Pricing Actuary: Data-Driven Insurance Pricing Leader

Hire Resolve; Gauteng; On-site; ZAR 650,000 - 850,000; Full time

Job summary

A leading actuarial consulting firm is seeking an experienced Pricing Actuary to join their dynamic team in South Africa, Gauteng. You will be responsible for developing pricing models and conducting extensive analysis to ensure competitive and effective pricing strategies for insurance products. The ideal candidate should have a Bachelor's degree in Actuarial Science or a related field, qualified actuarial status, and at least 5 years of relevant experience. Strong analytical and communication skills, along with proficiency in actuarial software, are integral to succeed in this role.

Qualifications

• Minimum of 5 years of experience in pricing actuarial roles within the insurance industry.
• Proficient in utilizing actuarial principles and mathematical models for pricing.
• Attention to detail and strong problem-solving abilities.

Responsibilities

• Develop and maintain insurance pricing models using actuarial methods.
• Conduct pricing analysis on historical and current insurance data.
• Collaborate with underwriting teams to align pricing with market conditions.
• Monitor market and competitor pricing strategies.
• Assist in rate filing and ensure compliance with regulations.

Skills

Strong analytical skills

Mathematical proficiency

Communication skills

Proficient in Excel

Knowledge of SAS

Familiarity with R

Experience with Python

Education

Bachelor's degree in Actuarial Science

Qualified Actuary (FIA, FSA, FCAS)

Tools

Actuarial software

Pricing software

Job description

A leading actuarial consulting firm is seeking an experienced Pricing Actuary to join their dynamic team in South Africa, Gauteng. You will be responsible for developing pricing models and conducting extensive analysis to ensure competitive and effective pricing strategies for insurance products. The ideal candidate should have a Bachelor's degree in Actuarial Science or a related field, qualified actuarial status, and at least 5 years of relevant experience. Strong analytical and communication skills, along with proficiency in actuarial software, are integral to succeed in this role.