Actuarial Pricing Analyst — Shape Risk & Growth

Santam Insurance; Cape Town; On-site; ZAR 350,000 - 520,000; Full time

Job summary

Santam, South Africa's leading general insurer, invites applications for an Actuarial Analyst in the Personal Lines Pricing team. You will transform data into insights to support profitable growth, collaborating with cross-functional teams to develop innovative pricing and risk management solutions.

Based at Santam's Head Office in Bellville, Cape Town, or Sandton, Johannesburg, you will contribute to pricing strategies across markets and channels, stay ahead of industry developments, and drive

Qualifications

• Bachelor/Hons in Actuarial Science or similar
• Actuarial qualification in progress
• 1–2 years general insurance pricing experience
• Strong analytics and modelling skills

Responsibilities

• Develop, maintain, and enhance actuarial models and analytical processes to support business objectives and regulatory compliance.
• Design and implement pricing and risk management strategies that drive sustainable growth and portfolio performance.
• Monitor and report on financial, underwriting, and distribution indicators; create insights and recommendations.
• Collaborate with Distribution, Claims, Underwriting and Product teams to incorporate market trends and customer needs into pricing strategies.
• Identify opportunities for process optimisation and automation to improve efficiency and outcomes.

Skills

Analytical thinking

Modelling

Pricing

Data interpretation

Education

Actuarial Science degree

Actuarial qualification in progress

Tools

SAS

SQL

R

Python

Emblem

Radar

Job description

Santam, South Africa's leading general insurer, invites applications for an Actuarial Analyst in the Personal Lines Pricing team. You will transform data into insights to support profitable growth, collaborating with cross-functional teams to develop innovative pricing and risk management solutions.

Based at Santam's Head Office in Bellville, Cape Town, or Sandton, Johannesburg, you will contribute to pricing strategies across markets and channels, stay ahead of industry developments, and drive