Overview
Senior Pricing Actuarial Analyst Jobs in Roodepoort, South Africa at Standard Bank of South Africa Limited
Business Segment: Insurance & Asset Management
Location: ZA, GP, Roodepoort, 4 Ellis Street
Job Responsibilities
To take lead of technical, retail and expense modelling. Maintaining, developing, and implementing market leading pricing models.
Support development of new and innovative products and models.
To assist with setting up of monitoring framework.
To take lead of policy admin system (PAS) pricing requirements implementation.
Supporting management to ensure profitability and objectives are met.
Qualifications
Type of Qualification:
3-year BSc, 4-year B Bus Sc or BCom with actuarial majors
Honours is an advantage
Member of Actuarial Society of South Africa /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 have high level of integrity, professionalism, and trustworthiness.
Self-motivated.
Pro-active.
Specialist actuarial software package skills.
SAS statistical package (preferred), Emblem, Radar, Earnix.
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Title: Senior Pricing Actuarial Analyst
Company: Standard Bank of South Africa Limited
Location: Roodepoort, South Africa
Category: Insurance (Risk Manager/Analyst, Actuary), Finance & Banking (Risk Manager/Analyst, Actuary)
