Pricing specialist
Innovation Group
Insurance, Randburg, Johannesburg
5d ago

We have an exciting opportunity for a qualified and experienced pricing specialist to join our Product, Underwriting and Pricing team in Randburg, Johannesburg.

In this role, you will be focused on pricing for new product development, existing product updates, fund monitoring and claims analysis.

Key pricing focus areas will be on commercial, passenger and motorcycle business as well as a focus on non-regulated products pricing like Service and Maintenance Plans.

Minimum requirements

  • A Degree or equivalent NQF Level 7 Qualifications (Technical / Mechanical Engineer / B. Com Statistics).
  • A minimum of 3 5 years of product cost estimation and analysis experience
  • Service and maintenance value added product pricing.
  • Fleet quotes with restructures on Value Added Products on Service and Maintenance plans
  • Commercial Truck / Yellow understanding and Value-added Product Pricing (will be an advantage)
  • Responsibilities

  • Revenue growth in business area through pricing reviews and increases
  • Pricing implementation in line with agreed sales pipeline
  • Cost monitoring : Analysing loss ratios
  • Implement new pricing methodology and concepts in response to market changes and maintaining continuous improvements in revenue and stability
  • Drive actions to focus on non-profitable product lines and predictive performance review pricing and analysis
  • Collaboration with Dealer Relationship Managers and Direct Sales to improve customer experience such as automated quoting efficiencies and special quotes enhancements offering additional multiple products
  • Identify risk and implement the necessary corrective actions
  • Build rules and models within the pricing area to ensure accurate and agile pricing
  • To apply for the position, please send a detailed cover letter and CV to

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