▷ High Salary: Short-term Actuarial Analyst

2 months ago


Centurion, South Africa Jobted ZA C2 Full time

Are you passionate about analyzing risk and pricing strategies? Join our team as a Short-Term Pricing Actuarial Analyst and play a crucial role in shaping competitive and sustainable insurance pricing

Key Responsibilities:

- Pricing & Product Development: Support the development and pricing of short-term insurance products by analyzing claims data, market trends, and customer behavior.
- Data Analysis & Modeling: Build, maintain, and enhance pricing models to predict risk and optimize premiums across various customer segments.
- Monitoring & Reporting: Track and report on pricing effectiveness, including loss ratios, and other KPIs to assess profitability and suggest rate adjustments.
- Collaboration: Work closely with underwriting, sales, and product development teams to ensure accurate pricing aligned with business objectives.
- Compliance & Documentation: Ensure pricing models and processes comply with regulatory requirements and are accurately documented.

Requirements:

- Education: Bachelors Degree in Actuarial Science, Mathematics, Statistics, or a related field.
- Actuarial Exams: 8 exams plus.
- Technical Skills: Proficiency in actuarial modeling software, Excel, SQL, and experience with programming languages such as Python or R.
- Analytical Skills: Strong analytical and problem-solving skills, with a high attention to detail.
- Industry Knowledge: Understanding of short-term insurance products, risk factors, and market trends.
- Communication Skills: Ability to convey complex analytical insights to non-technical stakeholders effectively.



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