Pricing Specialist

2 weeks ago


Sandton, South Africa Discovery Ltd. Full time

**Business Unit**:Discovery Employee Benefits

**Function**:Administration and Office Support

**Date**:10 Feb 2025
- Achieve more than**YOU BELIEVE**
- Discovery Corporate & Employee Benefits
- Pricing Specialist (Junior)

**About Discovery**
- Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.

**About Discovery Corporate & Employee Benefits**
- Discovery Corporate and Employee Benefits is the first and only employee benefits provider to shape employee behaviour, creating healthier and wealthier workforces. It is an exciting business to be in as we reimagine the way retirement savings and life insurance are brought to companies and employees.

**Key Purpose**
- The processing of new and existing business quotations.

**Areas of responsibility may include but not limited to**
- Liaise with internal client’s such as Servicing Consultants, Group risk Franchises, Administration and Management.
- Analyzing the risk and the profitability of each scheme.
- Monitoring the profitability of existing business - this is done during the revision process.
- Analyzing the claims experience and making suggestions to the Pricing Manager regarding Group Risk Terms.
- Knowledge of all the risk factors such as occupation and industry, admin and profit factors and their interdependency.
- Knowledge of all the Retirement (Provident & Pension Funds).
- Knowledge of components of Umbrella business Inclusive, Admin Cost, Exclusive
- Preparation and distribution of quote documents Group Risk and or Umbrella.
- Illustration of the value proposition of Discovery’s benefit enhancements.
- Analyzing of raw data
- Personal Attributes
- Highly analytical
- Delivering Results and Meeting Customer Expectations
- Planning & Organizing
- Speed and accuracy
- Competent and reliable
- Willingness to learn and give ideas
- Good communication skills
- Deadline Driven
- Service orientated

**Education and Experience**
- Matric Mathematics (essential)
- Maths or Actuarial degree would be advantageous but not essential.
- Experience in data analysis recommended.
- Computer literate: Microsoft Office: Word, Excel and Outlook.
- Keen knowledge of the insurance industry. Trends, new developments and other underwriter’s objectives (Advantageous).
- A sound mathematical knowledge is essential.
- Statistical knowledge advantageous.
- A qualification in the insurance industry advantageous.
- Must have passed a major Mathematics or Statistics course at first year level at Tertiary.
- 3 - 5 years Risk Pricing experience within the Insurance Industry.

**Employment Equity**

The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.
- EMPLOYMENT EQUITY

The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.



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