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Sandton: Pricing Analyst – Life Insurance

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Job Description

About the Role

A leading financial services organisation is seeking an experienced Pricing Analyst to join their team, supporting pricing and quotation processes across their insurance product offerings while ensuring accurate, timely delivery of new business quotes, renewals, and risk proposals.

Key Responsibilities

  • Prepare accurate and timely new business quotations, risk proposals, and scheme renewals.
  • Apply the organisation’s defined pricing methodologies across various insurance products.
  • Manage both book-rated and claims-rated quotations.
  • Maintain and update the quotation register for new and existing schemes.
  • Capture and analyse claims experience and pricing trends.
  • Analyse and report on price monitoring and performance indicators.
  • Support pricing decisions through data-driven insights.
  • Work closely with reinsurers and underwriters when required.
  • Manage stakeholder queries and escalations professionally and within agreed timelines.
  • Maintain strong collaboration with internal teams and external partners.
  • Track pricing tasks and ensure deadlines are consistently met.
  • Maintain accurate electronic filing and documentation.
  • Support ad-hoc projects and initiatives when required.
  • Identify opportunities to improve processes and operational efficiency.

Requirements

  • Bachelor’s Degree in Data Science, Statistics, Financial Mathematics, Actuarial Science, or a related field.
  • 5–8 years’ experience in a similar role within Life Insurance.
  • Strong understanding of risk benefits and actuarial assumptions.
  • Experience working with insurance pricing, quotations, and scheme renewals.

Qualifications

No specific qualifications mentioned.

Salary & Benefits

No information available.

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

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About Accounting / Finance Jobs in North Johannesburg

North Johannesburg is home to a thriving financial services sector, with many multinational companies having operations in the region. Typically, the accounting and finance industry in this area experiences steady demand for skilled professionals, driven by the growth of the economy and the need for organisations to maintain accurate financial records and make informed business decisions.

When it comes to salaries, typically the range for accounting and finance positions in North Johannesburg is quite broad, with experience, company size, and industry sector all playing a significant role in determining actual salaries. Generally, junior positions in this field can expect salary ranges of around R400 000 to R600 000 per annum, while senior roles can command salaries upwards of R1 million. However, it’s essential to note that these are broad estimates, and actual salaries may vary significantly depending on individual circumstances.

Common skills required for accounting and finance positions in North Johannesburg include proficiency in financial software, such as SAP or Excel, as well as a solid understanding of financial principles and regulations. Typically, candidates with a degree in accounting or finance, as well as relevant work experience, are best positioned to secure these roles. Other key skills include attention to detail, analytical thinking, and effective communication.

The financial services sector is one of the most significant industries that commonly employs accountants and finance professionals in North Johannesburg. Other sectors that often require these skills include technology, manufacturing, and retail. Typically, organisations in these industries need accounting and finance staff to manage their financial transactions, prepare financial statements, and provide insights to inform business decisions.

For those interested in pursuing a career in accounting or finance, there are many opportunities for development and advancement. Typically, junior roles can provide valuable experience and training, which can be used as a springboard for more senior positions within the organisation. External training programs, such as certifications offered by the South African Institute of Chartered Accountants (SAICA), can also enhance career prospects. With dedication and hard work, it’s generally possible to progress to leadership roles or transition into related fields, such as business analysis or financial planning.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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