Job Description
Key Responsibilities:
- Lead and govern pricing methodologies, models, and actuarial frameworks for life insurance products
- Develop competitive, data-driven pricing strategies using GLMs, predictive models, and advanced analytics
- Review and monitor product performance, profitability, lapse metrics, and cost structures
- Provide strategic insights to Product, Sales, Marketing, CVM, and Executive teams
- Embed new methodologies, automation, data-driven tools, and AI-driven enhancements into pricing processes
- Oversee actuarial governance, peer reviews, and pricing approval processes
- Lead, mentor, and grow a high-performing actuarial pricing team
Job Experience and Skills Required:
Education:
- BSc Actuarial Science / Actuarial Mathematics / Statistics (NQF 7 min)
- Fully qualified Fellow Actuary (non-negotiable)
- Honours degree preferred (NQF 8)
Experience:
- Minimum 5 years actuarial experience in life insurance or related product lines
- Demonstrated leadership or people management experience
- Strong experience in life pricing, product development, financial modelling, GLMs, and predictive modelling
- Exposure to life insurance regulatory frameworks and actuarial governance
Skills:
- Advanced technical capability in actuarial modelling, pricing tools, and predictive analytics
- Deep commercial understanding and strategic decision-making ability
- Excellent stakeholder engagement and communication skills
- Proficiency in emerging analytics technologies, automation, and AI-driven modelling tools
Non-negotiables:
- Fully qualified Fellow Actuary
- Strong technical pricing and modelling expertise
- Proven leadership and team management experience
Apply now!
For more exciting Finance vacancies, please visit:
www.********.co.za
I also specialise in recruiting in the following:
– Actuarial roles (Life, Short-Term, Health, Pensions, Quantitative)
– Data Scientists / Data Analysts (Python, R, SQL, Machine Learning)
– Risk Analysts (Credit, Market, Model Risk, Operational)
– Pricing Specialists (Insurance, Financial Products)
– Machine Learning & AI Data Scientists (ML Ops, NLP, Predictive Modelling)
– Quantitative Specialists across Banking, Insurance, and FinTech
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.
For more information, contact:
Heidi Joubert
Specialist Recruitment Consultant
Connect with me on LinkedIn:
www.********.co.za
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