South Africa / Automotive / Insurance / 20 November 2020
We have an exciting opportunity for a qualified and experienced pricing specialist to join our Product, Underwriting and Pricing team in Randburg, Johannesburg.
In this role, you will be focused on pricing for new product development, existing product updates, fund monitoring and claims analysis. Key pricing focus areas will be on commercial, passenger and motorcycle business as well as a focus on non-regulated products pricing like Service and Maintenance Plans.
A Degree or equivalent NQF Level 7 Qualifications (Technical / Mechanical Engineer/ B. Com Statistics).
A minimum of 3 – 5 years of product cost estimation and analysis experience
Service and maintenance value added product pricing.
Fleet quotes with restructures on Value Added Products on Service and Maintenance plans
Commercial Truck / Yellow understanding and Value-added Product Pricing (will be an advantage)
Revenue growth in business area through pricing reviews and increases
Pricing implementation in line with agreed sales pipeline
Cost monitoring: Analysing loss ratios
Implement new pricing methodology and concepts in response to market changes and maintaining continuous improvements in revenue and stability
Drive actions to focus on non-profitable product lines and predictive performance review pricing and analysis
Collaboration with Dealer Relationship Managers and Direct Sales to improve customer experience such as automated quoting efficiencies and special quotes enhancements offering additional multiple products
Identify risk and implement the necessary corrective actions
Build rules and models within the pricing area to ensure accurate and agile pricing