Press Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Create Alert Santam is looking for a passionate and energetic individual for a position as Senior Pricing Actuary who will be based in Tygerpark, Bellville. This exciting opportunity is available within Santam RE: Underwriting. What will make you successful in this role? To assist in the management of reinsurance pricing activities. Reinsurance pricing is a key activity in underwriting of reinsurance treaties. Before any reinsurance treaties are accepted it must go through a vigorous pricing analysis. KEY ACCOUNTABILITIES: Ongoing training of interpretation of data&pricing principles. Pricing of Santam Re’s larger contracts and complicated reinsurance treaties Maintenance and development of Santam Re pricing tools Research and development of reinsurance portfolio optimisation Develop a detailed understanding of Santam Group, Santam Re and New Re underwriting guidelines. Review pricing assumptions and output produced by underwriting team Review slip checks and underwriting guideline checks performed by underwriters Work with reserving team to determine profitability by business segment on a quarterly basis Visit markets to form general underwriting and pricing views of the markets. Develop and maintain dashboards for underwriters and client relationship managers for market visits. Qualifications&Experience Qualified Actuary is preferred otherwise close to qualification A minimum of 3 years’ experience in reinsurance pricing (preferably 5 years) Skills Understanding of how risk is shared between insurer and reinsurer on various types of reinsurance contracts is critical. Strong analytical and problem-solving skills, with proficiency in mathematical/statistical techniques and software tools (e.g., Excel, Access, VB, SQL). Ability to collate statistical data analytics. Knowledge of actuarial principles, insurance/reinsurance concepts, and risk management frameworks. Prior experience in reinsurance actuarial work Strong written and verbal communication skills. Ability to build and maintain good internal and external relationships. Ability to conduct self in a professional manner at all times. High degree of self-management, displaying an organised and measured approach to the workload and the clients – strong planning and organising skills Cultivates Innovation - Creating new and better ways for the organisation to be successful. Client Focus - Building strong customer relationships and delivering customer-centric solutions. Drives Results - Consistently achieving results, even under tough circumstances. Collaborates - Building partnerships and working collaboratively with others to meet shared objectives. Flexible and Adaptable (Being Resilient) - Rebounding from setbacks and adversity when facing difficult situations. Problem Solving Recognized as an expert problem-solver and troubleshooter. Decisions supported by sound judgment and proven results. Risk Management - Demonstrates the uppermost levels of expertise in risk management in challenging and complex situations for critical problems affecting key operations. Business knowledge and analysis Extensive knowledge of the entire business. Negotiating - Capable of building trust and gaining commitment in hostile and volatile environments in order to achieve results. #J-18808-Ljbffr