Head: Non-life Pricing
2 weeks ago
**Introduction**
The Structuring and Solutions team forms the key point of contact between the different segments and the technical support areas, focusing on client service and client solution development. The area works closely with the Marketing teams in the structuring of new deals, providing analytical insights to our clients and business while also providing technical support in the form of pricing, product development and the capital modelling of new business prospects.
**Role Purpose**
The Non-Life Pricing & Structuring team looks at providing technical support in the form of pricing, product development and the capital modelling of new business prospects.
**Requirements**:
- Bachelor's degree in Actuarial Science, Mathematics, Statistics or related field
- At least 5 years’ non-life insurance working experience
**Duties & Responsibilities**
- Head up the Non-Life Pricing & Structuring department and team
- Ownership of all product and pricing requirements
- Conduct and sign-off on the pricing for all products for the CRS and VUMA areas
- Conduct rate reviews and re-pricing exercises for existing group products
- Review and sign off on new products in line with any regulatory and professional guidelines
- Assist with the structuring of new deals. This includes but is not limited to offering advice on the ideal underwriting structures for clients.
- Assist clients with the development of new products as and when required
- Client reporting and monitoring of financial results and practices
- Engage clients and internal stakeholders on technical matters
**Competencies**
- Analytical thinking
- Innovative
- Collaborative
- Able to network with various stakeholders
- Excellent written and verbal communication skills
- Organised person with interpersonal skills
- Comfortable with different actuarial techniques
- Quick learner and self-starter
- Ability to adapt to change
- Thinking laterally to solve complex problems
- Ability to work accurately under pressure and meet deadlines
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