Actuarial Consultant

Sanlam; Merafong City Local Municipality; On-site; ZAR 300,000 - 450,000; Full time

Job summary

A financial services company based in Gauteng is seeking a motivated individual to join its Product Management team. The role involves actuarial duties, competitor analysis, and supporting new developments in investment solutions. Candidates should have a relevant degree and some experience in financial services. Strong analytical skills and the ability to work collaboratively are essential. Opportunities for growth and development are offered.

Qualifications

• At least two years' experience in financial services.
• Experience in life insurance and investments product development.
• Experience in actuarial pricing or valuations is advantageous.

Responsibilities

• Perform actuarial-related duties such as preparing and analysing research.
• Provide product management insights across solution sets.
• Analyse competitor products and pricing.

Skills

Actuarial Problem Solving

Attention to detail and accuracy

Analytical skills

Interpersonal skills

Education

Relevant tertiary degree

Studying towards an actuarial qualification

Job description

Who are we?

Glacier by Sanlam brings together leading experts and respected financial services companies to meet clients’ investment needs. We deliver focused investment services through specialist teams, partner with acclaimed financial intermediaries and pride ourselves on our superior products and solutions and high quality service. We offer a comprehensive range of investment solutions, designed to assist in the creation and preservation of wealth. Our offering encompasses local investments, including fixed term investments and investments with guarantees, international investments, retirement saving solutions, and retirement income solutions. While each solution has its own distinct purpose, they all share the world-class quality and commitment that have come to distinguish Glacier.

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.

What will make you successful in this role?

Job Purpose

Our dynamic Product Management team has many great plans and is looking for a self-motivated individual to join the team and help inform, develop and enhance our investment solutions.

Key outcomes

• Provide product management insights across solution sets, supporting new developments and enhancements of investment solutions in line with client needs and the business strategy;
• Analyse competitor products and pricing, in order to provide insights for developing and maintaining competitive product propositions.
• Analyse various levers of experience (e.g. mortality, persistency, investment) in order to identify trends and opportunities available in the market and potential risks to the business.
• Analyse product related data from various sources to assess completeness and accuracy, identifying potential product experience irregularities, to ensure accuracy of client and product insights and analysis.
• Support research, new developments and enhancements through collaboration with various stakeholders.

Qualifications And Experience

• Relevant tertiary degree and studying towards an actuarial qualification
• At least two years’ experience in financial services
• Life insurance and investments/LISP product development experience.
• Experience in actuarial pricing or valuations would be an advantage
• You have a strong technical skill with an aptitude for analysis and solving problems.
• You are a driven individual and love to see results.
• You collaborate well to achieve results but are also comfortable working on your own when required.
• You enjoy engaging with people, and as a result you will excel at establishing relationships with stakeholders.

Competencies

• Client focus
• Cultivates innovation
• Collaborates
• Being resilient
• Drive results
• Strong technical skill with an aptitude for analysis and solving problems

Attributes

• You are able to juggle many tasks and be flexible if priorities change.
• You engage with people easily.
• Ability to influence positively through assertiveness.
• You value honesty, integrity, respect and authenticity.

Please submit your application by 30 September 2025.

Qualification And Experience

Degree and have passed 1-4 subjects and 0-2 years experience.

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 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

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.

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.