Actuarial Consultant Reporting

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Date: 03-May-2022

Location: Bellville, Western Cape, South Africa

Company: Sanlam Group

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?


Output/Core Tasks:


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

  • Compiling and presenting of solvency results as required by the Financial Soundness Standard for Insurers. 
  • Integrating liability databases into the solvency reporting process. 
  • Continuous improvement and automation of existing processes. 
  • Other ad-hoc tasks such as investigations into solvency changes, stress tests and ICS calculations that may be required. 

What will make you successful in this role?


Role Requirements:



  • Nearly qualified Actuary 


Experience & Knowledge:

  • Actuarial modelling and data analytic skills
  • Knowledge and understanding of life insurance products 
  • 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


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 : 27 May 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.