Head of Retail Pricing
We are somewhat different
Hannover Re - over 4,000 employees at locations all over the world.
Our strength? Connecting Power: We rely on each other.
Our purpose? Beyond risk sharing – we team up to create opportunity
As a reinsurer, we protect customers in the event of a claim. This requires customised, innovative solutions. Solutions that worked yesterday may be outdated tomorrow. We challenge ourselves and continuously optimise our services, advice and products. All this makes us one of the leading and most profitable reinsurance groups in the world as well as a reliable employer.
We are a major player in the Life & Health reinsurance market in Australia and New Zealand and we have the benefit of being small and nimble but with the financial backing of one of the largest reinsurers in the world. We currently have an exciting opportunity in our Life & Health subsidiary in Sydney which plays a major part in the success of Hannover Re globally.
You can look forward to
We are seeking a Head of Retail Pricing to join our team. The role will be a permanent position reporting directly to our General Manager, Retail.
About the role
As Head of Retail Pricing you will be responsible for pricing, business development, in force management and other aspects of client management for Hannover’s retail and direct insurance and reinsurance business.
Duties and Responsibilities:
• Overseeing and managing pricing functions for Retail business including new business opportunities and in force management
• Preparing new business proposals including the commercial terms
• Managing the sustainability of in force business by working with clients and successfully implementing repricing
• Assisting the GM, Retail in carrying out the reasonable steps under FAR
• Participating in and contributing to marketing and business development activities
• Developing and maintaining a client network in the market and keep abreast of market development
• Engaging effectively with internal stakeholders, including seeking signoffs and onboarding
• Developing and maintaining pricing bases and tools
• Preparing and updating contract documents
• Leading the Retail Pricing team, setting and monitoring clear performance standards and providing ongoing guidance and positive reinforcement
You come equipped with
Experience & Qualifications:
• FIAA or equivalent
• Degree in Actuarial Science or other related field
• Minimum 10 years’ experience in financial services
• Exceptional business acumen and strategic commercial thinking
• Excellent people, relationship management and interpersonal skills
• Strong technical actuarial skills
• Ability to liaise at Board and senior level
• Excellent organisation, attention to detail, time management and ability to prioritise effectively
• Clear and effective communication both written and verbal
• Strong analytical and problem-solving skills
• Ability to work with minimal supervision and as part of a team
Personal Qualities:
• Strategic
• Resourceful
• Highly self-motivated
• Professional
• Versatile
• Diplomatic
It is a requirement that all applicants have unlimited rights to work in Australia i.e. must either be an Australian citizen or have permanent residency.
What do we offer you:
Are our values “Responsibility”, “Drive” and “We-Spirit” aligned with yours? We foster a culture of respect in our workplace, supporting and encouraging respectful communication and behaviours, acknowledging differences and honouring the people we interact with, taking the time to understand their needs and perspectives.
Atmosphere: You will find an international working environment with short decision channels, an open feedback culture and a sense of community shaped by mutual respect and a readiness to help.
Benefits: We value every individual and consider our people to be important to the success of our business with each of us working together to contribute to a common success. Structured onboarding, hybrid working arrangements, EAP as well as modern offers for personal development and wellness activities, we prioritise employee wellbeing and engagement.
Prospects: You contribute your specialist and methodological expertise, and we offer you fresh input and the opportunity to further develop your potential – including room to come up with innovative ideas and act on them!
Only together can we achieve our objectives.
Would you like to find out more about Hannover Re Australia? Visit our careers site: https://www.hannover-re.com/de/local-offices/australia/career/
We not only offer a job and a title, but if you are looking for an organisation which values its people and is “Somewhat Different”, then we want to hear from YOU! All you need to do is hit apply.
No agencies please.