Actuarial Pricing Specialist

SUMMARY:

POSITION INFO:
The successful candidate will work alongside experienced actuaries, actuarial analysts, and data professionals to support innovative insurance solutions and contribute to the profitability and sustainability of the business. Key Responsibilities: Participate in pricing, product development, and enhancement initiatives. Conduct rate reviews and repricing exercises to maintain technical soundness and market competitiveness. Assist in the assessment and implementation of new product offerings. Collaborate with underwriting, claims, IT, and product teams to develop effective insurance solutions. Develop and refine pricing models, tools, and actuarial processes. Monitor product profitability and provide data-driven business insights. Investigate pricing and portfolio performance variances, recommending corrective actions where required. Act as a technical advisor to both internal and external stakeholders. Minimum Requirements: Degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field. Associate Actuary qualification or good progress towards Associate level exams. 2 to 4 years of relevant actuarial experience. Experience in actuarial modelling and data analysis. Knowledge of insurance products, contracts, and industry legislation. Strong Excel skills and proficiency in SQL. Exposure to Python and/or R would be advantageous. Experience with data extraction and reporting would be beneficial. Ideal Candidate: The ideal candidate is analytical, technically strong, and commercially minded, with a passion for problem-solving and innovation. You should have excellent communication skills, a proactive approach, and the ability to translate complex actuarial concepts into meaningful business insights. Why Apply? ✅ Exposure to innovative insurance products and pricing solutions ✅ Work within a collaborative and highly skilled actuarial team ✅ Opportunity to influence key business decisions ✅ Strong career development and growth prospects ✅ Exposure to product development and strategic initiatives 📩 If you are looking to take the next step in your actuarial career and meet the above requirements, we'd love to hear from you. For Finance Roles: For more exciting Actuarial & Analytics vacancies , please visit: Network Recruitment International I also specialise in recruiting: Actuarial (Life, Short-Term, Pensions, Health, Quant) Data Science & Advanced Analytics Pricing & Product Modelling Market, Credit & Quantitative Risk Machine Learning & AI Specialists If you have not received a response within two weeks, please consider your application unsuccessful. Your profile will remain on our database for future opportunities. For more information, contact: Kholo Mongalo Recruitment Researcher - Actuarial & Analytics Connect with me on LinkedIn: Kholo Mongalo on LinkedIn