Insurance Pricing Specialist

2 days ago


Johannesburg, Gauteng, South Africa Network Recruitment Full time

Network Recruitment is seeking a highly skilled Insurance Pricing Specialist to play a key role in shaping competitive and sustainable insurance pricing strategies.

Pricing Strategy & Product Development: Support the development and pricing of short-term insurance products by analyzing claims data, market trends, and customer behavior. This involves collaborating with underwriting, sales, and product development teams to ensure accurate pricing aligned with business objectives.

Data Analysis & Modeling: Build, maintain, and enhance pricing models to predict risk and optimize premiums across various customer segments. Strong analytical and problem-solving skills, with a high attention to detail, are essential for this role.

Monitoring & Reporting: Track and report on pricing effectiveness, including loss ratios, and other KPIs to assess profitability and suggest rate adjustments. This requires the ability to convey complex analytical insights to non-technical stakeholders effectively.

Requirements:

  • Bachelor's Degree in Actuarial Science, Mathematics, Statistics, or a related field
  • Actuarial Exams: 8 exams plus
  • Proficiency in actuarial modeling software, Excel, SQL, and experience with programming languages such as Python or R

Salary Range: $80,000 - $110,000 per annum, depending on experience

We offer a dynamic work environment, opportunities for career growth, and a comprehensive benefits package. If you are a motivated and analytical professional looking to make a significant impact in the insurance industry, please apply now.



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