Pricing Consultant - Bellville

Job title: Pricing Consultant - Bellville

Job Location: Western Cape, Bellville

Deadline: May 15, 2025

The overall purpose of the role:

• As a senior specialist within the pricing team, the Pricing Consultant is responsible for ensuring excellent client outcomes through fair, sustainable pricing and application of sound underwriting principles.
• This role involves balancing portfolio profitability with growth through new business acquisition and retention.
• The Pricing Consultant will play a significant role in maintaining excellent stakeholder relationships (both internal and external to Sanlam) by fostering trust and collaboration to build mutually beneficial long-term partnerships.
• The Pricing Consultant is also expected to identify and initiate business transformation projects that drive excellence through innovation.

Key Responsibilities:

Business Transformation:

• Initiate and drive business transformation projects.

Pricing and Profitability:

• Perform day-to-day Group Risk pricing work.
• Monitor ongoing profitability of existing client portfolio.

Management of Vulnerable Schemes:

• Pricing and benefit design of large and/or complex Group Risk schemes.
• Enable new business acquisition and profitable growth.
• Determining terms of new business.
• Review terms of existing business.

Client Relationship Management:

• Building and maintaining client relationships through service excellence and communication.
• Negotiation with clients, brokers, reinsurers, and internal stakeholders.
• Assistance in query and complaints resolution.

Product and Risk Management:

• Input into product design and risk management.
• Provide technical support to clients, cross-functional teams, and projects.
• Perform data analysis relating to emerging claims experience.

Team Collaboration and Development:

• Teamwork and collaboration with the quotes and revisions teams as well as other key service areas like sales, member management, claims, and underwriting.
• Take responsibility for own development and crafting of a personal development plan.
• Training and development of various stakeholders on Group Risk products and processes.
• Coaching of junior staff.