- Permanent Opportunity
- Location – Sydney
- Flexible work, competitive salary and 13% super
The Role
The purpose of the role and your unique contribution is to lead Accelerator’s street and tech pricing strategy and delivery. You will be accountable for pricing incorporating technical inputs through to commercial street pricing into our pricing methodology. You will work closely with the P&L owner and leadership across the entire value chain –marketing, operations, claims, data, fraud, digital etc. to develop and deliver the overall Poncho strategy. The role will involve building technical and commercial pricing models, implementing the models and monitoring their effectiveness.
Key Responsibilities
• Define and deliver the street and tech pricing strategy for Accelerator to achieve profitable growth
• Be curious and bring in new ideas/ initiatives to make Accelerator the best pricing function in Australia personal lines insurance
• Work collaboratively with rest of Accelerator to deliver on customer value propositions and pricing initiatives
• Develop and lead street pricing strategies and trading tests and implement initiatives for Poncho
• Develop and monitor pricing governance processes and risk appetite
• Identify where processes can be streamlined and execute these changes
• Perform data and statistical investigations on the portfolio
• Monitor and report on developing portfolio trends and performance measures
• Produce data (or where applicable use alternative sources) to support product and pricing initiatives
• Building out technical, commercial, street and LTV pricing models
• Implementing the models into earnix and monitor their effectiveness.
• Identify and implement a technical pricing framework in the Accelerator
• Awareness and compliance with the Group Delegations & Authorities Policy.
Skills & Experience
• Strong technical/analytical skills
• Strong technical pricing experience (preferably personal lines insurance)
• Experience with R, Python, SAS, SQL or equivalent (essential)
• Experience with pricing techniques and models such as GLM and GBM (essential)
• Ability to translate technical components into commercial outcomes
• Tertiary qualification in a numerical or analytical discipline i.e. Finance, Mathematics or Statistics or Actuarial related field
• Ability to present technical information to a broad audience
• Desired ability to meet tight deadlines and have exceptional flexibility of approach, being able to stay focussed when directions change without notice
• Desired ability to display multi-dimensional thinking when solving problems
• Desired ability to work independently and proactively
• Desired financial acumen skills and understanding of insurance P&L
Ready for anything? Let’s talk.
Start your career journey with us and click ‘Apply’! Applications close on 1159pm AEST Sunday 22nd August 2021.
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.
Creating a workforce that actively embraces diversity, inclusion and a sense of belonging is key to our success. We believe in treating everyone fairly which means that inclusion, removing barriers, striving for equity and embracing diversity are woven through our values and behaviours. We encourage applications from all backgrounds and communities and are committed to providing a work environment that enables you to thrive, whatever your circumstances. If we can provide support with access requirements, alternative work arrangements please advise us via your application.
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.
