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Group Risk Actuary (Based in either Tygervalley or Sandton)

Group Risk Actuary (Based in either Tygervalley or Sandton)

Sanlam GroupZA
24 days ago
Job type
  • Full-time
Job description

Job title : Group Risk Actuary (Based in either Tygervalley or Sandton)

Job Location : Western Cape, Deadline : January 04, 2025 Quick Recommended Links

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What will you do?

  • The role will report to the Group Risk and Reinsurance Actuary. The role will give the successful candidate exposure to a wide range of actuarial disciplines, different people and cultures, and a broad range of products and businesses in Africa across the SanlamAllianz Life portfolio.
  • What will make you successful in this role?

    The successful candidate will be responsible for building out SanlamAllianz Life Group Risk product support. This will include :

  • Support the local SanlamAllianz businesses with strategies to scale the group risk portfolios profitably
  • Develop and maintain relationships with key stakeholders in local businesses
  • Group risk pricing support and the governance thereof, experience rating and technical marketing
  • The development of new and revision of existing group risk products and riders
  • Ensure effective engagement on group risk product matters within SanlamAllianz Life portfolio businesses and support teams
  • Develop and maintain relationships with Sanlam Corporate in South Africa to stay close and apply best of class practices around group risk products across the SanlamAllianz Life portfolio
  • Working closely with the SanlamAllianz Life Distribution support function and develop innovative solutions for new market segments and multinational clients
  • Working closely with the SanlamAllianz Life IT and Operation support function to ensure effective operational processes, systems and procedures for group risk products
  • Collaborating with the SanlamAllianz Life Operations team to develop an experience rating capability aimed at establishing and maintaining a competitive and profitable pricing framework
  • Collaborating with the SanlamAllianz Life Reporting team to ensure correct reporting of group risk products
  • Qualification and Experience

  • Qualified actuary with a strong preference for experience in group risk pricing
  • Personal Attributes and Competencies

  • Experience of group life insurance products would be advantageous
  • Proficiency in Microsoft Office
  • Good verbal and written communication skills, as well as excellent people skills to manage relationships with business stakeholders
  • Strong analytical and conceptual thinking
  • Ability to work independently, take initiative and meet deadlines
  • Self-management skills, including the ability to prioritize tasks and hold oneself and others accountable
  • A strong commitment to achieving results coupled with a positive attitude
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