Actuarial Pricing Analyst (STI)

Overview Our client, a well established insurance and financial services provider based in George in the Western Cape, is seeking a skilled Pricing Analyst to join their team on a permanent basis. The successful candidate will play a central role in developing, monitoring and refining pricing models that support profitable growth across the business. This is an on-site position and relocation to George is required. Key Responsibilities • Develop, maintain and refine pricing models for a range of insurance products. • Analyse large data sets to identify pricing trends, risk drivers and areas of opportunity. • Monitor portfolio performance and recommend pricing adjustments where required. • Conduct rate reviews and assess the impact of proposed pricing changes on volume and profitability. • Build and maintain reporting dashboards that track key pricing and performance metrics. • Work closely with actuarial, underwriting, product and marketing teams to align pricing with business objectives. • Perform competitor and market analysis to benchmark pricing positioning. • Test and validate pricing structures prior to implementation, and support post implementation reviews. • Translate complex technical findings into clear recommendations for non technical stakeholders. • Support the implementation of pricing changes on internal systems and verify accuracy. • Assist with scenario modelling, sensitivity analysis and profitability forecasting. • Ensure all pricing activity complies with relevant regulatory and internal governance requirements. • Document pricing methodologies, assumptions and model changes. • Contribute to continuous improvement of pricing tools, processes and data quality. Requirements • Relevant tertiary qualification in actuarial science, statistics, mathematics, data science, economics or a similar quantitative field. • Proven experience in pricing analysis, preferably within insurance or financial services. • Strong analytical and statistical modelling skills, with the ability to work confidently with large data sets. • Proficiency in data analysis and reporting tools such as SQL, Excel, Python or R. • Sound commercial understanding and the ability to link technical analysis to business outcomes. • Excellent communication skills and the ability to present findings to a range of stakeholders. • Willingness to relocate to George in the Western Cape. • Able to work on-site, as this is non-negotiable. • Preference will be given to Employment Equity candidates, specifically Coloured, African and Indian male candidates. Applications from candidates outside this requirement will only be considered once all other avenues have been exhausted. Benefits and Compensation Our client is offering a salary of R 45 000 to R 80 000 per month, structured as a cost to company package of up to R 75 000 per month. • Medical aid contribution of R 1 000 per month. • Retirement annuity contribution of R 1 000 per month. • Yearly performance bonus. • Third year loyalty bonus. • Long service awards and rewards in five year increments. • 15 annual leave days. • Annual salary reviews.