Senior Pricing Specialist (Bellville) at Sanlam Group

The overall purpose of the role

• The purpose of this role is to review risk rates for existing clients taking any changes in risk profile, experience and other relevant information into account whilst targeting a specified profit margin and expense charge. The purpose of the role is also to be responsible for the growth and coaching of junior team members daily.

Key responsibilities

• Review risk rates for existing clients concerning group risk products, taking any changes in risk profile, experience and other relevant information into account whilst targeting a specified profit margin and expense charge.  
• Obtains and analyses relevant information, premiums and claims for a specified period to perform accurate rate calculation.
• Preparation and in-depth analysis and calculation of claims experience.
• Evaluate the risk and apply sound judgement to set the final rates, medical free cover limit and the relevant terms and conditions.
• Updating the systems with the latest revisions information.
• Drafting of scheme review letters to clients.
• Adhering to service and quality standards.
• Provide support to distribution channels and brokers with queries regarding existing business with Sanlam Group Risk.
• Provide excellent and professional after sales client service.
• Establishing and maintaining relationships with internal and external stakeholders.

Qualifications and experience

• Matric with Mathematics (minimum C symbol with regards to Mathematics – not Mathematics literacy)
• Tertiary Qualification will be an advantage.
• A minimum of 2 to 7 years’ experience in a Group Risk environment with experience in a Group Risk pricing division
• Such as a Group Risk Revisions or Group Risk Tenders team.
• Previous experience in an Employee Benefits Group Risk environment will be a distinct advantage.

Knowledge and skills

• Excellent product knowledge and understanding of the Group Risk Industry and Pricing principles.
• Computer literate with proficiency in Microsoft Office (Word, Excel, PowerPoint, OneDrive for Business, MS SharePoint and MS Teams).

Personal qualities

• Flexible and Adaptable - Rebounding from setbacks and adversity when facing difficult situations.
• Courage - Stepping up to address difficult issues, saying what needs to be said.
• Manages Complexity - Demonstrated ability and proven record to make complex decisions.
• Ensures Accountability - Holding self and others accountable to meet commitments.
• Plans and Aligns - Planning and prioritising work to meet commitments aligned to organisational goals

Core competencies

• Cultivates Innovation by creating new and better ways for the organisation to be successful.
• Client Focus - Building strong customer relationships and delivering customer-centric solutions.
• Drives Results - Consistently achieving results and meets deadlines, even under tough circumstances.
• Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.
• Resilience - Rebounding from setbacks and adversity when facing difficult situations.