Position Overview
Description
The Product Pricing Specialist is responsible for delivering analytical and actuarial pricing support across Group Retirement Solutions, ensuring that pricing frameworks actively support the future product strategy and long-term sustainability of the portfolio.
This includes the enhancement of the governance structures around pricing and will also build and maintain robust management information, dashboards and insight frameworks.
Key Result Areas:
Strategic Pricing within Product Strategy:
Support the development and maintenance of pricing structures aligned to the approved product strategy and future product state.Assess pricing implications of new and evolving product propositions, ensuring sustainability across different member, employer and servicing profiles.Provide actuarial input into strategic trade‑offs.Administration Loss Reduction and Cost‑to‑Serve Analysis: