Actuarial Assistant : Systems Control

Job Description

Full job descriptionWho are we?Sanlam Life and Savings (SLS) is focused on serving our retail and corporate clients in South Africa and further developing our strategic advantages in the South African market. Sanlam Life and Savings consists of three clusters - Sanlam Corporate, Sanlam Retail Mass and Sanlam Retail Affluent. The Sanlam Life and Savings Office provides strategic direction, coordination and support to the three clusters, as well as performing governance oversight that includes assurance provided by second line of defense functions in SLS, to enable us to meet our business objectives.What will you do?Testing the soundness and stability of new and existing programs on different systems, including Epsilon, SanQuote and Actuarial Systems.Liaison with basis writers, programmers, business and system analysts.Analysing specifications of millennium tasks that have an impact on the Actuarial Calculation Engine (ACE), PBB and the Mechanical Testing Systems (MTS), Epsilon, SanQuote Web (SQW), SanQuote Desktop (SQD) and other Mechanical testing systems, then applying it to set up test packs to test the various systems.Set up hand calculations from the basis and specification documents.Testing of daily claims and monthly renewals of Epsilon products.End-to-End testing: writing of flows and PIT testing for tasks.Testing of other systems on a release basis – Future of Advice, Wealth Bonus BoosterMaintenance and improvement of tools and processes through automation.Handling of ad-hoc queries and tasks.Generating and recommendation of innovative ideas to enhance testing processes. 

Responsibilities + Skills

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.

Education

Record keeping; filing and maintenance of databasesMaintain work standards and quality verificationData Collection and processing of transactionsProcedures Knowledge

Experience

Job Summary

  • Published on: Monday, 30th September 2024
  • Designation: Actuarial Assistant :
  • industry: Finance
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary: 0
  • Gender:
  • Application Deadline: Monday, 30th September 2024
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About the Company

  • Company Name: Sanlam.
  • Address: PO Box 1. Sanlamhof 7532. Street address. Sanlam Head Office, 2 Strand Road
  • Website: www.sanlam.co.za
  • Company Profile:
  • Charlize Theron may have run away to Hollywood, but the Sanlam Group keeps its star power at home in South Africa. Targeting middle-market and affluent clients, the company provides insurance and wealth management services. Major segments are life insurance (including annuities and other investment products) and short-term insurance (property and casualty coverage sold through majority-owned Santam). The company has been expanding its investment business through segments including Sanlam Investment Management, its Octane hedge fund of funds, and its SIM Emerging Markets, which focuses on African economies.

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