Actuarial Analyst - Pricing Group Risk

SUMMARY:
Actuarial Analyst Pricing - Group Risk

POSITION INFO:

ACTUARIAL PRICING ANALYST

Our client a dynamic a specialist Group Risk Underwriting Company based in the north seeks to employ an Actuarial Pricing Specialist.  

The Company focuses on providing group cover in South Africa.

The Risk Management team is responsible for the overall risk rating for Employee Benefit Risk Schemes. Both new and renewable business across South Afirca

Overall Job Focus – The Company operates in a highly competitive market and the overall purpose of the Actuarial Analyst Pricing role is to ensure business growth and client retention while ensuring profit expectations are achieved.  This requires continued engagement with relevant stakeholders and a good understanding of the market space.

KEY OUTPUTS

• Review of theoretical pricing quotes and policy wording
• Vulnerable schemes management (existing business)
• Pricing and benefit design of large/complex new business opportunities
• Assist in implementation of strategic project
• Assist with technical pricing and produce queries for other business areas and brokers
• Responsible for ongoing technical development and maintenance of the quotation system in line with the Company’s IT Strategy including reinsurance treaty changes
• Building and maintenance of pricing models

QUALIFICATION EXPERIENCE AND COMPETENCIES:

• Actuarial student with progress in CT exams
• Alternatively, a candidate with a mathematical or statistical qualification will be considered
• Preferred experience in a Group Risk pricing role otherwise a life pricing role
• Strong analytical skills
• Interpersonal skills
• PC skills (Word, Excel, Outlook, PowerPoint)
• Excellent communication (written and verbal)

CUSTOMERS

• Team, Admin, Sales, Strategic Partners
• Policyholders, clients, Brokers, TPA’s, UMA’s
• Reinsurers

PERSONAL ATTRIBUTES

• Results orientated with the ability to work under pressure
• Ability to engage and build relationships with stakeholders
• Ability to prioritise and make decisions
• Attention to detail

NB! This job is now closed. You can apply for other jobs by uploading your CV.