Job Description
About the Role
The Actuarial Pricing Analyst will play a critical role in developing and maintaining pricing models for non-life insurance products, driving business decisions through data-driven insights, and collaborating with cross-functional teams to achieve strategic objectives.
Key Responsibilities
- Develop, maintain, and enhance pricing models using actuarial software to improve pricing accuracy.
- Conduct detailed profitability and performance analyses across key business verticals.
- Develop and recommend practical and sustainable pricing strategies.
- Review and evaluate personal lines insurance product designs.
- Monitor claims trends and perform experience analyses to support business and pricing strategy.
- Provide pricing insights and recommendations to support management decision-making.
Requirements
- Actuarial degree.
- Completion of Part A1 (Foundational Technical), A2 (Intermediate Technical), and Part A3 (Actuarial Risk Management) exam series.
- 5 years actuarial experience in non-life insurance, with a strong focus on pricing.
- Strong technical skills with proficiency in actuarial and analytical software.
Qualifications
(No qualifications mentioned in the original job description)
Salary & Benefits
(No salary or benefits information mentioned in the original job description)
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About IT / Computing / Software Jobs in Eden
The IT and computing industry is a vibrant sector in Eden, South Africa, with a growing demand for skilled professionals to drive innovation and technological advancements. Typically, job seekers in this field can expect a strong career foundation in areas such as software development, data analysis, and cybersecurity.
Generally, salaries for IT and computing professionals in Eden fall within broad ranges that vary depending on factors like experience, company size, industry sector, and specific role requirements. While it’s difficult to pinpoint exact figures, salaries often range from R200 000 to R600 000 per annum for entry-level positions, with senior roles commanding higher salary brackets, typically ranging from R500 000 to R1 000 000 per annum or more, depending on the individual’s expertise and industry demands.
Common skills required for IT and computing roles in Eden include proficiency in programming languages such as Java, Python, or C++, knowledge of software development methodologies like Agile or Scrum, experience with data analysis tools like Excel, SQL, or Tableau, understanding of cybersecurity principles, and familiarity with cloud-based technologies. Additionally, skills in areas like mobile app development, artificial intelligence, and machine learning are often sought after.
The IT and computing industry is a common employer across various sectors, including the financial services sector, technology industry, manufacturing sector, and more. These roles can also be found in government institutions, educational establishments, and non-profit organizations. As the digital landscape continues to evolve, it’s essential for job seekers to stay adaptable and committed to ongoing learning and professional development.
Career progression paths for IT and computing professionals in Eden often involve moving into senior technical roles, taking on leadership positions, or transitioning into management or consulting careers. Many companies also offer opportunities for training and upskilling, allowing employees to expand their skill sets and advance in their careers. With the constant evolution of technology, there is always a need for skilled IT professionals who can drive innovation and growth in various industries.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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