Actuarial Pricing Specialist

2 weeks ago

Centurion, Gauteng, South Africa RPO Recruitment Full time

Our client in the insurance Industry is currently seeking a skilled Actuarial Pricing Specialist to join their team of professionals in their Centurion offices. The purpose of the role is to conduct experience analyses, set new pricing bases, maintain, and develop our pricing tools and general statistical modelling in the Group Insurance.

Responsibilities:

  • Monitor the ongoing appropriateness of group insurance pricing bases to ensure competitiveness and financial soundness
  • Develop new insurance pricing bases for key products using relevant data, statistical techniques, and modeling software such as R
  • Utilize software packages including Excel, SQL, and R for data management and interpretation
  • Ensure business written adds value to new business and embedded value by pricing appropriately, monitoring experience, and updating assumptions and margins
  • Develop and maintain appropriate system infrastructure to support pricing bases
  • Apply the actuarial control cycle for all pricing-related work, including collecting and analyzing information, building effective models, implementing, monitoring, and refining bases as necessary
  • Provide support to risk pricing analysts on developed tools and non-standard pricing requests
  • Collaborate with the Product Support Team to assess feasibility and pricing impact of new products and enhancements
  • Employ risk management techniques, with a focus on reinsurance utilization
  • Assist with annual bulk review of the FundsAtWork risk book, including calculating theoretical risk rates and collaborating on implementation strategy
  • Work closely with Corporate Actuarial to ensure alignment with reserving and profit recognition basis
  • Ensure compliance with governance, legislation, and risk mitigation strategies
  • Rethink and redesign business processes for sustained improvement in quality, cost, service, turnaround time, flexibility, and innovation
  • Partner and collaborate with analytical teams across the organization for information exchange
  • Foster a service culture, propose innovations, and encourage exceptional client service
  • Maintain effective relationships with internal and external stakeholders
  • Develop and maintain productive working relationships with peers and stakeholders
  • Positively influence and participate in change initiatives
  • Continuously develop expertise in professional, industry, and legislative knowledge
  • Contribute to continuous innovation through development, sharing, and implementation of new ideas
  • Take ownership for driving career development

Requirements

  • Strong analytical and problem-solving skills
  • Proactively solve business and financial modeling problems
  • Ability to work accurately under pressure with good time management skills
  • High attention to detail and quality orientation
  • Good written and verbal communication skills
  • Ability to work in a team as well as independently
  • Self-starter able to show initiative and look for ways to improve existing processes.
  • Proficiency in VBA, R, SQL
  • Actuarial specialist with exemptions or passes in the A100 and A200 series with at least 2 years of work experience with pricing of insurance benefits and exposure to experience analysis

Benefits

  • Market related salary.

RPO is a Specialist Recruitment Agency that provides candidates and clients with unique recruitment solutions tailored to their needs. We focus on helping you reach your personal and professional goals by connecting you to your perfect career path.

  • Apply for this role today, contact Keegan Wolhuter at RPO Recruitment or on LinkedIn
  • You can also visit the RPO Recruitment website: or email us your CV:

We will contact you telephonically in 3 days should you be suitable for this vacancy. If you are not suitable, we will put your CV on file and contact you regarding any future vacancies that arise.

  • Pricing Actuarial Specialist

    2 weeks ago

    Centurion, Gauteng, South Africa Communicate Recruitment Full time

    One of the fastest growing banks in South Africa is looking for a Pricing Actuarial SpecialistJob & Company Description:ThisBank is South Africa's only specialist agricultural bank established in 1912. The bank's sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach.The...

  • Pricing Actuarial Specialist

    2 weeks ago

    Centurion, Gauteng, South Africa Six Sense Full time

    Gauteng, Centurion Annually Cost To Company (Market related)A well-established business is seeking to appoint a Pricing Actuarial SpecialistThe Pricing Actuarial Specialist will clean, consolidate, validate and analyze data including policy movements, data reconciliations and preparation of actuarialinvestigations in order to come up with a pricing basis and...

  • Pricing Actuarial Specialist

    2 weeks ago

    Centurion, Gauteng, South Africa Six Sense Full time

    Gauteng, Centurion Annually Cost To Company (Market related)A well-established business is seeking to appoint a Pricing Actuarial SpecialistThe Pricing Actuarial Specialist will clean, consolidate, validate and analyze data including policy movements, data reconciliations and preparation of actuarial investigations in order to come up with a pricing basis...

  • Pricing Actuarial Specialist

    2 weeks ago

    Centurion, Gauteng, South Africa Secondments Recruitment Full time

    Job Advert Summary:The role of the Pricing Actuarial Specialist is to support the Head: Actuarial Short Term & Life with all product development and pricing functions. The Pricing Actuarial Specialist will clean, consolidate, validate and analyse data including policy movements, data reconciliations and preparation of actuarial investigations in order to...

  • Pricing Actuarial Specialist

    2 weeks ago

    Centurion, Gauteng, South Africa Land Bank Careers Full time

    Job Advert Summary:The Land and Agricultural Development Bank of South Africa (Land Bank) is South Africa's only specialist agricultural bank established in 1912, the bank's sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach. These services enable farmers to finance...

  • Actuarial Pricing Specialist

    2 weeks ago

    Centurion, Gauteng, South Africa Momentum Insure Company Limited Full time

    IntroductionThrough our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations.Role PurposeRequirements: Bachelor's degree in...

  • Pricing Actuarial Specialist

    2 weeks ago

    Centurion, Gauteng, South Africa Six Sense Consulting Full time

    Qualifications & Experience: Relevant 3year qualification in Actuarial Science or Mathematical Statistics and a student member of the Actuarial Society of South Africa ("ASSA"). At least 3 actuarial exemptions from ASSA or from an equivalent recognized professional actuarial body (e.g. Institute and Faculty of Actuaries). 24 years Actuarial Experience in...

  • Actuarial Specialist

    2 weeks ago

    Centurion, Gauteng, South Africa Communicate Recruitment Full time

    Looking for a talented Actuary with pricing and product experience.We're currently seeking a highly skilled and motivated Actuary to join our team. As an Actuary with pricing and product experience, you will play a critical role in driving the success of our organization by developing and implementing pricing strategies, evaluating product performance, and...

  • Actuarial Pricing Manager

    2 weeks ago

    Centurion, Gauteng, South Africa Communicate Recruitment Full time

    One of the best Insurance companies in South Africa is looking for an Actuarial Pricing ManagerJob & Company Description:To develop and manage the pricing strategy to support the growth and development of the business through a risk-based pricing model across all product sets and distribution mechanisms nationally. Identify market opportunities through...

  • Actuarial Specialist

    2 weeks ago

    Centurion, Gauteng, South Africa Network Recruitment Full time

    Are you a specialist in Actuarial affairs who wants to have a real impact on the realm of product innovation? Do you enjoy the challenge of coming up with creative solutions in a fast-paced setting? Well, we have an amazing opportunity that might just be perfect for you! We are on the lookout for a talented Actuarial Specialist to join our team and drive...

  • Actuarial Pricing Specialist

    2 weeks ago

    Centurion, Gauteng, South Africa StratRecruit Full time

    Role PurposeResponsibilities and work outputs Maintain, develop, and implement market leading Short-Term Insurance pricing models. Explore and identify data and rating enhancements to inform pricing models. Ownership of model performance against actual experience and acting on model weaknesses. Developing and implementing pricing strategies for new and...

  • Actuarial Pricing Manager

    2 weeks ago

    Centurion, Gauteng, South Africa Communicate Recruitment Full time

    One of the big four banks in South Africa is looking for a Senior Decision ScientistJob & Company Description:The purpose of the job is to develop tactical strategy and delivery plans, formulate associated practice(s) and to ensure operational implementation and adoption in terms of actuarial methodology, governance and delivery objectives. This role enables...

  • Junior Actuarial Specialist

    2 weeks ago

    Centurion, Gauteng, South Africa Communicate Recruitment Full time

    One of South Africa's largest Insurance companies is looking for a Junior Actuarial Specialist.Job & Company Description:An exciting opportunity to work in a flexible and dynamic team of actuarial professionals that offers exposure to life and non-life valuations, actuarial models' development and data analysis.Education: Relevant Bachelor's Degree in...

  • Actuarial Specialist

    2 weeks ago

    Centurion, Gauteng, South Africa K2 Human Capital Consultancy Full time

    Job summary - A Client in Centurion - Gauteng is looking for an Actuarial Specialist to be involved in all aspects of actuarial management of a short-term insurer with a focus on pricing and product development, including business intelligence, underwriting and other ad-hoc commercial involvements.This is a broad, technical role with opportunities to develop...

  • Actuarial Analyst

    2 weeks ago

    Centurion, Gauteng, South Africa Communicate Recruitment Full time

    Are you looking to join a dynamic and innovative team in the Insurance industry? One of South Africa's leading insurers is seeking an Actuarial Analyst to join our Product Development Team.As an Actuarial Analyst in Product Development you will have the opportunity to develop and maintain insurance products that meet the changing needs of our customers. You...

  • Actuarial Analyst

    2 weeks ago

    Centurion, Gauteng, South Africa MMI Holdings Ltd Full time

    Closing Date2023/03/21Reference NumberMMH Job TitleActuarial AnalystPosition TypePermanentRole FamilyActuarialClusterClient Engagement SolutionsRemote OpportunitySome of the timeLocation - CountrySouth AfricaLocation - ProvinceGautengLocation - Town / CityCenturionIntroduction Momentum Health Solutions, an entity of Momentum Metropolitan Holdings delivers...

  • Actuarial Analyst

    2 weeks ago

    Centurion, Gauteng, South Africa Client Engagement Solutions Full time

    IntroductionMomentum Health Solutions, an entity of Momentum Metropolitan Holdings delivers sustainable, integrated health solutions that meet the needs of clients in the different segments and maximise lifetime client value. We build and maintain a culture of innovation, and create value through unique insights of how to achieve specific outcomes by using a...

  • Senior Actuarial Analyst

    2 weeks ago

    Centurion, Gauteng, South Africa Tipp Focus Group Full time

    PurposeTo analyse data and derive insights utilising statistical and actuarial models to inform productdevelopment, benefits design and pricing within the the healthcare industry.Duties and responsibilities: Research and advocate various policy issues and concepts to help improve the healthcare system Contribute to mergers and acquisition, product...

  • Actuarial Analyst

    2 weeks ago

    Centurion, Gauteng, South Africa Letarch Consultant Full time

    ACTUARIAL ANALYSTSALARY :R1,094, 144 Per AnnumJOB SPONSOR:Council for Medical Aid Scheme (CMS)The purpose of the job is to analyse data and derive insights utilising statistical and actuarial models to inform product development, benefits design and pricing within the CMS and the healthcare industry.As an Actuarial Analyst you will be responsible to:Research...

  • Intermediate Actuarial Specialist

    2 weeks ago

    Centurion, Gauteng, South Africa Communicate Recruitment Full time

    One of the best insurance companies in South Africa is looking for a GAP Intermediate Actuarial SpecialistJob & Company Description:This company is a premium African financial services organisation that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 17 countries. The lines of business include...