Pricing Specialist

vor 3 Wochen

Council of the City of Sydney, Österreich AIA Australia Vollzeit

Pricing Specialist – Group Pricing Team Located in Sydney or Melbourne, reporting to the Senior Manager – Group Pricing, you will provide product and pricing terms for a specified portfolio of clients by performing and/or reviewing pricing and profit testing within agreed timelines. In this role you will work closely with the Client Development and Partnerships team, Product, Reinsurance and Actuarial teams and reinsurers to deliver effective and sustainable solutions. Responsibilities Ensure all pricing activities follow AIA Pricing Strategy, sign off & governance procedures across Actuarial, Product, Operations, Reinsurance and Group Office guidelines (where applicable). Conduct regular loss ratio analysis reviews to determine profitability and experience. Liaise with the Pricing Business Partner and/or Senior Manager for pricing guidance and authorisation outside of delegated authority level. Support Product team with due diligence reviews of customer disclosure material. Support Operations to ensure efficient policy insurance (and reinsurance) administration. Work together with the Strategic Partnership and Client Development teams in managing reinsurance terms for new corporate opportunities (where falling outside treaty referral limits) and new business tenders. Ensure pricing meets AIA required profit margins & return on capital measures, while balancing competitiveness with effectively allowing for the costs and profitability of the business being sought. Qualifications Prior experience as a pricing specialist with proven knowledge in group insurance. A background in actuarial studies with progress in Actuarial Fellowship qualifications desirable. Sound understanding of actuarial concepts, capital, profit and value measures. Understanding of the key drivers of the Group Insurance market. Strong analytical and problem-solving skills with an understanding of performance targets and measurement. Benefits Access our training and development to build on your current skills. Career development through internal mobility opportunities. Work for a business helping millions of Australians and make a difference to someone’s life everyday. Access additional leave days a year to recharge and refresh yourself. Enjoy wonderful Health and Wellbeing initiatives that support you. Work with supportive and inclusive managers. Flexible working arrangements. Location: Sydney or Melbourne. Employment type: Full-time. Seniority level: Mid-Senior level. Industries: Insurance and Financial Services. Salary: A$90,000.00 – A$110,000.00 per annum. #J-18808-Ljbffr

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