Job title : Senior Pricing SpecialistJob Location : Gauteng, JohannesburgDeadline : January 11, 2025Quick Recommended Links Jobs by Location Job by industries 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 Insurance jobs