An exciting opportunity exists for an Actuarial Risk Analyst at Santam to be part of the Risk Office. This position will be based at Santam's Head Office in Bellville, Cape Town.The role will cover model validation, enterprise risk management, and regulatory reporting. The role will have a specific focus on the automation of processes within these areas and quantitative aspects of enterprise risk management. The candidate must have a keen interest in programming, with preference given to candidates who have Microsoft VBA and Python programming experience.The role will provide the successful candidate the opportunity to gain an in-depth understanding of Santam's capital models, enterprise risk management framework, and be part of Santam's automation journey.What will make you successful in this role?Run quarterly model validation tests and continuously improve the automation of the model validation process.Review the adequacy and effectiveness of all internal model key controls.Assist the Financial Risk and Regulatory Reporting team to automate reporting processes.Support the Enterprise Risk Management team to perform quantitative analyses when needed, specifically focusing on underwriting and reinsurance.Qualification and ExperienceBSc in Actuarial Science.2 – 4 years' actuarial experience.Short-term experience is valuable but not essential.SkillsStrong computer skills and proficient in MS Office (Excel, Access, VBA).Programming skills in VBA and Python would be an advantage.Strong communication and English writing skills.Excellent relationship-building skills.Knowledge of the SAM framework would be an advantage.Inquisitive personality and the ability to think independently.Ability to challenge the status quo and suggest plausible alternatives.Core CompetenciesBeing resilient - Contributing through othersCollaborates - Contributing through othersCultivates innovation - Contributing through othersCustomer focus - Contributing through othersDrives results - Contributing through othersAbout The CompanySantam is the market leader in the general insurance industry in Southern Africa. We are a large, diversified, expanding and transforming company and whilst based in South Africa, we are rapidly moving into several emerging markets, both in Africa and Asia.Our success is rooted in our passion for our clients and everything we do is centered on our delivery of Insurance Good and Proper. We're 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.
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