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Specialist Pricing

2 weeks ago

Johannesburg, South Africa Innovation Group Ltd. Full time

Innovation Group is shaping the future of mobility solutions through innovation, collaboration, and a commitment to excellence. To support our continued success, we’re seeking a detail-oriented and forward-thinking **Specialist Pricing** to join our team.

In this role, you’ll play a key part in designing pricing strategies that strike the perfect balance between competitiveness and profitability. By leveraging your expertise, you’ll ensure our pricing remains agile and aligned with industry trends while supporting the growth and sustainability of our products. If you’re ready to make a meaningful impact in a dynamic environment, this role is for you.

Qualification

Bachelor's degree in mechanical engineering or Statistics, Finance, Economics or similar Equivalent NQF Level 7 Qualification
Preferred
A Technical qualification in Automative Motor Mechanic or similar field

Knowledge and Experience

A minimum of 3 years of experience in product cost estimation and analysis within a pricing environment or a similar role, preferably in the Automotive or Short-term Insurance Industry.
Strong analytical and quantitative skills.
Proficient in data analysis and pricing software or tools.
Financial modelling and analytical skills
Proficiency in SQL and BI tools (e.g., Power BI)
Knowledge of techniques used or modern technology tools for analyzing data and implementing pricing initiatives

**Responsibilities**:

- Develop, maintain and implement optimal pricing models
- Determine and set pricing for all Service and Maintenance and other non-regulated products to ensure accuracy, competitiveness, and profitability.
- Evaluate the cause of loss ratios and other relevant factors to provide recommendations and assumptions for pricing models.
- Maintain and update pricing methodologies for different scenarios.
- Obtain and research relevant information to be incorporated into pricing strategies.
- Present data analytics and provide recommendations to management.
- Support and assist in various ad-hoc projects as needed
- Identify, assess, and mitigate risks associated with pricing strategies and models.
- Ensure that all pricing decisions comply with internal risk management policies and procedures.
- Manage and oversee the compilation and document writing of program development and subsequent revisions
- Ensure all pricing activities comply with relevant regulations and standards.
- Stay updated on regulatory changes and incorporate them into pricing strategies and methodologies Ensure compliance to organizational policies and procedures
- Understand the overall business and drive a customer service culture within the organization.
- Support and drive the new business process in alignment with internal and external requirements.
- Ensure deliverables are met as agreed in SLAs
- Adhere to and promote a positive customer experience for both internal and external customers
- Create a culture of ownership and accountability throughout the organization in support of our company values

What we offer
- Permanent contract
- A competitive salary
- Access to medical aid and provident fund
- Continuous learning and training.
- Hybrid Working Opportunities