Non-Life Pricing and Structuring Lead | Sandton

The Recruitment Council

  • Sandton, Johannesburg
  • Permanent
  • Full-time
  • 17 days ago
Role: Non-Life Pricing and Structuring LeadCategory: ActuarialLocation: SandtonSalary: Market-RelatedAre you a highly skilled and strategic actuary with a passion for innovation in the non-life insurance space? A leading player in the insurance industry is seeking a Non-Life Pricing and Structuring Lead to lead our client's specialist Cell Captive team. This is an exciting opportunity to drive strategic leadership and technical excellence, playing a crucial role in developing cutting-edge solutions for their clients.Key Responsibilities:
  • Lead and mentor a high-performing technical team, providing strategic direction that aligns with broader business objectives.
  • Take full accountability for product development, pricing frameworks, and structuring initiatives for key portfolios.
  • Oversee the entire product lifecycle, from the initial assessment of new offerings for commercial viability to leading rate reviews and re-pricing exercises for existing products.
  • Work closely with internal teams to provide expert actuarial input on underwriting and capital structuring for new deals.
  • Act as a senior technical advisor to both clients and internal stakeholders, translating complex actuarial insights into clear, actionable business decisions.
  • Manage financial performance reporting, ensuring all products adhere to best-practice actuarial standards and remain profitable.
Experience and Qualifications:
  • Educational Background: A qualified or nearly qualified actuary (FASSA or equivalent) with a Bachelor's or Honours degree in Actuarial Science, Mathematics, Statistics, or a related field. Successful completion of F103 (General Insurance Principles) or an equivalent short-term insurance exam is required.
  • Experience: You should have a minimum of 5-8 years of experience in the non-life (short-term) insurance industry, with a strong working knowledge of actuarial pricing and product structuring principles. Experience with the SAM capital regime is also essential.
Key Skills:
  • Leadership: Proven ability to lead and mentor a technical team.
  • Analytical: Exceptional analytical and problem-solving skills, comfortable with diverse actuarial models.
  • Communication: Excellent communication skills to explain complex technical concepts to non-technical audiences.
  • Collaboration: A collaborative mindset, a self-starter attitude, and the ability to build strong relationships with stakeholders.
If you are a strategic and innovative actuary ready to take on a leadership role that directly impacts business growth and client solutions, we encourage you to apply.

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