Senior Actuarial Specialist - Pricing & Capital Solutions

Guardrisk; Sandton; On-site; ZAR 1,000,000 - 1,400,000; Full time

Job summary

Guardrisk seeks an experienced actuary to join the Structuring and Solutions team. You will price, review products, and develop pricing models for the cell captive business, providing actuarial input on underwriting and capital solutions tailored to client needs.

You will collaborate with data scientists, analysts and actuaries to deliver profitable, compliant and innovative solutions. Strong modelling, pricing, and programming skills are essential.

Qualifications

• Actuarial or bachelor's degree with mathematics or statistics majors.
• Associate Actuary or progressing toward Fellowship level exams.
• F103 (General Insurance Principles) or equivalent short-term insurance exam.
• 5 years of relevant work experience, modelling and pricing.
• Knowledge of insurance products, contracts and relevant legislation.

Responsibilities

• Take accountability for product development and pricing frameworks across CRS and VUMA.
• Lead rate reviews and re-pricing to maintain competitiveness.
• Oversee assessment and approval of new product offerings for viability and compliance.
• Review accuracy of team members' work and provide guidance to juniors.
• Partner with internal teams to structure deals with optimal underwriting and capital structuring.
• Investigate deviations and advise on corrective actions.
• Ensure projects adhere to audit and risk management requirements.
• Collaborate with external support to define pricing models and processes.
• Support clients in designing bespoke products with focus on profitability and sustainability.
• Manage financial performance reporting and adherence to actuarial standards.
• Act as senior technical advisor translating insights into business decisions.

Skills

Modelling experience

Non-life pricing

SQL

Python

R

Insurance products knowledge

MS Excel

MS Word

SAM capital regime exposure

Actuarial exams progress (Fellowship)

Education

Actuarial or bachelor's degree with mathematics or statistics majors

Tools

SQL

Python

R

Job description

Guardrisk seeks an experienced actuary to join the Structuring and Solutions team. You will price, review products, and develop pricing models for the cell captive business, providing actuarial input on underwriting and capital solutions tailored to client needs.

You will collaborate with data scientists, analysts and actuaries to deliver profitable, compliant and innovative solutions. Strong modelling, pricing, and programming skills are essential.