Business Analyst

Recruiter:

Mindworx Consulting

Job Ref:

JNB007999/LD

Date posted:

Friday, December 19, 2025

Location:

Johannesburg, South Africa

SUMMARY:
Job Purpose:

The Rates Solution Analyst transforms actuarial pricing structures into effective business processes and technical solutions for short-term insurance. Working closely with underwriters, actuaries, and product owners, the analyst ensures rating models and regulatory changes are accurately integrated into operational systems. The role involves analysing business impacts, validating algorithms, documenting requirements, and supporting agile development to optimize rating processes and enable precise pricing and product delivery

POSITION INFO:
Requirement Gathering:

Interacting with all relevant stakeholders (underwriters, actuaries, Product Owners) to capture rating, pricing, and underwriting requirements.
Conduct gap analysis and review how current products are set up in the system in terms of rating between current and desired rate structures to identify changes and additions required to meet the business requirements

Requirements:

Minimum 7 years’ working experience in IT business analysis – (5 years of which should be in the Short-Term insurance environment)
3-5 years rating engines, including:
Data dictionaries, data mapping, and product configuration
Designing and interpreting data flows, sequence diagrams, ERDs,
Working with API’s, systems integrations, and SQL for data retrieval and validation
Proven experience translating actuarial/pricing models into system requirements
Exposure to multiple insurance products (Commercial and Personal Lines)
Educational Requirements
Matric
Business analysis certification
Bachelor’s Degree in Business and/or relevant Information Systems qualification
Agile certification
Technical qualifications - SQL, API fundamentals, data modelling

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