Job Description

About the job Head: Non-Life Pricing & Structuring
Head: Non-Life Pricing & Structuring
Role 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.
Qualifications and Skills
Educational Background
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+).
Technical Expertise
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.
Analytical & Problem-Solving Skills
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.
Leadership & Communication
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.
Collaboration & Innovation
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.