Actuarial Pricing Analyst - Sandton Verfied

Salary Negotiable Sandton, Gauteng Sandton, Gauteng more than 14 days ago 29-06-2020 11:13:25 AM
24-08-2020 11:13:25 AM
Actuarial – Pricing Analyst
Johannesburg

The incumbent will combine analytical prowess, in depth underwriting acumen and communication skills to influence and direct business activity.

General
• Provide pricing services with minimal supervision by a more experienced team member
• Perform analyses as assigned under the supervision of a more experienced team member
• Gain and demonstrate increasing mastery of relevant pricing disciplines and procedures
• Actively pursue actuarial qualification and achieve regular progress in exams

Pricing specific

• Run, check and maintain monthly data builds as input to various analyses using SAS
• Help maintain and develop rating tools, templates and rules engines, including testing of new pricing bases deployed
• Analyse and report on various price monitoring aspects, e.g. loss ratios, rate changes, price strength ratios, quote success ratios, claims process, etc.
• Take part in pricing projects, i.e. learn to build, calibrate and fit GLM pricing models
• Produce analyses and reports informing renewal targets and processes
• Develop and expose new data sources
• Develop and publish dashboards

Business Support Ad Hoc

• Perform claims analytics and reports
• Perform data analytics and/or reinsurance analyses
• Analyse operational data to inform decisions and behaviours
• Analyse economic indicators for trends and set assumptions
• Develop and help productionalise new data sources
• Resolve pricing related queries from business

Qualifications, Experience, Knowledge and Skills

• University degree in Actuarial Science or a related field.
• Evidence significant exam progress towards qualifying as an actuary
• Proficiency in English
• Effective intermediate oral and written communication, interpersonal skills (Report writing and presentation experience an advantage)
• Ability to extract and summarise data (strong SAS skills and experience, Advanced certificate an advantage)
• Ability to program (VBA experience advantageous, Python is attractive)
• Understanding of Business Intelligence principles (ETL and reporting concepts)
• Understanding of Actuarial database/cube
• Analytical ability (Pricing specific an advantage)
• Statistical modelling experience (Actuarial pricing specific an advantage)
• Project management experience and advantage
• Short term insurance specific work experience advantageous
• Able to meet deadlines and work under pressure
• Client focussed and delivery orientated