PRODUCT & PRICING SPECIALIST

Role Purpose:

The purpose of this role is to determine strategic direction for product development and pricing for the existing channels within the business and within the strategic context of the company. The role will focus on technical implementation and improvement, although it may also require input into business processes where appropriate.

The role will be responsible for the following:

• Product development in line with the target market needs
• Product maintenance to ensure efficiencies in the wider business context
• Product monitoring
• Technical pricing model development and implementation assistance
• Technical pricing innovation and improvement on existing models
• Street pricing development and practical implementation assistance
• Pricing monitoring
• Willingness to interact and courage to debate technical concepts with business partners
• Ruthless search for efficiency in development and implementation
• Continuous improvement and automation of operational tasks
•  Take full accountability of business performance (within their control)
•  Mentoring junior actuarial students          

Additional Attributes:

• Enthusiastic and passionate
• Energetic and a quick worker
• Strong sense of Integrity and honesty
• Ability to respect confidentiality
• Deadline and results oriented
• Organised, self-disciplined and self-motivated

Requirements:

• Nearly or newly qualified actuary
• 5 – 10 years’ experience in short-term or general insurance, specifically in product development and pricing
• Management experience would be advantageous
• Experience with data management software (SAS, SQL)
• Experience with pricing software (WTW)