
Full Description:
Our client is a growing, fast-paced and dynamic company that provides innovative risk assurance products to individual clients. They are looking for a Pricing Analyst to join their Short-term Insurance Pricing team. The key purpose of the role is to assist in the pricing of the company’s products.
Candidates who are interested should have at least 2 years of relevant experience with intermediate VBA and SQL programming skills.
Responsibilities will include:
- Assisting in conducting in-depth investigations and ad hoc analysis to support pricing decisions and business objectives.
- Supporting the creation and refinement of actuarial models to monitor business performance and support development initiatives.
- Contributing to the development and maintenance of lifetime value models and renewal strategies to maximise customer value and retention.
- Using predictive modelling techniques to segment the client base and identifying pricing opportunities under supervision.
- Ensuring that models are accurate and fit for purpose by regularly monitoring their performance and making necessary adjustments with guidance.
- Assisting in establishing and maintaining monitoring processes to measure model performance, ensuring accuracy and reliability in pricing decisions.
- Supporting the maintenance and updating of data processes, providing assistance and direction as needed.
- Assisting in the development and implementation of pricing strategies aligned with business objectives, ensuring competitiveness and profitability.
- Processing the renewal and retentions monthly.
For more information, please contact Jurie ([email protected] or +27 (0)82 474 1298).