Sanlam Actuarial Trainee : Graduate role

Apply now »

Date: 27-May-2021

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.

Business Description

We’re in the business of planning for tomorrow. The never-ending pursuit of meticulously crafting our clients’ futures. We do this by truly appreciating the value of money and turning the materials we’re given into something more. It’s our trade and it is something we are passionate about. It’s what makes us Wealthsmiths™.

 

The Sanlam Retail Affluent (SRA) Actuarial team is driven by a vision to provide expert actuarial, business and risk management solutions to enable businesses to achieve their strategic objectives.

 

We drive this vision through a culture of high-performance, innovation, thought-leadership, proactivity and learning.

What will you do?

Under direct supervision, performs assignments of actuarial-related duties such as preparing, performing and analysing actuarial research and audits. Other duties include collecting data from various databases and performing standard mathematical calculations.

 

Position Description:

We offer opportunities to actuarial graduates who are looking to start their careers and qualify as actuaries. The Sanlam Actuarial Training Programme starts off with an unofficial ‘internship’ that lets you familiarise yourself with the inner workings of Sanlam by getting to know its products and systems. Once you have a good grasp of this, you will be exposed to more technical positions. We will help you develop your analytical abilities in order to further develop your actuarial skills.

 

Your actuarial exam results combined with your on-job performance will determine how quickly you progress and are exposed to more advanced areas of this side of Sanlam’s business.

 

Our comprehensive actuarial support programme includes great additional benefits such as:

  • Study time during work hours
  • Bursaries to complete your actuarial examinations
  • Financial rewards for passing your exams
  • Guidance and mentoring
     

What will make you successful in this role?

Requirements:

  • South African citizenship

 

Qualifications:

  • Bachelor’s Degree in Actuarial Science.
  • Must qualify for exemptions of at least six (6) Actuarial examinations by the time you graduate.

 

Knowledge and Experience:

  • Strong computer skills
  • Above-average Microsoft Office skills are non-negotiable

 

Key competencies for success:

  • Strong analytical ability and a structured approach to problem-solving
  • Team player
  • Ability to work accurately and with attention to detail
  • Good interpersonal skills
  • Integrity
  • Good written and verbal communication skills

Knowledge and Skills

Actuarial Problem Solving
Issues management
Attention to detail and accuracy

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: 31 July 2021

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.