Segment Pricing Actuary – Australia

6 days ago

Cape Town, Western Cape, South Africa Network2 Full time US$80 000 - US$150 000 per year
A global reinsurer business, with an established presence in multiple international markets, is seeking an experienced Actuary to join its pricing function. The role is based in Cape Town and forms part of a team supporting life and health portfolios across Australia and New Zealand, with additional interaction across other global regions.

This position offers rare exposure to mature offshore insurance markets and provides the opportunity to work closely with international colleagues while contributing to pricing development, in-force management, and client solutions.

Key Responsibilities:
  • Develop and maintain pricing bases and technical terms for life and health business in the Australia and New Zealand markets.
  • Conduct pricing reviews and monitor existing treaties to ensure ongoing profitability and alignment with company standards.
  • Support tender processes for both new and existing clients.
  • Assess risk exposure and contribute to risk management decisions.
  • Collaborate with global pricing teams and work effectively across different time zones.
  • Communicate complex actuarial concepts clearly to both technical and non-technical stakeholders.

Job Experience and Skills Required:
  • Education:
    • Degree in Actuarial Science, Actuarial Mathematics, Statistics, or a related quantitative field
    • FASSA
  • Experience:
    • Minimum of 5 years actuarial experience
    • Background in pricing retail life insurance products
    • Experience working with mortality and morbidity datasets or studies
    • Ability to work autonomously while contributing effectively in a collaborative environment
    • Comfortable operating across international time zones
  • Skills:
    • Exposure to reinsurance pricing
    • Proficiency in statistical or coding tools such as VBA, SQL, R, or similar
    • Knowledge of the Australian or New Zealand life insurance landscape
    • Experience with actuarial modelling software (e.g., GGY AXIS)
    • Prior involvement in analytics or experience analysis projects
Apply now
 
For more exciting Actuarial and Analytics vacancies, please visit:
Network Recruitment International – Finance Jobs
 
I also specialise in recruiting in the following:
  • Actuarial: Life, Short-Term, Health, Pensions, and Quantitative
  • Data & Analytics: Data Scientists, Data Analysts (Python, R, SQL, Machine Learning)
  • Risk: Credit Risk, Market Risk, Model Risk, and Operational Risk Analysts
  • Pricing: Specialists in Insurance and Financial Products
  • AI & Machine Learning: ML Ops, NLP, Predictive Modelling Data Scientists
  • Quantitative: Experts across Banking, Insurance, and FinTech
If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.

For more information, contact:
Zahrah Gani
Specialist Recruitment Consultant

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