Actuarial Modeller

at Sanlam
Location Cape Town, South Africa
Date Posted Sep 17, 2020
Category IT Jobs
Job Type Full-time


Maintain and implement the SEM Prophet models – code and documentation

Ensure model governance for valuation and EV reporting purposes

Assist the product/pricing team with modelling requirements of new products

Close interaction with in-country and SEM actuarial teams

Co-ordinate and oversee the roll-out of Prophet upgrades and licenses to the various businesses.

Enforce coding and documentation standards for updates received from e.g. SEM product/pricing team and in-country teams

Align current models with central SEM model

Assist with modelling specs and test input data

Preparation of modelling sign-off packs to both internal and external auditors

Ad hoc tasks/investigations to ensure and improve overall quality of models

What will make you successful in this role?

Senior actuarial student with at least 12 actuarial credits – preferably F102 included

Prophet, DCS and programming experience is essential

A good working knowledge of life insurance principles

Qualification and Experience
Degree and have passed 9-12 subjects and minimum of 2 years experience.
Knowledge and Skills
Actuarial Problem Solving
Issues management
Attention to detail and accuracy
Personal Attributes
Self-development - Contributing independently
Interpersonal savvy - Contributing independently
Nimble learning - Contributing independently
Tech savvy - Contributing independently
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