Pricing Strategist

4 days ago


Johannesburg, Gauteng, South Africa Network Recruitment Full time
Key Responsibilities

We are seeking an experienced Pricing Strategist to join our team and contribute to the development of short-term insurance products. The successful candidate will have a strong analytical background, with expertise in actuarial modeling and data analysis.

The ideal candidate will be able to create, refine, and manage pricing models to predict risks and optimize premiums across different customer groups. They will also evaluate and report on pricing performance, including loss ratios and key metrics, recommending adjustments to maintain profitability.

The role requires collaboration with underwriting, sales, and product teams to ensure pricing strategies align with broader business goals. Additionally, the candidate will need to maintain adherence to regulatory standards and ensure all pricing processes are well-documented.

Requirements
  • Educational Background: Bachelors Degree in Actuarial Science, Mathematics, Statistics, or a related discipline.
  • Actuarial Progress: Completion of 8 or more actuarial exams.
  • Technical Expertise: Skilled in actuarial modeling software, Excel, SQL, and programming tools like Python or R.
  • Analytical Strength: Exceptional problem-solving abilities with great attention to detail.
  • Industry Insight: Knowledge of short-term insurance products, market trends, and associated risk factors.
  • Communication Skills: Proficient in translating complex analyses into actionable insights for non-technical stakeholders.
Salary and Benefits

The salary for this role is estimated to be around $80,000 per annum, plus benefits such as health insurance, retirement plan, and paid time off.

This is an excellent opportunity to play a pivotal role in shaping our pricing strategies and delivering sustainable solutions. If you have a strong analytical background and excellent communication skills, we encourage you to apply for this position.


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