Actuarial Pricing Specialist II
1 day ago
Micah Govender Developments seeks an experienced Actuarial Pricing Specialist II to join our team. This role requires a high degree of analytical skill, with expertise in actuarial modeling and pricing.
Key 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.
Requirements:
- Bachelors degree in Actuarial Sciences or related field.
- Qualified actuary or nearly qualified actuary.
- 5 years or more of Actuarial modelling and pricing experience within the Short-Term Insurance industry.
- Advanced Microsoft Office user, particularly Excel.
- Experience with programming and mining large datasets for commercial value.
Competencies:
- Passion for Short-Term Insurance (STI) and pricing STI products.
- Taking initiative to identify areas for improvement and act on it.
- Being creative and finding innovative solutions.
- Making practical and financially sound decisions.
The estimated salary for this position is R1 200 000 - R1 500 000 per annum, depending on experience.
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