Job Summary
Hire Resolve is searching for a highly skilled Head of Pricing to join our client, a prominent player in the insurance industry. This pivotal role is tailored for a strategic pricing leader with a robust analytical background, ready to drive profitability and market competitiveness. The successful candidate will be responsible for developing innovative pricing strategies that align with business objectives and enhance customer value. If you possess a passion for data-driven decision-making and leadership, we invite you to join our dynamic team!
Key Responsibilities
- Pricing Strategy Development: Establish and refine comprehensive pricing strategies that align with market trends and business goals.
- Portfolio Management: Oversee performance analysis of existing portfolio offerings and make data-driven adjustments to pricing models.
- Team Leadership: Lead and mentor a skilled pricing team, fostering a culture of collaboration and innovation.
- Cross-Functional Collaboration: Work closely with departments such as Marketing, Sales, and Actuarial to ensure pricing strategies are effectively implemented.
- Market Analysis: Conduct in-depth market research to identify competitive positioning and potential pricing opportunities.
- Data Insights: Utilize advanced analytics to assess pricing effectiveness and make recommendations for improvement.
- Compliance Oversight: Ensure that all pricing practices adhere to regulatory requirements and internal policies.
- Stakeholder Engagement: Coordinate with key stakeholders to present pricing strategies and gather feedback.
- Performance Metrics: Develop KPIs to monitor pricing initiatives and report on their impact on the company's bottom line.
- Innovation in Pricing: Explore and implement innovative pricing models that enhance value for both the company and its customers.
Requirements:
- Bachelor's degree in Finance, Economics, Actuarial Science, or related field; Master’s degree preferred.
- A minimum of 7 years of experience in pricing, with at least 3 years in a leadership role.
- Deep understanding of the insurance market, pricing theory, and financial forecasting.
- Strong analytical skills with proficiency in statistical software and data visualization tools.
- Proven track record in developing and executing successful pricing strategies.
- Excellent leadership and people management skills.
- Ability to communicate complex concepts effectively to diverse audiences.
- Experience in project management and cross-functional collaboration.
- Strong problem-solving skills and a strategic mindset.
- High proficiency in Microsoft Excel and related analytical tools.
Benefits:
Contact Hire Resolve for your next career-changing move today
We will contact you telephonically in 3 days should you be suitable for this vacancy. If you are not suitable, we will put your CV on file and contact you regarding any future vacancies that arise.