Pricing & Model Analytics Specialist — Hybrid

Absa Bank; Johannesburg; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A fast-growing actuarial technology firm in Johannesburg is seeking a nearly or newly qualified Actuary. The role involves developing innovative pricing models for non-life insurance products and analyzing datasets to improve pricing strategies. Candidates should have a strong skill set in Python or R, alongside excellent analytical and communication abilities. The position offers flexible working arrangements and opportunities for rapid growth in a dynamic start-up culture.

Benefits

Innovative projects

Collaborative environment

Flexible work arrangements

Qualifications

• Experience in short-term insurance pricing is essential.
• Exposure to statistical modelling techniques (GLMs, etc.).

Responsibilities

• Develop and refine pricing models for short-term (non-life) insurance products.
• Analyze insurance datasets to identify trends and drive pricing improvements.
• Contribute to model validation frameworks and ensure regulatory compliance.
• Support client implementations and assist with technical presentations and documentation.

Skills

Proficient in Python

Proficient in R

Strong analytical abilities

Excellent communication skills

Interest in AI/machine learning

Education

Nearly or newly qualified Actuary (ASSA)

Job description

A fast-growing actuarial technology firm in Johannesburg is seeking a nearly or newly qualified Actuary. The role involves developing innovative pricing models for non-life insurance products and analyzing datasets to improve pricing strategies. Candidates should have a strong skill set in Python or R, alongside excellent analytical and communication abilities. The position offers flexible working arrangements and opportunities for rapid growth in a dynamic start-up culture.