Actuarial Pricing Specialist

6 months ago

Centurion, South Africa Momentum Insure Company Limited Full time

**Introduction**

Through 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 Purpose**

**Requirements**:

- Bachelor’s degree in Actuarial Sciences
- Qualified actuary or nearly qualified actuary
Experience with software packages like SQL, SAS, R, Python, Willis Towers Watson, Earnix and AKUR8
- Advanced Microsoft Office, in particular Excel, user.
- Experience with programming and mining large datasets for commercial value.

**Duties & Responsibilities**
- 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 existing business to achieve growth and profit objectives.
- Support the development of new and innovative products.
- Drive, implement and maintain proper governance on pricing developed/deployed.
- Support/advise the business using data and analytics.

**Competencies**
- Passion for Short-Term Insurance (STI) and pricing STI products.
- Taking initiative to identify areas for improvement and act on it.
- Being creative and finding innovative solutions.
- Making practical and financially sound decisions.
- Ability to take ownership of deliverables and drive them to completion with minimum supervision.
- Ability to perform under pressure and effective management of time to ensure project timelines are met.
- Ability to manage multiple tasks concurrently.
- Meticulous attentiveness to detail and accuracy.
- Good communication skills - written and verbal.

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