Actuarial Consultant : Regulatory Reporting

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Date: 06-Jun-2022

Location: Bellville, Western Cape, South Africa

Company: Sanlam Group

Who are we?

Sanlam Life and Savings (SLS) is focused on serving our retail and corporate clients in South Africa and further developing our strategic advantages in the South African market. Sanlam Life and Savings consists of three clusters - Sanlam Corporate, Sanlam Retail Mass and Sanlam Retail Affluent. The Sanlam Life and Savings Office provides strategic direction, coordination and support to the three clusters, as well as performing governance oversight that includes assurance provided by second line of defense functions in SLS, to enable us to meet our business objectives.

What will you do?

Output/Core Tasks:

A perfect opportunity for a student looking to gain exposure to assets, database management and shareholder management. Your responsibilities will include:

  • Compiling and stressing assets from various sources in preparation for consolidation of solvency results as required by the Financial Soundness Standard for Insurers. 
  • Continuous improvement and automation of existing processes. 
  • Preparation of yield curves for use by product owners in determining liabilities.
  • Other ad-hoc tasks such as stress tests that may be required. 

What will make you successful in this role?

Role Requirements:



  • Actuarial student, preferably with CTs completed


Experience & Knowledge:

  • Actuarial modelling and data analytic skills
  • Excellent skills in Microsoft Office suite 
  • Prophet experience is advantageous 
  • Methodical approach to work 
  • Strong commitment to deadlines and sound time management 
  • Strong communication 
  • Attention to detail 
  • Strong analytical and conceptual thinking 
  • Desire to gain knowledge and develop processes


Personal attributes and Competencies:

  • Strong analytical and conceptual thinking
  • Strong technical and operational ability
  • Ability to work independently and meet deadlines
  • Good verbal and written communication skills
  • Good attention to detail
  • Results driven
  • Effective communicator of technical information
  • Innovative and conceptual thinking
  • Teamwork orientation
  • Building and maintaining relationships

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 : 30 June 2022

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.