Business Segment: Insurance & Asset Management Company: Standard Insurance Ltd Location: ZA, undefined, Johannesburg, 4 Ellis Street Responsibilities Lead Technical, and Expense Modelling, develop, maintain, and implement market-leading pricing models to ensure competitive and profitable offerings. Drive Innovation in Products and Models: support the design and development of new and innovative products, pricing strategies, and modelling techniques. Establish Monitoring Framework: assist in setting up robust monitoring frameworks to track performance, profitability, and compliance with pricing objectives. Policy Administration System (PAS): take ownership of PAS pricing requirements, ensuring accurate and timely implementation aligned with business needs. Support Management in Achieving Objectives: collaborate with leadership to ensure profitability targets and strategic objectives are consistently met. Qualifications Type of Qualification: 3 year BSc, 4 year B BusSc or BCom with actuarial majors. Honours is an advantage. Membership: Member of Actuarial Society of South Africa or Member of the Institute and Faculty of Actuaries. At least 6 exemptions / actuarial exam passes. Experience Required 4-7 years of short-term pricing experience. Experience with data is preferred. Experience in short term insurance pricing. Experience in system (PAS, rating engine or claims) implementation. Knowledge Knowledge of short-term insurance pricing techniques. Understanding of short-term insurance products and business principles. Understanding of balance sheet and Income statement. Knowledge of actuarial processes and control cycle. Knowledge of the product development process. Understanding of how the FSCA operates. Understanding of the economic environment’s impact on short term insurance industry. Knowledge of South African insurance regulation. Knowledge of system implementation. Additional Information Able to multi-task. Communication skills – written, verbal and presentation skills. Disciplined and has a high level of integrity, professionalism and trustworthiness. Self-motivated. Pro-active. Specialist actuarial software package skills. SAS statistical package (preferred), Emblem, Radar, Earnix. #J-18808-Ljbffr
Senior Pricing Actuarial Analyst
STANDARD BANK OF SOUTH AFRICA LIMITED
johannesburg, johannesburg
Published 14 days ago
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