Actuarial Pricing Strategist

1 month ago


Centurion, Gauteng, South Africa Energy At Work Full time

We are seeking an experienced Actuarial Pricing Specialist to join our team at Energy At Work. This role plays a crucial part in driving the success of our Short-Term Insurance business.

Key Responsibilities
  • Pricing Model Development

We need someone who can develop, maintain and implement industry-leading Short-Term Insurance pricing models that drive growth and profitability for our business.

Data Analysis

The successful candidate will identify data and rating enhancements to optimize our pricing models.

Model Performance Monitoring

They will monitor and own the performance of models against actual experience and address any weaknesses.

Pricing Strategy Execution

The ideal candidate will lead the development and execution of pricing strategies for both new and existing business.

Innovative Product Development

Supporting the development of innovative products informed by data-driven insights is also key to this role.

Governance

Ensuring governance over all pricing models and processes is essential.

Collaboration

The Actuarial Pricing Specialist will collaborate with cross-functional teams to support the business using advanced analytics.

Qualifications
  • A Bachelor's degree in Actuarial Sciences or a related field.
  • Qualified or nearly qualified actuary.
  • 5+ years of experience in actuarial modeling and pricing within Short-Term Insurance.
  • Proficient in software packages such as SQL, SAS, R, Python and tools like Willis Towers Watson, Earnix, AKUR8.
  • Advanced user of Microsoft Office, particularly Excel.
  • Strong experience with programming and mining large datasets for commercial value.
Skills and Attributes
  • Passion for Short-Term Insurance and product pricing.
  • Exceptional attention to detail and accuracy.
  • Strong decision-making ability with a focus on practical and financially sound solutions.
  • Self-starter with the ability to take ownership of tasks and see them through to completion.
  • Ability to work under pressure and manage multiple projects simultaneously.
  • Excellent communication skills, both written and verbal.
What We Offer

We offer a competitive salary range of $100,000 - $120,000 per annum based on experience, as well as opportunities for professional growth and development.



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