Short-Term Actuary â Pricing & Product Development Focus
Short-Term Actuary â Pricing & Product Development Focus
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Job Description
Short-Term Actuary Pricing & Product Development Focus
Are you a technically skilled actuary with a passion for short-term insurance pricing and product development A well-established and innovative player in the insurance sector is seeking a Short-Term Actuary to drive pricing strategy and support product development within a collaborative fast-paced actuarial environment.
This role offers the chance to take ownership of pricing models influence product innovation and work closely with cross-functional teams across underwriting product and finance.
Duties & Responsibilities
Key Responsibilities:
- Develop and enhance pricing models for short-term insurance products using actuarial best practices and advanced statistical techniques.
- Conduct rate reviews and re-pricing exercises to ensure technical soundness and market competitiveness.
- Support product development by delivering actuarial insights on new and existing offerings.
- Collaborate with underwriting and product teams to shape product structures and pricing strategies.
- Provide input into reserving and capital modeling activities for non-life portfolios.
- Deliver performance analysis and pricing recommendations to senior management and stakeholders.
- Contribute to the broader actuarial strategy including reinsurance assessments and regulatory reporting (e.g. IFRS 17).
What Youll Need:
- Nearly or newly qualified actuary (FASSA or equivalent).
- Minimum of 3 years actuarial experience in the short-term (non-life) insurance space with a solid foundation in pricing.
- Proven experience in pricing model development and calibration using tools like Emblem ResQ or similar.
- Strong technical skills in Python R SQL or other actuarial/statistical programming languages.
- In-depth understanding of GLMs rating structures and actuarial pricing frameworks.
- Excellent communication skills with the ability to translate technical findings into actionable business insights.
- A proactive and innovative mindset with a strong team-oriented approach.
Why Join
- Strategic ownership of pricing across key short-term insurance portfolios.
- Hybrid working environment combine flexibility with in-office collaboration.
- Work for a forward-thinking insurer with a strong focus on innovation technology and continuous improvement.
- Exposure to end-to-end product development and business decision-making.
- Be part of a talented high-performing actuarial team that values insight growth and delivery.
If you are interested in this opportunity please apply directly to .
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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.
We also invite you to contact us to discuss your next career move in finance!
For more information contact:
Heidi Nieuwoudt on
Specialist Recruitment Consultant: Actuarial and Analytical
Employment Type
Full-Time
