Actuarial Pricing Specialist
1 week ago
Qualified or nearly qualified Actuary with relevant Actuarial Science Degree and minimum 5 years’ Actuarial modelling and pricing experience in the Short Term Insurance Industry, required to price and manage the risk in respect of new and existing business to ensure profitability and sustainability, for this Short Term Insurer based in Centurion.
Minimum requirements:
- B.Actuarial Science Degree essential
- Qualified / nearly qualified Actuary preferred
- 5 years’ Actuarial modelling and pricing in the Short Term Insurance Industry required
- Advanced pricing and product development experience highly beneficial
- SQL, SAS, R, Python, Willis Towers Watson, Earnix and AKURBS experience required
- Advanced Excel Essential
- Experience with programming and mining large datasets for commercial value required
**Responsibilities**:
- Price and manage the risk iro new and existing business
- 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
- Develop and implement pricing strategies for new and existing business
- Support development of new and innovative products
- Drive implement and maintain proper governance on pricing developed/deployed
- Support/advise business using data and analytics
Recognising that diversity is key to excellence, our client especially encourages members of designated groups to apply.
1. That you have read and understood our POPI Policy.
2. That you have no objection to us retaining your personal information in our database for future matching and will notify us in writing should you wish to remove your personal information from our database.
3. Should suitable opportunities arise we will contact you and request your consent to submit your CV to a specific client for a specific purpose.
4. That the information you have provided to us is true, correct and up to date.
**Job Types**: Permanent, Full-time
Ability to commute/relocate:
- Centurion, Gauteng: Reliably commute or planning to relocate before starting work (required)
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