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Short Term Pricing Actuarial Analyst

2 months ago

Johannesburg, South Africa Network Recruitment Full time

Key Responsibilities: Pricing & Product Development: Contribute to the pricing and development of short-term insurance products by analyzing claims data, market dynamics, and customer patterns. Data Analysis & Modeling: Create, refine, and manage pricing models to predict risks and optimize premiums across different customer groups. Performance Monitoring: Evaluate and report on pricing performance, including loss ratios and key metrics, recommending adjustments to maintain profitability. Team Collaboration: Partner with underwriting, sales, and product teams to ensure pricing strategies align with broader business goals. Regulatory Compliance: Maintain adherence to regulatory standards and ensure all pricing processes are well-documented. Requirements: Educational Background: Bachelors Degree in Actuarial Science, Mathematics, Statistics, or a related discipline. Actuarial Progress: Completion of 8 or more actuarial exams. Technical Expertise: Skilled in actuarial modeling software, Excel, SQL, and programming tools like Python or R. Analytical Strength: Exceptional problem-solving abilities with great attention to detail. Industry Insight: Knowledge of short-term insurance products, market trends, and associated risk factors. Communication Skills: Proficient in translating complex analyses into actionable insights for non-technical stakeholders. Join us to play a pivotal role in shaping our pricing strategies and delivering sustainable solutions If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions. For more information contact: Andrea Morgan Specialist recruiter: Actuarial and Analytics amorgannetworkfinance.co.za