Actuarial Specialist Full-time Job

### Purpose

The Actuarial Specialist is responsible for providing support to the actuarial team on various actuarial functions, including pricing, valuation, risk management, and capital management. This role requires a strong understanding of actuarial principles and techniques, as well as the ability to work independently and as part of a team.

### Responsibilities

* Assist with the development and maintenance of actuarial models and tools.

* Perform data analysis and prepare actuarial reports.

* Support the pricing of new products and services.

* Assist with the valuation of insurance liabilities.

* Monitor and manage actuarial risks.

* Assist with the development and implementation of capital management strategies.

* Keep up-to-date with actuarial trends and developments.

* Provide support to other members of the actuarial team.

* Assist in the design of product offerings and enhancements.

* Monitor and analyze competitor pricing and product strategies.

* Perform regular pricing reviews to ensure profitability and competitiveness.

* Support the development and implementation of reinsurance strategies.

* Assist in the preparation of regulatory filings and reports.

* Support the internal and external audit processes.

* Contribute to the development of actuarial standards and best practices.

* Participate in actuarial research and development projects.

### Minimum Requirements

* Bachelor's degree in Actuarial Science or a related field.

* Progress towards actuarial qualification (e.g., Fellow of the Actuarial Society of South Africa).

* 3-5 years of actuarial experience.

* Strong understanding of actuarial principles and techniques.

* Experience with actuarial modeling software.

* Excellent analytical and problem-solving skills.

* Strong communication and interpersonal skills.

* Ability to work independently and as part of a team.

* Proficiency in Microsoft Office Suite.

### Competencies

* Collaboration (Relating)

* Cultivating Innovation (Thinking)

* Client Focus (Relating)

* Execution (Doing)

* Impact and Influence (Relating)

* Strategic Thinking (Thinking)

* Driving Quality (Doing)

* Financial Acumen (Thinking)

Sanlam is a pan-African financial services group listed on the Johannesburg Stock Exchange. Through its cluster of businesses Life and Savings, Investment Group, Sanlam Emerging Markets, Santam, and Africa Retail Financial Services the group provides comprehensive and tailored financial solutions to individual, corporate and institutional clients across all market segments.