Manager, Global Pricing, Protection

Job Title

Manager, Global Pricing, Protection

Job Description

The Role

The Global Protection Pricing function aims to enable the Protection business to write profitable treaties in all our existing territories, along with supporting entry into new territories, key strategic initiatives and driving best practice, efficiency and innovation across our Global teams.

As part of the Global Pricing team, you will work collaboratively with the Pricing teams across all regions to develop our pricing capabilities towards the goals above. In the initial 18 to 24 months, the focus would be on pricing process design as reflected in the responsibilities below. As this progresses it is expected that the responsibilities of this role will evolve, and there is strong desire for the successful candidate to input into shaping this role to add the most value to the business.

Duties

Pricing Process Design

• Partnering with local pricing teams to develop a roadmap towards streamlined processes/systems focusing on (1) efficiency, (2) proportionality and (3) simplification
• Driving the delivery of the roadmap, including supporting the development of “minimum viable products” and testing solutions with the local teams
• Coordinating and collaborating with AST, R&D, SA/MA and other relevant teams on process-related activities
• Ensuring Protection Pricing teams have tools and processes that are fit for purpose and improvements are realised

Building a Global Pricing community

• Supporting the development of the Global Pricing Pool
• Facilitating learning and sharing of information across regions
• Developing or supporting other Global Pricing team-led initiatives to achieve the desired objectives

Providing quote support on certain Global opportunities

• Providing technical pricing support on selected opportunities, such as where local resources are insufficient
• This is expected to be ad-hoc during the initial period

Innovation/Continuous improvement

• Developing strong relationships with pricing teams across our global offices to understand key business challenges
• Staying up to date with industry trends and the development of improved practices and approaches, to help architect innovative solutions with local teams e.g. via tools, technology, external data sources etc.
• Facilitate/drive innovation across Pricing teams, through idea generation sessions and sandboxes to explore new solutions

Qualifications & Expertise

 

Essential

• Qualified actuary with strong technical ability, and pricing experience preferably across multiple geographical markets
• Familiarity with the pricing tools that PL Re adopts, such as Tyche, SQL, Tableau, R, and strong Excel/VBA skills
• Ability to work independently as well as collaborate with pricing teams across regions
• Open mindedness and willingness to dive into the details, with the ability to translate insights into actions in terms of the pricing process design while not losing track of context

Desirable

• Experience in change management and/or process improvement
• Strong understanding of internal governance frameworks and controls

Working For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.

Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits

Leave

• 23 days of annual leave with option to buy/sell more days

• Adoption and fertility leave 

• Generous enhanced parental leave  

Healthcare

• Comprehensive private insurance coverage for employee and dependents

• Group Term Life Insurance coverage of 5x basic annual salary, Group Accelerated CI of 1x annual basic salary and Group Accidental Death & Dismemberment of 3x annual basic salary 

• Optical & Dental benefits 

• Additional flexi benefits

Wellness

• Access to Employee Assistance Program 

• Time off for volunteering 

• Charitable matching of employee donations

You Can Be Who You Are

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.



As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.

Pacific Life Re Values

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