Leading Reinsurance Pricing Actuary

1 month ago


Cape Town, Western Cape, South Africa Santam Full time

Are you a motivated and analytical professional seeking a challenging role in reinsurance pricing? Santam, a leading insurance company, is looking for a Senior Pricing Actuary to join their team in Tygerpark, Bellville. This exciting opportunity is available within Santam RE: Underwriting.

The successful candidate will play a key role in the management of reinsurance pricing activities, including the ongoing training of interpretation of data & pricing principles. Key responsibilities will include:

  • Pricing of Santam Re's larger contracts and complicated reinsurance treaties
  • Maintenance and development of Santam Re pricing tools
  • Research and development of reinsurance portfolio optimisation

To be successful in this role, you will require:

  • A minimum of 3 years' experience in reinsurance pricing (preferably 5 years)
  • A strong understanding of actuarial principles, insurance/reinsurance concepts, and risk management frameworks
  • Proficiency in mathematical/statistical techniques and software tools (Excel, Access, VB, SQL)

In addition to your technical skills, you should also possess excellent communication and problem-solving skills, with the ability to build and maintain good internal and external relationships.

This role offers a competitive salary of R900,000 - R1,200,000 per annum, depending on experience, as well as opportunities for career growth and professional development.



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