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Pricing Specialist

Employer
IAG Limited
Location
National, AU - National, AU, 2000 NZ, New Zealand
Salary
Competitive Salary
Closing date
Jul 10, 2022

View more

Job Role
Commercial Finance Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
  • Location - Sydney & Melbourne
  • Permanent Opportunity
  • Product, Pricing & Governance, Intermediated Insurance Australia


READY FOR ANYTHING

At IAG, we live and work by our purpose to make your world a safer place. We are motivated by a unique culture that celebrates honesty, creativity, empathy, equity and collaboration. We call it the IAG way, and it means we all share a ‘ready for anything' mindset that sets the tone for positive actions and positive outcomes. We put heart into everything we do which guides us to create amazing things for our customers, our people and our communities.

We're brimming with ideas, ambition and a readiness to apply bold thinking and risk awareness to make a difference where it matters most.

As the largest general insurance group in Australia and New Zealand, we own some of the region's most trusted brands, including NRMA Insurance, CGU, SGIO, SGIC and WFI. We are ready for anything.

The Role
The purpose of the role and your unique contribution is to specialise in data driven analysis to enable IIA to charge the right premium for risk. You will be part of a team that designs, builds, implements, maintains and monitors technical pricing models and contributes to the derivation of go to market premium.

What you'll be doing
  • Guide and support the team in designing, constructing, deploying, monitoring and maintaining technical pricing models across IIA.
  • Guide the team to meet the agenda and strategy on the implementation and deployment of rigorous, fit-for-purpose technical pricing models and other technical analyses for IIA products.
  • Implement strategic and innovative commercial pricing initiatives to support the targets and aspirations set for IIA products.
  • Collaborate with Portfolio team to determine the book price position for IIA products and provide strategic and tactical commercial pricing advice.
  • Implement processes to active monitor of the performance of pricing strategies for the IIA products and contribute insights into broader Group and Divisional initiatives including budget settings
  • Support and work collaboratively with the IIA Pricing - Technical, Strategy and Governance team, in building technical solutions, developing and executing strategies and initiatives, and maintaining strong governance and risk controls for all elem Implement appropriate and continuous monitoring and feedback loop in the pricing process.
  • Implement processes that adhere to and demonstrate compliance to Group governance policies.


Skills & Experience
  • Tertiary qualification in Actuarial Studies, Mathematics, Statistics, Computer Science or other relevant technical disciplines.
  • Sound knowledge and experience in general insurance industry, ideally in pricing and/or commercial insurance, with 5+ years of experience.
  • Extensive experience in applying traditional actuarial/technical pricing methods for general insurance classes.
  • Proficient in programming with analytical software such as SAS, R, Python, VBA and SQL.
  • Strong communication skills and ability to effectively present and discuss complex information, analysis and findings to technical and non-technical audiences, using data visualisation as appropriate.


Ready for anything? Let's talk.
Click ‘Apply' and start your career conversation with Talent Acquisition! Applications close at 11:59pm AEST on Monday 4th July 2022

We promote flexible working arrangements and are entitled to numerous benefits and enjoy working in a diverse and inclusive culture.

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