Senior Actuarial Pricing Expert

1 month ago


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

We are seeking an experienced actuary to lead our Short-Term Pricing team as a Senior Actuarial Pricing Expert.

About the Role

This pivotal position involves leveraging expertise to develop, implement, and refine pricing models that drive business growth and ensure competitive edge in a fast-evolving market.

Key Responsibilities:
  • Pricing Analysis and Model Development: Lead analysis and model development for short-term insurance products, ensuring alignment with company objectives and market conditions.
  • Expert Advice: Provide expert actuarial advice to stakeholders on pricing, underwriting, and product development strategies.
  • Cross-Functional Collaboration: Collaborate closely with cross-functional teams, including underwriting, risk management, and sales, to develop and optimize pricing structures.
  • Performance Monitoring: Monitor and report on the performance of pricing strategies, adjusting as necessary to achieve profitability targets.
  • Pricing Policies and Procedures: Contribute to the development of pricing policies and procedures, ensuring compliance with regulatory requirements.
  • Mentorship: Mentor junior actuaries and analysts, sharing knowledge and helping to develop their skills.
Requirements
  • Exam Progression: Good exam progression with a strong background in short-term insurance pricing and actuarial modeling.
  • Actuarial Software Experience: Proven experience in the use of actuarial software, statistical analysis, and pricing techniques (e.g., GLMs, predictive modeling).
  • Analytical Skills: Strong analytical, communication, and problem-solving skills.
  • Teamwork: Ability to work independently and collaborate effectively in a team environment.
  • Leadership Experience: Experience in leadership or mentoring roles is a plus.
What We Offer

A highly competitive salary of $120,000 - $180,000 per annum, depending on experience, and a dynamic work environment.


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