Technical Pricing Actuarial Analyst (Short-Term)

Discovery Limited; Sandton; On-site; ZAR 900,000 - 1,200,000; Full time

Job summary

Discovery Limited in South Africa seeks an Actuarial Analyst – Technical Pricing to lead pricing model development for short-term insurance. You will work on predictive modeling, data analysis, and pricing strategies to drive profitability and competitive advantage.

Collaborate with underwriting and product teams, develop pricing tools, and present detailed insights to senior management while staying compliant with regulatory requirements.

Qualifications

• Matric is essential.
• Honours degree in Actuarial Science, Mathematical Statistics, Computer Science, or related field.
• FASSA is 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 pricing model performance and adjust to meet objectives.
• Collaborate with underwriting, actuarial, and product teams for pricing accuracy and competitiveness.
• Provide analytical support and insights to inform strategic decisions.
• Lead pricing tools and systems development to enhance efficiency.
• Stay updated with industry trends, regulatory changes, and market conditions.
• Prepare and present detailed reports and recommendations to senior management.
• Support ad-hoc analysis and pricing profitability projects.

Skills

Modelling

WTW Emblem

Radar

SQL (Intermediate)

Microsoft Excel

PowerPoint

Word

Education

Matric (Essential)

Honours degree in Actuarial Science/Math Statistics/CS

FASSA (Advantageous)

Tools

Emblem

Radar

Job description

Discovery Limited in South Africa seeks an Actuarial Analyst – Technical Pricing to lead pricing model development for short-term insurance. You will work on predictive modeling, data analysis, and pricing strategies to drive profitability and competitive advantage.

Collaborate with underwriting and product teams, develop pricing tools, and present detailed insights to senior management while staying compliant with regulatory requirements.