Job Description

We are seeking an experienced Market Pricing Specialist to support a major pricing modernisation program within a large general insurance environment.

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This role will sit between the pricing project team and the business unit, helping translate technical pricing outputs into commercially appropriate market pricing decisions.

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The focus will be on pricing setting across Farm and Commercial Motor portfolios, supporting the transition from legacy pricing models to more sophisticated pricing algorithms.

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This is not a traditional marketing role and it is not purely actuarial. It would suit someone who is highly numerate, understands insurance pricing and can apply strong commercial judgement to complex pricing outcomes.

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Key responsibilities

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- Review technical pricing outputs produced by the pricing team
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- Assess whether proposed pricing is commercially appropriate for the market
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- Analyse pricing movements across products, risks and individual perils
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- Break down pricing components, such as property, contents, water damage and other underlying risk factors
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- Identify anomalies, volatility and unexpected pricing outcomes
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- Explain significant pricing changes and the key drivers behind them
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- Assess pricing outcomes against:n n
- Portfolio performance
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- Market position
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- Customer retention
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- New business strike rates
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- Production volumes
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- Commercial objectives
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- Recommend adjustments to support a smooth transition from legacy pricing models to modernised pricing
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- Help minimise unnecessary pricing shocks for new and existing customers
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- Work closely with pricing specialists, project teams and business stakeholders
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- Extract and analyse pricing data to support market pricing decisions
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- Ensure pricing recommendations are credible, evidence based and aligned with business objectives
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What you will bring

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- Strong general insurance pricing experience
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- Excellent numerical and analytical capability
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- A strong understanding of technical pricing models and pricing algorithms
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- Ability to interpret technical pricing outputs and apply a commercial lens
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- Experience analysing pricing movements, portfolio performance, retention and strike rates
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- Ability to investigate pricing changes at a detailed level, including by product, risk and peril
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- Strong data extraction and analysis skills
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- Confidence explaining complex pricing outcomes in transparent and practical terms
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- Strong stakeholder engagement skills
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- Ability to work effectively between technical pricing teams and business stakeholders
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- Experience supporting pricing transformation, pricing model changes or pricing modernisation initiatives
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Technical skills Experience with the following would be highly regarded:

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- Excel
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- SQL
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- SAS
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- Power BI
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- Pricing analytics and data visualisation tools
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You do not need to be a qualified actuary, although actuarial pricing experience would be considered. Earnix experience is not required.

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Ideal candidate profile The ideal candidate will come from a senior insurance pricing, market pricing, portfolio pricing or actuarial pricing background.

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You will be highly comfortable working with numbers and complex pricing data, while also understanding the broader commercial objectives of the business.

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You will not need to be a salesperson or highly persuasive negotiator. However, you must be able to clearly explain why pricing has changed, demonstrate the underlying logic and ensure the proposed position is credible.

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📌 Market Pricing Specialist (New South Wales)
🏢 Correlate Resources
📍 New South Wales