Actuarial Analyst: Life and Non-Life Insurance
Santam Structured Insurance team has an exciting new opportunity available for an actuarial professional. The position is based in Sandton, Johannesburg.
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
BEHAVIOURAL COMPETENCIES
• Results orientated
• Self-starter, problem solver and finisher
• Planning and organising skills
• Balancing conflicting objectives
• Ability to see the bigger picture
WHO WE ARE:
Santam Structured Insurance is a specialist insurance structuring financial institution offering partners and clients individually designed financial solutions. The company uses a portfolio of on and offshore insurance licenses and a highly specialised skill set to create tailored financial solutions aimed at optimising capital structures and enhancing profitability.
Our success is rooted in our passion for our clients and everything we do is centered on our delivery of Insurance Good and Proper. We’re about people. People drive our business so it follows that we want to recruit the best people possible whether they work for us permanently or for a short time as temporary employees.
At Santam we are committed to transformation and embracing diversity. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society. In achieving our employment equity goals we give preference to applicants from the designated groups in alignment with the Divisions Employment Equity targets.
TIPS & TRICKS
Getting ready for your interview
There is not just one way to be successful at Santam, nor is there one way to interview with us. Interviewing is a two-way process - it helps us learn about you, and it helps you learn about us, our people, and what you could do here.
Santam has been officially recognised by the Top Employers Institute as a Top Employer 2024 for excellence in people practices. This is the eighth consecutive year that we have achieved this accolade.
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