Senior Actuarial Specialist: Pricing & Structuring Expert

Guardrisk; Sandton; On-site; ZAR 900,000 - 1,500,000; Full time

Job summary

Guardrisk, South Africa’s leading provider of alternative risk transfer, seeks an experienced actuary to join the Structuring and Solutions team in Sandton. You will contribute to pricing, product development and capital structuring for the Guardrisk cell captive business, collaborating with data scientists, actuaries and analysts.

Responsibilities include leading pricing reviews, developing new offerings, mentoring juniors and translating actuarial insights into actionable business decisions

Qualifications

• Actuarial or mathematics/statistics degree completed.
• Associate Actuary or progressing Fellowship level exams.
• F103 (General Insurance Principles) or equivalent exam completed.
• 5 years of relevant work experience.
• Modelling experience.
• Non-life pricing experience.
• Coding knowledge in SQL, Python and R is advantageous.
• Knowledge of SAM capital regime.

Responsibilities

• Take accountability for product development/pricing frameworks across CRS and VUMA portfolios.
• Lead rate reviews and re-pricing to maintain competitiveness.
• Assess/approve new offerings for viability and compliance.
• Review accuracy of teammates' work and provide guidance to juniors.
• Collaborate to structure new deals with actuarial input on underwriting and capital.
• Investigate deviations and advise corrective actions.
• Ensure projects meet audit and risk requirements.
• Work with external teams to define pricing models and processes.
• Support clients in designing bespoke products focused on profitability.
• Monitor product profitability and actuarial standards in reporting.

Skills

Data interpretation

Analytical skills

Communication skills

Self-motivation

Education

Actuarial or mathematics/statistics degree

Tools

SQL

Python

R

MS Excel

Job description

Guardrisk, South Africa’s leading provider of alternative risk transfer, seeks an experienced actuary to join the Structuring and Solutions team in Sandton. You will contribute to pricing, product development and capital structuring for the Guardrisk cell captive business, collaborating with data scientists, actuaries and analysts.

Responsibilities include leading pricing reviews, developing new offerings, mentoring juniors and translating actuarial insights into actionable business decisions