To provide world-class, professional and quality driven services to satisfy both the client and candidate’s needs. The goal is to develop customised approaches to fit our client’s specific requirements and establish permanent relationships with our clients, through listening, understanding and excelling in services provided.
Read more about this company
Minimum NQF Level 7, i.e. University degree in Actuarial Science or a related field.
Beneficial: Qualified FASSA designation of the Actuarial Society of South Africa or an international.
+ 5 years’ short term insurance pricing experience, including modelling and deployment.
Experience of providing actuarial advice to senior management.
Underwriting and portfolio management experience with market practice acumen.
5+ or more years general management experience.
Experience in project management and past exposure to large IT development projects.
Roles and Responsibilities:
Lead the pricing team, comprising approximately 10 individuals, to oversee the pricing of the companies short-term insurance offerings, encompassing Commercial Lines, Personal Lines, Marine, Engineering, and Hospitality.
Manage relationships with key stakeholders across the organisation, such as Broker Distribution and Underwriting, ensuring the company meets its financial targets consistently.
Conduct ongoing analysis of portfolio results to inform pricing decisions and explore alternative strategies to achieve business objectives.
Develop and/or collaborate on pricing best practices, including the design of systems and procedures, and assist in their implementation as necessary.
Take overall responsibility for the pricing tools utilised by the company, overseeing contracting, budgeting, implementation, and alignment with industry best practices.
Translate organisational plans into actionable pricing frameworks and risk management strategies, ensuring alignment with the companies' Actuarial units and governance policies.
Utilise statistical techniques and design criteria to accurately predict the outcomes of different courses of action.
Lead complex pricing projects requiring integration across multiple business units.
Offer actuarial support and insights into underlying performance to various business functions.
Develop and maintain business reports to monitor profitability and identify market opportunities.
Participate in Profitability Review and Performance Assessment discussions.
Collaborate with Reserving, Finance, Claims, Risk, Capital Management, and other departments on pricing and strategic decisions.
Assist in overseeing data flow and quality management.
20 Initiatives to Boost Employee EngagementAre you struggling with improving employee engagement at work? This article covers everything from better communication to building a strong workplace culture.
30 Common Interview Mistakes to AvoidThis piece examines 30 of the most common mistakes applicants make at interviews, so you know how to better avoid them.
Gmail
Yahoomail