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  • Posted: Aug 26, 2024
    Deadline: Not specified
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    Santam Limited is the largest short-term insurer in South Africa, with a market share in excess of 22%, providing short-term insurance products through broker networks and direct sales channels. The company was established in 1918 and offers personal, commercial, and corporate insurance solutions. Santam is a subsidiary of Sanlam Limited and has been listed ...
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    Actuarial Analyst: Life and Non-Life Insurance

    WHAT WILL YOU DO?

    • We are looking for talented actuarial professional, with a specific focus on life and/or non-life valuation and capital.
    • The successful candidate will be involved in first-line actuarial work including regulatory and financial reporting.
    • Working closely with the senior management team, the successful candidate will be key in the development and maintenance of actuarial models.
    • The scope includes performing actuarial calculations across various local and foreign insurance and reinsurance entities.
    • The successful candidate would also gain significant exposure to insurance actuarial calculations, deal-making and structuring arrangements.

    WHAT WILL MAKE YOU SUCCESSFUL IN THE ROLE?
    Duties will include, but not limited to:

    • First-line / corporate actuarial valuations
    • Regulatory capital calculations including forecasts under the ORSA
    • Production of management information, including reporting on risk appetite measures
    • Ad-hoc analyses – actuarial investigations as required from time to time

    QUALIFICATIONS AND EXPERIENCE

    • Minimum 1-year actuarial experience
    • University degree in actuarial science
    • Good progress with actuarial exams

    KNOWLEDGE AND SKILLS

    • Ability to work under pressure
    • Deadline driven
    • High attention to detail
    • Excellent interpersonal and communication skills 
    • Effective time management skills
    • Teamwork

    Method of Application

    Interested and qualified? Go to Santam Insurance on careers.sanlamcloud.co.za to apply

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