Job Description
About the Role
We are seeking a highly experienced Senior Pricing Specialist to join our team in Johannesburg. As a key member of our commercial insurance lines team, you will be responsible for managing and/or supervising other actuarial staff, clarifying client requirements, and translating actuarial concepts into client-friendly terminology. Your expertise in pricing and product development for short-term insurance will be essential in driving growth and profit objectives.
Key Responsibilities
- Maintain, develop, and implement market-leading Short-term Insurance pricing models.
- Explore and identify data and rating enhancements to inform pricing models.
- Ownership of model performance against actual experience and acting on model weaknesses.
- Developing and implementing pricing strategies for new and existing business.
- Support the development of new and innovative products and maintain existing products.
- Drive, implement, and maintain proper governance on pricing developed/deployed.
- Support/advise the business using data and analytics.
Requirements
- Passion for Short-term Insurance (STI) and pricing STI products
- Business acumen
- Client/Stakeholder commitment
- Drive for results
- Leads change and innovation
- Motivating and inspiring team
- Collaboration
- Impact and influence
- Self-awareness and insight
- Diversity and inclusiveness
Qualifications
- Bachelor’s degree in Actuarial Science, Statistics, Business Sciences or Business Mathematics.
- A qualified actuary (FIA, FFA, or FASSA) is highly advantageous.
Salary & Benefits
Salary: [No information provided] [No benefits mentioned in the original job description]
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in Gauteng
In Gauteng, South Africa, the accounting and finance industry is a significant sector, offering various career opportunities for professionals with the right skills and qualifications. Typically, this field is driven by the growth of multinational corporations and local businesses in industries such as technology, financial services, and manufacturing. As a result, job seekers can expect to find a diverse range of roles available, from entry-level positions to senior leadership roles.
When it comes to salary expectations, accounting and finance professionals in Gauteng can generally expect to earn salaries that fall within broad ranges. Typically, salaries for entry-level roles start around R400 000 – R600 000 per annum, while more senior roles can command salaries ranging from R1 million to over R3 million per annum, depending on factors such as experience, company size, and industry sector. However, it’s essential to note that these are broad ranges, and actual salaries may vary widely.
Common skills required for accounting and finance roles in Gauteng include strong technical knowledge of financial management principles, analytical and problem-solving skills, attention to detail, effective communication skills, and proficiency in financial software and systems. Additionally, many employers also value candidates with experience in budgeting, forecasting, and financial analysis. In some cases, a degree or diploma in accounting, finance, or a related field may be required.
Industries that commonly employ accounting and finance professionals in Gauteng include the financial services sector, technology industry, manufacturing sector, and public sector entities. These sectors require skilled professionals to manage their finances, prepare budgets, and provide strategic guidance on financial matters. Job seekers can expect to find opportunities across these sectors, from small businesses to large multinational corporations.
For those interested in pursuing a career in accounting or finance, there are many development opportunities available. Typically, professionals in this field can progress to senior roles, such as financial manager or director of finance, after gaining relevant experience and developing their skills. Additionally, many employers offer training programs and mentorship opportunities to support the career development of their employees.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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