Job Description
About the Role
Network Finance is seeking a Pricing Analyst to join their team, where you will perform actuarial analyses to support pricing of new and renewal business, and contribute to margin management and profitability reviews.
Key Responsibilities
- Perform actuarial analyses to support pricing of new and renewal business.
- Assist with development and review of premium and rating structures.
- Support formal profitability reviews and contribute to margin management.
- Prepare and analyse loss and expense reserves to assess pricing adequacy and strategic direction.
- Provide actuarial insight and technical support to underwriting teams on pricing decisions.
- Actively progress toward actuarial qualification while developing technical capability.
Requirements
- Degree in Actuarial Science, Mathematics, Statistics, or a related field.
- Actively pursuing actuarial qualification through a recognised professional body.
- Minimum of 2 years’ experience in an actuarial or analytical environment.
- Exposure to insurance pricing, profitability, or actuarial modelling preferred.
- Experience across multiple actuarial or insurance functions will be advantageous.
Qualifications
No qualifications mentioned.
Salary & Benefits
Salary information not provided.
NonNegotiables
- Strong analytical ability and attention to detail.
- Ability to work under pressure and meet tight deadlines.
- Professional communication skills and a positive, selfdriven attitude.
- English proficiency required (additional languages advantageous).
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other IT/Computer Jobs in Gauteng
The IT and computer industry is one of the most dynamic and growing sectors in Gauteng, with a thriving job market that offers a wide range of opportunities for career advancement.
In terms of salary ranges, IT professionals in Gauteng can expect to earn anywhere from R800 000 per annum for junior positions to over R2 million for senior executives. The average salary for software engineers is around R1.5 million, while data analysts can earn between R900 000 and R1.2 million. With experience and skills, IT professionals in Gauteng can expect significant salary increases, with some roles offering bonuses and benefits that can increase their overall remuneration.
To succeed in the IT industry in Gauteng, candidates need to possess a range of key skills, including programming languages such as Java, Python, and C++, as well as experience with databases, cloud computing, and cybersecurity. Strong problem-solving skills, attention to detail, and excellent communication skills are also essential for success in this field. Additionally, knowledge of ITIL (Information Technology Infrastructure Library) and Agile methodologies can be highly valued by employers.
Several major companies and industries in Gauteng are currently hiring IT professionals, including technology firms such as Microsoft, IBM, and Oracle, as well as banks and financial institutions like Standard Bank and Nedbank. The finance industry is also a significant employer of IT staff, with roles ranging from software development to data analytics and cybersecurity.
Career growth opportunities are abundant in the IT industry in Gauteng, with many companies investing heavily in employee training and development programs. With experience and skills, IT professionals can move into senior leadership positions or start their own businesses, while also pursuing further education and certifications. The Johannesburg Stock Exchange (JSE) is also a significant employer of IT staff, with roles ranging from software development to data analytics and cybersecurity.
Overall, the IT industry in Gauteng offers a wide range of exciting career opportunities for job seekers with the right skills and experience. With salaries that are competitive with those offered by major companies globally, there has never been a better time to pursue a career in this dynamic and rapidly evolving field.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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