Pricing Specialist
2 days ago
**Pricing Specialist**
**(**
**Job Number**:
**220001DV**
**)**
**Description**
**About the role**
Are you a pricing analyst looking for your next step? As our new Pricing Specialist within the Insurance Pricing team, you will play a key part in delivering the best in data insights, analytical modelling, and end-to-end pricing processes within our agile insurance environment. Further to this, you will be a key mentor and a trusted go-to, sharing in your technical pricing expertise and helping build capabilities within the team.
As a specialist, you will take ownership of your portfolio, and manage working relationships with other key stakeholders within RACQ. Reporting to the Pricing Manager, you will be part of a high-performing and dynamic team, in a flexible working environment, where no day is the same. Your key duties will be to:
- Develop, influence, and execute on pricing strategies and decisions across RACQ portfolios to deliver profitability, growth, and sustainability
- Form pricing recommendations based on analytical modelling, business context, competitive and demand intelligence. Execute on these recommendations using end-to-end pricing processes and manage associated complex engagements with a diverse stakeholder group
- Continually improve the quality and effectiveness of pricing processes, and be accountable for the enhancement of modelling, analysis, monitoring and/or reporting components of the pricing process
- Gather, analyse, and draw insights from internal and external data using a broad range of descriptive, diagnostic, predictive and prescriptive analytics technologies
- Develop and/or interpret predictive statistical models such as technical cost, premium emulation, competitor price deconstruction models, retention, and quote conversion models
**About you**
As a Pricing Specialist you will already have great interpersonal skills, which will assist with effective coaching and stakeholder engagement. You will be solution oriented, an analytical thinker, and have strong collaboration skills. On top of this, you will have:
- A degree or postgraduate qualification in a numerate discipline, e.g., Mathematics, Actuarial Science, Computer Science, Statistics
- 3-5 years’ relevant experience within an insurance environment
- Advanced analytical skills in relevant languages (SAS, SQL, R, Python)
- Highly developed experience and expertise in the development, testing, deployment, and monitoring of descriptive, diagnostic, predictive and prescriptive analytic solutions using a broad range of technologies
- High level of computer literacy
- High level of financial literacy including the ability to analyse insurance financial statements
- Demonstrated ability to synthesise complex issues and provide digestible and actionable insights
- Well-developed internal consulting skills
- High level communication and negotiation skills
- Demonstrated knowledge of the Insurance Code of Practice and Policy principles
**Why join RACQ?**
It is an exciting time to be part of RACQ as we continue our transformation towards better, smarter solutions that deliver more security and prosperity for Queenslanders. We are big enough to make a real difference in our community, yet small enough to nurture your professional and personal development.
By joining RACQ, you’ll be part of new sustainability initiatives, including a commitment to being a carbon neutral organisation by 2030. We’ve invested in and partnered with sustainable companies, including the introduction home solar and batteries, Green Home and Car Loans, and many other products and initiatives. We’ll continue to advocate for, research, and offer green solutions.
At RACQ we are passionate about building a diverse and inclusive workplace to create better outcomes for our employees and our members. We aim for our teams to be a true reflection of our communities and are committed to inclusion particularly people of Aboriginal and Torres Strait Islander heritage, and those who may experience diversity or disability related barriers in securing employment. Applicants from these and other diverse backgrounds are encouraged to apply. If you have any support or access requirement, please advise us at the time of applying.
**What we offer you**
Our employee benefits are designed to enrich your work life, your home and the community you live in, some of these include:
- Financial benefits and discounts on a range of banking, assistance and insurance products
- Give back to our communities with paid volunteer leave, payroll giving and volunteering for community events such as MotorFest and EKKA
- A range of flexible working and leave options, including 12 weeks paid parental leave, 2 weeks paid non-primary caregiver leave and purchased leave up to 4 weeks per year
- Prioritise your wellbeing with our onsite and virtual health hub, discounts on health programs and access to wellbeing initiatives such as yoga
- Invest in your development with in-h
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