Technical Pricing Manager at Discovery Limited

Key Purpose

• We are seeking a Technical Pricing Manager with a strong background in short-term insurance to lead the development of pricing models and strategies. The ideal candidate will have experience in predictive modeling, data analysis, and actuarial techniques to support business objectives and drive profitability.

Areas of responsibility may include but are not limited to

• Develop and implement pricing models and strategies for short-term insurance products.
• Conduct predictive modeling and data analysis to inform pricing decisions.
• Monitor and analyze the performance of pricing models and adjust as necessary to meet business objectives.
• Collaborate with underwriting, actuarial, and product development teams to ensure pricing accuracy and competitiveness.
• Provide analytical support and insights to inform strategic decision-making and business planning.
• Lead the development of pricing tools and systems to enhance efficiency and effectiveness.
• Stay updated with industry trends, regulatory changes, and market conditions to ensure pricing strategies remain relevant and compliant.
• Prepare and present detailed reports and recommendations to senior management.
• Mentor and guide junior team members in technical pricing methodologies and best practices.
• Support ad-hoc analysis and projects related to pricing and profitability as needed.

Skills

• Modelling skills preferred
• Experience with WTW software (e.g., Emblem, Radar)
• Programming Skills: SQL (Intermediate)
• Microsoft Office (Excel, PowerPoint and Word) (Advanced)

Education and Experience

Education:

• Matric (Essential)
• Honours degree in Actuarial Science and/or Mathematical Statistics/ Computer Science or Strong mathematical/economics candidate (Essential)
• FASSA (Advantageous)

Minimum Experience:              

• At least 3–5-year Technical Pricing experience within an Insurance industry (advantageous)