Actuarial Analyst - Pricing - WhatJobs Direct

Placements24; Paarl; Híbrido; ZAR 680.000 - 920.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Medical aid

Retirement fund

Study assistance

Hybrid work arrangement

Descripción de la vacante

Placements24 in Paarl, Western Cape, invites an experienced Actuarial Analyst to join the pricing team. You will develop and refine pricing models for insurance products, analyze historical data, and collaborate with underwriters and product developers to ensure competitive and sustainable pricing.

This role requires a degree in actuarial science or a related field, progress towards actuarial exams (3–5 passed), and at least four years in actuarial pricing.

Formación

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related quantitative field.
• Progress towards actuarial exams (3–5 passed) with ASISA exposure.
• Minimum 4 years actuarial experience focusing on pricing in insurance.
• Proficiency in Prophet, R, Python, SQL and advanced Excel.
• Strong analytical, problem-solving and communication skills.

Responsabilidades

• Develop, implement, and maintain actuarial models for pricing insurance products.
• Analyze historical data to identify trends, assess risk, and inform pricing decisions.
• Collaborate with underwriting and product teams to ensure pricing strategies align with business objectives.
• Perform sensitivity analysis and scenario testing on pricing models.
• Assist in development of new insurance products with actuarial insights and pricing support.
• Prepare reports and presentations on pricing outcomes for senior management.
• Stay current with actuarial best practices, tools, and techniques.
• Mentor junior analysts and share expertise within the team.

Conocimientos

Analytical thinking

Communication skills

Interpersonal skills

Problem solving

Team collaboration

Educación

Bachelor's degree in Actuarial Science/Mathematics/Statistics

Actuarial exams 3–5 passed (ASSA)

Herramientas

Prophet

R

Python

SQL

Excel

Descripción del empleo

About the Role

Our client, a forward-thinking insurance company, is seeking a talented Actuarial Analyst to join their dynamic pricing team in Paarl, Western Cape . This role is integral to the development and refinement of pricing models for a variety of insurance products. The Actuarial Analyst will leverage their quantitative skills to assess risk, analyze data, and contribute to the profitable growth of the business. This is an excellent opportunity for an ambitious actuarial professional looking to advance their career in a supportive and challenging environment. You will work closely with underwriters and product developers to ensure competitive and sustainable pricing.

Key Responsibilities

• Develop, implement, and maintain actuarial models for pricing insurance products.
• Analyze historical data to identify trends, assess risk, and inform pricing decisions.
• Collaborate with underwriting and product teams to ensure pricing strategies align with business objectives.
• Perform sensitivity analysis and scenario testing on pricing models.
• Assist in the development of new insurance products by providing actuarial insights and pricing support.
• Ensure compliance with regulatory requirements and actuarial standards of practice.
• Prepare reports and presentations on pricing outcomes and recommendations for senior management.
• Stay current with actuarial best practices, tools, and techniques.
• Contribute to the continuous improvement of pricing methodologies and data management processes.
• Mentor junior analysts and share expertise within the team.

Requirements

• A Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Progress towards actuarial exams (e.g., Actuarial Society of South Africa) with a minimum of 3-5 exams passed.
• A minimum of 4 years of experience in actuarial work, with a focus on pricing in the insurance industry.
• Proficiency in actuarial software (e.g., Prophet, R, Python, SQL) and advanced Excel skills.
• Strong analytical, problem-solving, and quantitative modeling skills.
• Excellent communication and interpersonal skills, with the ability to explain complex concepts clearly.
• Understanding of the insurance market in Paarl, Western Cape and surrounding regions.
• Ability to work effectively both independently and as part of a collaborative team.
• A proactive approach to learning and professional development.
• High level of attention to detail and accuracy.

Benefits

• This Actuarial Analyst position offers a competitive annual salary of , commensurate with qualifications and experience.
• Our client provides a comprehensive benefits package including medical aid, a retirement fund, and study assistance for ongoing actuarial exams.
• We believe in fostering talent and offer significant opportunities for career progression within the actuarial field.
• The hybrid work arrangement provides flexibility, blending focused remote work with valuable in-office collaboration in Paarl, Western Cape .
• Join a company that values analytical rigor and offers a rewarding career path.