Actuarial Risk Analyst

at  Sanlam

QUALIFICATION AND EXPERIENCE

• BSc in Actuarial Science.
• 2 – 4 years’ actuarial experience.
• Short-term experience is valuable but not essential.

SKILLS

• Strong computer skills and proficient in MS Office (Excel, Access, VBA).
• Programming skills in VBA and Python would be an advantage.
• Strong communication and English writing skills.
• Excellent relationship building skills.
• Knowledge of the SAM framework would be an advantage.
• Inquisitive personality and the ability to think independently.
• Ability to challenge the status quo and suggest plausible alternatives.

WHAT WILL YOU DO?

An exciting opportunity exists for an Actuarial Risk Analyst at Santam to be part of the Risk Office. This position will be based at Santam’s Head Office in Bellville, Cape Town.
The role will cover model validation, enterprise risk management and regulatory reporting. The role will have a specific focus on the automation of processes within these areas and quantitative aspects of enterprise risk management. The candidate must have a keen interest in programming with preference given to candidates who have Microsoft VBA and Python programming experience.
The role will provide the successful candidate the opportunity to gain an in depth understanding of Santam’s capital models, enterprise risk management framework and be part of Santam’s automation journey.

WHAT WILL MAKE YOU SUCCESSFUL IN THIS ROLE?

• Run quarterly model validation tests and continuously improve the automation of model validation process.
• Review the adequacy and effectiveness of all internal model key controls.
• Assist the Financial Risk and Regulatory Reporting team to automate reporting processes.
• Support the Enterprise Risk Management team to perform quantitative analyses when needed, specifically focusing on underwriting and reinsurance.