Pricing Analyst

Job Title: Pricing Analyst
Location: Cape Town

Hybrid working: 2 days per week in the office

Department: A&H Underwriting
Reporting to: Head of Underwriting and Pricing

Company Overview:
Collinson is a global, privately-owned company dedicated to enhancing travel experiences and providing market-leading airport experiences, loyalty solutions, and insurance products for over 400 million consumers worldwide.

Purpose of the Job:
Reporting to the Head of Pricing & Underwriting (Accident & Health), the Pricing Analyst will coordinate pricing activities for our International Health and Dental insurance portfolios.

Key Responsibilities:

• Develop and refine pricing models to optimise business decision-making and client outcomes.
• Utilise advanced data manipulation tools to enhance data efficiency and reporting capabilities.
• Lead annual renewal pricing and product reviews, leveraging scheme data to drive performance improvements.
• Conduct comprehensive product and rate reviews, adapting benefits and pricing strategies as necessary.
• Monitor and analyse sales and underwriting performance, applying market research to drive best practices.
• Implement community and experience-rated pricing strategies, identifying trends and opportunities within data.
• Collaborate with the reserving team to ensure accurate IBNR and reserve calculations.

Knowledge, Skills, and Experience Required:

• Deep technical pricing expertise in the Global Health market.
• Strong analytical skills with proficiency in statistical pricing and modeling.
• Experience with earning patterns, chain ladders, and P&L analysis.
• Proven track record in pricing new and renewing portfolios across multiple geographic regions.
• Ability to manage competing priorities and stakeholder expectations effectively.

Personal Attributes:

• Results-oriented with strong influencing skills across various organisational levels.
• Creative thinker with a keen commercial sense and understanding of customer journeys.
• Passion for Health & Dental markets and adept at building relationships both internally and externally.
• Excellent communication skills, capable of simplifying complex concepts for non-technical audiences.
• Effective planner with strong coordination abilities for executing pricing projects.

Qualifications and Skills:

• Consumer lines (Health products preferred) Insurance experience.
• Proficiency in MS Excel, PowerPoint, and Word; familiarity with SQL/SAS/Tableau/Power BI advantageous.
• Awareness of insurance regulations and progression towards Data Analyst/Actuarial qualifications desirable.

Additional Details:
This role offers an opportunity to shape Collinson’s insurance strategy within a dynamic global industry. We offer hybrid working with flexibility in core hours.