Head: Non-Life Pricing & Structuring (Cell Captive) at Guardrisk

Role Purpose    

• The Non-Life Pricing & Structuring (Cell Captive) team looks at providing technical support in the form of pricing, product development and the capital structuring of new business prospects.

Requirements    

• Qualified or nearly qualified actuary (FASSA or equivalent international designation).
• Successful completion of F103 (General Insurance Principles) or equivalent short-term insurance exam.
• Bachelor’s or Honours degree in Actuarial Science, Mathematics, Statistics, or a related field (NQF Level 7+).
• At least of 5–8 years’ experience in the non-life (short-term) insurance industry.
• Strong working knowledge of actuarial pricing techniques and product structuring principles.
• Exposure to the SAM capital regime.

Duties & Responsibilities    

• Provide strategic leadership to the Non-Life Pricing & Structuring (Cell Captive) team, ensuring alignment with broader business objectives.
• Take accountability for all product development, pricing frameworks, and structuring initiatives across the CRS and VUMA portfolios.
• Review, approve, and sign off on pricing models for new and existing products, ensuring compliance with regulatory, professional, and internal governance standards.
• Lead rate reviews and re-pricing exercises for the existing product suite to maintain technical soundness and market competitiveness.
• Oversee the assessment and approval of new product offerings, ensuring they are commercially viable and compliant.
• Partner with internal teams to structure new deals - providing actuarial input on optimal underwriting and capital structuring solutions tailored to client needs.
• Support clients in the design and development of bespoke products, with a focus on innovation, profitability, and sustainability.
• Manage financial performance reporting, including monitoring product profitability and adherence to best-practice actuarial standards.
• Act as a senior technical advisor to both clients and internal stakeholders, translating complex actuarial insights into actionable business decisions.

Competencies    

• Analytical & Problem-Solving Skills
• Exceptional analytical thinking and lateral problem-solving capabilities.
• Comfortable working with diverse actuarial models and approaches.
• Ability to work accurately under pressure, manage multiple priorities, and meet tight deadlines.
• Leadership & Communication
• Proven leadership experience with the ability to lead and mentor a high-performing technical team.
• Excellent written and verbal communication skills, with the ability to explain technical concepts to non-technical stakeholders.
• Strong interpersonal and stakeholder engagement skills, with the ability to build trusted internal and external relationships.
• Self-starter with the ability to take initiative, adapt to change, and operate with minimal supervision.
• Collaboration & Innovation
• Collaborative mindset with a willingness to work across functions and with diverse teams.
• Innovative thinker with a strategic and commercial orientation.
• Strong organisational skills and the ability to deliver structured, well-documented work outputs.
• Ability to network and consult across all levels of the organisation and with clients on technical structuring matters.

Deadline:16th July,2025