Overview
Senior Pricing Analyst – Commercial MMH Jobs in Centurion, South Africa at Momentum
Position: Senior Pricing Analyst – Commercial MMH260312-1
This role is responsible for developing and managing pricing strategies and risk models for both new and existing commercial short-term insurance business. The incumbent will ensure pricing supports portfolio profitability, sustainability, and growth. A key aspect of the role includes translating complex actuarial concepts into clear, client-friendly language and supporting the development and enhancement of commercial insurance products.
Requirements & Experience & Qualifications
- Bachelor’s degree in Actuarial Science, Statistics, Business Science, or Business Mathematics.
- Minimum of 4 years’ experience in the short term insurance industry within:
- Exposure to commercial short term insurance is advantageous.
- Demonstrated expertise in advanced pricing and product development is an added advantage.
Duties and Responsibilities Pricing & Modelling
- Develop, maintain, and enhance market leading commercial short term insurance pricing models.
- Identify and incorporate data improvements and rating factor enhancements into pricing models.
- Monitor model performance against actual experience and proactively address identified weaknesses.
- Implement pricing strategies for new and existing business to support growth and profitability objectives.
Product Development & Governance
- Support the development of innovative commercial insurance products and maintain existing product sets.
- Ensure strong governance is applied to all pricing development, model changes, and deployment processes.
Business Support
- Provide data driven insights and analytical support to business stakeholders.
- Communicate complex actuarial and pricing concepts clearly to non technical audiences.
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Title: Senior Pricing Analyst – Commercial MMH
Company: Momentum
Location: Centurion, South Africa
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