Technical Pricing Actuarial Analyst

Discovery Limited; South Africa; On-site; ZAR 700,000 - 1,000,000; Full time

Job summary

Discovery Limited is seeking an Actuarial Analyst – Technical Pricing within Discovery Insure. You will lead the development of pricing models, perform predictive analyses, and work with underwriting, actuarial, and product teams to ensure accurate and competitive pricing.

The role requires experience in short-term insurance pricing, strong data analysis skills, and familiarity with WTW software tools. A fluent understanding of actuarial methods will support profitability and strategic decision

Qualifications

• Matric is essential.
• Honours degree in Actuarial Science and/or Mathematical Statistics, Computer Science or strong mathematical/economics candidate.
• FASSA (Advantageous).
• At least 3–5 years of Technical Pricing experience within an insurance industry (Advantageous).

Responsibilities

• Develop and implement pricing models and strategies for short-term insurance products.
• Conduct predictive modeling and data analysis to inform pricing decisions.
• Monitor and adjust pricing models to meet business objectives.
• Collaborate with underwriting, actuarial, and product teams to ensure pricing accuracy.
• Provide analytics to inform strategic decisions and business planning.
• Lead pricing tools and systems development to improve efficiency.
• Stay updated on industry trends, regulations, and market conditions.
• Prepare and present detailed reports to senior management.
• Support ad-hoc pricing and profitability analysis as needed.

Skills

SQL (Intermediate)

Microsoft Excel (Advanced)

PowerPoint (Advanced)

Word (Advanced)

Education

Honours degree in Actuarial Science and/or Mathematical Statistics/ Computer Science

Matric

Tools

WTW Emblem

WTW Radar

Job description

Discovery Limited is seeking an Actuarial Analyst – Technical Pricing within Discovery Insure. You will lead the development of pricing models, perform predictive analyses, and work with underwriting, actuarial, and product teams to ensure accurate and competitive pricing.

The role requires experience in short-term insurance pricing, strong data analysis skills, and familiarity with WTW software tools. A fluent understanding of actuarial methods will support profitability and strategic decision