Senior Pricing Analyst

Sunlife; Southwestern Ontario; Hybrid; CAD 62,000 - 93,000; Full time

Benefits offered by this job

Hybrid work environment

15 vacation days per year

Flexible Benefits

Pension, stock and savings programs

Global Learning Centre

Job summary

Sun Life Financial is seeking a Senior Pricing Analyst to join the Group Retirement Services pricing team. You will support pricing for Defined Contribution plans and opportunities, interacting with senior management and cross-functional partners.

The role emphasizes financial analysis, pricing models, and clear communication of recommendations. Hybrid work and robust benefits are offered, with a focus on professional growth within a respected retirement services group.

Qualifications

• 3-5 years of experience in Group Retirement Services or Financial Services/Insurance.
• University degree in business, Finance or Economics (CPA/CFA/MBA assets).
• Strong analytical, mathematical, modeling and creative problem-solving skills.
• Ability to think strategically and provide alternatives using quantitative and qualitative info.
• Advanced Excel skills including Pivot Tables and V-lookups; proficiency in Word and PowerPoint.
• Excellent interpersonal, decision-making and influencing skills; strong communication across stakeholders.
• Ability to work effectively under tight deadlines.

Responsibilities

• Assess requirements, risks, competitive pressures and financial feasibility of Defined Contribution pricing cases.
• Use the Pricing Model to produce pricing scenarios and alternate fee options for new and existing Defined Contribution pension plans.
• Determine benchmark and recommend fees based on plan specifications.
• Participate in pricing strategy discussions with Marketing, Sales, IT, and senior management.
• Summarize analyses and recommendations to obtain pricing approvals per Pricing Guidelines.
• Propose and communicate pricing options/changes to executives and regional directors.
• Prepare Letter of Commitment for clients.
• Analyze requirements and costs for recordkeeping services in RFPs.
• Maintain and update Pricing Model and supporting infrastructure.

Skills

Analytical skills

Strategic thinking

Communication skills

Decision making

Cross-functional collaboration

Problem solving

Influencing skills

Education

University degree in business/finance/economics

CPA/CFA/MBA assets

Tools

Excel

Word

PowerPoint

Job description

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do.

At Sun Life, we're driven by our Purpose: helping our Clients achieve lifetime financial security and live healthier lives. Our values shape how we work: caring, authentic, bold, inspiring, and impactful.

When you join Sun Life, you'll work with passionate colleagues and empowering leaders who support your growth and celebrate your contributions, so you can make a meaningful difference in our Clients' lives.

Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description

About the role

Sun Life's Group Retirement Services has over 8,000 clients with $150 Billion in assets under administration. You believe life is about aiming high and making an impact. The Senior Pricing Analyst will report directly to the Manager, Pricing & Profitability. The successful candidate will be part of a team that supports all pricing aspects of Sun Life's Group Retirement Services' existing business and new business opportunities. This role also provides an excellent opportunity for an individual with solid financial, pricing or pension experience to transition into a wealth management environment. The role encompasses preparing pricing quotes for senior management’s approval using information provided by business development, pricing models and other analytical tools. The role has regular interactions with senior management and other teams in Group Retirement Services. The ability to identify relevant information for business decision making and communicating information in an effective manner to key stakeholders is a key requirement. The successful candidate will also assist with projects as required.

What will you do?

• Assess the requirements, risks, competitive pressures and financial feasibility of Defined Contribution pricing cases.
• Use the Pricing Model to produce pricing scenarios and alternate fee options for new and existing Defined Contribution pension plans.
• Use data to determine the appropriate benchmark and recommend fees that are appropriate based on the quantitative and service level specifications of the pension plan.
• Participate in discussions on the pricing strategy and assumptions with other stakeholders including: Marketing, Sales, IT, Plan Install, Investment Services, Fund Operations, Customer Relationship Executives, and Senior Management, where applicable.
• Summarize analyses and recommendations clearly and concisely to obtain pricing approvals according to established Pricing Guidelines.
• Propose and communicate pricing options/changes for new and existing plans to Customer Relationship Executives/Managers and Regional Directors of Business Development.
• Prepare Letter of Commitment Document to be presented to clients.
• Analyze the requirements and costs associated with the recordkeeping services identified in the Request For Proposal (RFP) received from Regional Directors of Business Development.
• Maintain and update Pricing Model and supporting infrastructure.

What do you need to succeed?

• 3-5 years of experience in Group Retirement Services or Financial Services/Insurance.
• University degree in business, Finance or Economics (Assets: CPA, CFA and/or MBA).
• Strong analytical, mathematical, modeling, and creative problem-solving skills.
• Ability to think strategically, apply relevant quantitative and qualitative information, and provide alternatives.
• Advanced skills in Excel (experience with Pivot Tables and V-look ups), proficiency in Word and Power Point.
• Excellent interpersonal, decision-making and influencing skills.
• Strong communication skills including experience working with cross functional stakeholders
• Ability to work effectively under tight deadlines.

What's in it for you?

• Hybrid work environment
• A friendly, collaborative, and inclusive culture
• 15 vacation days per year
• Flexible Benefits from the day you join to meet the needs of you and your family
• Pension, stock and savings programs to help build and enhance your future financial security
• The opportunity to move along a variety of career paths with amazing networking potential
• Access to our Global Learning Centre, available 24/7 for your learning needs
• Wellness programs that support the three pillars of your health – mental, physical and financial

Recent Awards

• We are honoured to be recognized as a 2022, 2023, 2024 and 2025 Best Workplaces in Canada by Great Place to Work® Canada
• Great Place to Work® list for Best Workplaces for #HybridWork 2022
• Great Place to Work® list for Best Workplaces for Professional Development in Canada 2022
• Named “Best Places to Work” by Glassdoor, 2021 and 2023

The Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results.

Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our Clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.

Persons with disabilities who need accommodation in the application process, or those needing job postings in an alternative format, may e-mail a request to [e-mail].

We are proud to be a hybrid organization that offers our employees the choice and flexibility to work from both the office and virtually based on the needs of the business, our Clients and you.

We may use artificial intelligence to support candidate sourcing, screening, interview scheduling.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

Salary Range

62,000/62 000 - 93,000/93 000

Job Category

Finance

Posting End Date

03/11/2026