Posted on: 02 June 2023
ID 861463

Actuarial Analyst: Non-Life Insurance

What will you do?

Santam Structured Insurance team has an exciting new opportunity available for a non-life actuarial professional. The position is based in Sandton, Johannesburg.

We are looking for talented actuarial professional, with a specific focus on 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 life insurance actuarial calculations, deal-making and structuring arrangements.

What will make you successful in this role?
  • 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
Qualification 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
Core Competencies

Cultivates innovation - Contributing independently

Customer focus - Contributing independently

Drives results - Contributing independently

Collaborates - Contributing independently

Being resilient - Contributing independently

About The Company

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. Were 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.
Occupation:
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