Senior Actuarial Specialist

3 weeks ago


Sandton, South Africa Moving Heads Personnel Full time

Support the dynamic Pricing team with their pricing, monitoring, and analytical functions.

Pricing and Portfolio Monitoring

Assist with the design and pricing of products in line with the product development control This includes modelling, implementing, testing, and monitoring of rates and discounts.

Support the structuring and pricing of both inward and outward reinsurance.

Build tools and drive the adoption of these to support the pricing.

Support portfolio management by identifying poor performing segments and suggested remedial.

Co-ordinate the timeous provision of consolidated monthly and quarterly portfolio

Providing guidance and direction to the data acquisition team to ensure they acquire the data for the pricing function.

Liaise with Corporate Actuarial teams to optimise the cost of capital which needs to be allowed for in pricing.

Relationship and Stakeholder Management

Establish and maintain relationships with stakeholders - key stakeholders include Distribution, Underwriting, Risk Management, Reinsurance, IT and Data.

Support Distribution teams on portfolio reviews and product development.

Liaise with internal stakeholders in particular IT and Data

Drive system implementation of models and

Lead delivery of IT related projects in the Risk and Underwriting

Risk Management and Governance

Provide support across the Risk and Underwriting function on analytical projects promoting underwriting.

Manage pricing processes in line with the Pricing.

Minimum of 3 to 7 years’ short term insurance.

SAM knowledge and Reinsurance experience is advantageous but not essential.

Statistical software experience would be an advantage - R, Python, Emblem.

Data manipulation - SQL, SAS, Advanced Microsoft.

Experience in supervising technical staff on projects is advantageous.

Completed CT’s (or A-levels) and CA1.

**Job Types**: Full-time, Permanent

Ability to commute/relocate:

- Sandton, Gauteng: Reliably commute or planning to relocate before starting work (required)



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