Insurance Product Development & Pricing Specialist

AtripleA recruitment & temps; Pretoria; On-site; ZAR 710,892 - 851,508; Full time

Job summary

A recruitment agency in Pretoria is seeking a Specialist in Product Development for the long-term insurance sector. The role involves developing and pricing new products, monitoring profitability, and collaborating with various departments. Candidates should have a B Degree in Actuarial Sciences, relevant experience in insurance, and proficiency in Prophet. This position offers a competitive salary in a dynamic environment.

Qualifications

• B Degree in Actuarial Sciences.
• Passed A-level subjects.
• Close to qualification.
• Experience with Prophet - Technical Certification.
• 3-5 years in long-term insurance.
• Experience in product development and pricing.

Responsibilities

• Assist in development and pricing of new products.
• Monitor and maintain profitability of existing products.
• Research new market developments and generate product ideas.
• Perform pricing for target profitability and expense recoupment.
• Collaborate with departments to improve systems and processes.
• Monitor in-force data and contribute to assessment of performance.
• Research risk rates and maintain relationships with reinsurers.

Job description

A recruitment agency in Pretoria is seeking a Specialist in Product Development for the long-term insurance sector. The role involves developing and pricing new products, monitoring profitability, and collaborating with various departments. Candidates should have a B Degree in Actuarial Sciences, relevant experience in insurance, and proficiency in Prophet. This position offers a competitive salary in a dynamic environment.