Senior Pricing Specialist needed at Santam Insurance

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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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