Pricing Actuary

3 weeks ago

Sandton, South Africa SCOR Full time

As part of this role, the key areas you will be involved in are as follows; 

Involvement in all pricing activities in the Life & Health domain in South Africa Assist in development of best-in-class bases Involvement in product development and product enhancements for life insurance products Pioneering thought leadership in (re)insurance industry Involvement in client relationship building from a technical perspective

Pricing

New and existing business pricing for all lines of life insurance business (Retail, Group, Credit Life, Financial Solutions)  Involvement in client tender pricing and proposals Experience investigations (incidence and terminations) Lapse investigations Group facultative reinsurance quotations

Basis Development

Internal basis development for all life insurance products Using modelling techniques to propose bases 

Product Development

Assisting in developing new products and/or product enhancements

Thought Leadership

Thought leadership in insurance industry Research and data analytics Involvement in client seminars, industry events and various publications

Client relationships

Fostering positive client interactions in the day-to-day work, thought leadership, and through supporting the Business Development team where necessary.

We are ideally looking for candidate who have the following experience and competencies.

Essential

Previous working experience in the Life (re-)insurance industry. Excellent knowledge of Microsoft packages (particularly Excel)

Desirable

Experience of coding  Strong technical, analytical and modelling skills. Takes accountability and can work independently. Produces a high standard of work with an appropriate level of attention to detail. Strong initiative and ability to manage multiple projects. Have an ability to network and cultivate relationships  Strong decision making abilities

Personal Competences

Excellent technical and analytical skills Attention to detail Good communication skills Self-motivated and pro-active Ability to work autonomously Flexible Innovative Team spirit
 

Education

Essential

Recently qualified Actuary / Very nearly qualified Good working knowledge of MS Excel, Word and VBA.

Desirable

Good working knowledge of any of the following: SAS, R, Python, SQL.

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