Manager: Analysis Actuary

Sanlam; Bellville; On-site; ZAR 600,000 - 800,000; Full time

Job summary

A leading financial services provider in Bellville seeks an experienced actuary to manage the Experience Investigation reporting process. The ideal candidate will possess actuarial qualifications and have 3-4 years of life insurance industry experience. Proficiency in Python, R, SQL, and strong analytical skills are essential. This role offers opportunities for personal development and progression in a collaborative environment.

Benefits

Opportunities for growth and development

Inclusive workplace

Supportive environment for self-development

Qualifications

• Experience or knowledge of Sanlam's life insurance products will be an advantage.
• The combination of actuarial and data science experience will be an advantage.
• Ability to work independently and meet deadlines.

Responsibilities

• Manage the Experience Investigation reporting process.
• Collaborate on the ideal operating model for actuarial investigations.
• Ensure the Experience Investigation operating model delivers business value.

Skills

Python

R

SQL

Statistical forecasting

Analytical thinking

Leadership

Education

Qualified or nearly qualified actuary (FASSA)

3-4 years in the life insurance industry

Tools

MS Office

Business Intelligence platforms

Job description

Overview

Sanlam Life and Savings (SLS) is focused on serving our retail and corporate clients in South Africa and further developing our strategic advantages in the South African market. Sanlam Life and Savings consists of the following business units Retail Mass, Corporate, Risk and Savings, Glacier and various business enabling functions. The Sanlam Life and Savings Office provides strategic direction, coordination and support to the four clusters, as well as performing governance oversight that includes assurance provided by second line of defense functions in SLS, to enable us to meet our business objectives.

What will you do?

The experience investigations team is responsible for delivering business insights through retrospectively looking at claims and persistency experience. The team is also one of the few within the broader Sanlam Group to be a custodian of a BI asset. The vision for the team is to fully digitalise our processes, and also to further enable consumption of new age statistical/actuarial techniques to add business value.

Output/Core Tasks:

• Manage, own and enhance the Experience Investigation reporting process within SRS/Glacier Actuarial to deliver valuable insights for the businesses that we serve
• Collaborate to define, create and realise the ideal operating model for actuarial experience investigations in the context of a new business intelligence (BI) platform
• Liaise and engage with stakeholders from Sanlam Group BI to ensure the efficient running of the experience investigations operation model
• Ensure the Experience Investigation operating model delivers business value
• Maintenance of the Experience Investigation model
• Automation and optimisation of legacy processes
• Assist with ad-hoc actuarial analyses on special projects
• Collaborate in the wider SLS teams working on special projects
• Regular engagement with senior management on the performance of the business
• Deliver analytical-, business- or projection models as required from special projects
• Research data science/statistical techniques and their application in an actuarial context

What will make you successful in this role?

Qualifications:

• Qualified or nearly qualified actuary (FASSA)
• 3-4 years in the life insurance industry

Experience and skills

• Experience / knowledge of Sanlam’s life insurance products will be an advantage
• Leadership and managerial qualities
• Python, R, SQL experience or knowledge of advanced analytics
• Keen interest in advanced predictive modelling capabilities
• Comfortable building and implementing statistical forecasting models
• The combination of actuarial and data science experience will be an advantage
• Comfort working with and interrogating big data sets
• Strong operational process focus
• Good verbal and written communication skills
• Good attention to detail
• Ability to work independently, take initiative and meet deadlines
• Strong analytical and conceptual thinking
• Good MS Office skills (Word, Excel)
• Knowledge seeking/learning orientation

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.

Closing date: 20 September 2025

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.