Specialist, Consumer Pricing

  • 34677
  • Non-Life - Actuarial
  • |
  • Australia
  • |
  • Feb 4, 2019
Insurance
RESPONSIBILITIES
  • Manage the approach to recognize, anticipate and resolve pricing issues and strategies in Motor, Home and Niche products of our consumer segments.
  • Utilize the technical pricing models to drive pricing outcomes, overlaying elasticity models and competitor price movements to achieve margin and growth targets.
  • Monitor portfolio performance, identify emerging trends and drivers and provide tactical pricing recommendations to deliver profitable growth in target segments.
  • Contribute valuable insights into the strategic portfolio planning discussions and actively support the execution of pricing strategies.
  • Maintain and update key internal and external pricing data sources to ensure confidence in data integrity for the Commercial portfolios.
QUALIFICATIONS
  • Relevant undergraduate degree or post-graduate qualification in Actuarial, Economics, Mathematics, Statistics or a related field.
  • 5+ years technical pricing and general insurance knowledge are required.
  • Experience in pricing optimization through machine learning will be an added advantage.
  • Knowledge of key programs and analysis tools such as SAS, SQL, R, Python, Tableau and Cognos is required.
  • Ability to manage complexity and have the flexibility of approach, being able to stay focused when directions change.
  • Strong problem solving and analysis skills with a focus on quality.
  • Build and maintain collaborative working relationships and effective participation.
  • Fellowship / Membership of the Institute of Actuaries.