Pricing Analyst for Insurance Products
7 days ago
We are seeking a highly skilled Pricing Analyst to join our team at Network Recruitment. This role involves developing and maintaining pricing models, evaluating risks, and ensuring pricing strategies align with the company's financial goals.
**Key Responsibilities:**
- Create and update pricing models for insurance products based on data analysis.
- Assess risks and profitability for new and existing products.
- Work with underwriting, product development, and sales teams to align pricing with business goals.
- Ensure pricing follows industry regulations and company policies.
Educational Qualifications:
A Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics, or a related field is required. Progress towards actuarial exams (e.g., ASA, ACAS) is preferred.
Experience:
Minimum 3 years of experience in actuarial pricing or a related role, preferably in the insurance industry (life, health, property & casualty). Familiarity with pricing models and actuarial software (e.g., Excel, R, Python, SAS, Prophet) is essential.
**Salary:** R800,000 - R1,200,000 per annum, depending on experience.
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