Pricing Director Lead

7 days ago


Johannesburg, Gauteng, South Africa Network Recruitment Full time
Key Responsibilities

The Pricing Director Lead oversees pricing across various business units, ensuring financial targets are met. They lead a team of approximately 10 pricing professionals, collaborating with stakeholders to drive business objectives.

Main Tasks:
  • Oversee pricing for existing and new short-term insurance lines, including Commercial, Personal, Marine, Engineering, and Hospitality.
  • Manage and lead the pricing team, providing actuarial support to business units.
  • Develop and implement pricing best practices, aligning them with organizational plans.
  • Translating organizational plans into pricing strategies and risk management initiatives.
  • Create and maintain reports to monitor profitability and identify market opportunities.
Qualifications and Experience

To be successful in this role, you should have:

  • University Degree in Actuarial Science or a related field (NQF Level 7).
  • FASSA designation (or international equivalent) preferred.
  • At least 5 years of short-term insurance pricing experience, including modelling and deployment.
  • Proven experience advising senior management on actuarial matters.
Technical Skills and Knowledge

You should possess:

  • Proficiency in actuarial software (e.g., SAS, VBA), pricing tools, and statistical methods.
  • In-depth knowledge of the policy underwriting life cycle, inflation indexation, and rate change processes.
  • Strong problem-solving abilities and root-cause analysis skills.
About the Role

This is a challenging opportunity to take your career to the next level. The estimated salary for this position is $120,000 - $180,000 per annum, depending on location and experience.



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