Actuarial Analyst - Pricing - Johannesburg at Bryte Insurance Company Limited

Key Tasks and Accountabilities

General

• Provide pricing services with minimal supervision by a more experienced team member.
• Perform analyses as assigned under the supervision of a more experienced team member.
• Gain and demonstrate increasing mastery of relevant pricing disciplines and procedures.
• Actively pursue actuarial qualification and achieve regular progress in exams.

Pricing specific

• Run, check and maintain monthly data builds as input to various analyses using SAS.
• Help maintain and develop rating tools, templates and rules engines, including testing of new pricing bases deployed.
• Analyse and report on various price monitoring aspects, e.g. loss ratios, rate changes, price strength ratios, quote success ratios, claims process, etc.
• Take part in pricing projects, i.e. learn to build, calibrate and fit GLM pricing models.
• Produce analyses and reports informing renewal targets and processes.
• Develop and expose new data sources
• Develop and publish dashboards

Business Support Ad Hoc

• Perform claims analytics and reports
• Perform data analytics and/or reinsurance analyses
• Analyse operational data to inform decisions and behaviours
• Analyse economic indicators for trends and set assumptions
• Develop and help productionalise new data sources
• Resolve pricing related queries from business

Relationships

• Actuarial Committee Representative
• Pricing Manager
• Underwriting
• Claims
• Finance
• Peers within team

Qualifications & Experience

• University degree in Actuarial Science or a related field.
• Evidence significant exam progress towards qualifying as an actuary

Skills

• Proficiency in English

• Effective intermediate oral and written communication, interpersonal skills (Report writing and presentation experience an advantage)
• Ability to extract and summarise data (strong SAS skills, Advanced certificate an advantage)
• Ability to program (VBA experience advantageous, Python is attractive)
• Understanding of Business Intelligence principles (ETL and reporting concepts)
• Understanding of Actuarial database/cube
• Ability to extract and summarise data (SAS experience advantageous)
• Analytical ability (Pricing specific an advantage)
• Statistical modelling experience (Actuarial pricing specific an advantage)
• Project management experience and advantage
• Short term insurance specific work experience advantageous

Behaviours:

• Energetic problem solver
• Professional and disciplined
• Able to meet deadlines and work under pressure
• Client focussed and delivery orientated
• Collaborative team player
• Succinct attention to detail and accuracy