Actuarial Pricing Manager

3 weeks ago


Johannesburg, Gauteng, South Africa Micah Govender Developments Full time

Micah Govender Developments seeks a highly skilled Actuarial Pricing Specialist to join our team. The salary for this role is $120,000 - $180,000 per annum.

About the Role

This is a high-pressure environment where you will be responsible for pricing and managing risk in respect of new and existing business to ensure profitability and sustainability.

Responsibilities
  • Maintain, develop, and implement market leading Short-Term Insurance pricing models.
  • Explore and identify data and rating enhancements to inform pricing models.
  • Ownership of model performance against actual experience and acting on model weaknesses.
  • Developing and implementing pricing strategies for new and existing business to achieve growth and profit objectives.
  • Support the development of new and innovative products.
  • Drive, implement and maintain proper governance on pricing developed/deployed.
  • Support/advise the business using data and analytics.
Requirements
  • Bachelors degree in Actuarial Sciences.
  • Qualified actuary or nearly qualified actuary.
  • 5 years or more of Actuarial modelling and pricing experience within the Short-Term Insurance industry.
  • Experience with software packages like SQL, SAS, R, Python, Willis Towers Watson, Earnix and AKUR8.
  • Advanced Microsoft Office, in particular Excel, user.
  • Experience with programming and mining large datasets for commercial value.

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