Actuarial Manager â Lead Pricing Strategy

2 weeks ago

Johannesburg, South Africa Network Recruitment Full time

Our client is seeking a fully qualified Actuary to lead their pricing function, elevate actuarial capability, and develop market-leading pricing methodologies for a diverse suite of insurance and value-added products. This role blends technical excellence, leadership, and commercial strategy perfect for an Actuary who enjoys driving profitability and influencing product direction.As the Actuarial Manager, you will:Lead the development, enhancement and governance of pricing models across multiple product lines.Drive competitive pricing strategies using GLM, predictive models, data analytics and actuarial techniques.Oversee peer reviews, ensure pricing soundness, and track product performance, profitability and loss ratios.Partner cross-functionally with Sales, CVM, Analytics, Marketing, and Product to influence the go-to-market strategy.Implement new pricing methodologies, embed emerging technologies/AI in pricing tools, and guide in-house software development.Mentor and lead a skilled actuarial team, fostering a culture of performance, accountability and innovation.Key Responsibilities:Drive competitive pricing strategies and maintain pricing methodologies and models.Analyse product profitability, cost structures, loss ratios and provide actionable insights.Implement predictive analytics and emerging tech into pricing tools and processes.Lead, coach and develop a high-performing actuarial pricing team.Job Experience and Skills Required:Education:BSc Actuarial Science / Actuarial Mathematics / Statistics (NQF 7 minimum).Fully qualified Fellow Actuary (non-negotiable).Honours Degree preferred (NQF 8).Experience:Minimum 5 years actuarial/pricing experience in short-term insurance or automotive value-add products.Proven leadership/people management experience.Strong experience in pricing, financial modelling, GLMs and predictive modelling.Exposure to short-term insurance regulatory frameworks and governance standards.Skills:Advanced technical ability in pricing software, actuarial modelling, and predictive modelling tools.Strong analytical problem-solving capability and commercial insight.Excellent communication and stakeholder-management skills.Technically savvy with experience using emerging analytics tech, AI, and automation in pricing.Non-negotiables:Fully qualified Actuary (Fellow).Proven leadership experience.Solid technical pricing and modelling expertise.Apply nowFor more exciting Finance vacancies, please visit:

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