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Short Term Pricing Actuarial Analyst

Johannesburg
Salary: Market Related
Job Type: Permanent
Sectors: Finance
Reference: NFP015307/AND

Apply before Dec 18 2024 | 25 Days left

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Vacancy Details

Employer: Network Recruitment

Are you driven by the challenge of analyzing risk and shaping pricing strategies? Step into the role of Short-Term Pricing Actuarial Analyst and make a meaningful impact on competitive and sustainable insurance pricing.

Key Responsibilities:

Pricing & Product Development: Contribute to the pricing and development of short-term insurance products by analyzing claims data, market dynamics, and customer patterns.
Data Analysis & Modeling: Create, refine, and manage pricing models to predict risks and optimize premiums across different customer groups.
Performance Monitoring: Evaluate and report on pricing performance, including loss ratios and key metrics, recommending adjustments to maintain profitability.
Team Collaboration: Partner with underwriting, sales, and product teams to ensure pricing strategies align with broader business goals.
Regulatory Compliance: Maintain adherence to regulatory standards and ensure all pricing processes are well-documented.

Requirements:

Educational Background: Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, or a related discipline.
Actuarial Progress: Completion of 8 or more actuarial exams.
Technical Expertise: Skilled in actuarial modeling software, Excel, SQL, and programming tools like Python or R.
Analytical Strength: Exceptional problem-solving abilities with great attention to detail.
Industry Insight: Knowledge of short-term insurance products, market trends, and associated risk factors.
Communication Skills: Proficient in translating complex analyses into actionable insights for non-technical stakeholders.

Join us to play a pivotal role in shaping our pricing strategies and delivering sustainable solutions!

If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.

For more information contact:
Andrea Morgan
Specialist recruiter: Actuarial and Analytics
amorgan@networkfinance.co.za

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About Network Recruitment

Network Recruitment

Network Recruitment is a leading specialist recruitment company in the fields of IT, Finance and Engineering.

Since our establishment in 1987, we have been at the forefront of the specialist recruitment industry. Network Recruitment’s key to success is the focus on delivering superior quality service by developing and maintaining an exclusive focus on sourcing high-calibre skills for medium-sized to JSE-listed companies operating in these three niche sectors across South Africa.

Our experience in permanent and contract-based recruitment enables us to provide you with recruitment solutions that meet your long- and short-term needs.

Network Recruitment is a division of ADvTECH Resourcing, the recruitment arm of the national JSE-listed ADvTECH Limited Group a leader in quality education, training, skills development and placement services.