Head of Actuarial for Life Insurance : Sandton

Who are we?

At SanlamAllianz, we are proud to be the largest pan‑African, non‑banking financial services organisation on the continent. With operations across 26 African countries (excluding South Africa), our diverse portfolio spans life insurance, general insurance, retail credit, health, bancassurance, and asset management. Guided by our core values of Innovation, Care, Integrity, and Collaboration , we are committed to realising our vision of being the most admired financial services group in Africa. We foster a high‑performance, energising, and inclusive culture where employees feel cared for, empowered, and challenged to deliver their best work. At SanlamAllianz, we believe that when people are inspired and supported, they live with confidence — and together, we achieve excellence.

What will you do?

The successful candidate will report to the SanlamAllianz Executive : Finance and Actuarial of Life Insurance. This role is responsible for leading and managing the delivery of regulatory, reporting and governance requirements of the SanlamAllianz Life Actuarial function in line with the overall SanlamAllianz requirements and processes. Furthermore, the role will contribute towards the team vision, supporting key strategic initiatives and driving successful implementation of key focus areas for the Actuarial function within the Life business. The role will need to work in partnership with and obtain buy‑in from country CFOs, actuaries and other central support functions and is expected to support in driving business results and excellence in performance.

The role provides exposure to a wide range of actuarial disciplines, interaction with diverse stakeholders and cultures across various jurisdictions, businesses and a broad range of products within the SanlamAllianz Life portfolio.

What will make you successful in this role?

The successful candidate will require a strong financial and actuarial technical background, strong interpersonal and stakeholder relationship management skills and the ability to apply this in a complex life insurance portfolio.

Key responsibilities will include :

Management and Statutory Reporting

• Manage high quality, time‑ous and adequate actuarial reporting for management and statutory purposes based on overall SanlamAllianz requirements.
• Specifically, manage the delivery of actuarial valuations, value of new business, embedded value (EV) and the analysis of EV earnings, capital requirements including SAM solvency.
• Manage the delivery of asset‑liability management.
• Manage the delivery of experience analyses.
• Manage and report on financial soundness, specifically capital requirements and return on capital.
• Manage the delivery of actuarial content into the SanlamAllianz life underwriting and reinsurance committee per the annual plan.
• Participation in and oversight of local actuarial committees.

Planning, budgeting and profitability management

Actuarial Governance

Strategic input, direction and alignment

Stakeholder engagement and relationship management

People Leadership and Management

Qualification and Experience

Knowledge and Skills

Personal Attributes

Core Competencies

Build a successful career with us

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.

Turnaround time

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.

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 the key components to ensure 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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