Monday , May 20 2024

OUTsurance Jobs – Personal Lines Pricing Actuarial Analyst

Website OUTsurance

Job Description:

At OUTsurance we pride ourselves in building sophisticated rating models. We are passionate about data and making use of a variety of actuarial techniques to price various risks which includes building, contents, all risk, vehicle, motorcycle, trailer, caravan and watercraft insurance. More recently we have also added pet insurance to our product offering. We are an enthusiastic and goal driven team who are always on the lookout for new and innovative products to offer our clients.

Job Responsibilities:

  • Using statistical models to find appropriate solutions for business problems across company
  • Understanding the different data sources and the value of the input data provided
  • Monitoring loss ratios and key performance indicators to identify opportunities to improve pricing models and / or product design features
  • Presenting results to senior management and other stakeholders
  • Develop and design new products to enhance product offering to clients
  • Building pricing models using actuarial pricing techniques which includes data preparation, risk factor identification and applying different modelling techniques including Generalised Linear Models
  • Analysing data to be able to provide insights to business problems across company
  • Implementing new pricing models which includes system implementation and documentation of modelling process

Job Requirements:

  • Enjoy finding unique solutions to problems and implementing these solutions
  • Must have a passion for working with numbers and analysing data
  • Apply attention to detail
  • Be able to communicate effectively with a wide variety of stakeholders
  • Preferably also completedthe Actuarial Risk Management exam (A3)
  • Solid interpersonal skills to work effectively alongside a variety of different stakeholders
  • Successfully completed the Foundation & Intermediate Technical actuarial examinations (A1 & A2)
  • Good academic track record
  • Must be a self-starter who can successfully manage a number of different tasks simultaneously
  • Should have a strong affinity towards coding and designing robust solutions

Qualification & Experience:

  • Ideally have experience in SQL and / or C#
  • 0-3 years’ experience in actuarial analytics role
  • Honours Degree in Actuarial Science

Job Details:

Company: OUTsurance

Vacancy Type: Full Time

Job Location: Centurion, Gauteng, SA

Application Deadline: N/A

Apply Here