Head: Pricing

Guardrisk; Sandton; On-site; ZAR 1,000,000 - 2,000,000; Full time

Job summary

Guardrisk invites a senior pricing actuary to lead the Pricing team and collaborate with clients and internal teams on pricing strategies for life insurance products. You will build robust technical pricing models, review new and existing products, and help ensure profitability and regulatory compliance.

The role requires an actuarial credential, life insurance pricing experience, and strong leadership to mentor junior analysts and drive strategic outcomes in a dynamic market.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics or related field.
• Qualified Actuary.
• Experience in life insurance pricing.
• Experience with managing a team would be advantageous.

Responsibilities

• Support pricing strategies for life insurance products.
• Review and refine pricing models to ensure competitiveness and profitability.
• Develop robust technical pricing models.
• Ensure regulatory and professional compliance by reviewing new products against relevant guidelines.
• Contribute to the structuring and negotiation of new deals to optimize business outcomes.
• Lead and mentor the Pricing team, providing guidance to junior actuarial analysts.
• Engage with clients and internal stakeholders to communicate complex technical insights effectively.

Skills

Analytical

Leadership

Communication

Team mentoring

Education

Bachelor's degree in Actuarial Science, Mathematics, Statistics or related field

Qualified Actuary

Job description

Guardrisk is the undisputed market leader in cell captive insurance and risk solutions. We are renowned for our innovative approach to cell captive structures and other alternative risk transfer solutions for our clients. Guardrisk offers clients custom designed cover and is registered in South Africa as an insurer for all statutory classes of non-life and life insurance business.

Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.

Role Purpose

The role will play an integral part at Guardrisk, working in a unique environment along with our clients and internal teams to review and sign off on new/changing products and pricing. This role includes technical pricing work, working on multiple other facets of the solutions, working with clients, structuring of deals, solving interesting problems in the business and management of the Pricing team.

Requirements

Experience and Qualification:

• Bachelor's degree in Actuarial Science, Mathematics, Statistics or related field
• Qualified Actuary
• Experience in life insurance pricing
• Experience with managing a team would be advantageous

Duties & Responsibilities

Main Responsiblities:

• Support pricing strategies for new and existing group and individual life insurance products.
• Review and refine pricing models to ensure competitiveness and profitability.
• Develop robust technical pricing models.
• Ensure regulatory and professional compliance by reviewing new products against relevant guidelines.
• Contribute to the structuring and negotiation of new deals to optimize business outcomes.
• Lead and mentor the Pricing team, providing guidance to junior actuarial analysts.
• Engage with clients and internal stakeholders to communicate complex technical insights effectively.

Competencies

• Analytical and out-of-the-box thinking
• Innovative
• Collaborative
• Able to network with various stakeholders
• Excellent written and verbal communication skills
• Organised person with interpersonal skills
• Comfortable with different actuarial techniques
• Quick learner and self-starter
• Ability to adapt to change
• Thinking laterally to solve complex problems
• Ability to work accurately under pressure and meet deadlines