Pricing Specialist, Asia

Posted 4 Days Ago
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Petaling Jaya, Petaling, Selangor
Mid level
Insurance
The Role
The Pricing Specialist will support the Regional Pricing Manager by developing pricing models, conducting impact analysis, and providing risk pricing insights for large accounts while maintaining accurate reporting and portfolio management.
Summary Generated by Built In

Primary DetailsTime Type: Full time

Worker Type: Employee

Support Regional Pricing Manager (Portfolio Pricing) in develop and maintain valid and accurate pricing models & tools in line with Group Pricing Standards​ Include Qnect price execution (impact analysis, MUT, deployment) and rater price execution (impact analysis, testing, deployment). Provide individual risk pricing for large risks meeting requirements providing quality insights as part of the UW process​ and robust management information and reporting on rate adequacy and relevant metrics supporting robust and proactive portfolio management​.

Your New Role :

  • Support Regional Pricing Manager (Portfolio Pricing) in:
  • Develop and maintain valid and accurate pricing models & tools in line with Group Pricing Standards​.
  • Include Qnect price execution (impact analysis, MUT, deployment).
  • Include Rater price execution (impact analysis, testing, deployment).
  • Provide individual risk pricing for large risks meeting requirements providing quality insights as part of the UW process​.
  • Provide robust management information and reporting on rate adequacy and relevant metrics supporting robust and proactive portfolio management​.
  • Business partner with UW leads on portfolio management and insights, budgeting, remediation activities, Cell Reviews.
  • Key Performance Indicator: Review and refresh pricing models & tools in line with Asia Pricing Plan with minimum annually.
  • Key Performance Indicator: Individual pricing reviews completed for all large accounts exceeding required threshold​, to SLA.
  • Key Performance Indicator: Accurate MI reporting in place and updated within 15 days of month end​.
  • Key Performance Indicator: Rate adequacy statistics reported on in every cell review and Asia UW Committee​.
  • Key Performance Indicator: Commercial raters up to date and incorporates the outcomes of the most recent pricing reviews within 2 months of completion​.
  • Key Performance Indicator: Qnect pricing up to date and incorporates the outcomes of the most recent pricing reviews within 2 months of completion.

About You:

  • Minimum 3+ years’ experience in Insurance Industry.
  • Ability to analyze, interpret and extrapolate data from a number of sources and resolve complex issue.
  • Ability to communicate complicated concepts in a simple manner.
  • Demonstrated influential interpersonal skills.
  • Graduate qualification as an actuary.
  • Broad knowledge of the insurance industry, existing products and competitor products.

About QBE

What if you could have a positive impact – at work and in the world?

At QBE, we’re enabling a more resilient future – for our customers, communities, environment, and for our people. We’re building momentum to achieve something significant and know our people are at the centre of our success.

Our industry offers interesting and varied careers where you can help people to protect what matters most. As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented and kind. And with more than 13,000 people working across 27 countries, our scale means we’re big enough for your ambitions, yet small enough for you to make a real impact.

QBE Asia’s operations is part of the QBE International Division, and has had a presence in Asia for more than 130 years with offices in: Singapore, Hong Kong & Macau, Malaysia and Vietnam. We continue to be recognised for our ongoing focus on digital innovation to deliver exceptional value and operational excellence for our customers, business partners, people and the community. We support ESG efforts through the QBE Foundation, which helps to create strong, resilient and inclusive communities, by focusing investment and efforts on two key areas where we believe we can have the greatest impact – climate resilience and inclusion.

Benefits

Excited to share our comprehensive benefits package at QBE! 🌟

🌟 Flex and hybrid working options

🏡 Work from home policy

👨‍👩‍👧 Paternity leaves matching with maternity leave

🧘‍♀️ Well-being programs

💰 Pensions

🩺 Medical benefits

🌍 Globally, access to online learning via LinkedIn Learning

👪 On top of annual leaves, 3 additional days off (Family care leaves)

📚 Study leave

💍 Marriage leave

🎁 Internal Appreciation program with points to redeem nice merchandize and life experiences

Join us and enjoy a work environment that values your well-being and personal growth! 🌟 #EmployeeBenefits #WorkLifeBalance #CareerDevelopment

Join us now, so you can be part of our success – and we can be part of yours.

Your career at QBE — Let’s make it happen.

Skills:

Actuarial Services, Analytical Thinking, Collaboration Tools, Communication, Critical Thinking, Intentional collaboration, Managing performance, Portfolio Management, Price Modelling, Pricing Strategies, Problem Solving, Reporting and Analysis, Research Analysis, Risk Management, Statistical Analysis Software (SAS)

Application Close Date: 30/05/2025 11:59 PM

How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

Top Skills

Impact Analysis
Pricing Models
Rater Pricing
Risk Pricing
SAS
Statistical Analysis
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The Company
Sydney, New South Wales
11,699 Employees
On-site Workplace
Year Founded: 1886

What We Do

QBE Insurance Group is one of the world's top 20 general insurance and reinsurance companies, with operations in all the key insurance markets. QBE is listed on the Australian Securities Exchange and is headquartered in Sydney. We employ more than 11,000 people in 27 countries.

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