Commercial Pricing Manager

TAL Services Limited; Sydney; On-site; AUD 120,000 - 180,000; Full time

Job summary

TAL is seeking a pricing leader within its Individual Life Pricing & Value team in Australia. You will shape pricing outcomes for the Retail Advice channel, turning data-driven insights into decisions that create value for customers, advisers, and the business.

In this role you will lead pricing initiatives, develop market-based strategies, and partner with Product, Distribution, Underwriting and Finance to deliver strong commercial results while coaching a team of pricing professionals with

Qualifications

• Requires 4+ years in Life insurance pricing/valuation in Australia or similar markets.

Responsibilities

• Lead pricing initiatives and design implementation to deliver sustainable growth.
• Develop data-driven pricing strategies using market insights to balance value, competitiveness and profitability.
• Maintain strong pricing presence by engaging with advisers and driving outcomes.
• Collaborate with Product, Distribution, Underwriting and Finance to drive performance.
• Monitor pricing performance and implement improvements for impact and value.
• Coach and develop a team of pricing professionals with strong judgement and standards.

Skills

Pricing strategy

Commercial mindset

Stakeholder communication

Team leadership

Analytical thinking

Data analytics

Education

FIAA or qualified actuary

Tools

SQL

Python

R

Job description

At TAL, we're committed to helping our people build meaningful careers while making a real difference to Australians. Internal career opportunities are an important part of how we develop capability, support career growth and create opportunities for our people to explore new challenges across the business.

This role offers an opportunity to broaden your experience, build new skills, expand your network and continue your development within TAL. Whether you're looking to deepen your expertise, take on new challenges or explore a different area of the business, internal opportunities help our people continue to grow and develop their careers.

At TAL, we're committed to helping Australians live healthier lives and enjoy greater financial wellbeing. As part of our Individual Life Pricing & Value team, you'll play a key role in shaping pricing outcomes for our Retail Advice channel, turning data-driven insights into decisions that create value for customers, advisers and the business. Working within a highly collaborative and commercially focused environment, you'll have the opportunity to influence meaningful outcomes while contributing to TAL's ongoing growth, sustainability and customer impact.

In this role you will

• Lead pricing initiatives, including assumption setting, profit testing, rate design and implementation support, that deliver sustainable growth and strong commercial outcomes in the Retail Advice channel.
• Develop data-driven pricing strategies leveraging market and competitor insights to identify opportunities and enhance pricing effectiveness while balance customer value, competitiveness and profitability.
• Maintain a strong new business pricing presence by monitoring market position and engaging with advisers to drive improved adviser and customer outcomes.
• Partner with stakeholders across Product, Distribution, Underwriting and Finance to drive business performance.
• Monitor pricing performance and implement improvements that maximise commercial impact and customer outcomes.
• Lead, coach and develop a team of pricing professionals, managing priorities and capacity while promoting sound judgement, strong technical standards, and development.

Qualifications

• Minimum 4 years working experience in Life insurance in Australia (or overseas markets with similar products), with experience in either pricing or valuation
• FIAA or qualified actuary of a recognised actuarial body required
• Ability to solve complex problems creatively and a natural desire to think laterally
• Bring a commercial mindset and ownership mentality, balancing strategic thinking with a focus on delivering meaningful results.
• Strong communication and presentation skills with the ability to translate complex analytics into clear business narratives.
• Strong ability to build trusted relationships and collaborate effectively with stakeholders across a diverse and dynamic organisation.
• Strong technical skills and familiarity with analytical tools, coding languages such as SQL, Python, R, or equivalent is preferred.