Actuarial Pricing Specialist

Website Momentum

Job Description:

The purpose of this role is to price and manage the risk in respect of new and existing business to ensure profitability and sustainability. The area is a high-pressure environment, and the suitable candidate needs to be able to produce high quality work while ensuring that tight deadlines are met.

Job Responsibilities:

  • Support the development of new and innovative products.
  • Ownership of model performance against actual experience and acting on model weaknesses.
  • Drive, implement and maintain proper governance on pricing developed/deployed.
  • Maintain, develop, and implement market leading Short-Term Insurance pricing models.
  • Developing and implementing pricing strategies for new and existing business to achieve growth and profit objectives.
  • Explore and identify data and rating enhancements to inform pricing models.

Job Requirements:

  • Qualified actuary or nearly qualified actuary
  • 5 years or more of Actuarial modelling and pricing experience within the Short-Term Insurance industry.
  • Preference will be given to candidates that demonstrate advanced pricing and product development experience.
  • Experience with software packages like SQL, SAS, R, Python, Willis Towers Watson, Earnix and AKUR8
  • Bachelor’s degree in Actuarial Sciences

Job Details:

Company: Momentum

Vacancy Type: Full Time

Job Location: Centurion, Gauteng, South Africa

Application Deadline: N/A

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