[ref. p53319324] Sanlam - Reporting Specialist: Assupol Actuarial
Date: 6 Aug 2025
Location:
Bellville, Western Cape, ZA
Company: Sanlam Group
Who are we?
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.
Role Description
This role will focus largely on actuarial reporting responsibilities for Assupol Life, part of the Sanlam Retail Mass actuarial reporting cluster within SLS.
What will you do?
Setting up reporting processes- Setting up processes to calculate per product VNB, AoS and AoEV on an IFRS17 basis
- Testing and validation of results on Sanlam systems
- Provide support to the Head: Assupol Actuarial Reporting
- End to end delivery of reporting tasks (AoS, AoEV, VNB) on specific products within the Assupol range on a quarterly basis
- Responding to auditor queries
- Ad hoc queries or tasks
- Support experience investigations team where required to perform basis setting on an annual or ad hoc basis
- Support Regulatory reporting team where required
What will make you successful in this role?
Qualifications:
- Qualified/Nearly Qualified Actuary
Experience and skills:
- Good understanding of insurance products
- Individual Life insurance valuations experience
- Prophet experience will be an advantage
- IFRS17 experience
- Good verbal and written communication skills to manage relationships with business stakeholders
- 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 independentlyInterpersonal 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 independentlyCustomer 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: 27 August 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.