Senior Pricing Strategist

1 month ago


Johannesburg, Gauteng, South Africa Primeserv Recruitment Full time
Job Summary

We are seeking an experienced Senior Pricing Strategist to join our team at Primeserv Recruitment. This is a fantastic opportunity for a skilled professional to lead pricing initiatives and drive business growth.

About the Role

The successful candidate will be responsible for developing and implementing pricing strategies across various short-term insurance lines, including commercial lines, personal lines, marine, engineering, and hospitality. They will work closely with stakeholders to ensure that pricing decisions align with business objectives and contribute to the company's financial targets.

Key Responsibilities
  • Pricing Strategy Development: Design and implement pricing strategies that balance business needs with customer affordability and market competitiveness.
  • Pricing Model Management: Develop, maintain, and validate pricing models to ensure accuracy and compliance with regulatory requirements.
  • Stakeholder Engagement: Collaborate with cross-functional teams, including underwriting, claims, finance, and sales, to ensure pricing initiatives are aligned with business goals.
  • Data Analysis: Analyze data to identify trends, patterns, and areas for improvement in pricing performance.
  • Team Leadership: Lead and mentor a team of pricing professionals to achieve desired outcomes.
Requirements
  • Qualifications: Minimum NQF Level 7 degree in Actuarial Science or a related field; FASSA designation or international equivalent preferred.
  • Experience: Minimum five years' experience in short-term insurance pricing, including modeling and deployment; proven track record in leading pricing initiatives and driving business growth.
  • Skills: Advanced knowledge of actuarial professional guidance and relevant legislation; proficiency in SAS, VBA, and pricing software; excellent communication and interpersonal skills.
Estimated Salary

R1,200,000 - R1,500,000 per annum, depending on experience.



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