Head: Non-Life Pricing & Structuring
Head: Non-Life Pricing & Structuring
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1 Vacancy
Job Description
Head: Non-Life Pricing & Structuring
Role and Responsibilities
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Provide strategic leadership to the Non-Life Pricing & Structuring (Cell Captive) team ensuring alignment with broader business objectives.
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Take accountability for all product development pricing frameworks and structuring initiatives across the CRS and VUMA portfolios.
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Review approve and sign off on pricing models for new and existing products ensuring compliance with regulatory professional and internal governance standards.
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Lead rate reviews and re-pricing exercises for the existing product suite to maintain technical soundness and market competitiveness.
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Oversee the assessment and approval of new product offerings ensuring they are commercially viable and compliant.
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Partner with internal teams to structure new deals providing actuarial input on optimal underwriting and capital structuring solutions tailored to client needs.
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Support clients in the design and development of bespoke products with a focus on innovation profitability and sustainability.
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Manage financial performance reporting including monitoring product profitability and adherence to best-practice actuarial standards.
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Act as a senior technical advisor to both clients and internal stakeholders translating complex actuarial insights into actionable business decisions.
Qualifications and Skills
Educational Background
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Qualified or nearly qualified actuary (FASSA or equivalent international designation).
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Successful completion of F103 (General Insurance Principles) or equivalent short-term insurance exam.
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Bachelors or Honours degree in Actuarial Science Mathematics Statistics or a related field (NQF Level 7).
Technical Expertise
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Minimum of 5-8 years experience in the non-life (short-term) insurance industry.
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Strong working knowledge of actuarial pricing techniques and product structuring principles.
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Exposure to the SAM capital regime.
Analytical & Problem-Solving Skills
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Exceptional analytical thinking and lateral problem-solving capabilities.
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Comfortable working with diverse actuarial models and approaches.
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Ability to work accurately under pressure manage multiple priorities and meet tight deadlines.
Leadership & Communication
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Proven leadership experience with the ability to lead and mentor a high-performing technical team.
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Excellent written and verbal communication skills with the ability to explain technical concepts to non-technical stakeholders.
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Strong interpersonal and stakeholder engagement skills with the ability to build trusted internal and external relationships.
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Self-starter with the ability to take initiative adapt to change and operate with minimal supervision.
Collaboration & Innovation
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Collaborative mindset with a willingness to work across functions and with diverse teams.
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Innovative thinker with a strategic and commercial orientation.
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Strong organisational skills and the ability to deliver structured well-documented work outputs.
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Ability to network and consult across all levels of the organisation and with clients on technical structuring matters.
Employment Type
Full Time
