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Pricing Specialist


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Pricing Specialist

Dublin, Ireland | Permanent | Full time

Pricing Specialist

Full time | Dublin | Ireland

The Pricing and Insights department is responsible for the pricing of New Ireland Assurance's products. The department is a key driver of the company's strategic sales and profitability targets.

Key functions of the department include:

  • Product pricing (investment, savings, pensions, protection)
  • Pricing of Group Schemes (annuities, group risk, pensions)
  • Providing analysis and papers for pricing committee
  • Providing regular pricing to our distribution partners

The purpose of this role is to ensure that the pricing of our products is accurate, thorough and timely.

Key Accountabilities

  • Product Pricing. Ensure pricing is optimal and help drive the company's pricing strategy.
  • Market View. Monitor market developments to inform pricing competitiveness.
  • Data Focus. Leverage available internal and external data to enhance pricing process.
  • Governance and Reporting. Preparation and presentation of papers to Pricing Committee.
  • Stakeholder Engagement. Engage regularly with internal stakeholders, particularly our distribution and finance departments.
  • Team Work. Show flexibility to support daily pricing requirements of the team as required.

What is the opportunity

The successful candidate will have the opportunity to work in an agile team fully focused on driving the company strategy.

The role offers the opportunity to work with our distribution, actuarial & finance, risk, customer service and retention departments. It also offers the candidate regular dealings with senior management (MD, CFO, CRO, HOAF, Commercial Director) through presentations to pricing committee.

Essential Qualifications

Nearly/Newly Qualified Actuary

Essential Skills & Experience

  • Minimum 3 years relevant industry experience with good Life and Pensions product knowledge
  • Strong analytical capabilities
  • Excellent communication and interpersonal skills
  • Ability to balance priorities while still achieving a high standard of work.
  • Excellent Microsoft Excel skills


  • Life Assurance pricing experience
  • Solvency II experience
  • Prophet experience
  • Commercially focused with an interest in company strategy
  • Personal drive to exceed goals.

Key Competencies

  • Accountable - 1. Self
  • Agile - 1. Self
  • Customer Focused - 1. Self
  • Manage Risk - 1. Self
  • One Group, one team - 1. Self

Where Agency assistance is required Bank of Ireland Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Bank of Ireland by Recruitment Agencies will not be accepted for this role.

Closing date: Jan 28, 2020

Apply now

Our application form takes just minutes to complete. If you have any questions about our application, you can contact our recruitment team directly.


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