Head of Actuarial Function - Group Risk Lead (Life)

Sanlam; Cape Town; On-site; ZAR 2,500,000 - 4,000,000; Full time

Job summary

Sanlam in South Africa seeks a Head of Actuarial Function for SanlamAllianz (SAZ). Based in Bellville or Sandton, the role supports second line risk, in-country actuarial work, and regulatory engagements. Lead actuarial standards and ensure sound pricing and reserves across businesses.

Key duties include reviewing liabilities, data quality, model assumptions, and risk policies, with occasional travel. Requires SA Actuarial Fellowship and practising certificate; strong communication in English is

Qualifications

• Fellowship or equivalent actuarial qualification with SA jurisdiction.
• Practising certificate or eligibility to be issued one.
• Strong knowledge of actuarial best practices and frameworks.

Responsibilities

• Review and attest to liabilities and capital requirements for SAZ and related businesses.
• Assess methodologies, data quality, experience vs best estimates.
• Oversee asset-liability management and underwriting risk policies.
• Provide input to regulatory discussions and industry bodies.
• Serve as statutory actuary where required and engage with external actuaries.

Skills

Strategic decision making

Analytical thinking

Excellent English communication

Negotiation

Environmental awareness

Education

Fellow of the Actuarial Society of South Africa

Actuarial practising certificate

Job description

Sanlam in South Africa seeks a Head of Actuarial Function for SanlamAllianz (SAZ). Based in Bellville or Sandton, the role supports second line risk, in-country actuarial work, and regulatory engagements. Lead actuarial standards and ensure sound pricing and reserves across businesses.

Key duties include reviewing liabilities, data quality, model assumptions, and risk policies, with occasional travel. Requires SA Actuarial Fellowship and practising certificate; strong communication in English is