Pricing Specialist
3 days ago
READY FOR ANYTHING
At IAG, we live and work by our purpose to make your world a safer place. We are motivated by a unique culture that celebrates honesty, creativity, empathy, equity and collaboration. We call it the IAG way, and it means we all share a ‘ready for anything’ mindset that sets the tone for positive actions and positive outcomes. We put heart into everything we do which guides us to create amazing things for our customers, our people and our communities.
As the largest general insurance group in Australia and New Zealand, we own some of the region’s most trusted brands, including NRMA Insurance, CGU, SGIO, SGIC and WFI. We are ready for anything.
- Permanent Opportunity
- Location
- Sydney or Melbourne
The purpose of the role and your unique contribution is to work on initiatives to determine and deliver the pricing strategies for personal lines products in Australia in order to deliver on brand strategies and profit targets whilst managing design and implementation risks and alignment to IAG Pricing Principles. You will be part of a broader pricing community that designs the strategic pricing algorithm, builds the technical pricing models, develops the go-to-market pricing strategies and implementations.
Key Responsibilities
- Recommend go-to-market pricing strategies for personal lines products, utilising the technical models built by the technical pricing team and overlaying strategic and commercial considerations
- Collaborate with business stakeholders, including portfolio teams, to determine the go-to-market pricing for personal lines products.
- Monitor the performance of pricing strategies for the personal lines products and contribute insights into broader Group and Divisional initiatives including budget setting.
- Collaborate with Technical Pricing team to interpret modelling insights and use model outputs for pricing and monitoring purpose
- Contribute to Implementation of appropriate and continuous monitoring and feedback loop in the pricing process
Skills & Experience
- Tertiary qualification in a numerical or analytical discipline i.e. Actuarial, Finance, Mathematics, Statistics or related field with demonstrated equivalent experience
- General Insurance Pricing or Actuarial experience in the Australian market or overseas
- Experience with Excel, SAS, R, SQL, Python or equivalent
- Demonstrated analytical, critical thinking and problem solving skills
- Ability to present and discuss complex information, analysis and findings to technical and non-technical audiences, using data visualisation as appropriate
Ready for anything? Let’s talk.
Start your career journey with us
**Applications close on 25th of August at 23.59pm.**
IAG rewards and recognises its people with generous benefits, career development opportunities and real work-life balance. Employees also enjoy 13% superannuation, up to 50% insurance discounts, flexible work and leave options, generous parental leave and return to work programs, various corporate partner discounts and a people-focused culture that celebrates achievements big and small.
IAG has committed to the reconciliation movement in Australia for First Nations people and focus on providing a safe and supportive work environment for all our employees. More information on our Reconciliation Action Plan can be found on our company website.
Posting Notes: || Australia (AU) || state || city || department ||
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