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Actuarial Manager/Senior Manager

Job Description - Actuarial Manager/Senior Manager

  • Lead
    the development and implementation of pricing policy, strategies and
    models, ensuring they are competitive, profitable and responsive to
    internal and external changes.

  • Lead
    the pricing for Government business, including tenders.

  • Collaborate
    with the reserving team to integrate reserving analysis into pricing
    decisions and ensure alignment with the company’s risk appetite.

  • Work
    closely with the underwriting and product development teams to design
    pricing structures that support product innovation and market expansion.

  • Analyse
    market trends and competitor pricing to ensure Kshema’s pricing strategy
    remains competitive and responsive to market dynamics.

  • Ensure
    compliance with regulatory requirements and internal policies in pricing
    process.

  • Lead,
    mentor, and develop the pricing team, fostering a culture of innovation,
    continuous improvement and professional growth.

  • Work
    closely with data scientists to utilise spatiotemporal data and build
    granular and dynamic pricing algorithms.

  • Communicate
    complex pricing concepts and strategies to non-technical stakeholders,
    including senior management and board members.

  • Implement
    new pricing tools, controls and risk management in the pricing function.


Requirements

  • 5+ year of experience in
    general insurance pricing or portfolio management, including experience in a
    leadership role.

  • Deep understanding of
    actuarial principles, underwriting, regulatory environment, and product
    development processes

  • Strong leadership skills
    with experience managing a team and multiple priorities.

  • Keen interest in use of
    emerging technologies like GPTs, Power Platforms etc. in day-to-day work and
    pricing models.

  • Proficiency in data analysis
    and open-source coding languages like VBA, SQL & Python.

  • Strong analytical and
    problem-solving skills, with the ability to interpret complex data to make
    informed decisions.

  • Excellent communication and
    interpersonal skills.



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