Head of Pricing

SUMMARY:
Shape the Future of Actuarial Pricing with AI Innovation! Join a pioneering team using cutting-edge AI to redefine how insurers price and manage risk.

POSITION INFO:
My client is a fast-growing actuarial technology and consulting company transforming non-life (P&C) insurance pricing through advanced AI-powered software solutions. Founded by leading actuarial experts, they combine deep technical knowledge with innovative technology to deliver pricing models that are accurate, explainable, and regulator-friendly.

I am looking for an Actuarial Pricing Analyst to help drive this mission forward. If you’re passionate about using your actuarial skills to solve complex problems in new and innovative ways, this is your chance to make a tangible impact.

This opportunity offers:

• A dynamic and collaborative start-up culture
• Exposure to cutting-edge actuarial and AI applications
• Flexible working arrangements (Johannesburg / Cape Town)
• A chance to shape the future of insurance pricing and risk assessment

• Develop and enhance pricing models for short-term insurance products
• Analyze insurance datasets to improve pricing accuracy
• Contribute to model validation frameworks and ensure actuarial rigor
• Support client implementation projects and provide technical expertise
• Stay up to date with regulatory developments and industry trends
• Document methodologies and prepare materials for client presentations

• Education: Nearly or newly qualified Actuary (ASSA)
• Experience: Prior experience in short-term insurance pricing is essential
• Skills:
  • Strong understanding of actuarial principles and statistical methods
  • Familiarity with traditional pricing techniques (e.g., GLMs)
  • Proficiency in R, Python, or similar programming language
  • Excellent analytical, problem-solving, and communication skills
  • Interest in AI and machine learning applications in insurance
• Preferred:
  • Experience with machine learning techniques and data visualization
  • Knowledge of regulatory requirements for insurance pricing models
  • Familiarity with big data technologies and cloud computing platforms

• Actuarial Science
• AI in Insurance
• Pricing & Risk Modelling
• Data Science in Insurance