Actuarial Manager — Short-Term Pricing & Strategy

FirstRand; Randburg; On-site; ZAR 1,200,000 - 1,800,000; Full time

Job summary

FirstRand is seeking an Actuarial Manager for Short-Term Insurance Pricing to lead a pricing team and deliver end-to-end pricing solutions. You will guide junior and senior staff, influence pricing strategies, and present insights to boards, regulators, and executive committees to support business goals.

The role emphasises complex data analysis, governance of pricing processes, and collaboration across functions to drive growth and ensure risk-managed pricing in a dynamic environment.

Qualifications

• BSc degree in Actuarial Science.
• Nearly Qualified Actuary (completed all core actuarial exams and actively working toward Fellowship).
• A minimum of 9 years relevant Actuarial work experience, with at least 5 years in Pricing or actuarial team within Short Term Insurance.
• Strong analytical and problem-solving skills with meticulous attention to detail and the ability to handle complex datasets.
• Proficiency in Microsoft Excel and familiarity with actuarial software (SQL, SAS, Python, R, Power BI, Emblem, Radar or other GLM software).

Responsibilities

• Contribute to and influence Pricing strategies and budget goals.
• Display teamwork and inclusivity across pricing functions.
• Manage team performance to meet business objectives.
• Develop and nurture cross-functional relationships for improved delivery.
• Oversee pricing across the value chain and ensure alignment with strategy.

Skills

Actuarial pricing

Data analysis

Excel

SQL

SAS

Python

R

Power BI

GLM

Education

BSc in Actuarial Science

Nearly Qualified Actuary

Tools

SAS

Python

R

Power BI

Emblem

Radar

GLM software

Job description

FirstRand is seeking an Actuarial Manager for Short-Term Insurance Pricing to lead a pricing team and deliver end-to-end pricing solutions. You will guide junior and senior staff, influence pricing strategies, and present insights to boards, regulators, and executive committees to support business goals.

The role emphasises complex data analysis, governance of pricing processes, and collaboration across functions to drive growth and ensure risk-managed pricing in a dynamic environment.