Senior Actuarial Specialist

4 days ago


Sandton, South Africa Hollard Recruitment Full time

Hello from Hollard

 A new exciting Senior Actuarial Specialist opportunity has just become available in our Insure Risk & Underwriting area (Commercial Pricing Area).

Role Objectives

This role will provide wide exposure across the range of pricing and portfolio management activities together with variety in work through interactions across the business. The role will support the fun and dynamic Pricing team with their pricing, monitoring, and analytical functions. The product portfolio within Hollard Insure spans across personal, commercial, and niche products giving the successful applicant exposure to a wide variety of products – an ideal opportunity to widen horizons.

Key Responsibilities

Pricing & Portfolio Monitoring

  • Responsible for the design and pricing of products in line with the product development control This includes modelling, implementing, testing, and monitoring of rates, premiums and discounts.
  • Support the structuring and pricing of both inward and outward reinsurance
  • Build tools and drive the adoption of these to support the pricing
  • Support portfolio management by identifying poor performing segments and suggested remedial
  • Co-ordinate the timeous provision of consolidated monthly and quarterly portfolio
  • Providing guidance and direction to the data acquisition team to ensure they acquire the data for the pricing
  • Assist in the data management and transformation processes, including the documentation of the processes thereof.
  • Liaise with Corporate Actuarial teams to optimize the cost of capital which needs to be allowed for in pricing

Relationship & Stakeholder Management

  • Establish and maintain relationships with Hollard Insure stakeholders – key stakeholders include Distribution, Underwriting, Risk Management, Reinsurance, IT and Data
  • Support Distribution teams on portfolio reviews and product
  • Liaise with internal stakeholders in particular IT and Data
  • Drive system implementation of models and

Risk Management & Governance

  • Provide support across the Risk and Underwriting function on analytical projects promoting underwriting
  • Manage pricing processes in line with the Pricing


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