Current jobs related to Senior Actuarial Pricing Specialist - Cape Town - Momentum Corporate


  • Cape Town, South Africa Network Recruitment Full time

    Are you a seasoned Actuary with a strategic mindset for pricing? Join our team as a Senior Actuarial Specialist and take a lead role in shaping cutting-edge pricing frameworks for short-term insurance.Key Responsibilities:Design and refine pricing models to elevate short-term insurance products.Analyze data trends to craft competitive pricing...


  • Cape Town, South Africa Network Recruitment Full time

    Are you a seasoned Actuary with a strategic mindset for pricing? Join our team as a Senior Actuarial Specialist and take a lead role in shaping cutting-edge pricing frameworks for short-term insurance. Key Responsibilities: Design and refine pricing models to elevate short-term insurance products. Analyze data trends to craft competitive pricing strategies....

  • Actuarial Specialist

    1 month ago


    Cape Town, Western Cape, South Africa Network Recruitment Full time

    Actuarial Specialist ==================== **Key Responsibilities** --------------------- * Develop and refine pricing models for insurance products, ensuring accuracy and competitiveness. * Analyze market trends and competitor strategies to inform pricing decisions. * Collaborate with cross-functional teams to integrate pricing strategies with overall...


  • Cape Town, South Africa Network Recruitment Full time

    Key Responsibilities: Design and refine pricing models to elevate short-term insurance products. Analyze data trends to craft competitive pricing strategies. Partner with underwriting and risk teams to enhance product performance. Deliver detailed reports and insights to inform key stakeholders. What Youll Bring: Robust actuarial expertise with relevant...


  • Cape Town, Western Cape, South Africa Reinsurance Group of America Full time

    Job Title: Senior Actuarial Pricing AnalystWe are seeking a highly skilled Senior Actuarial Pricing Analyst to join our team at Reinsurance Group of America. As a key member of our pricing team, you will play a critical role in providing pricing and product development for our retail business.Key Responsibilities:Pricing and product development for retail,...


  • Cape Town, Western Cape, South Africa Network Recruitment Full time

    We are seeking a Senior Actuarial Specialist to play a pivotal role in shaping our short-term insurance pricing framework.Key Responsibilities:Develop and enhance pricing models for short-term insurance products.Analyze data trends to inform pricing strategies and ensure competitiveness.Collaborate with underwriting and risk management teams to optimize...


  • Cape Town, Western Cape, South Africa Network Recruitment Full time

    Key ResponsibilitiesWe are seeking a skilled Actuarial Pricing Specialist to design and refine pricing models for short-term insurance products.The ideal candidate will analyze data trends to craft competitive pricing strategies and partner with underwriting and risk teams to enhance product performance.This role requires delivering detailed reports and...


  • Cape Town, Western Cape, South Africa Reinsurance Group of America Full time

    Job Title: Senior Actuarial Pricing AnalystWe are seeking a highly skilled Senior Actuarial Pricing Analyst to join our team at Reinsurance Group of America. As a key member of our pricing team, you will play a critical role in developing and implementing pricing strategies for our retail business.Key Responsibilities:Develop and maintain pricing models and...


  • Cape Town, South Africa Network Recruitment Full time

    Are you an experienced Actuary with a passion for pricing strategies? We are looking for a Senior Actuarial Specialist to join our team and play a pivotal role in shaping our short-term insurance pricing framework. Key Responsibilities: Develop and enhance pricing models for short-term insurance products. Analyze data trends to inform pricing strategies and...

  • Actuarial Specialist

    1 month ago


    Cape Town, Western Cape, South Africa Network Recruitment Full time

    Actuarial SpecialistWe are seeking a detail-oriented actuarial professional with a passion for precision and strategy to join our dynamic team.Key Responsibilities:Develop and refine pricing models for insurance products, ensuring accuracy and competitiveness.Analyse market trends and competitor strategies to inform pricing decisions.Collaborate with...


  • Cape Town, Western Cape, South Africa Santam Full time

    Job Title: Senior Pricing ActuarySantam is seeking a highly skilled and experienced Senior Pricing Actuary to join our team in Tygerpark, Bellville. This exciting opportunity is available within Santam RE: Underwriting.Key Responsibilities:Lead the management of reinsurance pricing activities, ensuring that all reinsurance treaties undergo rigorous pricing...

  • Actuarial Specialist

    2 weeks ago


    Cape Town, Western Cape, South Africa Network Recruitment Full time

    Actuarial SpecialistAre you a detail-oriented actuarial professional with a passion for precision and strategy? We're seeking a skilled Actuarial Specialist to join our dynamic team at Network Recruitment.Key Responsibilities:Develop and refine pricing models for insurance products, ensuring accuracy and competitiveness.Analyze market trends and competitor...

  • Actuarial Specialist

    1 month ago


    Cape Town, South Africa Network Recruitment Full time

    Are you a detail-oriented actuarial professional with a passion for precision and strategy? Join our dynamic team and play a crucial role in shaping financial solutions that make a difference Key Responsibilities: Develop and refine pricing models for insurance products, ensuring accuracy and competitiveness. Analyse market trends and competitor strategies...


  • Cape Town, South Africa Momentum Corporate 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. We help people grow their savings,...


  • Cape Town, South Africa Network Recruitment Full time

    Are you an experienced actuary with a passion for pricing strategies? We are looking for a Senior Actuarial Specialist to join our team and play a pivotal role in shaping our short-term insurance pricing framework. Key Responsibilities: Develop and enhance pricing models for short-term insurance products.Analyze data trends to inform pricing strategies and...

  • Actuarial Specialist

    4 weeks ago


    Cape Town, Western Cape, South Africa Network Recruitment Full time

    Actuarial Specialist ==================== Are you a detail-oriented actuarial professional with a passion for precision and strategy? We're looking for someone to play a crucial role in shaping financial solutions that make a difference. **Key Responsibilities:** * Develop and refine pricing models for insurance products, ensuring accuracy and...


  • Cape Town, Western Cape, South Africa Reinsurance Group of America Full time

    Job SummaryWe are seeking an experienced Actuarial Pricing Specialist to join our team at Reinsurance Group of America. The successful candidate will be responsible for providing pricing and product development for existing and new retail business reinsured by RGA.Key ResponsibilitiesPricing and product development for all Retail, Funeral, and Credit Life...


  • Cape Town, South Africa Network Recruitment Full time

    Are you an experienced Actuary with a passion for pricing strategies? We are looking for a Senior Actuarial Specialist to join our team and play a pivotal role in shaping our short-term insurance pricing framework. Key Responsibilities:Develop and enhance pricing models for short-term insurance products.Analyze data trends to inform pricing strategies and...


  • Cape Town, South Africa Network Recruitment Full time

    Are you an experienced Actuary with a passion for pricing strategies? We are looking for a Senior Actuarial Specialist to join our team and play a pivotal role in shaping our short-term insurance pricing framework. Key Responsibilities: Develop and enhance pricing models for short-term insurance products. Analyze data trends to inform pricing strategies and...


  • Cape Town City Centre, South Africa Jobted ZA C2 Full time

    Are you an experienced Actuary with a passion for pricing strategies? We are looking for a Senior Actuarial Specialist to join our team and play a pivotal role in shaping our short-term insurance pricing framework. Key Responsibilities: - Develop and enhance pricing models for short-term insurance products. - Analyze data trends to inform pricing...

Senior Actuarial Pricing Specialist

3 months ago


Cape Town, South Africa Momentum Corporate 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.

**Location**:
This role is available based at our offices in Cape Town or Centurion.

**Role Purpose**

The purpose of the role is to conduct experience analyses, set new pricing bases, maintain, and develop our pricing tools and general statistical modelling in the group insurance environment of Momentum Corporate. In addition manage the actuarial aspects of the reinsurance arrangements of Momentum Corporate.

**Requirements**:

- Excellent proficiency in VBA, R, SQL
- Qualified Actuary (preferred) or Senior Actuarial Specialist (must have passed F102)
- minimum of 4 years' work experience with exposure and background in experience analyses and basis reviews

**Duties & Responsibilities**

**INTERNAL PROCESS**
- Develop new insurance pricing bases for key products using relevant data, detailed statistical techniques and modelling software such as R
- Presenting new pricing bases or updated bases to statutory actuaries in order to obtain statutory approval of bases
- Monitoring the on-going appropriateness of the insurance pricing bases for Group Insurance that ensures business is written on a competitive basis but also a financially sound basis
- Use software packages such as Excel, SQL and R to manage and interpret data
- Ensure business written adds to the value of new business and embedded value by pricing appropriately, monitoring experience and updating existing assumptions and margins
- Develop and maintain appropriate system infrastructure in order to support all aspects of the pricing basis
- Develop, monitor and improve innovative actuarial pricing methodologies and tools used by risk pricing analysts
- Provide support to the risk pricing analysts on the developed tools, as well as non-standard pricing requests
- Work closely with Product Development to determine the feasibility and pricing impact of new products and product enhancements
- Ensure effective use of risk management techniques for Group Insurance, with a particular focus on the use of reinsurance
- Assist in managing all reinsurance aspects and arrangements for Group Insurance
- Assist with the annual bulk review of the FundsAtWork risk book. This will include calculating theoretical risk rates and collaborating with various stakeholders to develop the best strategy to implement the rates in an actuarially sound and client centric manner
- Work closely with Corporate Actuarial to ensure alignment to the reserving and profit recognition basis
- Ensure compliance with Group Insurance governance, relevant legislation and risk mitigation strategies
- Fundamental rethinking and redesign of business processes to obtain sustained improvement in quality, cost, service, turnaround time, flexibility and innovation
- Partner and collaborate with other analytical teams across the organisation to encourage a useful exchange of information.

**CLIENT**
- Ensure effective relationships and SLA management with internal and external stakeholders.
- Contribute to a service culture which builds rewarding relationships, proposes innovations and allows others to provide exceptional client service.
- Provide a professional Actuarial advisory service.
- Participate in MMH wide practice forums to influence pricing and risk awareness and brand loyalty.

**PEOPLE**
- Develop and maintain productive and collaborative working relationships with peers and stakeholders
- Positively influence and participate in change initiatives
- Continuously develop own expertise in terms of professional, industry and legislation knowledge
- Contribute to continuous innovation through the development, sharing and implementation of new ideas
- Take ownership for driving career development

**FINANCE**
- Contribute to the financial planning process within area
- Identify opportunities to enhance cost effectiveness and increase operational efficiency
- Manage financial and other company resources under your control with due respect
- Provide input into the risk identification processes and communicate recommendations in the appropriate forum

**Competencies**
- Ability to work accurately under pressure
- High attention to detail and quality orientation
- Proactively solve business and financial modelling problems
- Strong analytical and problem - solving skills
- Good written and verbal communication skills
- Good time management skills
- Ability to work in a team as well as independently
- Self-starter able to show initiative and look for ways to improve existing processes