Non-Life Actuarial Analyst (Pricing & Solvency)
|Location||Recruitment Agency / Vacancy in SA. Johannesburg|
|Salary||R650k – R500K|
|Education||BSc Actuarial Science (Hons) + CT’s|
One of the leading Financial Institutions is seeking an accomplished actuary. With exceptional exposure and career progression, some of the duties of the successful candidate will include: Building pricing models which incorporate expected attritional losses, large losses, cat losses, expenses, profit, and cost of capital. This work will be applied in the pricing tools made available by the Group. Develop and/or evaluate market benchmarks, exposure curves, and patterns through data provided by individual presentations by brokers /clients, data and by accessing market claims data in South Africa. This is in addition to the information on underwriting experience in Omega. Using existing and currently developed tools, develop and monitor UW Cycles and Primary Rates Maintain a measure of market pricing trends, including development of guidelines that ensure data quality. Provide input and analysis into the planning process in such areas (but not limited to) historic price adequacy, future loss ratio estimation, and expected profitability. Monitoring of the reserves is an area that complements the planning and portfolio analysis. Continually review the profitability of the portfolio, incorporating considerations such as rate levels, inflationary effects, class of business mix (LOB/SOB/TOP).
Should you meet the requirements for this position, please email your CV to firstname.lastname@example.org or fax to 086 572 8877. You can also contact Summeya on 031 350 4405.
Correspondence will only be conducted with short listed candidates. Should you not hear from us within 3 days, please consider your application unsuccessful.
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