Actuarial Manager

Job DescriptionTo manage complex analyses and guiding both junior and senior team members, while maintaining proficiency across various fields. Ensure alignment with strategic objectives by consulting on broader business matters, managing intricate processes, and proposing and implementing diverse work streams. Deliver presentations to the board committee, regulators, and executive committee to support business goals.Hello, future Actuarial Manager (Short-Term Insurance Pricing)Role purposeTo manage a Short-Term Insurance pricing team and ensure effective end to end delivery of pricing solutions related to specific products or services. This position is ideal for candidates with relevant actuarial experience who are ready to enhance FNB Short Term Insurance’s pricing techniques and contribute to strategic pricing initiatives.Key responsibilities:Contribute to and influence Pricing strategies and budget goals across allocated Pricing Function through the provision of quantitative analytical insight in delivery of business strategyDisplay and encourage an appreciation of teamwork and inclusivityDevelop, encourage and nurture collaborative relationships across area of specialisationManage team performance in achievement of business objectivesParticipate in planned activities that are appropriate for own and employee developmentManages risks in own area of responsibilityEnsure development and continuous value add improvement to operational processesBuild working relationships across teams and functional lines to enhance work delivery, collaboration and innovationDeliver customer experience excellence in own service delivery aligned to Organisational values and service standardsAssess and manage pricing projects, provide advice and report on progress in terms of cost and benefit realisationAttend to and resolve pricing queries and refunds as and when required sServe as subject matter expert (SME) and communicate pricing proposals based on data analysis to relevant pricing forums for approvalOversee and review testing and provide required sign offOversee pricing across the value chain and within area of responsibility in delivery against business strategyDrive the implementation and adoption of the Pricing strategy within area of accountabilityOversee all Short-Term Insurance product pricing with emphasise on personal linesApply a range of pricing techniques from simple portfolio pricing to complex GLM'sResponsible for the entire actuarial control cycle, Pricing approval, implementation, monitoring and enhancementsCandidate will be involved in a range of functions across the business beyond pure pricing including claims analytics and initiatives to help growth initiatives.Qualifications and ExperienceBSc degree in Actuarial ScienceNearly Qualified Actuary (completed all core actuarial exams and actively working toward Fellowship)A minimum of 9 years relevant Actuarial work experience of which at least 5 years in a Pricing or actuarial team within Short Term InsuranceStrong analytical and problem-solving skills, with meticulous attention to detail and the ability to handle complex datasetsProficiency in Microsoft Excel, and familiarity with actuarial software (e.g., SQL, SAS, Python, R, Power BI, Emblem, Radar or other GLM software)Experience with data visualisation tools will be advantageousEffective written and verbal communication skills, with the ability to present technical findings to non-technical audiencesProven ability to work independently and collaboratively in a diverse, cross-functional team environment#Post#FNB#LI-AR2 Important Closing Date NoteTake note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.18/11/26All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.