The pricing capability is key to ensuring that the company reaches its business objectives. Pricing extends across all company partners, wellness solutions and includes the impact assessment of company on the profitability of company products.
Responsibilities and work outputs
Regular pricing of existing company partners.
Pricing and assisting with the business case for new company partners.
Input into the budgeting, forecasting and analysis of experience monitoring for the company programme.
Technical assistance from a pricing and value management perspective for the wellness solutions businesses and campaigns.
Form a detailed understanding of the attributes of a company client (across all lines of business) including, but not limited to life expectancy, persistency, buying behavior, safe driving propensity, physical activity, health.
Consolidating value metrics across the company product suite.
Provide input into the technical marketing capability where required.
Work with Business Intelligence (BI) to improve and ensure data quality.
Keep abreast of any legal or regulatory developments that may affect our business.
Produce regular and ad-hoc actuarial reports as required.
Experience and Qualifications
Bachelor of Science in Actuarial Science and good progress with exams.
Minimum 3 years pricing experience in financial services / insurance.