Actuarial Analyst Personal Lines Pricing - Midrand Verfied

Salary Negotiable Midrand, Gauteng Midrand, Gauteng more than 14 days ago 06-01-2022 11:48:25 AM
03-03-2022 11:48:25 AM
Actuarial Analyst: Personal Lines Pricing
Johannesburg Northern Suburbs

Form part of the personal lines pricing and product development team. The main responsibility will be to build and improve pricing models to achieve set business targets.

• Understanding the different data sources and the value of the input data provided
• Analysing data to be able to provide insights to business problems across company
• Using statistical models to find appropriate solutions for business problems across company
• Building pricing models using actuarial pricing techniques which includes data preparation, risk factor identification and applying different modelling techniques including Generalised Linear Models
• Implementing new pricing models which includes system implementation and documentation of modelling process
• Monitoring loss ratios and key performance indicators to identify opportunities to improve pricing models and / or product design features
• Develop and design new products to enhance product offering to clients
• Presenting results to senior management and other stakeholders

• Honours Degree in Actuarial Science
• Successfully completed the Foundation & Intermediate Technical actuarial examinations (A1 & A2)
• Preferably also completed the Actuarial Risk Management exam (A3)
• 0-3 years’ experience in actuarial analytics role
• Ideally have experience in SQL and / or C#
• Solid interpersonal skills to work effectively alongside a variety of different stakeholders e6.1o