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Pricing Actuary

Remote · South Africa Full-time

Location: On-site, Hybrid, or 100% Remote Employment Type: Full-Time Compensation: $100K–$200K+ (based on experience and credentialing) About The Opportunity We're partnering with one of our best and fastest-growing clients — a well-established Property & Casualty insurance organization with three decades of underwriting expertise — to find a talented Pricing Actuary to join their Product & Pricing team. This is a fantastic opportunity to join a company that values innovation and data-driven decision-making, working directly with underwriting and business leaders to shape pricing strategy across a growing portfolio. The successful candidate will transform decades of underwriting data and institutional knowledge into advanced pricing frameworks, predictive analytics, and decision-support tools — driving risk segmentation, profitability, and competitive positioning.

What You'll Do

Data Analysis & Pricing Strategy Analyze historical pricing data, market trends, and competitive strategies to recommend optimal pricing approaches using mathematics, probability, statistics, and financial expertise Develop and implement pricing models and methodologies to maximize profitability and market share Conduct pricing simulations and sensitivity analyses to evaluate business impact Develop marketplace-appropriate assumptions Analyze claims data using existing SQL queries and build new ones as needed Support quantitative projects involving claims and/or financial modeling Market Research & Competitive Analysis Identify market opportunities, threats, and trends in transactional underwriting and predictive analytics Gather and analyze data from multiple sources to inform pricing decisions Prepare competitive intelligence reports and presentations for internal stakeholders Performance & Reporting Develop pricing performance metrics, including price optimization, margin analysis, and price realization Prepare reports and presentations on pricing trends, profitability, and KPIs for leadership and market partners Produce prospective expected loss ratio (ELR) estimates by state Identify improvement opportunities and provide data-driven recommendations Cross-Functional Collaboration Partner with sales, marketing, finance, and product teams to align pricing with business objectives Support sales teams with pricing proposals, deal analysis, and customer negotiations Contribute to cross-functional projects that enhance pricing capabilities Process Improvement Identify opportunities to streamline pricing processes and improve data accuracy Collaborate with IT and operations on pricing tools, systems, and automation Develop and document pricing policies, procedures, and best practices What You Bring Bachelor's degree in Finance, Economics, Business Administration, Mathematics, or a related field Actuarial designation required 5+ years of property/casualty actuarial experience, including rate adequacy and claims data analysis Property & Casualty lines experience required; Commercial E&S Property and General Liability experience a plus Catastrophe modeling experience a plus ACAS or FCAS membership a plus but not required Strong Excel/data analysis tool proficiency SQL, R, or similar programming experience preferred Skilled in building presentation-ready exhibits Strong grasp of standard P&C actuarial pricing methods and concepts Excellent verbal and written communication skills Compensation: $100K–$150K for mid-level candidates (3–5 years); $150K–$200K for senior/credentialed candidates (5+ years)

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