Senior Actuarial Pricing Analyst

Boardroom Appointments; Cape Town; On-site; ZAR 900,000 - 1,300,000; Full time

Job summary

Boardroom Appointments is seeking a Senior Actuarial Pricing Analyst in Cape Town. The role focuses on pricing and product development for Retail, Funeral, and Credit Life lines, leveraging actuarial experience and advanced analytics.

You will analyse client experience, perform pricing projections in Axis, and ensure timely, high-quality quotes while collaborating with Underwriting, BD, and Claims teams to meet client needs.

Qualifications

• Actuary with 5+ years experience in pricing or product development.
• Experience in retail insurance pricing or product development.
• Experience analysis and long-term cashflow modelling.
• Advanced Excel, Word, and PowerPoint proficiency.
• Coding skills (VBA, R, Python or SQL) are advantageous.

Responsibilities

• Pricing and product development for Retail, Funeral, and Credit Life lines.
• Analyse client experience to shape pricing approach.
• Perform pricing projections and calculations in Axis.
• Conduct reasonability checks and reconciliations.
• Review quotes and tenders for technical accuracy.
• Deliver high-quality quotes within timelines.
• Documentation of pricing assumptions and results.
• Develop pricing tools to improve efficiency.
• Collaborate with stakeholders to expedite approvals.

Skills

Actuarial pricing

Excel

VBA

PowerPoint

Word

R

Python

SQL

Education

Actuarial qualification or near-qualification

Tools

Axis

Excel

VBA

PowerPoint

Word

R

Python

SQL

Job description

About the job Senior Actuarial Pricing Analyst

• Qualified or nearly qualified actuary with at least 5 years actuarial work experience.
• Experience with retail insurance pricing or product development.
• Expertise in experience analysis and long term cashflow modelling.
• Advanced Excel and Word, Visual Basic, and PowerPoint.
• Coding skills would be advantageous: VBA, R, Python or SQL.
• Strong collaboration and project management skills.

Responsibilities:

• Pricing and product development for all Retail, Funeral, and Credit Life business.
• Analyse recent client experience to form a view on the pricing approach
• Determine appropriate pricing bases and perform pricing projections and calculations in Axis.
• Conduct reasonability checks and reconciliations.
• Perform technical and overall peer review on quotes and tenders.
• Deliver accurate and high-quality quotes in line with Companiescorporate standards andwithin agreed upon timelines.
• Assist the team with ad hoc client and project queries.
• Documentation
• Document pricing assumptions and results adequately.
• Complete letters of offer and treaties within agreed turnaround times.
• Driving the approval process
• Engage a wide range of stakeholders to ensure an efficient approval process.
• Collaborate with Business Development, Underwriting, and Claims to produceproposals that meet our clients needs.
• Improving pricing efficiencies
• Develop and maintain pricing tools to improve efficiency.
• Develop and maintain positive relationships within the team and with otherfunctions in the business to foster effective collaboration.