Senior Pricing Analyst

Keo-Kutlwi Group (Pty)Ltd; Centurion; On-site; ZAR 40 000 - 80 000; Full time

Job summary

An established industry player is seeking a skilled actuarial professional to assist with pricing and risk management. This role involves performing statistical analyses, developing models, and providing actuarial services to ensure business profitability and sustainability. Ideal candidates will have a Bachelor's degree in a relevant field and at least 3 years of experience in actuarial modeling within Short-term Insurance. Join a dynamic team where you can further your actuarial qualifications and contribute to impactful business objectives.

Qualifications

• 3+ years of actuarial modeling and pricing expertise in Short-term Insurance.
• Demonstrated knowledge of actuarial disciplines and methodologies.

Responsibilities

• Assist with pricing and managing risk for new and existing business.
• Perform statistical analyses and develop models for data interpretation.
• Participate in the development of risk-based capital models.

Skills

Statistical Analysis

Actuarial Modeling

Data Analysis

Problem Solving

Education

Bachelor's degree in Actuarial Science

Bachelor's degree in Statistics

Bachelor's degree in Business Sciences

Bachelor's degree in Business Mathematics

Job description

JOB SUMMARY: The purpose of this role is to assist with pricing and managing the risk in respect of new and existing business to ensure profitability and sustainability.

Duties and Responsibilities:
• Provide basic actuarial services to fulfill routine business requirements and to solve problems with a limited level of complexity and diversity
• Perform statistical analyses, model, monitor and analyze data and develop models or programs for model building and analyses; interpret results of models and analyses
• Perform more complex analyses as assigned.
• Compile and categorize increasingly complex data and documents, and verify factors and assumptions used in computations
• Participates in the development of risk-based capital models as well as parameterization and allocation activities to support actuarial services.
• Participate in the evaluation and review of new proposed processes and systems.
• Demonstrate increasing knowledge of relevant actuarial disciplines and procedures and apply this knowledge to achieve business objectives.
• Work with actuarial colleagues to continue to develop an understanding of company operations, business objectives and actuarial methodologies.
• Assist in training less experienced actuarial personnel.
• Demonstrate consistent progress towards local actuarial qualifications.

Qualifications:
• A Bachelor’s degree in Actuarial Science, Statistics, Business Sciences or Business Mathematics

Experience:
• Minimum 3 years of actuarial modeling and pricing expertise within Short-term Insurance.