25 Pricing Specialist jobs in South Africa

The
Pricing Specialist
will be responsible for developing and implementing pricing strategies to ensure competitive and profitable pricing for our legal services. The role involves analyzing market trends, client needs, and cost structures to optimize pricing models and support the firm's financial goals.

Key requirements/competencies include:

• Identify opportunities to improve profitability on current client, work type and matter opportunities.
• Raise commercial awareness with executives and practitioners on the Impact of pricing decisions on profitability.
• Deliver pricing support, reporting and analysis with a focused, coordinated, and consistent approach.
• Prepare pricing models
• Undertake internal matter pricing review benchmarking.
• Ensure adherence to the Firm's standard and pricing governance.
• Contribute to governance tools and processes in line with market developments.
• Deliver pricing training to practitioners. and applicable business services teams.
• Drive the usage of the VPD pricing solution.
• Conduct market research and competitive analysis to inform pricing decisions and ensure alignment with industry standards
• Collaborate with various departments such as Business Development and Accounts.
• Assist with the annual rate review
• Evaluate the cost structure of legal services to determine appropriate pricing and profitability.
• Provide support to Winning Business and practitioners in the preparation of client proposals and pricing structures for new and existing clients.
• Create and maintain pricing strategies that align with the firm's objectives and market conditions.
• Prepare regular reports on pricing performance and market trends.
• Compliance with all company policies and procedures.
• Analyse pricing data and metrics to track performance and make data-driven recommendations.
• Ensure that pricing practices comply with legal and regulatory requirements.

Key Requirements:

• Education
  : Bachelor's degree in finance, Economics, Business Administration, or a related field. A professional qualification or certification in pricing or financial management is an advantage.
• Experience:
  Minimum of
  3-5 years of experience
  in pricing analysis, financial analysis, or a related role, preferably within a legal or professional services environment.

Key attributes include:

• Strong analytical and quantitative skills.
• Proficiency in pricing software and data analysis tools.
• Excellent communication and presentation skills.
• Accountability.
• The ability to self-reflect.
• A desire for personal growth.
• Ability to work with teams.
• Ability to take ownership and responsibility for tasks and projects.
• Embody a positive "can-do" attitude, emphasizing client-centricity.
• Willingness to embrace and embody the firm's values and culture.
• Interact respectfully and effectively at all organizational levels.
• Demonstrate self-motivation and a commitment to continuous improvement, enhancing both delivery quality and personal performance.

ENS is committed to transformation and achieving equity in its workplaces. Placement of a suitably qualified and skilled candidate will therefore be made in line with our Employment Equity objectives.

Job Purpose:

Purchasing vehicles on behalf of the dealer, examine a car to be sure it’s in an acceptable state, negotiate prices and analyse the trend price.

Main  Job Function:

Contribute to the achievement of profit targets

• Purchase vehicle for dealership & reaching monthly target.


• Negotiating prices with potential sellers.


• Ensure that we follow our dealership’s buying process.


• Stay up to date with vehicle brands in the market, and prices on vehicles available in the market.


• Follow up on accepted deals and make sure that vehicle goes to dealer.


• Follow up with client when deal is accepted.


• Ensure that you can understand latest market trends to assist in prices of vehicles.


• Test drive the vehicles and examine to ensure its in an acceptable state.

Ensure world class customer service at all customer interfaces

• Build customer interest in the service and products offered and provide a personalised customer service of the highest level.


• Ensure that clients are dealt with in an empathetic, professional, and respectful way.


• Effective, efficient, and timeous communication via email / phone on Weelee info box, dealer info box, accounts info box and contact form box, and keeping records of all customer interactions.


• Investigating and solving customer problems and referring onto senior staff or team leaders when necessary.


• Creating a new feedback procedure for clients or improving upon the existing model.


• Respond to clients within company standard TAT (24 hours) on all platforms.


• Ad-hoc functions such as processing customer accounts, filing documents, and processing of pending cancellations.
  50.

Adhere to all company policies and procedures

• Ensure that all buying processes are followed, and documentation is in accordance with Company Policies.


• Accuracy of documentation is critical and not negotiable.


• Complying with any and all reasonable instructions and requests from Management.


• Report any deviations and suspicious activities to management immediately.

Job Requirements:

• Previous sales experience required.


• Motor sales experience will be advantageous.


• People person with excellent communication skills.


• 3-5years working experience.


• Honesty and Integrity.

Critical job-related knowledge:

• Customer service experience, ideally in motor industry.


• Proven sales capability.


• Manage Individuals.


• Knowledge on motor industry pricing.


• Time management.

Minimum education:

• Matric - Senior Certificate (Grade 12).

Technical (systems) knowledge required:

• Microsoft suite - intermediate


• Call centre systems knowledge


• Salesforce would be beneficial.

About Us

At getWorth, we're not just redefining the motor vehicle industry; we're leading a global revolution with the fusion of patented AI wizardry and automotive expertise. As pioneers of a new era in buying and selling, we promise exceptional, rational, and transparent experiences for those with a taste for the extraordinary. With a flat organizational structure, we balance professionalism with a laid-back, cool culture in our modern, stylish space that prioritizes comfort and creativity. Our incentive systems align your success with overall company triumphs, ensuring your contributions are celebrated.

We expect our team to embody our core values in delivering an unparalleled exceptional customer service experience. This involves prioritizing convenience, transparency, and professionalism, aligning with our commitment to putting the customer first. We foster a culture of continuous improvement, encouraging our team to assess and challenge systems for ongoing enhancement. Collaboration is at the heart of our success, and we highly value individuals who take ownership of delivering high-quality work in a self-disciplined manner with a focus on timeliness.

Join us at getWorth, where our commitment to excellence, customer-centricity, and teamwork defines our dynamic and innovative environment.

Overview of the role

GetWorth is seeking a Junior Pricing Specialist to join their dynamic pricing and treasury team. The role involves pricing a diverse range of used cars using innovative financial products and sophisticated tools supported by machine learning algorithms. The company emphasizes the importance of accurate pricing for both their success and customer satisfaction. The ideal candidate should be analytical, detail-oriented, and possess the ability to quickly grasp new concepts. While an interest in cars is a plus, the company is willing to provide training. The role requires resilience, the ability to work under pressure, and effective communication skills to engage in robust discussions within the team. This is a junior position with opportunities for growth, focusing on making informed decisions and learning from experiences in a structured and supportive environment.

Key Responsibilities

• Daily pricing of quote requests (from customers looking to sell cars)
• Dealing with pricing queries from customers and the customer service and buying departments
• Portfolio trading reviews (you are allocated a group of cars that you must trade until they sell)
• Researching vehicle and market characteristics to improve our knowledge base
• Ad-hoc reporting and data analytics assignments

Education and Experience

• An appropriate tertiary qualification in an analytical, detail-rich field such as business, mathematics, engineering or other analytical/quantitative field (If you can show the experience and ability, we can overlook lack of certificates).
• At least one previous role where you were required to operate consistently with high accuracy. Some fields that might match include: economics, statistics, accounting or financial modelling, trading, etc.
• Good communication skills in English - spoken and written
• Additional languages beneficial
• No criminal record

Compensation and Benefits

• R to R Cost to Company per year (Provident Fund Included)
• Business Incentive Scheme in addition/Commission Structure in addition
• Permanent Contract

Working Hours

• Public holidays will be worked as scheduled (on rotation)
• Non-Operational Roles are required to work variable hours often outside of standard working hours and this can include Weekend and/or Public Holidays as scheduled and dependent on the role.

Should you not hear from us within 2 weeks of submitting your application, please consider your application as unsuccessful.

Momentum Group Limited (Momentum Group) is a significant player in South Africa's life insurance and integrated financial services sectors. We are a proud Level 1 B-BBEE South African-based group dedicated to building and protecting our clients' financial dreams. Our client-facing retail and specialist brands, including renowned names such as Momentum, Metropolitan, Guardrisk, and Eris Properties, play a pivotal role in fulfilling this purpose.

Our federated model emphasises empowerment, accountability, and continuous engagement with all our stakeholders. Designed in close consultation with leaders across the group, this operating model aims to unleash each business unit's inherent energy and commercial drive through our collaborative federated approach. Visit us at .

Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.

Role Purpose
The successful incumbent will be responsible for managing and/or supervising other actuarial staff. The person would also be required to clarify client requirements and translate actuarial concepts into client-friendly terminology. Pricing and product development for commercial lines short-term insurance are key aspects of the role.

Requirements

• A Bachelor's degree in Actuarial Science, Statistics, Business Sciences or Business Mathematics.
• A qualified actuary (FIA, FFA, or FASSA) is highly advantageous.
• At least 8 years of experience in actuarial modeling, pricing, and product development in the short-term insurance sector.
• Experience in Commercial pricing and product development will be an advantage
• Demonstrated proficiency in advanced pricing and product development is an advantage.
• 5-8 years of management experience is desirable.

Duties & Responsibilities

• Maintain, develop, and implement market leading Short-term Insurance pricing models.
• Explore and identify data and rating enhancements to inform pricing models.
• Ownership of model performance against actual experience and acting on model weaknesses.
• Developing and implementing pricing strategies for new and existing business to achieve growth and profit objectives.
• Support the development of new and innovative products and maintain existing products.
• Drive, implement and maintain proper governance on pricing developed/deployed.
• Support/advise the business using data and analytics.

Competencies

• Passion for Short-term Insurance (STI) and pricing STI products
• Business acumen
• Client/ Stakeholder commitment
• Drive for results
• Leads change and innovation
• Motivating and inspiring team
• Collaboration
• Impact and influence
• Self-awareness and insight
• Diversity and inclusiveness
• Growing talent
• Good communication skills

Knowledge:

• Actuarial modelling
• Statistical analysis techniques
• Short term insurance pricing and product development (Commercial business advantageous)

Skills:

• Microsoft Excel
• VB scripting
• SQL (where applicable)
• Experience with software packages like SQL, SAS, R, Python, Willis Towers Watson, Earnix and AKUR8
• Advanced Microsoft Office, in particular Excel, user.
• Experience with programming and mining large datasets for commercial value.

*Job Requisition Details *
REQ#

Location: Johannesburg, Gauteng

Closing Date
Talent Acquisition: Bongiwe Mchunu

Job Family
Investment Banking

Career Stream
Quantitative

Leadership Pipeline
Manage Self: Professional

FAIS Affected
Job Purpose
To contribute to the development and maintenance of best practice models and assessment strategies in line with regulations (where applicable) in order to facilitate world class risk management.

*Job Responsibilities *

• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
• Research and make recommendations for corporate citizenship initiatives in area of influence
• Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).
• Seek opportunities to improve business processes; models and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
• Contribute to the development of differentiated; superior solutions (solution engineering) that meet stakeholder and business requirements through analysis.
• Ensure product and/or solution design is congruent with the required business specifications through meeting stakeholder requirements timeously.
• Contribute to the development of differentiated; superior solutions (solution engineering) that meet stakeholder and business requirements through analysis.
• Ensure product and/or solution design is congruent with the required business specifications through meeting stakeholder requirements timeously.
• Ensure business needs are met by engaging and assisting business through face to face interaction and attendance at forums and committees .

*Job Responsibilities Continue *

• Assist the business to address queries by extracting and analysing data.Perform ad hoc analysis and complete data requests through monitoring of data as per client specification.
• Ensure continuity and knowledge base through documenting and recording processes and models.
• Provide insights enabling growth through analytical research; systems and marketing insights by delivering analytical results and making recommendations to stakeholders.
• Ensure compliance to policy through data analysis and monitoring.
• Create efficiencies and streamline processes through analysis.
• Establish understanding of processes by bridging the gap between operational and analytical concepts through communication.
• Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned.
• Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.
• Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed; experience practiced, and certifications obtained and/or maintained within specified time frames.
• Enable skilling and required corrective action to take place by sharing knowledge and industry trends with team and stakeholders during formal and informal interaction
• Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.

*Professional Exposure
Proficiency in
Microsoft Excel
Essential Qualifications - NQF Level *

• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees

Qualification
Minimum Qualification

• Bachelor's degree in mathematics, Statistics, Actuarial Science, Finance, or a related field.

Preferred Qualification

• Postgraduate degree (Honours/Master's/PhD) in Statistics, Mathematics or Finance
• Professional certifications such as CFA, FRM, or CQF are advantageous.

Minimum Experience Level

• Entry-level or graduate candidates with strong academic performance.
• Exposure to financial markets, investment banking, or risk frameworks is a plus.

*Technical / Professional Knowledge *

• Business Acumen
• Industry trends
• Microsoft Office
• Principles of project management
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Risk management process and frameworks
• Business writing skills
• Microsoft Excel
• Quantitative Skills

Behavioural Competencies

• Adaptability
• Applied Learning
• Earning Trust
• Communication
• Stress Tolerance
• Driving for results
• Continuous Improvement
• Technical/Professional Knowledge and Skills

Please contact the Nedbank Recruiting Team

Introduction

Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations.

We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms Momentum Metropolitan provides practical financial solutions for people, communities and businesses. Visit us at

Disclaimer

As an applicant, please verify the legitimacy of this job advert on our company career page.

Role Purpose

The purpose of this role is to price and manage the risk in respect of new and existing business to ensure profitability and sustainability. The area is a high-pressure environment and the suitable candidate needs to be able to produce high-quality work while ensuring that tight deadlines are met.

Requirements

Experience and Qualifications

• Minimum matric with exemption, including Mathematics (Pure) and Accounting/Physical Science.A

• Bachelor's degree in Commerce, Mathematics, or Statistics is preferable.

• 2-5 years' work experience in the Insurance, Employee Benefits, or other Financial Services industry is preferable, but not a prerequisite.

• Work experience in Group Risk pricing is preferable, but not a prerequisite.

• Proficient in MS Word and MS Excel.

• MS Access, SQL, or Visual Basic experience will be an advantage.

Duties & Responsibilities

Internal Process

• Screening and analysing new and existing business pricing requests.

• Gathering, assessing and analysing all relevant information needed to produce a new business tender or rate renewal.

• Review existing business premium rates, terms and conditions. Compiling, analysing and monitoring claims experience for new and existing business.

• Assessing and calculating the risk rate and underwriting requirements for the products requested, utilising the current pricing tools.

• Determining suitable terms and conditions in order to effectively manage risk.

• Extracting data from existing systems, as well as validation and manipulation of the data.

• Accurate recording of data for business intelligence and reporting.

• Consider wider topics of risk management such as occupational and industry risks.

• Internal and external client liaison/collaboration with regards to rates, products and other risk issues.

• Build and improve current models and internal processes.

• Assisting with ad hoc projects and calculations, e.g. Disability buy-outs, profit sharing calculations and reinsurance comparisons.

• Assist with risk calculations and provide technical support to the FundsAtWork Pricing department.

• Ensure that all authorisation protocols, tools and systems are adhered to and are used correctly and effectively.

Client

• Build a strong relationship with the sales channel so that existing business is retained at profitable rates while new business is secured with appropriate margins.

• Build and maintain relationships with relevant organisation's to ensure in-depth knowledge of all related acts, regulations and regulatory frameworks.

• Compile, monitor and deliver on service level agreements with internal and external stakeholders to meet or exceed client expectations.

• Ensure satisfactory resolution of all queries and problems.

• Participate in the design and application of a stakeholder feedback capability in respect of service delivery.

• Track and address Product Pricing related complaints and identify trends and major issues to be addressed.

People

• Enhance the image of MMH through professional client liaison:

• Internally and externally with other Departments/ Brokers/ Employers/ Members/ Reinsurers.

• Work together with consultants to support client retention and new business acquisition via excellent customer service and maintaining excellent client and broker relationships.

• Provide technical pricing guidance and support to the Sales Channel and other departments.

Finance

• Ensure rates and underwriting requirements provided mitigate financial risks.

• Increase profits and ensure rates provided are sustainable.

• Contribute towards reducing departmental operating costs.

Competencies

• Analytical thinking (including problem identification and problem analysis).

• Attention to detail.

• Be able to work well independently and also within a team.

• Excellent people skills.

• Self-management and accountability.

• Live and uphold the MMH values.

• Quality and service-oriented.

• Excellent communication and presentation skills (written and oral).

• Good judgment, effective decision-making and problem-solving.

• Data management skills.

• Time management, flexibility, and adaptability.

• Planning and organizing.

• Design and deliver multi-modal pricing strategies that align with commercial goals
• Manage and report on sales estimates, KPIs and quarterly pricing performance
• Liaise closely with clients, sales teams and operational departments to ensure estimate accuracy and customer satisfaction
• Ensure data integrity across pricing systems and maintain competitive rates
• Uphold quality and compliance standards in freight forwarding and tender processes

• Matric with Mathematics
• Minimum NQF Level 5 qualification in a relevant field (supply chain, finance or business)
• Minimum 7 years experience in multi-modal estimating within freight forwarding
• Strong exposure to freight pricing structures, clearing processes and documentation
• Proven experience in managing rates, tenders and high-volume pricing data
• Advanced numeracy and analytical thinking
• Deep knowledge of freight forwarding standards and global transport routes
• Ability to work under pressure while maintaining precision and consistency
• Excellent communication and coordination skills

Empowering Africa's tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

The purpose of the role is to play a key role around support and pricing function initiatives. Individual will assist with developing the pricing application for loan pricing from a quantitative perspective, will help to put together technical specifications for loan instruments for pricing application. Ensure the deals priced are in line with the overall risk adjusted return objectives of the business. Assist with the development and continual build out of pricing application including quantitative advise and support of instruments.

Job Description

• This role will provide advice & support in the development & implementation of pricing activities; enabling the provision of new products and investment portfolio pricing structures.
• Support across loan pricing products.
• Help with the management of pricing inputs in to determining pricing levels.
• Data BI to support decision making in the business areas supporting using data for pricing insights.
• Support the development of models and support internal model governance
• Support the facilitation of the optimization of value-aligned performance measures (risk adjusted return measures e.g. Return on Risk Weighted Assets, Return on Economic Capital based on the plans for the clusters)
• Analyze the impact of upcoming regulation that has the potential to impact the availability of financial resources from a loan pricing perspective.

Education

• Minimum qualification – Quantitative or finance degrees e.g. Applied Mathematics, Actuarial Science, Econometrics.
• Preferred qualification – Honors, Masters, CFA/FRM/CA(SA) or studying towards these qualifications.

Preferred Experience

• 2 /3 years of experience in quantitative, financial modelling, quantitative regulatory and/or financial analysis
• 3 years financial services exposure
• Must have experience engaging with senior Stakeholders
• Must have 3/4 years pricing experience

Knowledge and Skills

• Ability to build sound relationships with stakeholders
• Priorities the output of the team/self, ensuring delivery within deadlines.
• Ability to work well under pressure.
• Ability to absorb large volumes of information and identify the critical parts.
• Understanding complexity and cross-functional work.
• Very strong analytical and quantitative ability.
• Identifies and builds on financial resource efficiency opportunities.
• Have a good understanding and is up to date with relevant market and economic activity
• Strong financial modelling abilities and data analytics.
• Knowledge of banking products and related financial issues.
• Review and challenge existing / developing financial / statistical models.
• Ability to promote team spirit and culture.

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

Guardrisk Life is looking for a driven and passionate problem solver to join our growing Structuring & Solutions team. If you are a recently qualified or nearly qualified actuary with pricing experience, we would love to hear from you

Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.

Role Purpose
You'll play a key role at Guardrisk, collaborating with clients and internal teams to review and sign off on new and evolving products and pricing. The role involves technical pricing across a range of life insurance products, as well as deal structuring, client engagement, and tackling complex business problems.

Requirements

• Bachelor's degree in Actuarial Science
• Qualified or nearly qualified actuary (FASSA or internationally recognised equivalent, or on track to attain fellowship within 18 months)
• At least 3 years' experience in the life insurance industry
• Experience in a pricing role preferred

Duties & Responsibilities

• Assist with the pricing of new and existing group and individual life insurance products
• Develop technical pricing models with a focus on life insurance products
• Assist with reviewing new products in line with regulatory and professional guidelines
• Assist with the structuring of new products and deals
• Engage clients and internal stakeholders on technical matters

Competencies

• Strong analytical thinking skills
• Innovative and solutions-focused mindset
• Effective communicator, both written and verbal
• Confident engaging with a range of stakeholders across functions
• Collaborative and able to build strong working relationships
• Well-organised with strong interpersonal skills
• Comfortable applying a range of actuarial techniques
• Quick learner with a self-starter attitude
• Adaptable and able to work effectively in a dynamic environment
• Able to deliver high-quality work under pressure and meet tight deadlines

Enquiries