![Momentum Corporate](https://envy-mag.com/img/c/momentum-corporate.png)
Group Insurance Pricing Specialist
3 weeks ago
IntroductionRole Purpose
Requirements:
- Minimum matric with exemption including Mathematics (Pure) and Accounting/Physical Science.
- Bachelor's degree in Commerce, Mathematics or Statistics is preferable.
- 25 years' work experience in the Insurance, Employee Benefits or other Financial Services industry is preferable,but not a prerequisite.
- Work experience in Group Risk pricing is preferable, but not a prerequisite.
- Good MS Word and MS Excel skills.
- MS Access, SQL or Visual Basic experience will be an advantage.
Duties & Responsibilities
INTERNAL PROCESS
- Screening and analysing new and existing business pricing requests.
- Gathering, assessing and analysing all relevant information needed to produce a new business tender or rate renewal.
- Review existing business premium rates, terms and conditions
- Compiling, analysing and monitoring claims experience for new and existing business.
- Assessing and calculating the risk rate and underwriting requirements for the products requested, utilising the current pricing tools.
- Determining suitable terms and conditions in order to effectively manage risk.
- Extracting data from existing systems, as well as validation and manipulation of the data.
- Accurate recording of data for business intelligence and reporting.
- Consider wider topics of risk management such as occupational and industry risks.
- Internal and external client liaison/collaboration with regards to rates, products and other risk issues.
- Build and improve current models and internal processes.
- Assisting with ad hoc projects and calculations, e.g. Disability buyouts, profit sharing calculations and reinsurance comparisons.
- Assist with risk calculations and provide technical support to the FundsAtWork Pricing department.
- Ensure that all authorisation protocols, tools and systems are adhered to and are used correctly and effectively
CLIENT
- Build a strong relationship with the sales channel so that existing business is retained at profitable rates while new business is secured with appropriate margins.
- Build and maintain relationships with relevant organisation's to ensure indepth knowledge of all related acts,regulations and regulatory frameworks.
- Compile, monitor and deliver on service level agreements with internal and external stakeholders to meet or exceed client expectations.
- Ensure satisfactory resolution of all queries and problems.
- Track and address Product Pricing related complaints andidentify trends and major issues to be addressed.
PEOPLE
- Enhance the image of MMH through professional client liaison:
- Internally and externally with other Departments/ Brokers/Employers/ Members/Reinsurers.
- Work together with consultants to support client retention and new business acquisition via excellent customer service and maintaining excellent client and broker relationships.
- Provide technical pricing guidance and support to the Sales Channel and other departments.
FINANCE
- Ensure rates and underwriting requirements provided mitigate financial risks.
- Increase profits and ensure rates provided are sustainable.
- Contribute towards reducing departmental operating costs.
Competencies
- Analytical thinking (including problem identification and problem analysis).
- Attention to detail.
- Be able to work well independently and also within ateam.
- Excellent people skills.
- Selfmanagement and accountability.
- Live and uphold the MMH values.
- Quality and service oriented.
- Excellent communication and presentation skills (written and oral).
- Good judgment, effective decision making and problemsolving.
- Data management skills.
- Time management, flexibilityand adaptability.
- Planning and organizing.
-
Actuarial Pricing Specialist
3 weeks ago
Cape Town, Western Cape, South Africa Momentum Corporate Full timeIntroduction Through our clientfacing 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. We help people grow their savings, protect what...
-
Senior Actuarial Pricing Specialist
3 weeks ago
Cape Town, Western Cape, South Africa Momentum Corporate Full timeIntroductionThrough 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.Location:This role is available based at our...
-
Actuarial Pricing Specialist
3 weeks ago
Cape Town, Western Cape, South Africa Swiss RE Full timeAbout the RoleWe are offering an exciting opportunity for an intellectually curious, highly motivated and passionate actuary in our Swiss Re Middle East and Africa Pricing team in Cape Town. You will play an important role in providing high quality actuarial support to help grow the Medical Insurance business in the region. As a member of the Middle East and...
-
Actuarial Pricing Specialist
3 weeks ago
Cape Town, Western Cape, South Africa Swiss Re Full timeAbout the Role We are offering an exciting opportunity for an intellectually curious, highly motivated and passionate actuary in our Swiss Re Middle East and Africa Pricing team in Cape Town. You will play an important role in providing high quality actuarial support to help grow the Medical Insurance business in the region. As a member of the Middle...
-
Actuarial Pricing Specialist
3 weeks ago
Cape Town, Western Cape, South Africa Swiss Re Full timeAbout the Role We are offering an exciting opportunity for an intellectually curious, highly motivated and passionate actuary in our Swiss Re Middle East and Africa Pricing team in Cape Town. You will play an important role in providing high quality actuarial support to help grow the Medical Insurance business in the region. As a member of the Middle East...
-
Actuarial Pricing Specialist
4 weeks ago
Cape Town, Western Cape, South Africa Swiss Re Full timeAbout the Role We are offering an exciting opportunity for an intellectually curious, highly motivated and passionate actuary in our Swiss Re Middle East and Africa Pricing team in Cape Town. You will play an important role in providing high quality actuarial support to help grow the Medical Insurance business in the region. As a member of the Middle East...
-
Mibusiness Insurance Specialist
3 weeks ago
Cape Town, Western Cape, South Africa Sanlam Limited Full timePress Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Create Alert MiBusiness Insurance Specialist (Western Cape)Date: 13 May 2024Location: Cape Town, Western Cape, South Africa Who are we? MiWay is a direct financial services company. We are passionate about service excellence, convenience and offering our clients...
-
Assistant Group Reporting Manager
3 weeks ago
Cape Town, Western Cape, South Africa Santam Insurance Full timeThis career opportunity is available at Santam's Corporate Services in the Financial Management department. The role is based in Bellville, Cape Town. The Group Reporting Assistant Manager will be part of the financial management, statutory reporting and IFRS technical function of the Santam group. This function encompasses both externally directed financial...
-
MiBusiness Insurance Specialist
3 weeks ago
Cape Town, Western Cape, South Africa Sanlam Full timeWho are we? MiWay is a direct financial services company. We are passionate about service excellence, convenience and offering our clients superior value products. Our Vision is to be a world-class direct financial services business that offers a complete array of services under one convenient umbrella – all managed online. Category winners of the Mail...
-
Pricing Actuary
3 weeks ago
Cape Town, Western Cape, South Africa Faraday Full timeGeneral Re Corporation, a subsidiary of Berkshire Hathaway Inc. , is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. Its direct reinsurance companies conduct business as Gen Re. Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all...
-
Senior Actuarial Pricing Analyst
1 week ago
Cape Town, Western Cape, South Africa Reinsurance Group of America (RGA) Full timePosition OverviewWe are looking for a nearly/newly qualified actuary to work on a wide variety of pricing projects across a wide variety of clients and products. The successful candidate will take a leading role in providing pricing and product development for existing and new retail business reinsured by RGA.ResponsibilitiesPricingPricing and product...
-
Commercial Insurance Specialist
3 weeks ago
Cape Town, Western Cape, South Africa Old Mutual Insure Limited Full timeCommercial Insurance Specialist page is loaded Commercial Insurance Specialist Apply locations Cape Town time type Full time posted on Posted Yesterday job requisition id JR-44029 Let's Write Africa's Story Together Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.Job DescriptionProvide quality direct sales...
-
Alm Modeling Specialist
3 weeks ago
Cape Town, Western Cape, South Africa Group Finance Full timeIntroductionThrough 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.We help people grow their savings, protect what...
-
Pricing Actuary
3 weeks ago
Cape Town, Western Cape, South Africa Network Recruitment Full timeThis role offers both challenges and rewards, involving work across various life insurance product lines for the reinsurer and its diverse client base.You will be tasked with the following: Preparing quotes for new business and reviewing existing business for group and individual life, across multiple product linesSupporting the analysis and assessment of...
-
Technical Manager
3 weeks ago
Cape Town, Western Cape, South Africa Santam Insurance Full timeThe position calls for a person who will provide technical underwriting expertise to assist the Regional Manager and Relationship Managers in managing their broker relationships at both a strategic and operational level with a clear focus on growth, profitability and efficiency in line with the Broker Services and Santam Commercial and Personal objectives....
-
Insurance Advisor
3 weeks ago
Cape Town, Western Cape, South Africa Ikusasa Recruitment Group Full timeAverage take home with commission R Basic is FIXECExperience and Qualifications Matric/Grade 1 120 FAIS Credits. FAIS Regulatory examination for Representatives (RE5) CPD (continuous professional development) points Minimum of three years sales experience with payslips as proof of previous commission earnedDutiesFinancial Advisors required for Personal lines...
-
Pricing Actuary
1 month ago
Cape Town, Western Cape, South Africa General Re Corporation Full timeShape Your Future with Us General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. Its direct reinsurance companies conduct business as Gen Re.Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance...
-
Pricing Actuary
3 weeks ago
Cape Town, Western Cape, South Africa Gen Re Full timeShape Your Future with UsGeneral Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. Its direct reinsurance companies conduct business as Gen Re.Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries....
-
Pricing Clerk
3 weeks ago
Cape Town, Western Cape, South Africa React Group Full timePlease note: Only applicants residing in Cape Town and surrounding areas and able to start immediately or shortly should apply._KEY PERFORMANCE AREAS: Price planned, reactive and emergency Building and/or Plumbing jobs (Insurance, Retail, Property Companies and Private Portfolios). Use predetermined rate charges for labour, call out and travel fees to...
-
Officer, Supply Chain Insurance
3 weeks ago
Cape Town, Western Cape, South Africa Standard Bank Group Full timeJob Description To perform service provider management services for the Supply Chain Management Function within Standard Insurance Limited in order to enhance the client service experience. Perform Supply Chain Management specialist services across the entire value chain for a specific regional portfolio to ensure optimal service provider performance. ...