Senior Pricing Specialist – Short-Term Insurance

Recruiter:

Omega Human Capital

Job Ref:

1090576152

Date posted:

Tuesday, January 6, 2026

Location:

Sandton, South Africa

SUMMARY:
-

POSITION INFO:

I am recruiting on behalf of a leading short-term insurer for a Senior Pricing Specialist to take ownership of commercial pricing strategy, model governance, and product profitability. This is a senior technical role with people leadership and strong business influence.

Role Overview

You will lead pricing and product development for commercial lines short-term insurance, ensuring pricing sophistication, profitability, governance, and alignment with growth objectives.

Key Responsibilities

Lead and supervise actuarial and pricing resources.
Translate complex actuarial outcomes into clear, business-facing insights.
Develop, maintain, and enhance market-leading STI pricing models.
Identify and implement data and rating factor enhancements.
Own pricing model performance, monitoring results against experience and correcting weaknesses.
Design and implement pricing strategies for new and existing products.
Support innovation in product development while maintaining existing portfolios.
Ensure robust governance across pricing development and deployment.
Provide analytical and pricing advice to stakeholders using data-driven insights.
Work with large datasets to extract commercial value.

Requirements

Bachelor’s Degree in Actuarial Science, Statistics, Business Sciences, or Business Mathematics.
Qualified Actuary (FIA, FFA, or FASSA) highly advantageous.
Minimum 8 years’ experience in actuarial modelling, pricing, and product development within short-term insurance.
5–8 years’ management or supervisory experience desirable.
Strong experience in commercial lines pricing.
Advanced Excel capability.
Proficiency in SQL, SAS, R, Python, and pricing platforms such as Earnix, AKUR8, Willis Towers Watson.
Experience with VB scripting and large-scale data mining.
Strong business acumen, stakeholder focus, and delivery mindset.

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