Johannesburg: Single Risk Pricing Actuary posted by Hire Resolve
Posted on 2025-07-27 00:00:00
Employer | Hire Resolve |
---|---|
Category | Analyst |
Location | Gauteng / Johannesburg |
Job Summary
RESPONSIBILITIES
- Ensure pricing models are appropriately calibrated and used appropriately by Underwriters, including rate change calculation.
- Maintenance of existing pricing tools including technical documentation / specifications / change parameter documentation (including impact analysis).
- Actively build relationship with Underwriters and assist in change management (including training) when onboarding Underwriters on to new pricing tools or platforms.
Pricing and review key individual accounts:
- Analyse and pricing of individual short tail single-risk accounts typically with complex features or high premium.
- Conduct pricing reviews on accounts with high and extreme materiality to ensure that all accounts priced adheres to appropriate pricing review process as defined in Specialty Insurance Pricing Guidelines.
- Provide pricing assistance to Reinsurance Treaty Team during busy periods (such as the 01-Jan renewal season) on various markets
Portfolio analysis, business planning, recalibration:
- Contribute and manage the annual planning (profitability) review of portfolio (deep-dive) by considering combined ratios, rate levels, inflationary effects, and class of business mix for Specialty Insurance (including SCOR Syndicate).
- Manage and contribute to the annual capital model parametrisation process (Underwriting / Premium Risk), which is concluded in conjunction with Group Risk Management, Capital Modelling Team, and Underwriters.
- Development and maintenance of dashboards and various management information.
Reporting:
- Contribute to various regulatory tasks such as the Lloyds Performance Management Data Return (PMDR), and board reports.
- Regular monitoring and feedback of Underwriter Adjustments, plus pricing strength (adequacy) against the long-term profitability targets.
- Any other ad-hoc reporting requirements.
People Management:
- no people management at the beginning
- possibly manage a small team of Pricing analysts and/or Cat modellers within few months after the hiring if the situation evolves well as expected.
QUALIFICATIONS
Required experience & competencies
Experience:
- Pricing experience in P&C insurance is compulsory (if possible on large corporate risk or London Market)
- Working knowledge of pricing ,capital modelling and reserving processes and techniques.
- Strong analytical skills and ability to manipulate or handle large datasets.
- Experience using R, Python, R-Shiny, or any other programming languages in commercial environment desirable but not compulsory.
Personal Competencies:
- Highly motivated and driven individual with excellent analytical and problem-solving skills
- Effective communication and collaboration skills with excellent interpersonal verbal and written skills that enables the candidate to communicate with colleagues from non-actuarial team
- Strong organisational and time management skills required
- Self-starting individual and excellent team player
- Stays up to date with new/emerging knowledge in actuarial pricing as well as in respect of major market and underwriting related issues.
- Has a commercial outlook but with a principled stand where required and contributes to create viable and innovative solutions that outperform competitors and differentiates SCOR.
Education
- Nearly / Newly qualified actuary from a recognised actuarial organisation
- Degree in Mathematics, Actuarial Science or any other scientific discipline (Statistics, Physics, etc.)
If you meet the above requirements and want to make a career-changing move, apply today by either filling in the online application form or emailing your CV to Hire Resolve at *****@*****.co.za
You are also welcome to contact Michaela Boustred on LinkedIn or call her on (***)***-****.
Please note that correspondence will only be conducted with shortlisted candidates for this position. Should you not hear from us within 3 days, please consider your application unsuccessful.
Click Go Apply to apply online!
Get Similar Job Alerts
Apply directly for this position. Please read all instructions carefully.
We do not process job applications; we simply aggregate and display job listings.
More related positions
Johannesburg: Audit Senior (JB5324) posted by Kontak Recruitment
Audit Senior JB5324 Linden, Johannesburg Office-based with travel to clientsR23 000 R30 000 CTC per monthPermanent A well-established firm seeks an Audit...
View Job
Audit Senior (JB5324)
Johannesburg: External Sales Representative – Automotive (JB5322) posted by Kontak Recruitment
External Sales Representative Automotive JB5322Johannesburg, GautengR15 000 basic Uncapped Commission Cell Allowance Fuel ReimbursementPermanentChase new...
View Job
External Sales Representative – Automotive (JB5322)
Johannesburg: Angular Developer (JB5328) posted by Kontak Recruitment
Angular Developer JB5328Rosebank, Johannesburg, Gauteng Compensation R60 000 - R100 000 per month Category Information TechnologyAre you a sharp,...
View Job
Angular Developer (JB5328)
Johannesburg North: Groups and Incentives Operations Consultant posted by Executive Placings
Leading Inbound Tour Company is looking for a Groups and Incentives Operations Consultant. This role is based in Sandton.Experience requiredMinimum of 4 5...
View Job
Groups and Incentives Operations Consultant
Johannesburg: eCommerce Manager (JB5329) posted by Kontak Recruitment
eCommerce Manager JB5329 Houghton, Gauteng R30 000 to R40 000 a month CTCPermanentA leading retail group is looking for an experienced and dynamic Ecommerce...
View Job
eCommerce Manager (JB5329)
Johannesburg South: Marketing Manager posted by BizGro
A leading Commercial Kitchen Supplier seeks an experienced qualified Marketing Manager to join their Team, based in Johannesburg South.Qualified ...
View Job
Marketing Manager
Johannesburg North: Sales Rep – Urgently needed posted by WE -Nuts
We are looking for preferably qualified female sales assistants brand representatives to start immediately for WE-Nuts in Johannesburg North Area.Kindly...
View Job
Sales Rep – Urgently needed
Johannesburg: External Account Manager – IT posted by Kontak Recruitment
External Account Manager - IT JB5336Rivonia, GautengMarket Related, plus commissionDuration PermanentAn exciting opportunity exists for a skilled External...
View Job
External Account Manager – IT
Johannesburg South: CNC Lathe Operator – Start Immediately posted by Novatek
CNC Lathe OperatorNovatek Drills Pty Ltd, a leading company in the manufacturing and sales of mining equipment situated in Robertsham, Johannesburg South,...
View Job
CNC Lathe Operator – Start Immediately
Johannesburg City: Plumber / Driver posted by Nivroc Building Contractors
We require an experienced PlumberDriver with a minimum of 3years of experience in driving and plumbing.Must be able to install electric and solar geysers...
View Job
Plumber / Driver
Johannesburg: Automotive Technician – Urgent posted by Bonafide Human Capital
Our Passenger dealer client based in Northcliff is looking to employ a qualified Technician.This position will be suited to an experienced person who can...
View Job
Automotive Technician – Urgent
Johannesburg: Customer Service Internship – Urgently needed posted by Sivuka Youth
Sivuka Youth is excited to share a Customer Service Internship opportunity, specifically designed for young graduates in South African living with...
View Job
Customer Service Internship – Urgently needed
Johannesburg City: Full-Stack Web Developer – JB5345 posted by Kontak Recruitment
Full-Stack Web Developer JB5345Fully Remote South Africa onlyR40 000 R60 000 CTC per monthPermanentA UK-based investment firm is hiring a Full-Stack Web...
View Job
Full-Stack Web Developer – JB5345
Johannesburg: IT Sales Agent posted by Cora O’Neil Recruitment Agency
Lyndhurst, Jhb IT SALES AGENT Minimum Requirements-Presentable born South African -Fully bilingual in with excellent English proficiency Afrikaans...
View Job
IT Sales Agent
Johannesburg North: Recruitment Consultant – Sales & Talent Solutions posted by Vertex Talent Acquisition
Vertex Talent Acquisition is a premier recruitment agency connecting exceptional talent with forward-thinking organizations globally. As a trusted...
View Job
Recruitment Consultant – Sales & Talent Solutions
Johannesburg City: Vending Machine Attendant – Urgently Needed posted by Always Open
We are looking for a reliable, hardworking Vending Machine Attendant to join our growing team. This role is physically demanding and requires strong time...
View Job
Vending Machine Attendant – Urgently Needed
Johannesburg: Relief Travel Specialist
A Leading Inbound Destination Management Company is recruiting Relief Travel Specialists. The candidates need to be senior and able to assist in all...
View Job
Relief Travel Specialist
Johannesburg North: Chartered Accountant – Statutory Reporting – Insurance /Reinsurance required posted by Moving Heads
My client is an established Insurance Company, looking for A CA with 2-3 years relevant experience and exposure to IFRS 17, SAM solvency consolidated...
View Job
Chartered Accountant – Statutory Reporting – Insurance /Reinsurance required
Johannesburg: Accountant (SAIPA) posted by Moving Heads
My client, a progressive capital Investments company based in Johannesburg North, is seeking an accountant with 5 years of experience in the full accounting...
View Job
Accountant (SAIPA)
Johannesburg North: Personal Assistant – PA – URGENTLY NEEDED posted by Corporate Dealership Placements – JHB
Personal Assistant to Franchise Director R Negotiable NorthMatric, with normal PA duties. Must be very presentable, well spoken with PA experience at...
View Job
Personal Assistant – PA – URGENTLY NEEDED
Johannesburg North: Dealer Principal – DP posted by Corporate Dealership Placements – JHB
Dealer Principal R Negotiable NorthMust currently be a DP at a motor dealership, preferably someone from a volume dealership. Complete running of the...
View Job
Dealer Principal – DP
Johannesburg North: New Car Sales Manager – URGENTLY NEEDED posted by Corporate Dealership Placements – JHB
New Car Sales Manager R 35000 - R40000 NorthOur client is looking for a top new car sales manager for Chery Omoda Jaecoo.Must have Matric, with volume...
View Job
New Car Sales Manager – URGENTLY NEEDED
Johannesburg North: Group Technology Officer posted by Corporate Dealership Placements – JHB
Group Technology Officer R75 000 R100 000 per month depending on structure and experience Johannesburg NorthBachelor degree or equivalent is essential in...
View Job
Group Technology Officer
Johannesburg City: ITIL SUPPORT ENGINEER posted by DSS Destiny
IT - SUPPORT ENGINEERMust have ITIL certification with at least 3 years of experience.
View Job
ITIL SUPPORT ENGINEER