Life Actuarial Pricing Specialist

5 days ago


Johannesburg, Gauteng, South Africa Munich Re Full time
Job Overview

We are seeking an experienced Actuarial Analyst to join our Technical Pricing Team in the Life Retail Product and Pricing department. This team is responsible for ensuring profitable reassurance business across South Africa and Sub Saharan Africa, adding value to new business and embedded value through appropriate pricing, experience monitoring, and new product innovation.

About Munich Reinsurance Company of Africa

Munich Reinsurance Company of Africa was established in 1968 and serves life and non-life reinsurance clients across the Sub-Saharan Africa from our hub in Johannesburg. We collaborate with our colleagues globally to tackle the world's most pressing challenges.

Your Role
  • Perform experience reviews and pricing for all regions.
  • Price new business, new initiatives, and product development.
  • Ensure that Munich Re's actuarial and risk management standards are met.
  • Lead/participate in various projects undertaken by the life team, such as tenders, specific client projects, and experience analyses.
  • Coordinate and collaborate with client managers, underwriting, claims, valuations, and operations to deliver product propositions.
  • Support the client management strategy, including research and accompanying client managers as the pricing expert.
  • Support Head of the Retail Pricing team and the Head of the Retail team in providing high-quality actuarial consulting services to clients in the area of pricing, product development, and risk management.
Your Profile
  • 4+ years of relevant experience in Life reinsurance or insurance business.
  • Newly or nearly qualified actuary.
  • Pricing experience with a sound technical understanding of Life products, including mortality and morbidity rate setting and experience.
  • Good experience with actuarial modeling packages, Excel, VBA, SQL, Power BI.
  • Good verbal, communication, presentation, and negotiation skills.
Salary

The estimated salary for this position is R1,200,000 per annum, depending on qualifications and experience.



  • Johannesburg, Gauteng, South Africa Munich Re Full time

    Actuarial Pricing Analyst - Life ReinsuranceWe are seeking an experienced Actuarial Pricing Analyst to join our Life Retail Product and Pricing department. As a key member of our team, you will be responsible for performing experience reviews and pricing for all regions, ensuring that Munich Re's actuarial and risk management standards are met.Your Key...


  • Johannesburg, Gauteng, South Africa Munich Re Full time

    Technical Pricing Team Role: We are looking for a skilled Actuarial Analyst to join our Technical Pricing Team. The team falls under the Life Retail Product and Pricing department, which ensures profitable reinsurance business across South Africa and Sub Saharan Africa. This involves pricing appropriately, monitoring experience, and managing new product...


  • Johannesburg, Gauteng, South Africa Tumaini Consulting Full time

    Actuarial Pricing Specialist Role SummaryA prominent and well-established company is seeking a dynamic Actuarial Pricing Specialist to join their team. The ideal candidate will have a strong background in actuarial modelling and pricing, and be eager to contribute to innovative product development in a forward-thinking environment.Key Responsibilities:•...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Actuarial Pricing SpecialistWe are seeking an experienced Actuarial Pricing Specialist to join our team at Network Recruitment. As a key member of our insurance team, you will be responsible for developing and maintaining pricing models for new and existing insurance products.Key Responsibilities:Develop and enhance pricing models to ensure financial...


  • Johannesburg, Gauteng, South Africa Nedbank Full time

    Job ClassificationREQ: 133359Division: Nedbank Insurance | CSAEmployment Equity Statement: Preference will be given to individuals from underrepresented groups.Job DescriptionAt Nedbank, we are seeking a highly skilled Actuarial Pricing Specialist to join our team. In this role, you will be responsible for developing and implementing new business pricing...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    About the RoleWe are seeking a skilled Actuarial Pricing Specialist to join our team at Network Recruitment. As an Actuarial Pricing Specialist, you will play a critical role in designing and implementing innovative pricing models that ensure our products remain competitive and aligned with market demands.Key ResponsibilitiesDevelop and maintain robust...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Actuarial Pricing SpecialistWe are seeking a highly skilled Actuarial Pricing Specialist to join our team at Network Recruitment. As an experienced Actuary with a knack for pricing strategies and data analysis, you will play a key role in shaping the future of our insurance offerings.Key Responsibilities:Develop, enhance, and maintain pricing models for both...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Actuarial Pricing Role ==================== Are you a skilled actuary with a passion for pricing and data-driven decision-making? Network Recruitment is working with a leading insurance company to find a talented Actuarial Pricing Specialist to contribute to the design and implementation of innovative pricing models. Key...


  • Johannesburg, Gauteng, South Africa Innovation Group Full time

    Actuarial Pricing SpecialistWe are seeking a highly skilled Actuarial Pricing Specialist to join our team at Innovation Group. As an Actuarial Pricing Specialist, you will play a critical role in developing and maintaining pricing models, analyzing product pricing and profitability, and providing strategic recommendations to drive business growth.Key...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Key Responsibilities:We are seeking an Actuarial Pricing Specialist to develop and enhance pricing models for short-term insurance products. Collaboration with underwriting and risk management teams is required to optimize product performance.Requirements:Strong actuarial background with relevant qualificationsExpertise in short-term insurance pricing and...


  • Johannesburg, Gauteng, South Africa Micah Govender Developments Full time

    Job Title: Actuarial Pricing SpecialistAt Micah Govender Developments, we are seeking a highly skilled Actuarial Pricing Specialist to join our team. As a key member of our pricing team, you will be responsible for developing and implementing market-leading pricing models for our Short-Term Insurance products.Key Responsibilities:Maintain, develop, and...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    We are seeking an experienced Actuary with a knack for pricing strategies and data analysis to shape the future of our insurance offerings. As a highly skilled Actuarial Pricing Specialist, you will drive competitive pricing, profitability, and business success at a leading insurance company.Key Responsibilities:Develop, enhance, and maintain pricing models...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Pricing Actuary Job DescriptionWe are seeking a skilled Actuarial Pricing Specialist to drive competitive pricing, profitability, and business success within our insurance company. As a key member of our team, you will develop, enhance, and maintain pricing models for new and existing insurance products, ensuring financial sustainability and market...


  • Johannesburg, Gauteng, South Africa Tumaini Consulting Full time

    Seeking an Actuarial Pricing SpecialistA prominent and well-established company is actively seeking a dynamic Actuarial Pricing Specialist to contribute to innovative product development in a forward-thinking environment.Key Responsibilities:Develop and implement actuarial models and pricing strategies for insurance productsAnalyse data and provide insights...


  • Johannesburg, Gauteng, South Africa Goldman Tech Resourcing Full time

    We are seeking an experienced Actuarial Life Manager to join our team at Goldman Tech Resourcing in Johannesburg.This exciting opportunity is ideal for a qualified actuary with managerial expertise in life insurance, looking to take on dynamic responsibilities and contribute to the growth of our esteemed consulting firm.To be successful in this role, you...


  • Johannesburg, Gauteng, South Africa Micah Govender Developments Full time

    Role OverviewMicah 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 ResponsibilitiesMaintain, develop, and implement market leading Short-Term...


  • Johannesburg, Gauteng, South Africa Tumaini Consulting Full time

    A renowned insurance company seeks an Actuarial Pricing Specialist to contribute to their team in Johannesburg. Key requirements include:* A Bachelor's degree in Actuarial Sciences* Being a qualified actuary or nearly qualified actuary* At least 5 years of experience in actuarial modeling and pricing within the Short-Term Insurance industryPreferred...


  • Johannesburg, Gauteng, South Africa Tumaini Consulting Full time

    We are seeking an Actuarial Pricing Specialist to contribute to innovative product development in a forward-thinking environment.Key RequirementsBachelor's degree in actuarial sciencesQualified actuary or nearly qualified actuary5+ years of actuarial modelling and pricing experience in the Short-Term Insurance industryAdvanced pricing and product development...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    About the RoleWe are seeking a highly skilled Actuarial Pricing Specialist to join our team at Network Recruitment. As a key member of our insurance sector, you will be responsible for developing and maintaining pricing models for new and existing insurance products. Your expertise will drive competitive pricing, profitability, and business success.Key...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Job Title: Actuarial Pricing StrategistAbout Us:At Network Recruitment, we connect talented professionals with exciting opportunities. Overview:We are seeking an experienced Senior Actuarial Specialist to join our team. As a Senior Actuarial Specialist, you will analyze financial risks, develop pricing strategies, and ensure regulatory compliance in sectors...