Johannesburg: Head Of Pricing posted by Hire Resolve

About the Role

Hire Resolve is seeking a highly skilled Head of Pricing to join our client, a prominent player in the insurance industry. As a strategic pricing leader with a robust analytical background, you will drive profitability and market competitiveness. You will develop innovative pricing strategies that align with business objectives and enhance customer value.

Key Responsibilities

• Establish and refine comprehensive pricing strategies that align with market trends and business goals.
• Oversee performance analysis of existing portfolio offerings and make data-driven adjustments to pricing models.
• Lead and mentor a skilled pricing team, fostering a culture of collaboration and innovation.
• Work closely with departments such as Marketing, Sales, and Actuarial to ensure pricing strategies are effectively implemented.
• Conduct in-depth market research to identify competitive positioning and potential pricing opportunities.
• Utilize advanced analytics to assess pricing effectiveness and make recommendations for improvement.
• Ensure that all pricing practices adhere to regulatory requirements and internal policies.
• Coordinate with key stakeholders to present pricing strategies and gather feedback.
• Develop KPIs to monitor pricing initiatives and report on their impact on the company’s bottom line.
• 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; Masters 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.

Qualifications

• Completed Bachelor’s degree in Finance, Economics, Actuarial Science, or related field (if applicable)
• Relevant Masters degree (if applicable)

Salary & Benefits

Salary negotiable.