Midrand: Short-Term Actuary – Pricing & Product Development Focus posted by Network Finance
Posted on 2025-07-05 00:00:00
| Employer | Network Finance |
|---|---|
| Category | Development |
| Location | Gauteng / Midrand |
Job Summary
Key Responsibilities:
- Develop and enhance pricing models for short-term insurance products using actuarial best practices and advanced statistical techniques.
- Conduct rate reviews and re-pricing exercises to ensure technical soundness and market competitiveness.
- Support product development by delivering actuarial insights on new and existing offerings.
- Collaborate with underwriting and product teams to shape product structures and pricing strategies.
- Provide input into reserving and capital modeling activities for non-life portfolios.
- Deliver performance analysis and pricing recommendations to senior management and stakeholders.
- Contribute to the broader actuarial strategy, including reinsurance assessments and regulatory reporting (e.g., IFRS 17).
What You’ll Need:
- Nearly or newly qualified actuary (FASSA or equivalent).
- Minimum of 3 years’ actuarial experience in the short-term (non-life) insurance space, with a solid foundation in pricing.
- Proven experience in pricing model development and calibration using tools like Emblem, ResQ, or similar.
- Strong technical skills in Python, R, SQL, or other actuarial/statistical programming languages.
- In-depth understanding of GLMs, rating structures, and actuarial pricing frameworks.
- Excellent communication skills with the ability to translate technical findings into actionable business insights.
- A proactive and innovative mindset, with a strong team-oriented approach.
Why Join?
- Strategic ownership of pricing across key short-term insurance portfolios.
- Hybrid working environment – combine flexibility with in-office collaboration.
- Work for a forward-thinking insurer with a strong focus on innovation, technology, and continuous improvement.
- Exposure to end-to-end product development and business decision-making.
- Be part of a talented, high-performing actuarial team that values insight, growth, and delivery.
If you are interested in this opportunity, please apply directly to *****@*****.co.za .
For more finance jobs, please visit www.********.co.za
If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.
We also invite you to contact us to discuss your next career move in finance!
For more information contact:
Heidi Nieuwoudt on (***)***-****
Specialist Recruitment Consultant: Actuarial and Analytical
Click Go Apply to apply online!
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