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Head of Pricing

Johannesburg South
Salary: Market Related
Job Type: Permanent
Sectors: Finance
Reference: NFP015325/LLR

Apply before Dec 20 2024 | 24 Days left

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Vacancy Details

Employer: Network Recruitment

My client is looking for a Head of Pricing to join their dynamic team. This role reports directly to the Chief Underwriting Officer and will oversee pricing for various insurance offerings, including Commercial Lines, Personal Lines, Marine, Engineering, and Hospitality across multiple regions. The successful candidate will be responsible for leading a pricing team, developing pricing strategies, and ensuring that financial targets are met.

Key Responsibilities:

Lead the pricing strategy for existing and new lines of business.
Manage and mentor a team of approximately 10 pricing professionals.
Analyze portfolio performance and guide pricing decisions to achieve business objectives.
Develop and implement pricing best practices, tools, and systems.
Collaborate with internal teams, including Underwriting, Claims, Finance, and Sales to optimize pricing strategies.
Support senior management with actuarial advice and business insights.
Oversee the flow and quality of data to ensure accurate pricing models.
Monitor profitability, renewals, and pricing targets, adjusting strategies as needed.
Participate in Mergers & Acquisitions analyses and special projects.
Play a key role in driving pricing initiatives and data analytics within the organization.

Qualifications & Experience:

A minimum of 5 years of experience in short-term insurance pricing, including modelling and deployment.
Strong background in providing actuarial advice to senior management.
Proven experience in underwriting, portfolio management, and general management.
Previous exposure to large IT development projects and project management.
A University Degree in Actuarial Science or a related field (NQF Level 7).
FASSA or an international equivalent qualification is preferred.

Skills & Competencies:

Strong leadership skills with the ability to manage teams and influence cross-functional teams.
Ability to meet deadlines and manage pressure effectively.
In-depth knowledge of statistical and actuarial pricing tools and methods.
Advanced computer literacy (SAS, VBA, Pricing Software, etc.).
Expertise in portfolio management, optimisation methods, and underwriting strategies.
Excellent communication skills, with the ability to present complex technical concepts to varied audiences.

Apply Now. Send your CV to lolroux@networkfinance.co.za

Should you not hear from us within two weeks please consider your application not successful.

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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.