Actuarial Pricing Analyst (Sti)

Morton Moore Pty Ltd; South Africa; In loco; ZAR 502.000 - 893.000; Tempo pieno

Vantaggi offerti da questo lavoro

Medical aid

Retirement annuity

Yearly performance bonus

Loyalty bonus

Long service awards

15 annual leave days

Annual salary reviews

Descrizione del lavoro

Morton Moore Pty Ltd in George, Western Cape is seeking a Pricing Analyst to join on a permanent basis. The role focuses on developing, monitoring and refining pricing models for insurance products to support profitable growth.

On-site position with relocation to George; you will collaborate with actuarial, underwriting and product teams, analyze large data sets, conduct rate reviews, and translate findings into clear recommendations for stakeholders.

Competenze

• Relevant tertiary qualification in actuarial science, statistics, mathematics, data science, economics or a similar quantitative field.
• Proven experience in pricing analysis, preferably within insurance or financial services.
• Strong analytical and statistical modelling skills with large data sets.
• Proficiency in SQL, Excel, Python or R for data analysis and reporting.

Mansioni

• Develop, maintain and refine pricing models for insurance products.
• Analyse large data sets to identify pricing trends, risk drivers and opportunities.
• Monitor portfolio performance and recommend pricing adjustments.
• Conduct rate reviews and assess impacts on volume and profitability.
• Build and maintain dashboards tracking pricing and performance metrics.
• Collaborate with actuarial, underwriting, product and marketing teams to align pricing with objectives.
• Benchmark pricing through competitor and market analysis.
• Test and validate pricing structures prior to implementation and support post-implementation reviews.
• Translate complex technical findings into clear recommendations for non-technical stakeholders.
• Support implementation of pricing changes on internal systems and verify accuracy.
• Assist with scenario modelling, sensitivity analysis and profitability forecasting.
• Ensure pricing activity complies with regulatory and internal governance requirements.
• Document pricing methodologies, assumptions and model changes.
• Contribute to continuous improvement of pricing tools, processes and data quality.

Conoscenze

Pricing analysis

SQL

Excel

Python

R

Data analysis

Formazione

Actuarial science, statistics, mathematics or data science

Strumenti

SQL

Excel

Python

R

Descrizione del lavoro

Job Description

Overview Our client, a well established insurance and financial services provider based in George in the Western Cape, is seeking a skilled Pricing Analyst to join their team on a permanent basis. The successful candidate will play a central role in developing, monitoring and refining pricing models that support profitable growth across the business. This is an on-site position and relocation to George is required.

Key Responsibilities

• Develop, maintain and refine pricing models for a range of insurance products.
• Analyse large data sets to identify pricing trends, risk drivers and areas of opportunity.
• Monitor portfolio performance and recommend pricing adjustments where required.
• Conduct rate reviews and assess the impact of proposed pricing changes on volume and profitability.
• Build and maintain reporting dashboards that track key pricing and performance metrics.
• Work closely with actuarial, underwriting, product and marketing teams to align pricing with business objectives.
• Perform competitor and market analysis to benchmark pricing positioning.
• Test and validate pricing structures prior to implementation, and support post implementation reviews.
• Translate complex technical findings into clear recommendations for non technical stakeholders.
• Support the implementation of pricing changes on internal systems and verify accuracy.
• Assist with scenario modelling, sensitivity analysis and profitability forecasting.
• Ensure all pricing activity complies with relevant regulatory and internal governance requirements.
• Document pricing methodologies, assumptions and model changes.
• Contribute to continuous improvement of pricing tools, processes and data quality.

Requirements

• Relevant tertiary qualification in actuarial science, statistics, mathematics, data science, economics or a similar quantitative field.
• Proven experience in pricing analysis, preferably within insurance or financial services.
• Strong analytical and statistical modelling skills, with the ability to work confidently with large data sets.
• Proficiency in data analysis and reporting tools such as SQL, Excel, Python or R.
• Sound commercial understanding and the ability to link technical analysis to business outcomes.
• Excellent communication skills and the ability to present findings to a range of stakeholders.
• Willingness to relocate to George in the Western Cape.
• Able to work on-site, as this is non-negotiable.
• Preference will be given to Employment Equity candidates, specifically Coloured, African and Indian male candidates. Applications from candidates outside this requirement will only be considered once all other avenues have been exhausted.

Benefits and Compensation

Our client is offering a salary of R 45 000 to R 80 000 per month, structured as a cost to company package of up to R 75 000 per month.

• Medical aid contribution of R 1 000 per month.
• Retirement annuity contribution of R 1 000 per month.
• Yearly performance bonus.
• Third year loyalty bonus.
• Long service awards and rewards in five year increments.
• 15 annual leave days.
• Annual salary reviews.

Requirements

• Cost to company of R 75 000 per month.
• Medical aid contribution of R 1 000.
• Retirement annuity contribution of R 1 000.
• Yearly bonus.
• Third year loyalty bonus.
• Long service awards and rewards in five year increments.
• 15 annual leave days.
• Annual salary reviews.