Senior Pricing Analyst – Personal Lines – 16 June

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Closing Date	2026/06/17
Reference Number	MMH260508-2
Job Title	Senior Pricing Analyst – Personal Lines
Position Type	Permanent
Role Family	Actuarial
Cluster	Momentum Insure Company Limited
Remote Opportunity	Some of the time
Location – Country	South Africa
Location – Province	Gauteng
Location – Town / City	Centurion

Introduction
Momentum Group Limited (Momentum Group) is a significant player in South Africa’s life insurance and integrated financial services sectors. We are a proud Level 1 B-BBEE South African-based group dedicated to building and protecting our clients’ financial dreams. Our client-facing retail and specialist brands, including renowned names such as Momentum, Metropolitan, Guardrisk, and Eris Properties, play a pivotal role in fulfilling this purpose.

Our federated model emphasises empowerment, accountability, and continuous engagement with all our stakeholders. Designed in close consultation with leaders across the group, this operating model aims to unleash each business unit’s inherent energy and commercial drive through our collaborative federated approach. Visit us at www.momentumgroupltd.co.za.

Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.
Role Purpose
This role is responsible for developing and managing pricing strategies and risk models for both new and existing personal Short-term Insurance business. The incumbent will ensure pricing supports portfolio profitability, sustainability, and growth. A key aspect of the role includes translating complex actuarial concepts into clear, client-friendly language and supporting the development and enhancement of personal insurance products. The area is a high-pressure environment, and the successful candidate must be able to produce high quality work while ensuring that tight deadlines are met.

Requirements
Experience and Qualifications

A Bachelor’s degree in Actuarial Science, Statistics, Business Sciences or Business Mathematics
Minimum 3 years of actuarial modeling and pricing expertise within Short-term Insurance
Duties & Responsibilities
Key Responsibilities

Pricing & Modelling

Develop, maintain, and enhance market-leading personal Short-term Insurance pricing models.
Identify and incorporate data improvements and rating factor enhancements into pricing models.
Monitor model performance against actual experience and proactively address identified weaknesses.
Implement pricing strategies for new and existing business to support growth and profitability objectives.
Product Development & Governance

Support the development of innovative personal insurance products and maintain existing product sets.
Ensure strong governance is applied to all pricing development, model changes, and deployment processes.
Business Support

Provide data-driven insights and analytical support to business stakeholders.
Communicate complex actuarial and pricing concepts clearly to non-technical audiences.
Participate in the evaluation and review of new proposed processes and systems.
Demonstrate increasing knowledge of relevant actuarial disciplines and procedures and apply this knowledge to achieve business objectives.
Work with actuarial colleagues to continue to develop understanding of company operations, business objectives, and actuarial methodologies.
Assist in training less experienced actuarial personnel.
Demonstrate consistent progress toward a local actuarial qualification.
Competencies
Problem-solving
Producing innovative solutions to problems
Effective communication (written and verbal)
Accountability
Good interpersonal skills
Proficient in managing priorities
Exceptional analytical and technical skills
Knowledge required:

Actuarial modelling principles and methodologies
Statistical analysis and predictive modelling techniques
Short-term Insurance pricing and product development knowledge

Click here to apply

We wish you all the best with your applications