Sanlam Group – Graduate 2020/2021

Actuarial Graduate

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Date: 18-Dec-2020

Location: Bellville, Western Cape, South Africa

Company: Sanlam Group

Who are we?

Sanlam Corporate Cluster comprises of the two existing businesses – Sanlam Employee Benefits (SEB) and Sanlam Health Management (SHM) and the soon to be established Sanlam Corporate Solutions. These businesses enhance our corporate business offering through providing integrated solutions for corporate clients both in South Africa and across the African continent by providing tailored solutions to targeted corporates.  Sanlam Employee Benefits Invetsments (SEBI) provides pre – and post – retirement investment solutions and services to retirement fund clients.  SEBI develops structured investment and annuity solutions and our guaranteed investments provide retirement fund members with smoothed, real returns and capital protection to protect and grow retirement savings. 

Who are we?

Our vision is to be the preferred partner to the Corporate and Public Sector by providing an awesome client experience and comprehensive solutions that enable the financial resilience and prosperity of those entities and their employees. We believe in creating and cultivating a positive, energised working environment that gives every individual the opportunity to achieve success, embracing diversity and committed to transformation. We do this through living our values of having the courage to be bold, care, collaboration and an intolerance for mediocrity. We’re 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. 

The overall purpose of the role

Sanlam Corporate offers opportunities to Actuarial Graduates who are looking to start their careers and qualify as Actuaries. The programme starts off with an unofficial ‘internship’ where you will learn about Sanlam’s products and systems. You will be assisted to enhance your analytical abilities in order to develop your actuarial skills.

What will you do?

Key Responsibilities 

•    assisting with the analysing of statistical data
•    assisting with computer modelling of statistics to determine potential risks
•    preparing presentations and reports
•    communicating under supervision findings to clients, managers and stakeholders
•    keeping abreast of financial developments in the business world

What will make you successful in this role?

Qualification and Experience

•    Degree in Actuarial Science + 6 or more exemptions

Knowledge and Skills

•    excellent numeracy
•    research and analytical ability
•    problem-solving ability
•    a good understanding of economics and of the legislation relating to financial services
•    attention to detail
•    high level of computer literacy, as specialised software may be used
•    written and verbal communication skills

Knowledge and Skills

Actuarial Problem SolvingIssues managementAttention to detail and accuracy

Personal Attributes

Self-development – Contributing independentlyInterpersonal savvy – Contributing independentlyNimble learning – Contributing independentlyTech savvy – Contributing independently

Build a successful career with us

We’re 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 business clusters – Sanlam Personal Finance, Sanlam Emerging Markets, Sanlam Investments, Sanlam Corporate, Santam, Miway, as well as the Group Office – the group provides many opportunities for growth and development.

Core Competencies

Cultivates innovation – Contributing independentlyCustomer focus – Contributing independentlyDrives results – Contributing independentlyCollaborates – Contributing independentlyBeing resilient – Contributing independently

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. 

Our commitment to transformation

The Sanlam Group is committed to achieving transformation and embraces diversity.  This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa.  The Group’s Employment Equity plan and targets will be considered as part of the selection process.

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