Actuarial Pricing Specialist

6 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. We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members.Through our own network of advisers or via independent brokers and utilising new platforms Momentum Metropolitan provides practical financial solutions for people,communities and businesses. Visit us at-
**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 and FundsAtWork environment of Momentum Corporate. In addition, assist with the actuarial aspects of the reinsurance arrangements of Momentum Corporate.**Requirements**:
**Experience and Qualifications**
- Proficiency in VBA, R, SQL
- Actuarial specialist with exemptions or passes in the A100 and A200 series with at least 2 years of work experience with pricing of insurance benefits and exposure to experience analyses

**Duties & Responsibilities**

**INTERNAL PROCESS**
- Monitoring the on-going appropriateness of the group insurance pricing bases that ensures business is written on a competitive basis but also a financially sound basis.
- Develop new insurance pricing bases for key products using relevant data, detailed statistical techniques and modelling software such as R.
- 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.
- Provide support to the risk pricing analysts on the developed tools, as well as non-standard pricing requests.
- Work closely with the Product Support Team to determine the feasibility and pricing impact of new products and product enhancements.
- Ensure effective use of risk management techniques, with a particular focus on the use of reinsurance.
- 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 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**
- Contribute to a service culture which builds rewarding relationships, proposes innovations and allows others to provide exceptional client service.
- Ensure effective relationships with internal and external stakeholders.
- 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

**Competencies**
- Strong analytical and problem - solving skills.
- Proactively solve business and financial modelling problems.
- Ability to work accurately under pressure and good time management skills.
- High attention to detail and quality orientation.
- Good written and verbal communication 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.

  • Actuarial Pricing Specialist

    4 weeks ago

    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...

  • Senior Actuarial Specialist: Pricing

    3 weeks ago

    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 Pricing Lead

    5 days ago

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

    Senior Actuarial Specialist: PricingAre you a seasoned Actuary with expertise in pricing strategy? We are seeking a Senior Actuarial Specialist to design and refine pricing models for short-term insurance products.Key Responsibilities:Develop and enhance pricing frameworks to drive business growth.Analyze data trends to create competitive pricing strategies,...

  • Senior Actuarial Specialist

    4 weeks ago

    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...

  • Senior Actuarial Specialist: Pricing

    4 weeks ago

    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...

  • Senior Actuarial Specialist: Pricing

    4 weeks ago

    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 Pricing Strategist

    3 weeks ago

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

    We are seeking a highly skilled Actuarial Specialist to play a pivotal role in shaping our short-term insurance pricing framework. The ideal candidate will have a strong actuarial background, expertise in short-term insurance pricing and predictive modeling, and proficiency in actuarial software and statistical tools.Key Responsibilities:Develop and enhance...

  • Senior Actuarial Specialist: Pricing

    3 weeks ago

    Cape Town City Centre, South Africa Jobted ZA C2 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...

  • Actuarial Pricing Specialist

    1 month ago

    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...

  • Actuarial Pricing Strategist

    4 weeks ago

    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...

  • Senior Actuarial Specialist: Pricing Solutions

    3 weeks ago

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

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

  • Pricing Actuary

    3 weeks ago

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

    Pricing Actuary RoleWe are seeking an experienced actuary to provide pricing and product development for retail business reinsured by RGA. The successful candidate will analyze recent client experience to form a view on pricing approaches and determine appropriate pricing bases.Pricing and product development for retail business, including analysis of client...

  • Senior Actuarial Specialist: Pricing Expert

    3 weeks ago

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

    Pricing Specialist RoleAre you an experienced actuary with a passion for strategic pricing? Network Recruitment is seeking a seasoned professional to shape cutting-edge pricing frameworks for short-term insurance.Key Responsibilities:Develop and refine pricing models to enhance short-term insurance products.Analyze data trends to craft competitive pricing...

  • Actuarial Specialist

    1 month 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

    4 weeks ago

    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

    3 weeks ago

    Cape Town, South Africa Network Recruitment Full time

    Are you an experienced actuary with a passion for pricing strategy in the short-term insurance sector? We are looking for a Senior Actuarial Specialist to join our high-performing Short-Term Pricing team. In this pivotal role, you will leverage your expertise to develop, implement, and refine pricing models that drive business growth and ensure competitive...

  • Actuarial Specialist

    3 weeks ago

    Cape Town, South Africa Network Recruitment Full time

    Are you an experienced Actuary with a passion for pricing strategy in the short-term insurance sector? We are looking for a Senior Actuarial Specialist to join our high-performing Short-Term Pricing team. In this pivotal role, you will leverage your expertise to develop, implement, and refine pricing models that drive business growth and ensure competitive...

  • Actuarial Pricing Manager

    4 weeks ago

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

    Actuarial Pricing Manager Job DescriptionWe are seeking a talented Actuarial Pricing Manager to join our growing team at Network Recruitment.Key Responsibilities:Pricing Strategy Development: Collaborate with cross-functional teams to develop and implement pricing strategies that align with business objectives and market trends.Data Analysis: Utilize...

  • Actuarial Specialist

    4 weeks ago

    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 Pricing Manager

    4 weeks ago

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

    Actuarial Pricing ManagerAre you a numbers enthusiast with a passion for innovation?Network Recruitment is seeking a talented Actuarial Pricing Manager to join our team. This role offers a fantastic opportunity for a driven professional looking to advance their career in a collaborative and forward-thinking organization.Key ResponsibilitiesPricing Strategy...