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 treatiesMaintenance and development of Santam Re pricing toolsResearch and development of reinsurance portfolio optimisationDevelop a detailed understanding of Santam Group, Santam Re and New Re underwriting guidelines.Review pricing assumptions and output produced by underwriting teamReview slip checks and underwriting guideline checks performed by underwritersWork with reserving team to determine profitability by business segment on a quarterly basisVisit 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 & ExperienceQualified Actuary is preferred otherwise close to qualificationA minimum of 3 years’ experience in reinsurance pricing (preferably 5 years)SkillsUnderstanding of how risk is shared between insurer and reinsurer on various types ofreinsurance contracts is critical.Strong analytical and problem-solving skills, with proficiency in mathematical/statisticaltechniques and software tools (e.g., Excel, Access, VB, SQL). Ability to collate statistical dataanalytics.Knowledge of actuarial principles, insurance/reinsurance concepts, and risk managementframeworks.Prior experience in reinsurance actuarial workStrong 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 theworkload and the clients – strong planning and organising skillsCultivates 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 sharedobjectives.Flexible and Adaptable (Being Resilient) - Rebounding from setbacks and adversity when facingdifficult situations.Problem Solving Recognized as an expert problem-solver and troubleshooter. Decisionssupported by sound judgment and proven results.Risk Management - Demonstrates the uppermost levels of expertise in risk management inchallenging 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 volatileenvironments in order to achieve results.#J-18808-Ljbffr