Menu Close

Pretoria: Actuarial Pricing Specialist posted by The Recruitment Council

Pretoria: Actuarial Pricing Specialist posted by The Recruitment Council

Posted on 2025-05-01 00:00:00

Employer The Recruitment Council
Category Other Professions
Location Gauteng  / Pretoria

Job Summary

Job Title: Actuarial Pricing Specialist Position Type: Permanent Location: Centurion, Gauteng, South Africa (Hybrid/Remote option available) Role Overview: The Actuarial Pricing Specialist will play a critical role in pricing and managing risk for new and existing business within the Short-Term Insurance sector. This individual will be responsible for developing, implementing, and maintaining market-leading pricing models that ensure profitability and sustainability. The role requires expertise in actuarial pricing, advanced data analysis, and the ability to make data-driven decisions in a high-pressure, deadline-driven environment. Key Responsibilities: Develop and Implement Pricing Models: Design, develop, and maintain pricing models for Short-Term Insurance products. Continuously improve these models to reflect market trends, risk factors, and business objectives. Enhance Data and Rating Strategies: Identify opportunities to enhance data collection methods, rating structures, and analytics processes to inform and optimize pricing decisions. Monitor Model Performance: Regularly review pricing models to track their performance against actual outcomes, identifying weaknesses and making necessary adjustments to improve model accuracy and effectiveness. Develop Pricing Strategies: Lead the development and implementation of pricing strategies for both new and existing products. Ensure these strategies support growth and profitability goals for the business. Support Product Development: Work closely with cross-functional teams to support the development of innovative products, providing actuarial insights that drive product success. Governance and Compliance: Ensure that all pricing models comply with internal governance and external regulatory standards. Implement proper procedures for pricing deployment and ongoing monitoring. Data Analytics and Reporting: Utilize advanced data analytics to support business decisions, and provide clear, actionable insights for senior leadership and other stakeholders. Collaboration: Collaborate with various business units, including underwriting, claims, and product development, to ensure pricing models align with overall business strategies and objectives. Qualifications and Experience: Education: Bachelors degree in Actuarial Sciences. Professional Qualification: Qualified actuary or nearly qualified actuary. Experience: A minimum of 5 years experience in actuarial modeling and pricing, particularly within the Short-Term Insurance industry. Preference will be given to candidates with advanced pricing and product development experience. Technical Skills: Proficiency in actuarial software and tools, including SQL , SAS , R , Python , and Earnix . Advanced proficiency in Microsoft Excel , particularly with functions like pivot tables, data analysis, and macros. Experience with large datasets and programming to extract commercial value from data. Core Competencies: Analytical Thinking: Strong analytical skills with the ability to develop and interpret complex models and data. Problem-Solving: Ability to identify areas for improvement in existing models and create innovative solutions. Attention to Detail: Exceptional attention to detail and accuracy when building and testing pricing models. Project Management: Ability to manage multiple projects simultaneously, prioritize tasks, and meet deadlines in a fast-paced environment. Communication Skills: Strong written and verbal communication skills, capable of presenting complex actuarial concepts clearly to non-technical stakeholders. Initiative: Self-starter with a proactive approach to problem-solving and driving improvements within the pricing function. Desired Skills and Attributes: Passion for Short-Term Insurance (STI): Strong interest in STI products and pricing models, with a deep understanding of the dynamics that drive the market. Ownership & Accountability: Ability to take ownership of projects and deliver results independently while collaborating effectively with cross-functional teams. Adaptability: Ability to perform under pressure and adapt to changes in business needs or market conditions. Creative & Innovative Thinking: A creative approach to pricing and risk management, always looking for new ways to enhance processes and models. Compensation: The role offers a competitive salary and benefits package, with performance-based incentives.

View Job  South Africa: Python Developer - Remote/hybrid

Click Go Apply to apply online!


Get Similar Job Alerts
Enter your WhatsApp number (e.g., +27740908132)
You'll receive alerts for new jobs in Pretoria, Gauteng

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


Pretoria: Cyber Security Specialist – Urgent posted by Natebo Consulting

Are you a skilled IT professional with the desire to join a team of talent and elevate your career? We have the opportunity for you! As a Cybersecurity...


View Job
Cyber Security Specialist – Urgent

Pretoria: Admin Clerk – IT expertise posted by BizGro

A leading Pretoria based Food Service Distributor seeks an experienced Admin Support Clerk to manage their online ordering system.The successful Candidate...


View Job
Admin Clerk – IT expertise

Pretoria: Admin and Store Assistant – Urgently needed posted by Chiocchi Schwan Installations (Pty) ltd

Looking for well-spoken person with good communication skills to assist with administration work in Silvertondale. Candidate will assist with all general...


View Job
Admin and Store Assistant – Urgently needed

Pretoria: (HVAC) AIR-CONDITIONING ASSISTANT – PTA/JHB posted by All Out Group PTY LTD

HVAC AIR-CONDITIONING ASSISTANT MUST HAVEMinimum 3-5 years experience.Applicants must have relevant experience in the field with contactable...

View Job  Springs: Process Technician (Utilities) posted by AtripleA recruitment & temps

View Job
(HVAC) AIR-CONDITIONING ASSISTANT – PTA/JHB

Pretoria City: Safety Officer/Manager posted by Malo Group

Position OverviewWe are seeking a dedicated and experienced Safety OfficerManager to join our team. The successful candidate will be responsible for...


View Job
Safety Officer/Manager

Pretoria City: Office Administrator/Clerk posted by Hoogenhout Eiendomme

We are seeking an experienced Office AdministratorClerk to join our team. This role is ideal for a proactive, hardworking individual with a solid background...


View Job
Office Administrator/Clerk

Hammanskraal: Senior Quality Inspector – North of Pretoria posted by Staffworx Recruitment

RECRUITMENT EXCELLENT OPPORTUNITY!Job Title Senior Quality Control Inspector Reports to Quality Manager About the Company Established in 1966, this company...


View Job
Senior Quality Inspector – North of Pretoria

Pretoria: Assessor (JB5104) posted by Kontak Recruitment

Assessor JB5104R20 R25,000 CTC pmRietfontein, PretoriaPermanentAre you an experienced Assessor with a passion for education and skills development? Join our...


View Job
Assessor (JB5104)

Gauteng: SKILLED TECHNICIAN (HVAC) AIR-CONDITIONING – PRETORIA & JOHANNESBURG posted by All Out Group PTY LTD

SKILLED TECHNICIAN HVAC AIR-CONDITIONING TECHNICIAN MUST HAVEMinimum 10-15 years experience. In the process to qualify or Qualified applicants with relevant...


View Job
SKILLED TECHNICIAN (HVAC) AIR-CONDITIONING – PRETORIA & JOHANNESBURG

Pretoria East: Maintenance Manager posted by Private

We require the services of a maintenance manager with strong managerial qualities for our group of companies. The ideal candidate will have knowledge of a...


View Job
Maintenance Manager

Pretoria: Full Stack .NET Developer (JB5114) posted by Kontak Recruitment

Full Stack .NET Developer JB5114Location Pretoria, South Africa Salary R45K - R60K negotiable Type Permanent Hybrid 2-3 days remote after 3 monthsJoin a...


View Job
Full Stack .NET Developer (JB5114)

Pretoria: Industrial Sewing/Seamstress – Experienced posted by Big Country Manufacturing

We are seeking a skilled preferably Male Sewing Operator Seamstress to join our team, specializing in the production of high-quality safari tents made from...


View Job
Industrial Sewing/Seamstress – Experienced

Pretoria: Toolmaker and CNC Programmer – Urgent positions to be filled posted by Montana Recruitment

Toolmaker and also looking for CNC Programmer on Turning and Milling Hammanskraal, Pretoria.Positions to be filled immediately.Experience as Team and Line...

View Job  Johannesburg: Bank and Cash Administrator (Maternity Fill) posted by Isilumko Staffing

View Job
Toolmaker and CNC Programmer – Urgent positions to be filled

Pretoria: CNC Programmer – To start ASAP. posted by Montana Recruitment

CNC Programmer Qualified Toolmaker with minimum of 5 years experience. Hammanskraal. To start ASAP. Sound knowledge of injection mouldingextrusion processes...


View Job
CNC Programmer – To start ASAP.

Pretoria: SAQCC SANS 1475 Technician posted by Target fire protection

SAQCC Technician SANS 1475 with SAQCC cardValid drivers licenseAvailable Immediately.


View Job
SAQCC SANS 1475 Technician

Pretoria: Mechanical HVAC Engineer posted by Construct Executive Search

Applicants must have the following requirementsMust have a Bachelor of Science Degree or Bachelor of Technology Degree or Bachelor of Engineering Degree in...


View Job
Mechanical HVAC Engineer

Pretoria: Mechatronic Technician (Building Services) posted by Construct Executive Search

Applicants must have the following requirementsMust have a National Diploma in MechatronicsMust have Red Seal Certificate.Must have 1 - 3 years post...


View Job
Mechatronic Technician (Building Services)

Pretoria East: Junior Designer (UI/UX & Graphics) – Immediate Start posted by DesignKey (Pty) Ltd

Were Hiring Junior Designer Immediate Start! Remote Full-time Work from AnywhereJoin a fast-growing design marketing agency!DesignKey is looking for a...


View Job
Junior Designer (UI/UX & Graphics) – Immediate Start

Pretoria East: Junior Digital Marketing Strategist – Immediate Start posted by DesignKey (Pty) Ltd

Junior Digital Marketing StrategistDesignKey Pty Ltd South AfricaRemote Full-time Work from AnywhereJoin a fast-growing design marketing agency!DesignKey...


View Job
Junior Digital Marketing Strategist – Immediate Start

Pretoria: Junior Site Manager (JB5136) posted by Kontak Recruitment

Junior Site Manager JB5136Pretoria, Gauteng R20 000 per monthDuration Permanent A security company is seeking a Junior Site Manager to oversee operations at...


View Job
Junior Site Manager (JB5136)

Pretoria East: Operations Manager – Solar Industry posted by Sol-brite

Candidate must have the following credentials - Drivers license - High-rise Qualification - All Medicals to be up to date.


View Job
Operations Manager – Solar Industry

Pretoria: Client Services Manager (JB5146) posted by Kontak Recruitment

Client Services Manager JB5146Pretoria, South AfricaSalary R30 - 40 000 per monthEmployment Type Permanent Workplace In-Office Are you a natural leader with...


View Job
Client Services Manager (JB5146)

Pretoria East: Site Manager – Urgently Needed posted by Riverview Development

Looking for highly motivated Foreman for ceiling and drywall company for limited duration Project in Pretoria.Knowledge of suspended ceilings, drywall,...


View Job
Site Manager – Urgently Needed

Share this to someone who needs a job:
Posted in Jobs in Gauteng, Jobs in Pretoria, Jobs in South Africa, Other Professions

More Jobs in Your Area