ACTUARIAL GRADUATE - JOHANNESBURG Post Date:
06/09/2010 Hours: Full Time Job Location:
Gauteng, Johannesburg, South Africa
Salary: Market related basic + pens, med, & study assistance.
Job Title: GI PRICING - GRADUATE / PART QUALIFIED - WESSEX
Description
First class graduates and partly qualified general insurance pricing candidates are welcome to forward their CVs
Key responsibilities:
Contribute to and work within
the parameters of the agreed business plan for Pricing.
Contribute to and work within
agreed processes in order to deliver the business plan in line with the Pricing
policy.
Deliver against agreed
objectives, Key Performance Indicators and Service Level Agreements in order to
carry out responsibilities and meet agreed service and performance targets.
Produce pricing models and
provide statistical analysis to facilitate, support and test recommendations
for pricing action based on the results.
Calculate and model performance
statistics and loss ratios for all parts of the account, and in aggregate,
including scenario testing for potential pricing actions.
Provide input into the monthly
Business Performance Review Meeting.
Liaise with actuaries,
underwriters, external partners and others in relation to provision of
information for contractual and / or regulatory purposes.
Keep specialist knowledge
updated.
Key skills:
0-2 years experience working
within statistics and pricing in an insurance environment.
Understanding of personal
insurance products.
Understanding of the role of
pricing, statistics and modelling in an insurance environment.
Good level of education with
mathematical and statistical qualifications and experience
.
Good understanding and experience of using relevant IT
and technical statistical insurance packages.
