Senior Pricing Analyst

Sun Life Financial; Southwestern Ontario; Ibrido; CAD 62.000 - 93.000; Tempo pieno

Vantaggi offerti da questo lavoro

Hybrid work environment

Generous vacation (15+ days)

Competitive pension and benefits

Descrizione del lavoro

Sun Life Financial seeks a Senior Pricing Analyst for its Group Retirement Services. You will prepare pricing quotes, assess financial feasibility, and work with Marketing, IT, Plan Install, Investment Services, and senior management to optimize defined contribution pricing strategy.

The role requires 3–5 years in Group Retirement Services or Financial Services, a business/finance degree (CPA/CFA/MBA preferred), and advanced Excel skills. Hybrid work and strong growth opportunities available.

Competenze

• 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 quantitative and qualitative information, and provide alternatives.
• Advanced Excel skills (Pivot Tables and V-lookups), Word and PowerPoint.

Mansioni

• 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 based on specifications of the plan.
• Communicate pricing options/changes to stakeholders and management for approvals.
• Prepare Letters of Commitment and analyze RFP costs for pricing decisions.
• Maintain and update Pricing Model and supporting infrastructure.

Conoscenze

Analytical thinking

Cross-functional collaboration

Strategic thinking

Communication

Formazione

University degree in Business/Finance/Economics

CPA/CFA/MBA (preferred)

Strumenti

Excel

Pivot Tables

V-lookup

Word

PowerPoint

Descrizione del lavoro

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

Shine together At Sun Life, you can be your most brilliant self. Our supportive, flexible, and inclusive work environment is one where you – and your career – can thrive. Whatever your aspirations, collaborative leaders and colleagues are ready to help you learn, grow, and succeed. Make life brighter We’re a global company with a passion for people. Our purpose is to help Clients achieve lifetime financial security and live healthier lives. As a team of 30,000 across 26 countries, our impact is far-reaching, and locally relevant There’s power in numbers. As part of Sun Life’s growing team, you have an impact on people in your community and around the world.

Shape the future With an optimistic eye on a brighter future, we drive to innovate. Be part of leading change, push boundaries and try new ways of working. Use data to drive bold actions. Be agile and pivot as we test and learn. At Sun Life, we’re driving transformation, sustainability and innovation for our Clients, employees, partners, and communities. Join us. Together, we can make the future brighter. Join a top employer for a brighter future. Visit Sun Life Careers