Actuarial Pricing Specialist | Based in either Tygervalley or Sandton

Date: 29 Apr 2026

Location:

Tygervalley, Western Cape, ZA

Company: Sanlam Group

Who are we?

At SanlamAllianz, we are proud to be the largest pan-African, non-banking financial services organisation on the continent. With operations across 25 African countries (excluding South Africa), our diverse portfolio spans life insurance, general insurance, retail credit, health, bancassurance, and asset management. Guided by our core values of Innovation, Care, Integrity, and Collaboration, we are committed to realising our vision of being the most admired financial services group in Africa. We foster a high-performance, energising, and inclusive culture where employees feel cared for, empowered, and challenged to deliver their best work. At SanlamAllianz, we believe that when people are inspired and supported, they live with confidence — and together, we achieve excellence.

What will you do?

The successful candidate will be responsible for taking a leading role in providing pricing support of retail products for businesses in SanlamAllianz Life. The role will cover pricing across both affluent and entry level / mass market products and will include the full spectrum of risk, retirement and investment products. Projects range from revamping existing products through repricing or adding new features to developing new products that are often first in the market.
Responsibilities of the role include:

• Pricing – Determining appropriate pricing basis and performing the pricing calculations in Prophet.
• Influence strategy – identify the unique risks and opportunities for each product and through pricing results empower businesses in SanlamAllianz to drive specific distribution, marketing and risk management strategies
• Documentation – Writing pricing reports clearly documenting the pricing process, assumptions and results.
• Drive pricing approvals – Engaging a wide range of stakeholders, including the Head of Actuarial function, to ensure an efficient approval process.
• Model handover - Supporting the Actuarial valuations and Prophet model development teams with the model implementation of new products.
• Process – Developing pricing and review tools to improve the processes of the SanlamAllianz Product Support team to promote efficient product development practices.
• On an ad-hoc basis support technical development of group risk products as well as client insights projects.

This role will involve working closely with Product Development Actuaries as well as actively engaging senior management from businesses, valuation teams, SanlamAllianz Modelling team and SanlamAllianz Head of Actuarial Function to ensure the requirements of various stakeholders are considered and appropriately addressed.

What will make you successful in this role?

Success in this role will be measured by the candidate’s ability to:

• Collaborate effectively with a wide range of stakeholders to develop optimal pricing solutions
• Solve complex problems that are encountered during the pricing process
• A willingness to learn
• Curiosity to investigate unique elements of each product
• Prioritise deliverables under pressure and manage expectations of various stakeholders to ensure SanlamAllianz’s strategic product objectives are met.

Qualification and Experience

• Qualified or nearly qualified actuary (maximum 2 exams outstanding)

Knowledge and Skills

• Product development and/or pricing experience preferable
• Prophet experience is essential
• Plans, prioritises and aligns to meet organisational goals
• Problem solving skills
• Technical pricing skills

Personal Attributes

• Strong analytical and conceptual thinking
• Ability to manage complexity and find simple solutions to complex problems
• Ability to work independently, take initiative and meet deadlines
• Good verbal and written communication skills to manage relationships with business stakeholders

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.

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

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 the key components to ensure 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.