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Actuarial Pricing Lead
2 months ago
Role Overview
Micah Govender Developments is seeking an Actuarial Pricing Specialist to join our team. As an Actuarial Pricing Specialist, you will be responsible for pricing and managing the risk in respect of new and existing business to ensure profitability and sustainability.
Key Responsibilities
- 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.
- Developing and implementing pricing strategies for new and existing business to achieve growth and profit objectives.
- Support the development of new and innovative products.
- Drive, implement and maintain proper governance on pricing developed/deployed.
- Support/advise the business using data and analytics.
Requirements
- Bachelors degree in Actuarial Sciences.
- Qualified actuary or nearly qualified actuary.
- 5 years or more of Actuarial modelling and pricing experience within the Short-Term Insurance industry. Preference will be given to candidates that demonstrate advanced pricing and product development experience.
- Experience with software packages like SQL, SAS, R, Python, Willis Towers Watson, Earnix and AKUR8.
- Advanced Microsoft Office, in particular Excel, user.
- Experience with programming and mining large datasets for commercial value.
