Actuarial Pricing Specialist

2 months ago


Johannesburg, Gauteng, South Africa Innovation Group Full time
About the Role

We are seeking a highly skilled Actuarial Pricing Specialist to join our team at Innovation Group. As an Actuarial Pricing Specialist, you will play a critical role in developing and maintaining pricing models, analyzing product pricing and profitability, and providing strategic recommendations to drive business growth.

Key Responsibilities
  • Determine accurate, competitive, and profitable pricing for regulated and non-regulated products.
  • Develop, maintain, and update pricing methodologies and models for different channels, clients, and products.
  • Analyze loss ratios and other factors to provide recommendations and assumptions for pricing models.
  • Track product and client profitability, revenue, and costs to execute levers of profitability.
  • Formulate and execute pricing strategies, including implementing new pricing methodologies and concepts in response to market changes.
  • Understand the overall business and drive customer service culture within the organization.
  • Meet deliverables agreed in SLA or personal measurements.
  • Adhere to Customer Experience (Internal and External) standards.
  • Provide insights on sales, retentions, and strategies to improve customer products.
  • Develop actionable plans to drive up National Insurance Repository (NIR) and reduce direct and transfer pricing expenses.
  • Ensure continuous analysis and understanding of Innovation Group's value proposition relative to the competition.
Requirements
  • BSc (Actuarial Mathematics) / BSc (Actuarial Science) or similar degree and registered with a recognized actuarial institute.
  • Completed at least two Core Practice Modules CA1/(A301), and/or one Specialist Principles examination preferable F103/ST3 General Insurance or ST8/SP8 General Insurance Pricing.
  • A minimum of 3 years pricing experience.
  • Pricing experience in the short-term Insurance Industry or automotive value add products will be an advantage.
What We Offer
  • Permanent contract.
  • A competitive salary.
  • Access to medical aid and provident fund.
  • Continuous learning and training.
  • Hybrid Working Opportunities.


  • Johannesburg, Gauteng, South Africa Tumaini Consulting Full time

    Actuarial Pricing Specialist Role SummaryA prominent and well-established company is seeking a dynamic Actuarial Pricing Specialist to join their team. The ideal candidate will have a strong background in actuarial modelling and pricing, and be eager to contribute to innovative product development in a forward-thinking environment.Key Responsibilities:•...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Actuarial Pricing SpecialistWe are seeking an experienced Actuarial Pricing Specialist to join our team at Network Recruitment. As a key member of our insurance team, you will be responsible for developing and maintaining pricing models for new and existing insurance products.Key Responsibilities:Develop and enhance pricing models to ensure financial...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    About the RoleWe are seeking a skilled Actuarial Pricing Specialist to join our team at Network Recruitment. As an Actuarial Pricing Specialist, you will play a critical role in designing and implementing innovative pricing models that ensure our products remain competitive and aligned with market demands.Key ResponsibilitiesDevelop and maintain robust...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Actuarial Pricing SpecialistWe are seeking a highly skilled Actuarial Pricing Specialist to join our team at Network Recruitment. As an experienced Actuary with a knack for pricing strategies and data analysis, you will play a key role in shaping the future of our insurance offerings.Key Responsibilities:Develop, enhance, and maintain pricing models for both...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Actuarial Pricing Role ==================== Are you a skilled actuary with a passion for pricing and data-driven decision-making? Network Recruitment is working with a leading insurance company to find a talented Actuarial Pricing Specialist to contribute to the design and implementation of innovative pricing models. Key...


  • Johannesburg, Gauteng, South Africa Innovation Group Full time

    Actuarial Pricing SpecialistWe are seeking a highly skilled Actuarial Pricing Specialist to join our team at Innovation Group. As an Actuarial Pricing Specialist, you will play a critical role in developing and maintaining pricing models, analyzing product pricing and profitability, and providing strategic recommendations to drive business growth.Key...


  • Johannesburg, Gauteng, South Africa Micah Govender Developments Full time

    Job Title: Actuarial Pricing SpecialistWe are seeking a highly skilled Actuarial Pricing Specialist to join our team at Micah Govender Developments. As an Actuarial Pricing Specialist, you will be responsible for maintaining, developing, and implementing market-leading Short-Term Insurance pricing models.Key Responsibilities:Maintain and develop pricing...


  • Johannesburg, Gauteng, South Africa Micah Govender Developments Full time

    Job Title: Actuarial Pricing SpecialistAt Micah Govender Developments, we are seeking a highly skilled Actuarial Pricing Specialist to join our team. As an Actuarial Pricing Specialist, you will play a critical role in pricing and managing the risk of new and existing business to ensure profitability and sustainability.Key Responsibilities:Maintain, develop,...


  • Johannesburg, Gauteng, South Africa Micah Govender Developments Full time

    Job Title: Actuarial Pricing SpecialistAt Micah Govender Developments, we are seeking a highly skilled Actuarial Pricing Specialist to join our team. As an Actuarial Pricing Specialist, you will play a critical role in pricing and managing the risk of new and existing business to ensure profitability and sustainability.Key Responsibilities:Maintain, develop,...


  • Johannesburg, Gauteng, South Africa Micah Govender Developments Full time

    Job Title: Actuarial Pricing SpecialistThe Actuarial Pricing Specialist will play a crucial role in ensuring the profitability and sustainability of our Short-Term Insurance business. This position requires a strong understanding of actuarial modelling and pricing principles, as well as excellent analytical and problem-solving skills.Key...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Key Responsibilities:We are seeking an Actuarial Pricing Specialist to develop and enhance pricing models for short-term insurance products. Collaboration with underwriting and risk management teams is required to optimize product performance.Requirements:Strong actuarial background with relevant qualificationsExpertise in short-term insurance pricing and...


  • Johannesburg, Gauteng, South Africa Micah Govender Developments Full time

    Job Title: Actuarial Pricing SpecialistAt Micah Govender Developments, we are seeking a highly skilled Actuarial Pricing Specialist to join our team. As a key member of our pricing team, you will be responsible for developing and implementing market-leading pricing models for our Short-Term Insurance products.Key Responsibilities:Maintain, develop, and...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    We are seeking an experienced Actuary with a knack for pricing strategies and data analysis to shape the future of our insurance offerings. As a highly skilled Actuarial Pricing Specialist, you will drive competitive pricing, profitability, and business success at a leading insurance company.Key Responsibilities:Develop, enhance, and maintain pricing models...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Pricing Actuary Job DescriptionWe are seeking a skilled Actuarial Pricing Specialist to drive competitive pricing, profitability, and business success within our insurance company. As a key member of our team, you will develop, enhance, and maintain pricing models for new and existing insurance products, ensuring financial sustainability and market...


  • Johannesburg, Gauteng, South Africa Tumaini Consulting Full time

    Seeking an Actuarial Pricing SpecialistA prominent and well-established company is actively seeking a dynamic Actuarial Pricing Specialist to contribute to innovative product development in a forward-thinking environment.Key Responsibilities:Develop and implement actuarial models and pricing strategies for insurance productsAnalyse data and provide insights...


  • Johannesburg, Gauteng, South Africa Micah Govender Developments Full time

    Job Title: Actuarial Pricing SpecialistWe are seeking a highly skilled Actuarial Pricing Specialist to join our team at Micah Govender Developments. As an Actuarial Pricing Specialist, you will play a critical role in maintaining, developing, and implementing market-leading Short-Term Insurance pricing models.Key Responsibilities:Maintain and develop pricing...


  • Johannesburg, Gauteng, South Africa Nedbank Full time

    Job ClassificationREQ: 133359Division: Nedbank Insurance | CSAEmployment Equity Statement: Preference will be given to individuals from underrepresented groups.Job DescriptionAt Nedbank, we are seeking a highly skilled Actuarial Pricing Specialist to join our team. In this role, you will be responsible for developing and implementing new business pricing...


  • Johannesburg, Gauteng, South Africa Micah Govender Developments Full time

    Role OverviewMicah Govender Developments is seeking an Actuarial Pricing Specialist to join our team. As an Actuarial Pricing Specialist, you will be responsible for pricing and managing the risk in respect of new and existing business to ensure profitability and sustainability.Key ResponsibilitiesMaintain, develop, and implement market leading Short-Term...


  • Johannesburg, Gauteng, South Africa Tumaini Consulting Full time

    A renowned insurance company seeks an Actuarial Pricing Specialist to contribute to their team in Johannesburg. Key requirements include:* A Bachelor's degree in Actuarial Sciences* Being a qualified actuary or nearly qualified actuary* At least 5 years of experience in actuarial modeling and pricing within the Short-Term Insurance industryPreferred...


  • Johannesburg, Gauteng, South Africa Network Recruitment Full time

    About the RoleWe are seeking a highly skilled Actuarial Pricing Specialist to join our team at Network Recruitment. As a key member of our insurance sector, you will be responsible for developing and maintaining pricing models for new and existing insurance products. Your expertise will drive competitive pricing, profitability, and business success.Key...