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Job Summary
Are you passionate about analyzing risk and pricing strategies? Join our team as a Short-Term Pricing Actuarial Analyst and play a crucial role in shaping competitive and sustainable insurance pricing!Key Responsibilities:
- Pricing & Product Development: Support the development and pricing of short-term insurance products by analyzing claims data, market trends, and customer behavior.
- Data Analysis & Modeling: Build, maintain, and enhance pricing models to predict risk and optimize premiums across various customer segments.
- Monitoring & Reporting: Track and report on pricing effectiveness, including loss ratios, and other KPIs to assess profitability and suggest rate adjustments.
- Collaboration: Work closely with underwriting, sales, and product development teams to ensure accurate pricing aligned with business objectives.
- Compliance & Documentation: Ensure pricing models and processes comply with regulatory requirements and are accurately documented.
Requirements:
- Education: Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field.
- Actuarial Exams: 8 exams plus
- Technical Skills: Proficiency in actuarial modeling software, Excel, SQL, and experience with programming languages such as Python or R.
- Analytical Skills: Strong analytical and problem-solving skills, with a high attention to detail.
- Industry Knowledge: Understanding of short-term insurance products, risk factors, and market trends.
- Communication Skills: Ability to convey complex analytical insights to non-technical stakeholders effectively.
If you are interested in this opportunity, please apply directly. For more finance jobs, please visit www.networkrecruitment.co.za
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:
Robyn Peskin
Recruitment Researcher: Actuarial and analytics
rpeskin@networkfinance.co.za
Network Finance
Recruiter
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