Director of Actuarial Pricing
1 day ago
At Set Consulting, we strive to provide innovative solutions for our clients. Our team is comprised of experts in various fields, including actuarial science.
Job DescriptionThis exciting opportunity as a Director of Actuarial Pricing at Set Consulting offers the chance to lead pricing strategies across multiple business divisions. Reporting to the Chief Underwriting Officer, you will be responsible for creating and implementing pricing models, ensuring that they are aligned with business goals. You will also oversee a team of approximately 10 people, providing guidance and leadership to ensure successful project delivery.
Key Responsibilities- Pricing Model Development: Design and implement pricing models that accurately reflect market conditions and business objectives.
- Team Leadership: Manage and motivate a team of professionals to achieve optimal results.
- Stakeholder Management: Collaborate with various stakeholders to ensure alignment and effective communication.
- Analysis and Reporting: Analyze portfolio results and create reports to guide pricing decisions and inform strategic business initiatives.
- Budgeting and Forecasting: Develop and manage budgets and forecasts to support business growth and profitability.
To succeed in this role, you must have:
- A minimum of an NQF Level 7 qualification in Actuarial Science or a related field.
- A FASSA designation from the Actuarial Society of South Africa or an international equivalent (preferred).
- 8-10 years of experience in short-term insurance pricing, including modeling and deployment, and sound leadership experience.
- Underwriting and portfolio management experience with market practice acumen.
- Experience in project management and past exposure to large IT development projects.
The estimated salary for this position is R1.9 million (negotiable) plus bonus, reflecting the company's commitment to attracting top talent. Additionally, Set Consulting offers a competitive benefits package, including medical aid, retirement funding, and annual leave.
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