Business Analyst

Bellville, Cape Town, South Africa

Job Description

Who are we?
Sanlam Corporate forms part of the Sanlam Group which offers retail and corporate life insurance, health and investment products in South Africa. Our vision is to be the preferred partner to Corporate and Public Sector by providing an awesome client experience and comprehensive solutions that enable the financial resilience and prosperity of those entities and their employees. We tap into over 100 years of expertise to provide cost-effective Employee Benefits and Healthcare Solutions that enable financial confidence for our members. We enable our clients to make better retirement and risk decisions today through determined and passionate thought leadership and best-in-class people, innovative products and proven processes all designed to help people live a better life tomorrow.
We believe in creating and cultivating a positive, energised working environment that gives every individual the opportunity to achieve success by embracing diversity and growing our talent.
Purpose of the Role
If you are a talented Business Analyst you will join our dynamic Sanlam Corporate IT team in Bellville, Cape Town. The role will give you exposure to the retirement, investment and group risk industry. You will report to the Platform Owner and work closely with the Product Owner in assisting the team in meeting their objectives in terms of business continuity while driving innovation and client centricity.
Key Responsibilities

  • Understand business requirements.
  • Determine, map and document 'As-Is" processes and then define "To-Be" processes.
  • Business engagements and work closely with all stakeholders across IT and business.
  • Ensure that the business needs are defined and that the most appropriate solution is selected and implemented.
  • Works in an agile environment to determine and deliver epics, features and user stories.
  • Maintains the agile backlogs accordingly.
  • Defines business cases as required.
  • Defining and executing test cases and facilitates business acceptance testing.
  • Active member in delivery/agile sprint - Epic/Feature/user story articulation and delivery.
  • Leverage SAFe practices and Agile methodologies to facilitate requirement gathering, backlog refinement, and user story creation; experience in these frameworks will be highly advantageous for driving collaboration and delivering value in an iterative manner.
Qualifications and Experience
  • Matric.
  • Relevant tertiary qualification/certification in IT.
  • Relevant Development Certifications: Agile and/or BA Certifications are highly advantageous.
  • 3-5 years hands-on business analysis experience.
  • Insurance industry experience required (preferably within an Employee Benefits and Group Life environment).
  • 2 years' experience working in an agile environment.
  • MS Office (Word, Excel, PowerPoint, Visio).
  • Scripting knowledge (advantageous).
  • Jira, Miro & Confluence (advantageous).
  • Mathematical and statistical modeling for pricing and forecasting. (advantageous).
  • Strong understanding of financial mathematics and insurance product structures.
  • Experienced in interpreting actuarial inputs and translating them into business-friendly pricing logic for group risk and retirement products.
  • Adept at using tools such as Excel (advanced formulas, pivot tables, solver), SQL and data-driven decision-making.
  • Exposure to regulatory frameworks (FSCA, TCF).
  • Familiarity with calculation engines or rules-based systems (e.g. Corticon).
Knowledge and Skills
  • Business Requirements: Ability to gather, document, and validate business requirements, ensuring alignment with business goals and system functionalities.
  • Map Out Requirements with Business: Skilled in collaborating with business stakeholders to map out detailed requirements and drive features from concept to delivery.
  • Drive Features End-to-End: Experience in managing the development and implementation of features, ensuring they meet business expectations throughout their entire lifecycle.
  • Problem Solving: Strong problem-solving skills to identify issues, analyze root causes, and develop effective solutions to improve business processes and system functionality.
  • Process Mapping: Proficient in creating and interpreting process maps to identify inefficiencies and suggest improvements.
  • Stakeholder Communication: Strong communication skills to effectively facilitate discussions, document requirements, and present updates to stakeholders.
  • Quality Assurance: Experience in implementing quality assurance processes to ensure systems meet business requirements and compliance standards.
Core Competencies
  • Cultivates Innovation by creating new and better ways for the organisation to be successful.
  • Client Focus - Building strong customer relationships and delivering customer-centric solutions.
  • Drives Results - Consistently achieving results, even under tough circumstances.
  • Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.
  • Resilience - Rebounding from setbacks and adversity when facing difficult situations
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 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.

Skills Required

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Job Detail

  • Job Id
    JD1653030
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bellville, Cape Town, South Africa
  • Education
    Not mentioned