Pricing Strategy Director

3 weeks ago


Johannesburg South, South Africa Network Recruitment Full time

Job Description

We are seeking a seasoned Pricing Strategy Director to lead our pricing strategy for existing and new lines of business.

Main Responsibilities:

  • Develop and implement pricing best practices, tools, and systems
  • Collaborate with internal teams to optimize pricing strategies
  • Analyze portfolio performance and guide pricing decisions to achieve business objectives
  • Manage and mentor a team of approximately 10 pricing professionals
  • Support senior management with actuarial advice and business insights
  • Oversee the flow and quality of data to ensure accurate pricing models
  • Monitor profitability, renewals, and pricing targets, adjusting strategies as needed

Requirements:

  • A minimum of 5 years of experience in short-term insurance pricing, including modelling and deployment
  • Strong background in providing actuarial advice to senior management
  • Proven experience in underwriting, portfolio management, and general management
  • Previous exposure to large IT development projects and project management
  • A University Degree in Actuarial Science or a related field (NQF Level 7)
  • FASSA or an international equivalent qualification is preferred

Skills & Competencies:

  • Strong leadership skills with the ability to manage teams and influence cross-functional teams
  • Ability to meet deadlines and manage pressure effectively
  • In-depth knowledge of statistical and actuarial pricing tools and methods
  • Advanced computer literacy (SAS, VBA, Pricing Software, etc.)
  • Expertise in portfolio management, optimisation methods, and underwriting strategies
  • Excellent communication skills, with the ability to present complex technical concepts to varied audiences

Estimated Salary: R1 200 000 - R1 800 000 per annum



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