Lifestyle Benefits Analyst

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Date: 15 May 2024

Location: Bellville, Western Cape, South Africa

Company: Sanlam Group

Who are we?

Sanlam Fintech is a newly established digital first business within the Sanlam Group on a mission to democratise financial advice and solutions for everyone across the African continent. We exist to pioneer inclusive financial confidence helping people build strong foundations to bridge the gap in generational wealth. Our culture is that of agility and constant deployment, we believe in learning fast, learning cheap and learning forward. Our aim is to provide a work environment where knowledge workers can accelerate the development of their ideas and bring innovation to market, at the same time provide compelling career and development proposition that will enable them to realise their dreams.

Position Overview

Sanlam L&R is looking for a behavioral scientist or financial specialist with a hybrid skillset across business, rewards and analytics to manage the Lifestyle Benefits function within the Product Team. This is an exciting role that allows the management and development of loyalty & rewards value propositions and behavioural science tools to improve key value for clients and product houses in the Sanlam Group.

What will you do?

The individual appointed to this position will be responsible for:

  • The development and management of a framework on client engagement and behaviour for rewards value propositions.
  • Build and maintain financial models to estimate and track usage and cost of lifestyle benefits for internal and external purposes.
  • Research new engagement opportunities and assist with business development to offer new loyalty & rewards benefits for key behavioural science outcomes.
  • Engage with stakeholders across our business to design and produce reports on financial performance of products with loyalty bonuses and belonging to loyalty members.
  • Assist in the development and execution of key functions within the Product Team to support the Sanlam L&R with analytical insights and management feedback.
  • Support Marketing, Sales & Operational functions with developing and driving personalised customer rewards value propositions
  • Business development skills including thinking out of the box in assisting with new partnerships for loyalty and Rewards.
  • Client and contract management on key benefit partnerships.


  • Bachelor’s in business science, data science, computer science or related field
  • Experience in financial modelling and behavioural science will be preferable.

Experience and Skills

  • A demonstrated history of financial management, modelling, budgeting and forecasting in a business environment.
  • Design thinking and business innovation.
  • Strong analytical and problem-solving skills, with the ability to make data-driven decisions.
  • Experience querying databases and using statistical computer languages when managing data: (eg. R, Python, SQL, etc.)
  • Experience visualizing/presenting data for stakeholder use.
  • Proven track record in partnership engagement
  • Excellent communication and presentation skills, with the ability to influence and negotiate with stakeholders.


What will make you successful in this role?

  • Enjoys applying technical and analytical knowledge to visualize business outcomes and client engagement.
  • Organized and self-starter: Mature professional with high standards for quality and quantity of delivering impactful business results.
  • Team player with a pro-active approach and enjoys open and honest communication.
  • Problem solver: Enjoys challenges and applies pragmatic thinking towards collaborating on solving complex business problems.
  • Fast technical learner: Has a good approach towards learning and understanding new technologies and its business application.

Knowledge and Skills

Company research and analysis/fixed interest/alternative investments/property
Rank companies within industry
Recommendations and presentation of results
Financial Modeling
Investment monitoring and compliance

Personal Attributes

Business insight - Contributing independently
Financial acumen - Contributing independently
Decision quality - Contributing independently
Self-development - 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 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

Being resilient - Contributing independently
Collaborates - Contributing independently
Customer focus - Contributing through others
Cultivates innovation - Contributing through others
Drives results - 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. 

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.

Apply now »