Pricing Specialist

DUTIES AND RESPONSIBILITIES:

• Develop and maintain pricing models for various insurance products using statistical and actuarial data.
• Analyze historical claims data, market trends, and competitor pricing to recommend appropriate rates.
• Collaborate with actuaries to validate pricing assumptions and ensure accuracy.
• Support the underwriting team by providing pricing guidance and risk assessment insights.
• Conduct financial and profitability analysis for new and existing insurance products.
• Prepare reports and presentations to communicate pricing recommendations to management and stakeholders.
• Monitor regulatory changes affecting pricing and ensure compliance with applicable laws.
• Identify opportunities to optimize pricing strategies and improve product competitiveness.
• Mentor junior pricing staff and contribute to continuous process improvement.