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Lead Actuarial PricingNetwork Finance • Gauteng, ZA
Lead Actuarial Pricing

Lead Actuarial Pricing

Network Finance • Gauteng, ZA
30+ days ago
Job description

Key Responsibilities

  • Lead and manage the actuarial pricing team, ensuring delivery of work within agreed service levels and project milestones.
  • Provide expert actuarial support and pricing advice to business stakeholders and senior management.
  • Analyse pricing performance, identify trends and opportunities, and communicate recommendations to Product and Underwriting teams.
  • Drive portfolio management initiatives and monitor performance against key business KPIs.
  • Develop, maintain, and enhance pricing monitoring reports, data sources, and analytical tools.
  • Ensure modelling standards, governance requirements, and pricing best practices are maintained across the team.
  • Collaborate with key business areas including Product, Underwriting, Reinsurance, Capital, Reserving, Finance, Claims, Policy Administration, Management Information, and IT.
  • Recruit, coach, mentor, and develop team members while fostering a high-performance culture.

Job Experience and Skills Required

Education:

  • Bachelor's Degree in Actuarial Science.
  • Significant progress towards actuarial qualification through recognised actuarial examinations.
  • Additional relevant actuarial or analytical qualifications will be advantageous.

Experience:

  • Minimum 4 years' General Insurance pricing experience.
  • Proven experience providing actuarial insight and advice to senior management.
  • Demonstrated leadership experience, including planning, prioritisation, resource allocation, and people management.
  • Experience collaborating across multiple business functions and influencing key stakeholders.
  • Exposure to Capital Modelling, Reserving, or other actuarial disciplines will be advantageous.
  • Experience managing a diverse portfolio of work and balancing competing priorities.

Skills:

  • Advanced Microsoft Office skills, including PowerPoint and VBA automation.
  • Strong SAS experience preferred.
  • Advanced SQL proficiency.
  • QlikView experience advantageous.
  • Experience with pricing software such as WTW, Earnix, Quantee, or similar platforms.
  • Strong knowledge of General Insurance pricing concepts including GLM Modelling, Segmentation, Large Account Pricing, Rate and Exposure Change, Premium and Loss Ratio Walks, Inflation and Frequency Assumptions.
  • Strong project management, stakeholder management, planning, and organisational skills.
  • Excellent communication, analytical thinking, and decision-making abilities.

Other Requirements:

  • Proven ability to lead and motivate teams.
  • Strong commercial awareness and business acumen.
  • Ability to manage stakeholder expectations and drive change effectively.
  • Results-driven with a continuous improvement mindset.

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Lead Actuarial Pricing • Gauteng, ZA