Competitive Pricing Manager assists with the pricing analysis of revenue, market share, capacity, and competitor activity to provide pricing for products, geographies, and market segments aligned with products and sales strategy. Conducts market research and intelligence gathering and recommends pricing targets. Being a Competitive Pricing Manager maintains competitive pricing databases to monitor changes in the marketplace and their impact on new and existing products. Performs analyses to test customer price sensitivity and elasticity. Additionally, Competitive Pricing Manager typically requires a bachelor's degree in business or related discipline. Typically reports to a manager. The Competitive Pricing Manager supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Competitive Pricing Manager typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. (Copyright 2024 Salary.com)
What we have going for us:
An ideal candidate, in addition to actuarial skills, will be:
This game-changing career will give you the opportunity to lead pricing efforts, manage risk, and develop solutions to improve performance of the largest, and growing, product line at Physicians Mutual. In this role, you will get to initiate, organize, direct and analyze actuarial work. You will develop actuarial assumptions as well as direct, develop and maintain product pricing, profit studies, reserves, rate filings and related procedures. Must be able to compile and evaluate statistical data, and have advanced understanding of actuarial concepts and insurance knowledge and the ability to apply these concepts to the work.
Requirements:
Preferred:
About us:
Since our start in 1902, Physicians Mutual Insurance Company has held to our founder’s promise — to provide protection to families when they need it most. In 1970, Physicians Life Insurance Company was founded and became a member of the Physicians Mutual family.
Today, we offer health, life and retirement products to millions of people from all walks of life. We’ve been here for them. Listening. Answering questions. Empowering them with the specialized guidance they need to make confident decisions about their insurance.
Over the years, our dedication to delivering on our promise has helped make us one of the nation’s leading health and life insurance providers. In fact, we are rated in the top 1% of insurance companies. We consistently maintain some of the highest financial strength ratings in the nation from independent insurance analysts, including A.M. Best Company and Weiss Ratings, ensuring we’ll be there for our policyowners and our employees far into the future.
But the achievement we’re most proud of? We have a 95% customer approval rating – a true sign of a company dedicated to embodying its vision.
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