Job Description

Who are we?

The Sanlam Retail Affluent business (SRA) is dedicated to empower South Africans in the middle- and upper-income segments to be financially confident, secure and prosperous. With deep client understanding and a focus on excellence in technology, client and intermediary experiences, SRA delivers financial solutions including comprehensive financial planning, life- and disability insurance, credit solutions, savings and investments, retirement and fiduciary services that can be accessed through various platforms.

What will you do?

The experience investigations team is responsible for delivering business insights through retrospectively looking at experience. The team is also one of the few within the broader Sanlam Group to be a custodian of a Business Intelligence (BI) asset. The vision for the team is to fully digitalise our processes, and also to further enable consumption of new age statistical/actuarial techniques to add business value.

Output/Core Tasks:

• Manage, own and enhance the Experience Investigation reporting process within SRA Actuarial to deliver valuable insights for the businesses that we serve (SRA and SRM)
• Collaborate to define, create and realise the ideal operating model for actuarial experience investigations in the context of a new business intelligence (BI) platform
• Liaise and engage with stakeholders from Sanlam Group BI to ensure the smooth running of the experience investigations operation model
• Ensure the Experience Investigation operating model delivers business value
• Maintenance of the Experience Investigation model
• Assist with ad-hoc actuarial analyses on special projects
• Collaborate in the wider SPF teams working on special projects
• Regular engagement with senior management on the performance of the business
• Deliver analytical-, business- or projection models as required from special projects
• Research data science/statistical techniques and their application in an actuarial context

What will make you successful in this role?

Requirements:

Qualifications:

• Actuarial, Data Science or other relevant degree
• At least 3 years experience in the life insurance industry
• Good progress with actuarial exams

Experience and skills:

• Experience / knowledge of Sanlam's life insurance products will be an advantage
• SAP HANA, R, SQL experience or knowledge of advanced analytics
• The combination of actuarial and data science experience will be an advantage
• Comfort working with and interrogating data
• Strong operational process focus
• Good verbal and written communication skills
• Good attention to detail
• Ability to work independently, take initiative and meet deadlines
• Strong analytical and conceptual thinking
• Good MS Office skills (Word, Excel)
• Knowledge seeking/learning orientation

Personal Attributes

Self-development - Contributing independently

Interpersonal savvy - Contributing independently

Nimble learning - Contributing independently

Tech savvy - Contributing independently

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 four business clusters - Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets, Santam, as well as MiWay and the Group Office - the group provides many opportunities for growth and development.

Core Competencies

Cultivates innovation - Contributing independently

Customer focus - Contributing independently

Drives results - Contributing independently

Collaborates - Contributing independently

Being resilient - Contributing independently

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.

Closing Date: 25 September 2023

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.

Sanlam