CAREER OPPORTUNITY

Santam’s Actuarial and Data Analytics team has an exciting new opportunity available for a general insurance professional. The position will be based at Santam’s Head Office in Bellville, Cape Town.

JOB DESCRIPTION

We are looking for highly professional individuals, with a specific focus on the personal and commercial lines businesses. The successful candidate will be accountable for actuarial functions which will contribute to the profitable development and financial results of the Group. Working closely with the senior management team across Product, Pricing, Underwriting and Claims Services you’ll contribute to the development and execution of the broader strategy. 

KEY ACCOUNTABILITIES Develop effective pricing and risk management strategies to balance profitability and growth Benefit tracking and performance monitoring of financial, underwriting and distribution indicators Create and maintain business reports to direct thought processes that drives action Contribute to the development and maintenance of the internal data assets to support pricing and other modelling initiatives Continuous process improvement and strategy evaluation Participate in strategic projects where actuarial input is required Support current underwriting segmentations models Interacting with distribution (sales) and claims with the objective of constantly incorporating market trends into the product solution value chain Supporting the development of product solutions for various market segments and channels Ad-hoc analysis - statistical investigations as required from time to time by the business QUALIFICATIONS AND EXPERIENCE Degree in either Mathematics, Statistics, Actuarial Science, Data Science or Computer Science. Non-actuarial candidates will also be considered even though the title of the position says Senior Actuarial Analyst. One to two years working experience, preferably in general insurance. Advanced computer literacy skills in one or more of the following: SAS, SQL, R, Python, Emblem etc. Strong modelling skills including experience in performing statistical investigations and building pricing / predictive models  Strong data management skills  Logical and analytical ability Self-starter, problem solver and finisher Good report writing and presentation skills Analysing 
  COMPETENCIES Attention to detail  Planning and organising skills  Collaborates  Client focus  Drives results  Flexibility and adaptability  Cultivates Innovation 
  ABOUT THE COMPANY

Santam is the market leader in the general insurance industry in Southern Africa. We are a large, diversified, expanding and transforming company and whilst based in South Africa, we are rapidly moving into a number of emerging markets, both in Africa and Asia. 

 

Our success is rooted in our passion for our clients and everything we do is centred 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.