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John Melville is a seasoned insurance professional with extensive experience in actuarial science, risk management, and financial services. He has held various leadership positions, including Non-Executive Director at Sanlam Maroc, SanlamAllianz Re, and Western National Insurance. Melville also has a strong academic background, holding degrees from the University of Cape Town and the Institute of Directors of South Africa.

Experience

    • Non Executive Director
      • Jul 2023 - Present

    • Non Executive Director
      • Jul 2023 - Present

    • Non Executive Director
      • Jul 2023 - Present

    • South Africa
    • Insurance
    • 700 & Above Employee
    • Chief Underwriting Officer
      • Jan 2023 - Jun 2023

      Overall responsibility for the underwriting function and actuarial solutions. In addition, responsible for Santam’s international insurance investments in Africa, India and Malaysia.Board member of Sanlam Emerging Markets, MiWay Insurance, Sanlam Assurance of Morocco, Saham Reinsurance (Mauritius), Emerald Risk Transfer, Stalker Hutchison Admiral, and Mirabilis Engineering Underwriters.Chairman of the SA Insurance Association Board sub-committee for Insurance Risks.

    • Executive Head: Underwriting, Reinsurance & International and Chief Underwriting Officer
      • Dec 2010 - Dec 2022

      Joined Santam in 2010 as a Member of its Executive Committee. Overall responsibility for the underwriting function, reinsurance, Santam Re, product solutions, and actuarial solutions. In addition, responsible for Santam’s international insurance investments in Africa, India and Malaysia.Board member of Sanlam Emerging Markets, Santam Commercial and Personal business, MiWay Insurance, Saham Assurance of Morocco, Saham Reinsurance (Mauritius), LIA Insurance of Lebanon, Emerald Risk Transfer, Stalker Hutchison Admiral, Mirabilis Engineering Underwriters, and Santam Re.Chairman of the SA Insurance Association Board sub-committee for Insurance Risks.

    • South Africa
    • Insurance
    • 700 & Above Employee
    • Chief Executive: Employee Benefits
      • Jul 2008 - Nov 2010

      Overall responsibility for Metropolitan's Employee Benefits business, covering group risk insurance, investments, annuities, administration, and actuarial consulting services for retirement fundsMember of the Metropolitan Group’s Executive CommitteeExecutive Director of Metropolitan Life Ltd and Metropolitan Retirement Administrators (Pty) Ltd, and non-executive director of two other life companies within the Group (Metropolitan Life International Ltd and Metropolitan Odyssey Ltd)

    • General Manager Employee Benefits Operations
      • Jul 2000 - Jun 2008

      Head of Operations for the Employee Benefits businessHead of the Retirement Fund Administration businessClient service, with a special emphasis on strategic client relationships Business unit strategyHead of EB’s Group Risk business from 2000 to 2002 New business proposals and presentations (strategic)Led successful bid for administration of the Transnet FundsLed take-on and integration of Transnet Pension Fund AdministratorsEstablished a separate fund accounting unit to support new legislative requirements Sponsorship and support of a number of business and IT projects e.g.integration of fund admin system with accounting and payment systems- implementation of AWD workflow infrastructure- implementation of an individual member investment choice capability for the administration product range- Integration of Commercial Union (South Africa)’s employee benefits business with that of Metropolitan (after acquisition in 1999)Chairperson and trustee of Metropolitan EB’s sponsored umbrella retirement funds; the Metropolitan Health Group Retirement Fund; and the Commercial Union Defined Contribution Pension Fund

    • Actuary
      • Oct 1994 - Jun 2000

      Member of an executive team tasked to set up an Employee Benefits business in 1995. This team successfully established the business and grew it from infancy into a significant player in the South African employee benefits industry. Responsibilities:- Group insurance businessLed establishment of a group insurance business capability. Managed the following aspects of this business namely, strategic positioning, product development, developing pricing models/setting premium bases, new business presentations, quotations, policy wordings & preparation, underwriting, administration, risk/profit management, claims management, and reinsurance.- Consulting / advisory- Actuarial consulting to defined contribution and defined benefit retirement funds- HIV/AIDS management consulting e.g. implications for costs and benefit design, as well as management strategies- Legal and compliance function

    • Consulting Actuary
      • Jul 1991 - Dec 1993

      Professional in consulting practice that provided forensic actuarial services to liability claimants and defendants

    • EB Valuations Officer
      • Jan 1989 - Jun 1991

Education

  • 2019 - 2019
    Institute of Directors of South Africa
    Corporate Governance and Board Effectiveness
  • 2002 - 2002
    IMD (International Institute for Management Development) - Business Programs
    Managing Corporate Resources Executive Programme, Strategic Managememt
  • 1990 - 1992
    Actuarial Society of South Africa
    Fellow of the Actuarial Society of South Africa
  • 1988 - 1992
    Institute of Actuaries
    Fellow of the Institute of Actuaries, Actuarial Science
  • 1990 - 1991
    University of Cape Town
    Post-graduate Diploma, Actuarial Studies
  • 1983 - 1986
    University of Cape Town
    B Bus Sc (Hons) Actuarial Science, Actuarial Science
  • 1978 - 1982
    Grey High School
    Matric

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Industry Focus. “Insurance”

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