Senior Group Pricing Analyst

2 days ago


Sydney, New South Wales, Australia beBeePricing Full time $120,000 - $180,000
Senior Pricing Specialist

We are seeking an experienced Senior Pricing Specialist to join our life and health subsidiary in Sydney, which plays a significant part in the success of our global operations. This is a 12-month maternity cover position, reporting directly to our Head of Pricing.

We offer a unique working environment with short decision channels, an open feedback culture, and a sense of community shaped by mutual respect and a readiness to help.

This role requires effective written and verbal communication skills for engaging with both pricing and non-pricing stakeholders, as well as proven experience in managing stakeholder expectations and issue escalation.

You will be responsible for accurate and timely delivery of pricing analyses of group reinsurance for new business opportunities, existing client base, and internal pricing bases.

Pricing Responsibilities:

  • Pricing, reviewing, and writing up pricing documents of new business and renewals of group insurance/reinsurance within agreed deadlines
  • Providing pricing input to the Client and Reinsurance Solutions teams for group insurance product terms and conditions advice
  • Maintaining GL and GSC pricing models, including loss ratio models, credibility models, termination, and profit share costing
  • Keeping up-to-date with market research/reports on group insurance experience analyses and market developments

Requirements:

We are seeking a qualified actuary (FIAA or equivalent) with at least five years' experience in the Australian life insurance sector. Ideally, you will have in-depth knowledge of group insurance products and current market trends, along with advanced pricing modelling expertise and strong technical skills in MS Office—particularly advanced Excel.

To be successful in this role, you will need to have demonstrated experience of sound pricing judgment and problem-solving, excellent attention to detail, and a high level of accuracy.

The role requires initiative to work independently as well as collaboratively within a team environment. We value every individual and consider our people to be important to the success of our business.

What We Offer:

We foster a culture of respect in our workplace, supporting and encouraging respectful communication and behaviours, acknowledging differences and honouring the people we interact with. We prioritize employee wellbeing and engagement, offering structured onboarding, hybrid working arrangements, EAP, modern offers for personal development and wellness activities.

We encourage fresh input and provide opportunities to further develop your potential, including room to come up with innovative ideas and act on them.

Prospects: You contribute your specialist and methodological expertise, and we support you in achieving our objectives together.

We are looking for someone who can take ownership of their work, deliver results within deadlines, and effectively prioritise tasks.

As a Senior Pricing Specialist, you will be responsible for pricing, reviewing, and writing up pricing documents of new business and renewals of group insurance/reinsurance.

Key Skills and Qualifications:

  • Pricing analysis and modelling
  • Group insurance products and market trends
  • Advanced Excel skills
  • Sound pricing judgment and problem-solving
  • Excellent attention to detail and accuracy

Benefits:

We offer a competitive salary package, structured onboarding, hybrid working arrangements, EAP, and modern offers for personal development and wellness activities.

We prioritize employee wellbeing and engagement, providing opportunities for career growth and professional development.

Personal Qualities:

  • Strategic thinking
  • Resourcefulness
  • High self-motivation
  • Professionalism
  • Versatility
  • Diplomacy


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