, personal financial services such as estate planning, trusts, home and personal loans, savings and linked products, investment, asset management, property asset management, stock broking, risk management and capital market activities.

JOB TITLE: Senior Analyst: Actuarial Analysis

DEPARTMENT: Sanlam Personal Finance: Actuarial: Head Office: Bellville

CLOSING DATE: 30 July 2010 before 12:00 (No late applications will be accepted)




1.The primary purpose of this role is to form a bridge between the

strategy formulation in the businesses in SPF and SEB and the technical

expertise in Actuarial.

2.To fulfil this purpose there will be three main deliverables in this


-Link of Solvency II between business and Actuarial:

,,-Communicate, train and advice business on Solvency II implications,

,,-Link business strategy to the actuarial specialists responsible for

implementing Solvency II

-Own the “use test” deliverable of Solvency II in SPF and SEB.

-Programme owner of Treating Customers Fairly (TCF) in SPF and SEB:

,,-Communication, training and advice on TCF.

,,-Communication with the Regulator.

-Continuous ad-hoc investigations to assist the businesses on optimising

their strategy.

,,-Predominant link will be the SSM function in the business. This

particular function will therefore be in close co-operation with

the SSM’s.

,,-Actuarial Analysis will be responsible for the calculations and

conclusions. The SSM function is responsible for the

implementation of recommendations.

,,-Ad-hoc investigations will cover the entire value chain, and cross

the various Regulatory licences.

,,-These investigations will have to leverage the technical capabilities

and resources in the wider Actuarial. In particular Prophet

modelling will be required.



1.An Actuarial qualification is a requirement.


1.(Practical) experience in a Business is highly recommended.

2.Ability to link the practical knowledge of the field to the

theoretical mathematical models inside Actuarial.


1.Thorough knowledge of Sanlam’s business practices.


1.Good communication skills.

2.Good presentation skills.

3.Strategic thinking.

4.Decision making.

5.Innovative thinking.

6.Influencing / gaining commitment.

7.Building and maintaining relationships.

8.Results driven.

9.Team success.


11.Advanced computer skills (MS-Office).

Job Application process

Please apply online by clicking on the “Apply for this position” link.

Should you not hear from us within three weeks after the closing date, please assume that your application has been unsuccessful.

For Employment Equity purposes, we require that race, gender and disability status be specified.

Promoting excellence and commitment towards Employment Equity.

Apply for this position Now or send us an Email: [email protected]

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