Actuarial Pricing Manager
Cape Town
Close: 20 May 2020

Lead a team of talented and motivated professionals responsible for pricing and profit testing as well as reinsurance administration and management of the Retail Protection product range.
Report to the Head of Retail Protection: Product Development & Pricing within Product Solutions
The role will include a large element of management and overall responsibility for the output of a team.
Work closely with the Actuarial Managers for Product Development and Analytics, senior stakeholders in the Finance Community and IT Community, as well as the Chief Medical Officer, Chief Underwriter and Reinsurers.

• Define and execute the Pricing and Reinsurance Strategy for Retail Protection
• Profit testing and obtaining pricing sign off in line with the internal product approval guidance
• Provide strategic input into the implementation of new benefits, features, special offers and changes to rates
• Reviewing premiums on existing business
• Ownership of pricing models
• Reinsurance management, which includes:
­ assessing and defining reinsurance structures
­ assisting management with reinsurance partner selection
­ liaising with reinsurance partners
­ liaising with other functional areas on reinsurance matters and contractual work relating to reinsurance
• Implementation of pricing rates and structure onto IT systems
• Implementation of reinsurance structures and processes onto IT systems

Qualifications, Experience, Knowledge and Skills

• Qualified Actuary with at least 8+ years of actuarial experience
• Previous experience in Protection Product Development or Pricing
• Experience in valuation and pricing of protection products would be a distinct advantage.
• Experience leading a team would be a distinct advantage
• A passion for protection business
• Business acumen and negotiation skills
• Ability to successfully juggle several projects and priorities at once and deliver on time
• Strong sense of ownership
• A self-starter able to think on his/her feet
• Ability to influence stakeholders to achieve delivery
• Good interpersonal and communication skills lo