Senior Actuarial Specialist - Pricing & Product Structuring

Guardrisk; Sandton; On-site; ZAR 1,200,000 - 1,800,000; Full time

Job summary

Guardrisk, a leader in short-term risk transfer, seeks a senior actuarial professional to drive pricing, product development, and capital structuring for CRS and VUMA portfolios. The role collaborates with data scientists, actuaries and analysts to deliver innovative risk solutions.

Responsibilities include leading pricing reviews, evaluating new products, and guiding junior colleagues while ensuring regulatory and audit compliance. Strong modelling and communication skills are essential.

Qualifications

• Degree in mathematics or statistics required.
• Actuarial progression toward Fellowship preferred.
• F103 or equivalent short-term insurance exam completed.

Responsibilities

• Take accountability for product development and pricing frameworks across CRS and VUMA portfolios.
• 1Lead rate reviews and re-pricing to maintain competitiveness.
• 2Oversee assessment and approval of new offerings for viability and compliance.
• 3Review accuracy of teammates' work and provide guidance to junior analysts.
• 4Collaborate with internal teams to structure deals with actuarial input for underwriting and capital structuring.
• 5Explain deviations and advise on corrective measures.
• 6Ensure projects align with audit and risk requirements.
• 7Partner with external teams to define pricing models and processes.
• 8Support clients in bespoke product design focusing on profitability and sustainability.
• 9Monitor product profitability and adhere to actuarial standards.
• 10Translate complex actuarial insights into actionable business decisions.

Skills

Modelling experience

Non-life pricing

SQL

Python

R

Actuarial progression

Analytical skills

Communication skills

Self-motivation

Team collaboration

Education

Bachelor’s degree in mathematics or statistics

Actuarial progression: Associate Actuary or pursuing Fellowship

F103 (General Insurance Principles) or equivalent exam

Job description

Guardrisk, a leader in short-term risk transfer, seeks a senior actuarial professional to drive pricing, product development, and capital structuring for CRS and VUMA portfolios. The role collaborates with data scientists, actuaries and analysts to deliver innovative risk solutions.

Responsibilities include leading pricing reviews, evaluating new products, and guiding junior colleagues while ensuring regulatory and audit compliance. Strong modelling and communication skills are essential.