Pricing Leadership Position in Short-Term Insurance
1 month ago
We are a leading commercial risk specialist dedicated to proactive risk management and superior customer service. As a forward-thinking organization, we partner with customers and brokers to safeguard their businesses and enhance their risk profiles across the continent.
Job OverviewThis is an exciting opportunity for a seasoned professional to join our team as a Pricing Leader in Short-Term Insurance. We are seeking an individual with extensive experience in pricing, underwriting, portfolio management, and general management. If you have a strong background in actuarial science, excellent leadership skills, and a passion for driving business growth, we want to hear from you.
Key Responsibilities- Evaluate existing and potential new lines of business across short-term insurance offerings, including Commercial Lines, Personal Lines, Marine, Engineering, and Hospitality.
- Lead and manage a pricing team, overseeing approximately 10 individuals.
- Collaborate with various stakeholders across the organization to ensure alignment with financial targets.
- Analyse portfolio results to guide pricing decisions and explore alternative courses of action as needed to achieve business objectives.
- Develop and implement pricing best practices, including system design and procedures.
- Oversight of pricing tools used, including contracting, budgeting, implementation, and alignment with industry best practices.
To succeed in this role, you will need:
- A minimum NQF Level 7 (University degree) in Actuarial Science or related field.
- A qualified FASSA designation of the Actuarial Society of South Africa or equivalent.
- Minimum five years' experience in short-term insurance pricing, including modelling and deployment.
- Experience providing actuarial advice to senior management.
- Strong background in underwriting, portfolio management, and general management.
- Experience in project management and large-scale IT development projects.
R1,200,000 - R1,800,000 per annum, depending on experience.
BenefitsWe offer a competitive salary, comprehensive benefits package, and opportunities for professional growth and development.
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