Actuarial Manager â?? Lead Pricing Strategy & Inno

Our client is seeking a fully qualified Actuary to lead their pricing function, elevate actuarial capability, and develop market-leading pricing methodologies for a diverse suite of insurance and value-added products. This role blends technical excellence, leadership, and commercial strategy perfect for an Actuary who enjoys driving profitability and influencing product direction.

As the Actuarial Manager, you will:

• Lead the development, enhancement and governance of pricing models across multiple product lines.
• Drive competitive pricing strategies using GLM, predictive models, data analytics and actuarial techniques.
• Oversee peer reviews, ensure pricing soundness, and track product performance, profitability and loss ratios.
• Partner cross-functionally with Sales, CVM, Analytics, Marketing, and Product to influence the go-to-market strategy.
• Implement new pricing methodologies, embed emerging technologies/AI in pricing tools, and guide in-house software development.
• Mentor and lead a skilled actuarial team, fostering a culture of performance, accountability and innovation.

Key Responsibilities:

• Drive competitive pricing strategies and maintain pricing methodologies and models.
• Analyse product profitability, cost structures, loss ratios and provide actionable insights.
• Implement predictive analytics and emerging tech into pricing tools and processes.
• Lead, coach and develop a high-performing actuarial pricing team.

Job Experience and Skills Required:

• Education:
  • BSc Actuarial Science / Actuarial Mathematics / Statistics (NQF 7 minimum).
  • Fully qualified Fellow Actuary (non-negotiable).
  • Honours Degree preferred (NQF 8).
• Experience:
  • Minimum 5 years actuarial/pricing experience in short-term insurance or automotive value-add products.
  • Proven leadership/people management experience.
  • Strong experience in pricing, financial modelling, GLMs and predictive modelling.
  • Exposure to short-term insurance regulatory frameworks and governance standards.
• Skills:
  • Advanced technical ability in pricing software, actuarial modelling, and predictive modelling tools.
  • Strong analytical problem-solving capability and commercial insight.
  • Excellent communication and stakeholder-management skills.
  • Technically savvy with experience using emerging analytics tech, AI, and automation in pricing.
• Non-negotiables:
  • Fully qualified Actuary (Fellow).
  • Proven leadership experience.
  • Solid technical pricing and modelling expertise.

Apply now!

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