Sanlam, one of the largest globally active insurance companies in the
financial world, is inviting interested and suitable individuals to
visit its careers page and apply for its Actuarial Trainee Programme for
the 2020 financial year.
Established in 1918 as a life insurance firm, Sanlam has since expanded
its financial services operating all across Africa, Malaysia, India and
other select markets. It boasts a global footprint spanning 44 countries
and counts as one of the 50 largest insurance groups operating
internationally.
Sanlam operates five different “clusters” or divisions, namely
Investments, Personal Finance, Emerging Markets, Short-term and
Corporate Insurance. A department within Sanlam called the Group Office
provides strategic direction and support to these clusters, effectively
keeping them cohesive and fully functional in reaching their own
targets.
The company’s comprehensive suite of investment services includes:
- Local investments (e.g. investments with guarantees, fixed-term investments
- International investments
- Retirement income solutions
- Retirement savings solutions
Sanlam Actuarial Trainee Programme 2020
The programme is for actuarial graduates who want to qualify and
jump-start their actuarial careers. Training starts with an unofficial
internship allowing trainees to acquaint themselves with Sanlam’s
various products and systems. Afterward, trainees will gain exposure to
more technical positions within the company – all designed to develop
their analytical skills and ultimately, their actuarial skills.
The trainees’ results in their actuarial exams combined with their
performance rating will determine the pace in which they progress
through the more advanced areas of the business.
Under the actuarial support programme, trainees will have access to:
- Study time logged to work hours
- Bursary support to help complete actuarial exams
- Financial incentives for successfully passing the exams
- Coaching and guidance
Who should apply?
The ideal candidate must at least possess the following minimum eligibility requirements:
- Holds a university degree in Actuarial Science
- Must be able to gain exemption from a minimum of six actuarial exams prior to completion of the qualification
- Computer proficiency with above-average skills in Microsoft Office applications
- Solid analytical skills`and uses a structured approach to resolve problems
- An excellent team player with good interpersonal skills
- Able to produce accurate results with great attention to detail
- High sense of integrity
- Good communication skills, both oral and written
What is the selection process?
As there are positions that need a specific skill set or behavioral
profile (called as “competencies”), psychometric tests, interviews and
other evaluation tools are administered to match the applicant to the
job.
Note that the selection process starts only when the application
deadline is reached. Moreover, the time required to complete the
application process depends on how far the applicant progresses as well
as the availability of managers.
Check out Sanlam’s Assessment to get a clear picture of what to expect.
How do I apply?
Eligible applicants who wish to move forward with the application
process will need to create a candidate profile on Sanlam SA’s jobs
portal. Click here to start the process.
Application Deadline?
The deadline for submission of applications is on 30 June 2020.
Contact Information
For enquiries and technical issues send an email to opportunities@sanlam.co.za.
Click here to view a PDF copy of the Sanlam Actuarial Trainee Programme 2020 advert.
