Discovery Limited Is Hiring: Pricing Analyst – South Africa

Key Purpose of the role

To manage New Business quotes and queries, within time lines and to support the profitability of the book. To support the benefit enhancements on the existing book and to provide endorsements for new business that is onboarding.

Areas of responsibility may include but not limited to

The successful applicant will be responsible for but not limited to the following job functions:

Risk Assessment & analysis for quote with <=400 members with an API of less R2M.

Processing of Group Risk & Retirement Business quotes

New Business

Existing Business Audit

Renewal Analysis

Processing and issuing quotes within SLA

Suggest Rates band FCLs to the Team Leader for approval

Risk Rates review analysis for Team Leader decision making

Quality Processing and analysis of small scheme profile as per Actuarial Policy

Risk Assessment and analysis of scheme profile as per SOP

Conform to SLA agreements with relevant stakeholders

Provide quality service to BCs and SCs

Respond to and resolve queries from various stake holders

Training of Junior Pricing Analyst

Liaise with Reinsurers for facultative quotes on scheme outside our treaties

ESQS Training MA/BC/SC on loading quote requests

Workflow SLA Reports and General Reporting

ESQS General Report generation

System Development Testing, in QA and Production

Run all special projects as allocated by the Pricing Manager

Personal Attributes and Skills     

The successful candidate must demonstrate the following competencies:

Highly analytical

Delivering Results and Meeting Customer Expectations

Planning & Organizing

Speed and accuracy

Competent and reliable

Willingness to learn and give ideas

Good communication skills

Candidate needs to be a Self-Starter

Deadline Driven

Service orientated

Education and Experience

Matric with Maths (essential)

Must have passed a major Mathematics or Statistics course at first year level at Tertiary

Maths or Actuarial degree would be advantageous but not essential

Statistical knowledge advantageous.

A qualification in the insurance industry advantageous.

2 year experience in Group Risk Pricing and data analysis.

Computer literate: Microsoft Office: Word, Excel and Outlook

Advanced Excel skills

Keen knowledge of the insurance industry. Trends, new developments and other underwriter’s objectives (Advantageous)


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