Actuarial Leadership Position

2 weeks ago


Johannesburg, Gauteng, South Africa Specd Full time
Job Description for Head of Product Development and Pricing

Specd is seeking a highly skilled and experienced Head of Product Development and Pricing to lead our product development and pricing initiatives. The successful candidate will be responsible for developing and implementing effective product strategies, managing the product lifecycle, and ensuring compliance with regulatory requirements.

Key Responsibilities:
  • Develop and implement product strategies that align with Specd's business objectives
  • Manage the product lifecycle, including product design, development, and launch
  • Ensure compliance with regulatory requirements, including Solvency and Capital Requirements
  • Lead and manage a team of actuaries and product specialists to support product development and pricing initiatives
  • Develop and maintain relationships with key stakeholders, including the CEO, Sales and Distribution, and other business units
  • Prepare and present product proposals and reports to the Board and Executive Committee
Requirements:
  • Qualification as a Fellow of the Actuarial Society or Institute of Actuaries
  • Minimum 8 years' experience in an insurance regulatory environment
  • Minimum 5 years' experience in actuarial environment, with specific experience related to life insurance pricing and product
  • Proven experience in pricing and product management and strategy development
  • Strong knowledge of actuarial principles, methodologies, and relevant software tools


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