Boardroom Appointments
1 year ago
Head: Non-Life Pricing & Structuring
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Company information
- Company
- Boardroom Appointments
- Location
- South Africa, Gauteng, Johannesburg, North Johannesburg, Sandton South Africa
- Posted
- 1 year ago
Job description
Head: Non-Life Pricing & StructuringRole and Responsibilities
- Provide strategic leadership to the Non-Life Pricing & Structuring (Cell Captive) team, ensuring alignment with broader business objectives.
- Take accountability for all product development, pricing frameworks, and structuring initiatives across the CRS and VUMA portfolios.
- Review, approve, and sign off on pricing models for new and existing products, ensuring compliance with regulatory, professional, and internal governance standards.
- Lead rate reviews and re-pricing exercises for the existing product suite to maintain technical soundness and market competitiveness.
- Oversee the assessment and approval of new product offerings, ensuring they are commercially viable and compliant.
- Partner with internal teams to structure new deals providing actuarial input on optimal underwriting and capital structuring solutions tailored to client needs.
- Support clients in the design and development of bespoke products, with a focus on innovation, profitability, and sustainability.
- Manage financial performance reporting, including monitoring product profitability and adherence to best-practice actuarial standards.
- Act as a senior technical advisor to both clients and internal stakeholders, translating complex actuarial insights into actionable business decisions.
- Qualified or nearly qualified actuary (FASSA or equivalent international designation).
- Successful completion of F103 (General Insurance Principles) or equivalent short-term insurance exam.
- Bachelors or Honours degree in Actuarial Science, Mathematics, Statistics, or a related field (NQF Level 7+).
- Minimum of 5-8 years experience in the non-life (short-term) insurance industry.
- Strong working knowledge of actuarial pricing techniques and product structuring principles.
- Exposure to the SAM capital regime.
- Exceptional analytical thinking and lateral problem-solving capabilities.
- Comfortable working with diverse actuarial models and approaches.
- Ability to work accurately under pressure, manage multiple priorities, and meet tight deadlines.
- Proven leadership experience with the ability to lead and mentor a high-performing technical team.
- Excellent written and verbal communication skills, with the ability to explain technical concepts to non-technical stakeholders.
- Strong interpersonal and stakeholder engagement skills, with the ability to build trusted internal and external relationships.
- Self-starter with the ability to take initiative, adapt to change, and operate with minimal supervision.
- Collaborative mindset with a willingness to work across functions and with diverse teams.
- Innovative thinker with a strategic and commercial orientation.
- Strong organisational skills and the ability to deliver structured, well-documented work outputs.
- Ability to network and consult across all levels of the organisation and with clients on technical structuring matters.
Required skills
- initiative
- communication
- interpersonal skills
- leadership
- organisational skills
- innovation
- adaptability
- networking
- stakeholder engagement
- strategic thinking
- analytical thinking
- consultation
- non-life insurance
- short-term insurance
- actuary
- commercial orientation
- actuarial standards
- fassa
- f103
- general insurance principles
- sam capital regime
- pricing techniques
- product structuring principles
- lateral problem-solving
- actuarial models
- technical structuring
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