Job Description

Who are we?

Sanlam was established as a life insurance company in South Africa but has since transformed into a diversified financial services group that operates across the African continent, India, Malaysia and selected developed markets, with listings on the Johannesburg, A2X and Namibian stock exchanges. In 2018 the Group celebrated its centenary as well as 20 years since demutualisation and listing in South Africa and Namibia. Sanlam is one of the 50 largest internationally active insurance groups in the world with a presence in 43 countries and has the biggest non-banking financial services footprint on the African continent.
The Group's five business clusters (Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets, Sanlam Fintech and Santam) house the Group's business operations. The Group provides strategic direction and support to the clusters, assisting them in realising their strategies and meeting their business objectives. The Group Office is responsible for governance and for the Group's centralised functions, which include: Finance, Actuarial and Risk Management, Strategy, Human Resources, Market Development and Brand Services.

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.

What will you do?

This role exists in our centralised Sanlam Life and Savings Compliance function where we focus on providing effective fraud risk management services to Sanlam Corporate, Sanlam Retail Mass and Sanlam Retail Affluent as well as the Fintech cluster. In this position you will work with the Fraud specialists in the cluster team who will mentor, guide and support you during the internship period.
This role exists in our Sanlam Life and Savings: Forensic Services department that focuses on providing effective fraud risk management services to all business clusters serviced. The role will entail the investigation of a broad spectrum of incidents relating to allegations and suspicions of fraud, unlawful conduct, financial crime and other breaches of the Code of Ethical Conduct in accordance with professional standards.

What will make you successful in this role?

This role offers you the opportunity to apply your graduate skills in a practical environment with the aim to support your professional development. Most tasks and responsibilities will require your dedicated contribution as part of a team, but individual initiative will be encouraged. Duties will include:

• Assist with performing preliminary investigations through proper planning, fact-finding by gathering of information and evidence, as well as the analysis and the identification and linking thereof to transgressions.
• Assist with administration of cases on our forensics system and reporting.
• Assist with the development, testing and implementation of fraud detection algorithms that will be applied to existing and new policies throughout the existence of those policies in the Sanlam Database.
• Assist with using existing technologies in developing fraud detection models for the Clusters that are supported by Forensics.

Qualification and Experience

• Commercial or legal degree.

Internship criteria

To qualify you:

• must be between the ages of 18-34
• should not have any previous working experience in a large corporate
• should not have been already or previously included in another Inseta Internship funded programme.

Knowledge and Skills

• Computer literate in MS Office which includes Microsoft Word, Excel & PowerPoint and Outlook
• A basic understanding and knowledge of fraud management or applicable South African law will be advantages' although not a prerequisite.

Behavioral Competencies

• Accepting new opportunities and tough challenges with a sense of urgency, high energy and enthusiasm, and attention to detail.
• Using a combination of feedback and reflection to gain productive insight into personal strengths and weaknesses.
• Planning and prioritising work to meet commitments aligned with organisational goals.
• Knowing the most effective and efficient processes for getting things done, with a focus on continuous improvement.
• Self-motivated, uses initiative, eager to learn, passionate.

Core Competencies

Being resilient - Contributing dependently

Customer focus - Contributing dependently

Collaborates - Contributing dependently

Cultivates innovation - Contributing dependently

Drives results - Contributing dependently

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.

Contact person

Contact Asisipho Myoli at Asisipho.Myoli@sanlam.co.za

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