Actuarial Pricing Strategist

6 hours ago


Pretoria, Gauteng, South Africa The Recruitment Council Full time
Actuarial Pricing Specialist Job Description

We are seeking a highly skilled Actuarial Pricing Specialist to lead the development and implementation of pricing models for our short-term insurance products. As a key member of our team, you will be responsible for maintaining and improving our pricing strategies to meet growth and profitability targets.

About The Role:

  • Maintain, develop, and implement leading short-term insurance pricing models.
  • Identify and integrate data enhancements to improve pricing accuracy.
  • Oversee model performance against actual experience, addressing any weaknesses.
  • Develop pricing strategies for both new and existing business to meet growth and profitability targets.
  • Support the development and innovation of new products.
  • Ensure strict governance on pricing strategies.
  • Provide insights and support to the business using data and analytics.

Requirements:

  • Bachelors degree in Actuarial Sciences.
  • Qualified or nearly qualified actuary.
  • Minimum 5 years of actuarial modeling and pricing experience in short-term insurance.
  • Proficiency in tools like SQL, SAS, R, Python, Willis Towers Watson, Earnix, and AKUR8.
  • Advanced skills in Microsoft Excel.
  • Experience with programming and working with large datasets to create commercial insights.

What We Offer:

  • An estimated salary of $120,000 - $180,000 per annum.
  • A competitive benefits package.
  • Ongoing professional development opportunities.
  • A dynamic and supportive work environment.


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