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)
CLOSING DATE: NOT SPECIFIED