Support the Pricing Business Partner to provide product and pricing terms for a specified portfolio of clients. Great career opportunities.

Pricing Specialist

At AIA we do things differently to make a healthy difference in people’s lives. That difference starts with every individual at AIA. We provide an environment and culture that helps our people live well
and enjoy a meaningful life, at work and at home. We’re serious about helping people live Healthier, Longer, Better Lives by encouraging them to make positive lifestyle changes one step at a time. If you want to make a healthy difference everyday - for yourself and others - then we want to hear from you.

The opportunity:

Support the Pricing Business Partner to provide product and pricing terms for a specified portfolio of clients. Great career opportunities.

To do this successfully you will:

• Ensure all pricing activities follow AIA Pricing Strategy, sign off & governance procedures across Actuarial, Product, Operations, Reinsurance and Group Office guidelines (where applicable)
• Liaise with the Pricing Business Partner and/or Senior Manager for pricing guidance and authorization outside of delegated authority level
• Support Product team with due diligence reviews of customer disclosure material
• Provide documentation in the form of Pricing Notes and assist in the development of the Risk Assessment Matrix
• Produce  insights  that  lead  to  future  innovative  product  development  ideas and/or process changes that add value to the team
• Support the Pricing Business Partner to prepare presentations to client partners on loss ratio analysis and renewal pricing
• Provide pricing support to Business Development and Strategic Partnership teams, in a timely and effective manner
• Participation and input into the customer retention and growth programs
• Undertake detailed experience investigations
• Complete  experience  remodeling  exercises  to  assess  the  pricing  impact  of changes in product designs and terms.

Successful applications will demonstrate:

• Minimum of 3 years’ pricing experience of Group Insurance products, preferably with experience in pricing large industry funds and master trusts
• Strong knowledge of the group insurance market
• Sound understanding of actuarial concepts, capital, profit and value measures
• Sound analytical and problem solving skills
• Excellent communication skills both verbal and written
• Strong Excel spreadsheet skills
• Strong time management and negotiation skills
• R coding experience would be an advantage

Why choose AIA:

At AIA, we’ve made a promise to help people live healthier, longer, better lives. And it starts with our own people.

• Access our training and development to build on your current skills

• Career development through internal mobility opportunities
• Work for a business helping millions of Australians and make a difference to someone’s life everyday
• Access additional leave days a year to recharge and refresh yourself
• Enjoy wonderful Health and Wellbeing initiatives that support you
• Work with supportive and inclusive managers
• Flexible working arrangements

Applications close on 22nd November

Recruitment Agencies: Our Talent team does not require any recruitment agency support.

Interested Candidates: Apply using the ‘Apply’ button. No emailed applications accepted. For general enquiries only, contact:

Laura-L.Walsh@aia.com

You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.