Head of Retail Pricing — Melbourne CBD, Melbourne

BE THE DIFFERENCE At AIA we don't simply believe in being 'the best'. We believe in better - because there's no limit to how far 'better' can take us. Everything we do is driven by our purpose to make a difference by helping people embrace Healthier, Longer, Better Lives. And every one of our people has an important role to play. If you want to make a difference by helping shape a healthier, better-protected Australia, read on. The opportunity: This role is responsible for the pricing strategy for the Retail and Partnership business and the delivery of optimal profitable, strategic and innovative pricing solutions for the business. The role will also provide effective leadership and management of the Retail pricing team to deliver pricing outcomes to achieve growth and profit objectives for the business. To do this successfully you will: Review and advise on the terms of existing products and contribute to the design of new products Develop and drive the pricing strategy for Retail for new business, inforce and closed products to ensure achievement of company goals Identify, negotiate and influence stakeholders on the optimal profitable, strategic and innovative pricing solutions that will allow AIA Australia to retain and win insurance business Build strong relationships across Product, Distribution, Underwriting, Operations, Risk, Finance and Strategy to ensure the development and maintenance of propositions are compliant, competitive and executed in a timely manner Monitor the market and our competitors with regard to trends, external developments and other initiatives that can benefit our customers and competitive position Lead, recruit, develop, retain and manage the team of 6 direct reports and 7 indirect reports, providing professional guidance and continually developing as a high performing team that is highly engaged and can directly contribute to the positive outcomes of customers and financial success of the business Successful applications will demonstrate: Tertiary qualification or equivalent in Actuarial Fellow of Australian Actuaries Institute or similar international body At least 10 years pricing experience preferably with a background in Life Insurance and/or Financial Services/Insurance including at least 5 years post qualification retail pricing experience preferred Strong customer experience orientation and data driven focus Proven experience in managing multiple projects and stakeholders often with differing objectives Excellent commercial acumen is key Good understanding of capital, profit and value measures and business drivers. Considerable experience in successfully developing, mentoring and managing a team of technical experts in a fast paced environment. Ability to lead, influence, negotiate and engage at all levels of the organization Is authentic, resilient and considerate of impact on others. Acts with integrity and is highly autonomous and professional Views the world from a customer's perspective and drives customer led process and system improvements Excellent written, oral communication and presentation skills. Able to lead complex and broad discussions at all levels with clarity and authority Why choose AIA: At AIA, we've made a promise to help people live healthier, longer, better lives. And it starts with our own people. Access our training and development to build on your current skills Career development through internal mobility opportunities Work for a business helping millions of Australians and make a difference to someone's life everyday Access additional leave days a year to recharge and refresh yourself Enjoy wonderful Health and Wellbeing initiatives that support you Work with supportive and inclusive managers Flexible working arrangement At AIA Australia, we're proud to help guide, support and protect the wellbeing of over 3.5 million Australians. As part of the AIA Group - the largest independent publicly listed pan-Asian life insurance group - it is our ambition to engage one billion people to live Healthier, Longer, Better Lives by 2030. Lots of companies like to say they're different. What makes us truly different at AIA, is the difference we make in people's lives. We are proud that this difference has been recognised in the 2023 ANZIIF awards by being named Life Insurance Company of the Year. AIA is different. Are you? If you want to be part of an organisation that helps people live better every single day, apply via the link.

Applications close Sunday, 7 July 2024
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