Pricing Manager

SUMMARY:
Our client is seeking an experienced Pricing Manager to lead and manage one of their actuarial general insurance pricing teams. This role is responsible for overseeing the technical price certification across various business segments and monitoring key performance indicators (KPIs) once pricing is in production. As a Pricing Manager, you will report to the Chief Pricing Actuary and work closely with other pricing managers to optimize the underwriting performance across specialist, commercial, and personal market segments.

POSITION INFO:
Pricing Manager (Actuarial)
Gauteng, South Africa (On-site Role)
Job Type: Permanent, Full-Time

Key Responsibilities:

• Stakeholder Management:
  • Manage stakeholder expectations and build collaborative relationships.
  • Provide professional actuarial support and advice to the business.
  • Analyze and interpret pricing monitoring results, sharing insights with product and underwriting teams.
  • Participate in portfolio management and assess performance against KPIs.
• Team Management:
  • Plan, prioritize, and manage your team’s work within the SLA and capacity.
  • Ensure the development and maintenance of new and existing data sources.
  • Create and manage price monitoring reports.
  • Recruit, train, and develop staff, managing performance and providing leadership.
• Technical Proficiency:
  • Proficient in Microsoft Office (especially PowerPoint and VBA automation).
  • Expertise in SAS, SQL, and QlikView (experience reconciling administration and claims data to financials is a plus).
  • Experience with pricing modelling software (e.g., WTW, Earnix, Quantee) and optimization.
  • In-depth knowledge of GI actuarial pricing concepts such as large account pricing, GLM modelling, segmentation, and premium/loss ratio walks.
• Modeling & Data Management:
  • Maintain modeling minimum standards and promote best practices within your team.
  • Manage pricing basis review projects, ensuring milestones are met.

• A 3-year Actuarial Science Degree.
• Significant progress with actuarial exams.
• Minimum of 4 years of general insurance (GI) pricing experience.
• Proven experience providing actuarial advice to senior management.
• Skilled in prioritizing, resourcing, and planning.
• Ability to collaborate across functions and influence beyond your team.