Head of Pricing

Truffle; Sandton; On-site; ZAR 500,000 - 600,000; Full time

Job summary

A leading insurance solutions provider in Gauteng is seeking a Strategic Actuarial Leader to head Non-Life Pricing & Structuring. This role involves shaping pricing strategies, developing client-centric solutions, and providing strategic leadership in a dynamic environment. The ideal candidate has 5-8 years’ experience in non-life insurance, a solid understanding of pricing methodologies, and strong leadership capabilities.

Qualifications

• 5 - 8 years’ experience in the non-life insurance industry.
• Advanced understanding of pricing methodologies.
• Exposure to SAM capital regime and regulatory frameworks.

Responsibilities

• Lead Non-Life Pricing & Structuring team.
• Shape pricing strategies and structuring deals.
• Develop client-centric solutions to drive business growth.

Skills

Actuarial pricing methodologies

Leadership capabilities

Analytical skills

Problem-solving skills

Excellent communication

Education

Qualified or nearly qualified actuary (FASSA or equivalent)

Completion of F103 (General Insurance Principles)

Job description

Introduction:

Join a prominent player in the insurance and risk solutions sector, renowned for driving innovation and delivering tailored, data-driven offerings. With a strong commitment to technical excellence and sustainable client value, this organisation empowers its actuarial talent to shape the future of insurance solutions. If you’re ready to lead at the forefront of non-life pricing and product structuring, this is the opportunity for you.

Role Responsibilities:

As the Strategic Actuarial Leader, you will head up the Non-Life Pricing & Structuring team, with a focus on cell captive insurance portfolios. You’ll play a key role in shaping pricing strategies, structuring deals, and developing client-centric solutions that drive business growth. Key responsibilities include:

• Providing strategic leadership and vision for the pricing and structuring team.
• Leading product development, pricing frameworks, and structuring initiatives across diverse portfolios.
• Reviewing and signing off pricing models in line with regulatory and governance standards.
• Overseeing rate reviews and ensuring competitive pricing across the existing suite.
• Partnering with business development and technical teams to structure new deals and tailor client solutions.
• Supporting innovation in bespoke product design, focused on profitability and market relevance.
• Monitoring financial performance, profitability, and compliance with actuarial best practices.
• Acting as a senior technical advisor to internal and external stakeholders.

Experience Requirements:

We’re looking for an experienced actuarial professional with a proven track record in non-life pricing and deal structuring:

• 5 - 8 years’ experience in the non-life (short-term) insurance industry.
• Advanced understanding of actuarial pricing methodologies and product structuring principles.
• Exposure to the SAM capital regime and regulatory frameworks.
• Excellent analytical, problem-solving, and decision-making abilities.
• Demonstrated leadership capabilities in managing high-performing technical teams.
• Outstanding communication skills, with the ability to convey complex concepts to non-technical audiences.
• Commercially astute and client-focused, with a collaborative and innovative approach.

Education Requirements:

• Qualified or nearly qualified actuary (FASSA or equivalent international designation).
• Successful completion of F103 (General Insurance Principles) or an equivalent short-term insurance exam.

About Truffle:

At Truffle, we specialize in connecting top actuarial and analytics professionals with exciting career opportunities. Join our network to access roles tailored to your expertise and ambitions.

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