Senior Pricing Specialist needed at Santam Insurance
Job title : Senior Pricing Specialist
Job Location : Gauteng, Johannesburg
Deadline : January 11, 2025
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What will you do?
- To focus on the technical development, maintanence and implementation of pricing models, ensuring accountability for profitability. This also includes maintaining and refining existing risk-based pricing models across all products within SCS, ensuring SCS pricing governance and controls are followed and that all the sign-off processes are adhered to before pricing models are implemented
Key accountabilities and responsibilities include:
- Execute pricing strategies aligned with business objectives to ensure profitability for SCS while remaining competitive in the market
- Build, maintain and implement scientific risk pricing models, ensuring pricing models are regularly updated through ongoing refinements and testing
- Build pricing adequacy reporting framework
- Apply advanced actuarial/statistical techniques using modern technology tools in analysing data and implementing pricing initiatives.
- Technical pricing innovation and improvement on existing models to achieve short-term and long-term business targets
- Ensure governance process are followed
- Input into product development and business processes where required
What do you need?
- Bachelor’s degree in actuarial science, statistics or similar qualification
- Nearly qualified actuary, good progress with actuarial exams or similar
- Proven track record of at least 4 years’ experience within short term insurance pricing environment.
- Good knowledge of Commercial and Personal products is advantageous.
Skills
- Technical pricing skills
- Management of a pricing team
- Skilled in leading and coaching staff to keep pricing talents engaged and productive
- Excellent English communication & report-writing and presentation skills
- Establish interpersonal relationship, negotiating and networking skills
- Ability to influence
- Ability to work under pressure with appropriate prioritisation skills
- Results-orientated and deadline driven
- Analytical skills and problem-solving abilities
- Creativity and ability to innovate and find new solutions to new challenges
- Able to organise own and others’ workloads to achieve priorities and objectives
- Demonstrate capability to think of the organisation holistically
- Empowering others
How to Apply for this Offer
Interested and Qualified candidates should Click here to Apply Now
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