TRAFFIC Western Cape

Actuarial Pricing Specialist Based in either Tygervalley or Sandton

Sanlam Limited

Job Description

Actuarial Pricing Specialist Based in either Tygervalley or Sandton

Date: 29 Apr 2026

Location: Tygervalley, Western Cape, ZA

What will you do?

The successful candidate will be responsible for taking a leading role in providing pricing support of retail products for businesses in SanlamAllianz Life. The role will cover pricing across both affluent and entry level / mass market products and will include the full spectrum of risk, retirement and investment products. Projects range from revamping existing products through repricing or adding new features to developing new products that are often first in the market.

Responsibilities
  • Pricing - Determining appropriate pricing basis and performing the pricing calculations in Prophet.
  • Influence strategy - identify the unique risks and opportunities for each product and through pricing results empower businesses in SanlamAllianz to drive specific distribution, marketing and risk management strategies.
  • Documentation - Writing pricing reports clearly documenting the pricing process, assumptions and results.
  • Drive pricing approvals - Engaging a wide range of stakeholders, including the Head of Actuarial function, to ensure an efficient approval process.
  • Model handover - Supporting the Actuarial valuations and Prophet model development teams with the model implementation of new products.
  • Process - Developing pricing and review tools to improve the processes of the SanlamAllianz Product Support team to promote efficient product development practices.
  • On an ad-hoc basis support technical development of group risk products as well as client insights projects.
Success Criteria

Success in this role will be measured by the candidate's ability to:

  • Collaborate effectively with a wide range of stakeholders to develop optimal pricing solutions.
  • Solve complex problems that are encountered during the pricing process.
  • A willingness to learn.
  • Curiosity to investigate unique elements of each product.
  • Prioritise deliverables under pressure and manage expectations of various stakeholders to ensure SanlamAllianz's strategic product objectives are met.
Qualification and Experience
  • Qualified or nearly qualified actuary (maximum 2 exams outstanding).
Knowledge and Skills
  • Product development and/or pricing experience preferable.
  • Prophet experience is essential.
  • Plans, prioritises and aligns to meet organisational goals.
  • Problem solving skills.
  • Technical pricing skills.
Personal Attributes
  • Strong analytical and conceptual thinking.
  • Ability to manage complexity and find simple solutions to complex problems.
  • Ability to work independently, take initiative and meet deadlines.
  • Good verbal and written communication skills to manage relationships with business stakeholders.
Core Competencies
  • Cultivates innovation - Contributing independently.
  • Customer focus - Contributing independently.
  • Drives results - Contributing independently.
  • Collaborates - Contributing independently.
  • Being resilient - Contributing independently.
Commitment to Transformation and Diversity

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 the key components to ensure 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.

About This Role

Career insights for Statistical Assistants positions

Salary Benchmark
$50,510/year
Source: O*NET (USD)
Key Skills for This Role
Mathematics Critical Thinking Reading Comprehension Active Learning Complex Problem Solving
Common Technologies
IBM SPSS Statistics Minitab SAS Viya Microsoft PowerPoint 365 C# 11.0 C++23 Java SE 21 Database software

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