Manager: SRA and SC Modelling

What will you do?

Role Description

Are you a critical thinker and problem‑solver who enjoys optimising processes and building efficient systems? Do you want to work at the forefront of new actuarial and regulatory developments? Then a career in modelling may be for you. This role sits within a dedicated internal actuarial modelling team that supports the broader valuation process. We are looking for an inquisitive, technically minded individual who enjoys designing, improving, and automating processes—particularly where repetitive or complex tasks can be streamlined. Work is primarily performed using Prophet, although the team regularly engages with additional tools and programming languages. We actively look for opportunities to improve how we work and are open to experimenting with new technologies, including the use of AI, to enhance efficiency, automation, and model governance where appropriate. A key focus of the role is ensuring strong model governance, robustness, and efficiency across the valuation model suite. This is an excellent opportunity to be closely involved in significant industry developments and to help translate these changes into practical, well‑controlled valuation models. Your responsibilities will include assisting with the management of a team of technical modellers and mentoring team members to support their development and help achieve team objectives. These objectives include the creation, enhancement, maintenance, and review of the department’s actuarial Prophet models, as well as providing technical support to users of the Prophet modelling software.

Output/Core Tasks of SRA/SC modelling team:

• Develop, maintain, and enhance a suite of SRA and SC Prophet valuation models and related tools supporting the valuation process, solvency calculations, and associated regulatory        reporting
• Review, challenge, and refine model change specifications, ensuring solutions are robust, fit‑for‑purpose, and  aligned with business and regulatory requirements
• Perform rigorous testing and validation of model enhancements to ensure accuracy, stability, and outcomes that meet or exceed stakeholder needs
• Uphold strong model governance standards, including comprehensive documentation to support transparency, auditability, and long‑term sustainability
• Support the implementation of models into Production environments, delivering high‑quality outputs within agreed timelines and proactively engaging valuation teams to resolve issues where  required
• Conduct peer reviews of team members’ work, ensuring adherence to coding standards, model consistency, and best practice across different models 
• Contribute to ad‑hoc investigations and technical analyses within the SRA and SC Actuarial teams, providing insight and problem‑solving support as needed
• Act as a key point of contact for technical queries from Prophet users, including user support, onboarding of new users, and coordination of software or hardware upgrades supporting Prophet systems
• Collaborate with modelling specialists across the Sanlam business, including Pricing and other SRA teams, to support development and coordination on larger, multi‑model initiatives
• Lead or contribute to the development and implementation of models for new ventures, including ongoing support and reporting of monthly results until embedded in the reporting processes.

What will make you successful in this role?

Requirements:

Qualifications:
• Nearly or Qualified Actuary

Experience and skills:
• Proven actuarial modelling skills, ideally using Prophet
• Strong ability to understand, interpret and apply complex technical concepts
• Highly developed analytical and critical-thinking skills to diagnose issues, evaluate alternatives and recommend robust solutions
• Ability to lead and manage a small technical team, including mentoring, prioritising workloads and driving delivery
• Ability to work independently and with accountability to meet deadlines
• Excellent planning, organisation and delivery management skills to manage multiple workstreams simultanesously
• Good verbal and written communication skills
• Attention to detail and ability to critically review specifications, model changes and documentation for quality, consistency and compliance
• A positive, proactive mindset, with curiosity and commitment to continuous learning and development
• Familiarity with handling/analysing data in databases or experience in other programming languages e.g. Python could be advantageous
• Familiarity with AI tools and the effective use thereof in programming could be advantageous

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: Friday, 27 March 2026

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.

Our commitment to transformation