14 Jan 2021

Full-Time Actuarial Modeller by Sanlam

Sanlam – Posted by JobdirectaSouthAfrica Staff Guateng

Job Description

Under direct supervision, performs assignments of actuarial-related duties such as preparing, performing and analysing actuarial research and audits. Other duties include collecting data from various databases and performing standard mathematical calculations.

Output/Core Tasks

  • Maintenance and development of Prophet models (and related tools) used in the valuation process, solvency calculation and balance sheet projections
  • Review and enhance specifications for model changes
  • Unit and regression testing of model changes
  • Documentation of model changes and tests
  • Support with the implementation of models
  • Peer review of specifications, model changes and documentation
  • Assistance with ad-hoc tasks and investigations
  • Focus will be mainly on the Prophet model used for SRA’s individual life risk products (incl Matrix product range)
  • As part of the Reporting team, you will also have the opportunity to contribute to the enhancement of actuarial valuation processes
  • Over time, you will gain an in-depth knowledge of the risk product range and the analysis and interpretation of results produced by the models.

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What will make you successful in this role?


  • Actuarial student (good progress with subjects will be an advantage).

Experience And Skills

  • Long term commitment to modelling work
  • Strong modelling skills, ideally using Prophet software
  • Ability to understand complex and technical concepts
  • Strong analytical thinking skills
  • Ability to work independently and meet deadlines
  • Excellent planning and organizational skills
  • Good verbal and written communication skills
  • Ability to peer review specifications, model changes and documentation
  • Willingness and eagerness to learn
  • Familiarity with handling/analyzing data in databases or related programming languages would be useful

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Job Categories: Sales and Marketing Jobs in South Africa. Job Types: Full-Time. Job Tags: Sanlam job vacancies in SA. Salaries: GHS 8,000 - 10,000. Prominent words: ability, duties, review, skills, and specifications.


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