Snr Pricing Analyst

Sandton

Analyse Company data to ensure financial stability of the Company. Analyse data for rate and reserve adequacy, develops various actuarial and statistical models, examines irregularities in data, develops pricing, performs competitive analysis and assists in the analysis of corporate loss reserves.

Formal Qualifications

B.Sc/B.Com (Mathematics/Mathematical Statistics/Actuarial Science)

A minimum of 5 actuarial exams completed

A minimum of 2 years’ experience in an actuarial field within long-term insurance

Pricing or product development in long-term insurance

Investigations experience

Portfolio Analysis

MSOffice (advanced Excel knowledge), VBA and SQL

IFRS17 knowledge/experience is advantageous

Key Responsibilities:

Developing and maintaining pricing models

Developing, maintaining and enhancement of risk products and policy terms

Quotes on new business and improved benefits

Reviewing rates on existing business

Monitoring of claims ratios and profitability of schemes

Assisting with performing the various experience investigations (incl. expense and mortality investigations)

Assisting with the development of the pricing bases for all risk products

Performing monthly valuation / reserving

Assisting with statutory reporting

Assisting with the IFRS17 implementation

Ad-hoc projects n3.5s