Head of Pricing Strategy

4 weeks ago


Johannesburg, Gauteng, South Africa ATripleA Recruitment and Temps Full time
Job Title: Head of Pricing

We are a leading commercial risk specialist in Southern Africa, dedicated to proactive risk management and superior customer service. Our team is seeking a highly skilled and experienced Head of Pricing to lead our pricing strategy and drive business growth.

Key Responsibilities:
  • Evaluate existing and potential new lines of business across various short-term insurance offerings.
  • Lead a team of approximately 10 individuals.
  • Collaborate with internal stakeholders to ensure alignment with financial targets.
  • Continuously analyze portfolio results to guide pricing decisions.
  • Develop and implement pricing best practices, including system design.
  • Oversight of the contracting, budgeting, and implementation of pricing tools.
  • Translate organizational plans into actionable pricing strategies.
  • Predictive analysis and strategic decision-making.
  • Lead complex pricing assignments and projects.
  • Actuarial support and insights on performance and profitability.
  • Reporting and business support.
Requirements:
  • Minimum NQF Level 7 (University degree) in Actuarial Science or related field.
  • Qualified FASSA designation of the Actuarial Society of South Africa or equivalent.
  • Minimum five years' experience in short-term insurance pricing.
  • Experience providing actuarial advice to senior management.
  • Strong background in underwriting, portfolio management, and general management.
  • Experience in project management and large-scale IT development projects.
Behaviours and Knowledge:
  • Collaborative mindset with the ability to influence across functions.
  • Self-motivated and proactive.
  • Professional, enthusiastic, and positive attitude.
  • Deadline-oriented and able to work under pressure.
  • Strong leadership skills.
  • Intermediate to advanced knowledge of actuarial principles, legislation, and pricing best practices.
  • Proficiency in finance, accounting, and economic trends impacting underwriting and pricing.
  • Proficient product knowledge with an understanding of policy wordings.
  • In-depth understanding of the insurance industry trends, regulations, and market dynamics.
  • Knowledge of IT governance and software development lifecycle.
  • Familiarity with enterprise underwriting strategy development and implementation.
Technical Skills:
  • Proficiency in English; additional languages preferred.
  • Strong communication and presentation skills.
  • Advanced computer literacy, including SAS, VBA, and pricing software.
  • Expertise in statistical and actuarial pricing tools and methods.
  • Knowledge of IT architecture and fault diagnosis.
  • Advanced understanding of portfolio management and optimization methods.


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