Senior Pricing Actuarial Analyst
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Job Location:
Roodepoort - South Africa
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Lead Technical Retail and Expense Modellingdevelop maintain and implement market-leading pricing models to ensure competitive and profitable offerings.
Drive Innovation in Products and Modelssupport the design and development of new and innovative products pricing strategies and modelling techniques.
Establish Monitoring Frameworkassist in setting up robust monitoring frameworks to track performance profitability and compliance with pricing objectives.
Policy Administration System (PAS)take ownership of PAS pricing requirements ensuring accurate and timely implementation aligned with business needs.
Support Management in Achieving Objectivescollaborate with leadership to ensure profitability targets and strategic objectives are consistently met
Qualifications :
Type of Qualification:
3 year BSc 4 year B BusSc or BCom with actuarial majors
Honours is an advantage
Member of Actuarial Society of South Africa /Member of the Institute and Faculty of Actuaries.
At least 6 exemptions / actuarial exam passes
Experience Required
4-7 years of short-term pricing experience.
Experience with data is preferred.
Experience in short term insurance pricing.
Experience in system (PAS rating engine or claims) implementation.
Knowledge:
- Knowledge of short-term insurance pricing techniques.
- Understanding of short-term insurance products and business principles.
- Understanding of balance sheet and Income statement.
- Knowledge of actuarial processes and control cycle
- Knowledge of the product development process.
- Understanding of how the FSCA operates.
- Understanding of the economic environments impact on short term insurance industry.
- Knowledge of South African insurance regulation.
- Knowledge of system implementation.
Additional Information :
Behavioural Competencies:
- Able to multi-task.
- Attention to detail.
- Communication skills - written verbal and presentation skills.
- Disciplined and have high level of integrity professionalism and trustworthiness.
- Self-motivated.
- Pro-active
- Results driven.
- Collaborator
Technical Competencies:
- Computer literacy (Microsoft Office)
- Specialist actuarial software package skills
- SAS statistical package (preferred) Emblem Radar Earnix.
- Analytical skills
Remote Work :
No
Employment Type :
Full-time
Key Skills
- Microsoft Access
- Financial Concepts
- Tableau
- Federal Aviation Regulations
- Pricing
- Analysis Skills
- Cost Accounting Standards
- Microsoft Excel
- Financial Modeling
- SAS
- Contracts
- Analytics
About Company
Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients ... View more
