Skip to main content

This job has expired

Pricing Manager

Employer
Primeserv Recruitment
Location
Boksburg Boksburg Ekurhuleni, South Africa
Salary
Competitive
Closing date
Oct 9, 2024
View more categoriesView less categories
Job Role
Commercial Finance Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Reference: JHB000092-VMC-1Our Corporate Client is an exceptional, premier commercial risk specialist in Africa who enables better risk decision across the continent is seeking an accomplished Pricing Manager who will have the overall responsibility for managing one of the actuarial general insurance pricing teams based in Johannesburg.
The Role:
The Pricing Manager has the overall responsibility for managing one of the actuarial general insurance pricing teams. These pricing teams share responsibility for technical price certification across all the Client's Insurance business segments and lines. They monitor and track key performance indicators on pricing once in production. This role reports into the Chief Pricing Actuary. The successful Candidate will work closely with peer pricing managers to manage the underwriting performance of various lines of business across specialist, commercial and personal market segments.
Key Tasks & Accountabilities
External:

Manage stakeholder expectations and foster collaborative relations.
Constantly strive towards improving pricing insight relevance in the greater business.
Provide professional actuarial support and advice to the business.
Analyse and interpret pricing monitoring results and communicate conclusions to product and underwriting teams.
Support and participate in portfolio management and performance assessment against KPIs.
Collaborate and coordinate efforts with the managers of product & underwriting, reinsurance, capital, reserving, finance, claims, policy administration, management information, various IT functions.

Internal:

Plan, prioritise and manage your team's work within SLA and capacity.
Manage pricing basis review projects within agreed milestone delivery dates.
Ensure new and existing data sources are developed and maintained.
Create, maintain and constantly improve price monitoring reports.
Maintain modelling minimum standards and drive your team and processes towards best practice.
Recruit new staff and ensure their systematic training and development.
Manage performance and take corrective action when required.
Provide appropriate leadership to staff and reinforce company culture.

Technical Proficiency:

Computer Literacy
Accomplished Microsoft Office user, effective PowerPoint presenter and able to automate using VBA
Accomplished SAS (preferable), SQL and Qlikview (and advantage) user, with proven ability to reconcile administration and claims transaction data to financials
Accomplished pricing modelling software user, e.g., WTW, Earnix, Quantee, etc. (with optimising experience an advantage).
Accomplished GI actuarial pricing specialist with in-depth familiarity with concepts, such as: Large Account Pricing, GLM modelling, Segmentation, Rate and Exposure Change, Premium and Loss Ratio Walks, Inflation and Frequency assumption setting, etc.
Office and project management experience
Familiar with GI pricing and portfolio management best practice an advantage.

Qualification(s):

3 Year Actuarial Science Degree
Significant progress with actuarial exams
Other relevant qualifications, courses and training

Work Experience:

At least 4 years GI insurance pricing experience
Experience in other actuarial functions, e.g. Capital and Reserving an advantage
Experience of providing actuarial advice to senior management.
Experience at prioritizing, resourcing and planning.
Ability to manage diverse work portfolio and team.
Demonstrate ability to collaborate effectively across functions and influence outside of own function.

Skills:

Time Management & Prioritising
Planning, delegating and tracking work
Organising and coordination
Information driven decision taking
Able manage expectations and change

Personal Qualities:

Motivator, influencer and thought leader
Accomplished communicator, a great listener
Earnest collaborator, with best practice bias
Prolific solution and synergy coordinator
Efficient at delivery, while maintaining high quality
Control cycle proponent, an accomplished process improver
Decisive and assertive caretaker

Additional Information

Your application will only be considered should you meet the minimum requirements of the vacancy.
If you have not received a response within 14 days from the closing date, please consider your application unsuccessful.
The company reserves the right not to fill this position.

Get job alerts

Create a job alert and receive personalized job recommendations straight to your inbox.

Create alert