Pricing Actuarial Analyst (Hybrid) – Study Support & Growth

Placements24; Polokwane; Hybrid; ZAR 800,000 - 1,100,000; Full time

Benefits offered by this job

Competitive salary

Medical aid

Retirement fund

Study support for actuarial exams

Hybrid work

Job summary

Placements24 is recruiting an Actuarial Analyst specializing in insurance pricing in Polokwane, Limpopo. The role focuses on developing and refining pricing models for a range of products to secure competitiveness and profitability within a dynamic insurer team.

The ideal candidate will have solid quantitative skills, progress toward actuarial exams, and experience with R, Python or SAS. You will collaborate with underwriting and product teams, prepare management reports, and mentor junior staff

Qualifications

• Bachelor's degree in Actuarial Science or related quantitative field.
• Progress towards or completion of actuarial examinations (e.g., ASISA).
• Strong analytical, problem-solving and modeling skills.

Responsibilities

• Develop and maintain pricing models for insurance products.
• Analyze historical data to inform pricing strategies.
• Collaborate with underwriting and product teams to set profitable premiums.
• Perform sensitivity analyses and scenario testing on pricing models.
• Ensure pricing models comply with regulatory requirements and internal guidelines.
• Prepare actuarial reports and presentations for management.

Skills

Pricing analytics

Analytical thinking

Communication skills

Independent & collaborative

Education

Bachelor's degree in Actuarial Science/Math/Stats

Actuarial examinations progress (ASISA)

Tools

R

Python

SAS

Excel

Job description

Placements24 is recruiting an Actuarial Analyst specializing in insurance pricing in Polokwane, Limpopo. The role focuses on developing and refining pricing models for a range of products to secure competitiveness and profitability within a dynamic insurer team.

The ideal candidate will have solid quantitative skills, progress toward actuarial exams, and experience with R, Python or SAS. You will collaborate with underwriting and product teams, prepare management reports, and mentor junior staff