Sanlam L&R is looking for an actuarial student with a hybrid skillset across actuarial and analytics to manage the Lifestyle Benefit function within the Product Team. This is an exciting role that allows the management and development of behavioural science tools to achieve improved persistency, market share and risk outcomes for key product houses in the Sanlam group. This will enable Sanlam Fintech to offer enhanced client value and business outcomes.
What will make you successful in this role?
- The development and management of a framework on client engagement for each membership option and product house by tracking performance of various engagement tools.
- Build and maintain financial models to estimate and track usage and cost of lifestyle benefits for internal and external purposes.
- Research new engagement opportunities and assist with business development to offer new loyalty & rewards benefits for key behavioural science outcomes.
- Engage with stakeholders across our business to design and produce reports on financial performance of products with loyalty bonuses and belonging to loyalty members.
- Assist in the development and execution of key functions within the Product Team to support the Sanlam L&R with analytical insights and management feedback.
- Support Marketing, Sales & Operational functions with complex problem solving and metrics.
- Actuarial student or nearly qualified actuary
- Bachelors and/or Masters degree in data science, actuarial science, computer science or related field would be advantageous.
- A demonstrated history of applying actuarial science product development concepts in a business environment.
- Experience in life and/or short term insurance.
- Experience querying databases and using statistical computer languages when managing data: (eg. R, Python, SQL, etc.)
- Experience visualizing/presenting data for stakeholder use.
Actuarial Problem Solving
Actuarial Negotiation
Business knowledge
Business analysis
Personal Attributes
Business insight - Contributing through others
Self-development - Contributing through others
Tech savvy - Contributing through others
Interpersonal savvy - Contributing through others
Build a successful career with us
Were 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 four business clusters Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets, Santam, as well as MiWay and the Group Office the group provides many opportunities for growth and development.
Role based competencies
- Love for analytics & analytical tools: Enjoys applying technical and analytical knowledge to visualise business outcomes
- Organized and self-starter: Mature professional with high standards for quality and quantity of delivering impactful business results
- People skills: Enjoys working with other technical experts and actuaries. Open and honest communication and pro-active approach.
- Problem solver: Enjoys challenges and applies pragmatic thinking towards collaborating on solving complex business problems.
- Fast technical learner: Has a good approach towards learning and understanding new technologies and its business application.
Cultivates innovation - Contributing through others
Customer focus - Contributing through others
Drives results - Contributing through others
Collaborates - Contributing through others
Being resilient - Contributing through others
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.
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