Head of Pricing

3 weeks ago


Johannesburg, South Africa Network Recruitment Full time

Key Responsibilities:

  • Lead the pricing strategy for existing and new lines of business.
  • Manage and mentor a team of approximately 10 pricing professionals.
  • Analyze portfolio performance and guide pricing decisions to achieve business objectives.
  • Develop and implement pricing best practices, tools, and systems.
  • Collaborate with internal teams, including Underwriting, Claims, Finance, and Sales to optimize pricing strategies.
  • Support senior management with actuarial advice and business insights.
  • Oversee the flow and quality of data to ensure accurate pricing models.
  • Monitor profitability, renewals, and pricing targets, adjusting strategies as needed.
  • Participate in Mergers & Acquisitions analyses and special projects.
  • Play a key role in driving pricing initiatives and data analytics within the organization.
Qualifications & Experience:
  • A minimum of 5 years of experience in short-term insurance pricing, including modelling and deployment.
  • Strong background in providing actuarial advice to senior management.
  • Proven experience in underwriting, portfolio management, and general management.
  • Previous exposure to large IT development projects and project management.
  • A University degree in Actuarial Science or a related field (NQF Level 7).
  • FASSA or an international equivalent qualification is preferred.
Skills & Competencies:
  • Strong leadership skills with the ability to manage teams and influence cross-functional teams.
  • Ability to meet deadlines and manage pressure effectively.
  • In-depth knowledge of statistical and actuarial pricing tools and methods.
  • Advanced computer literacy (SAS, VBA, Pricing Software, etc.).
  • Expertise in portfolio management, optimisation methods, and underwriting strategies.
  • Excellent communication skills, with the ability to present complex technical concepts to varied audiences.

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