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    • Actuarial Pricing Specialist - Pretoria - The Recruitment Council

    The Recruitment Council
    The Recruitment Council Pretoria

    3 weeks ago

    the recruitment council background
    Description

    Job Title: Actuarial Pricing Specialist

    Role Purpose:

    This role is designed for a skilled Actuarial Pricing Specialist to take charge of pricing models and manage risk for both new and existing short-term insurance products. The ideal candidate will excel in a dynamic, high-pressure environment, delivering high-quality work to meet tight deadlines.

    Responsibilities:

    • Maintain, develop, and implement leading short-term insurance pricing models.
    • Identify and integrate data enhancements to improve pricing accuracy.
    • Oversee model performance against actual experience, addressing any weaknesses.
    • Develop pricing strategies for both new and existing business to meet growth and profitability targets.
    • Support the development and innovation of new products.
    • Ensure strict governance on pricing strategies.
    • Provide insights and support to the business using data and analytics.

    Key Competencies:

    • Strong interest in short-term insurance and pricing products.
    • Initiative in identifying areas for improvement and taking action.
    • Creative and practical problem-solving skills.
    • SOUND financial decision-making abilities.
    • High level of accountability and independence.
    • Strong time management skills, with the ability to meet project deadlines.
    • Strong attention to detail and accuracy.
    • Excellent verbal and written communication skills.

    Qualifications & Experience:

    • Bachelor's degree in Actuarial Sciences.
    • Qualified or nearly qualified actuary.
    • Minimum 5 years of actuarial modeling and pricing experience in short-term insurance.
    • Proficiency in tools like SQL, SAS, R, Python, Willis Towers Watson, Earnix, and AKUR8.
    • Advanced skills in Microsoft Excel.
    • Experience with programming and working with large datasets to create commercial insights.

    This position is ideal for candidates with advanced experience in pricing and product development within the short-term insurance sector who are ready to drive impactful pricing initiatives.

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