Actuarial Consultant: Actuarial Consulting Unit (ACU)

Role Description

The Actuarial Consulting Unit (ACU) focusses on:

• Automating and streamlining actuarial processes to improve efficiency and reduce the (human) effort required by the (normal) BAU production teams;
• Aligning disparate processes between different teams, clusters, and products within the actuarial domain;
• Facilitating the integration of new workflow items, such as those arising from acquisitions, into standard processes;
• Conducting ad-hoc analyses and investigations as requested by various stakeholders.
• Providing relief and support to production teams when bottlenecks occur.
• Identifying, researching, and implementing value-add initiatives to enhance actuarial operations.
• Productionizing value-add initiatives, including those developed by the Business Intelligence (BI) analytics team.
• Improving the format and insights derived from reporting processes and reports;

What will you do?

SLS Risk and Balance Sheet management is looking for a talented and creative actuary to join the team.

The role will fit into the Actuarial Consulting Unit and responsibilities will therefore include:

• Providing actuarial expertise to support the development of rewards and banking solutions within the Sanlam FinTech cluster.
• Automating and optimizing actuarial processes.
• Assisting with ad-hoc consulting projects across the various SLS Actuarial teams:
• • Product Development and Pricing
  • Risk and Balance Sheet Management
  • Actuarial Reporting
  • Business Intelligence
  • Regulatory and Development
  • Actuarial HR and Support

What will make you successful in this role?

Qualifications:

•    Qualified Actuary

Experience and skills:

The following would be advantageous:

• Strong technical ability (Excel, VBA, PowerQuery, SQL, Python or similar).
• Experience in the banking sector.
• Experience in designing and implementing rewards programs.
• Experience and knowledge of the growing FinTech sector.
• IFRS 17 knowledge and experience.
• Broad knowledge base of Sanlam and SLS Actuarial.
• Understanding of insurance products, including their risks and value drivers (i.e. IFRS profit, Embedded Values etc.)

Knowledge and Skills

Personal Attributes

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.

Core Competencies

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: 10 December 2025

Our commitment to transformation