Senior Actuarial Pricing Strategist

1 month ago


Pretoria, Gauteng, South Africa The Recruitment Council Full time

**Job Title:** Senior Actuarial Pricing Strategist

Company Overview:

The Recruitment Council is a leading provider of recruitment solutions for the insurance industry. We are currently seeking an experienced Actuarial Pricing Specialist to join our team.

Estimated Salary: $120,000 - $180,000 per annum

Job Description:

We are looking for a highly skilled Actuarial Pricing Specialist to take charge of pricing models and manage risk for both new and existing short-term insurance products. The ideal candidate will have a strong interest in short-term insurance and pricing products, with initiative in identifying areas for improvement and taking action.

Main Responsibilities:

  • Maintain, develop, and implement leading short-term insurance pricing models.
  • Identify and integrate data enhancements to improve pricing accuracy.
  • Oversee model performance against actual experience, addressing any weaknesses.
  • Develop pricing strategies for both new and existing business to meet growth and profitability targets.
  • Support the development and innovation of new products.
  • Ensure strict governance on pricing strategies.
  • Provide insights and support to the business using data and analytics.

Required Skills and Qualifications:

  • Bachelor's degree in Actuarial Sciences.
  • Qualified or nearly qualified actuary.
  • Minimum 5 years of actuarial modeling and pricing experience in short-term insurance.
  • Proficiency in tools like SQL, SAS, R, Python, Willis Towers Watson, Earnix, and AKUR8.
  • Advanced skills in Microsoft Excel.
  • Experience with programming and working with large datasets to create commercial insights.

Benefits:

  • A competitive salary range of $120,000 - $180,000 per annum.
  • A comprehensive benefits package, including health insurance and retirement savings plan.
  • Ongoing training and professional development opportunities.

Others:

This position is ideal for candidates with advanced experience in pricing and product development within the short-term insurance sector who are ready to drive impactful pricing initiatives.



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