# Renewal Business Pricing, Analyst

**Company**: AIA
**Location**: Kuala Lumpur, MY-AIA Malaysia
**Experience**: senior
**Job type**: full-time
**Category**: Finance
**Industry**: Insurance
**Wikidata**: https://www.wikidata.org/wiki/Q30255387

**Apply**: https://aia.wd3.myworkdayjobs.com/en-US/External/job/Kuala-Lumpur-MY-AIA-Malaysia/Renewal-Business-Pricing--Analyst_JR-68774?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_e0d08603-2e0

## Description

At AIA, we've started an exciting movement to build a healthier, more sustainable future for everyone.

**About the Role**

As a Renewal Business Pricing, Analyst, you will perform re-pricing for existing clients and prepare meaningful insight and analysis presentations.

**What You Will Do:**

- Assist in renewal business strategic pricing execution, promptly and effectively.

- Assist in providing leadership to ensure proposed pricing aligns with agreed policies and guidelines within service level agreements.

- Provide guidance to staff on a solution-driven approach to meet customer needs, combining technical and business intuition.

- Assist in providing guidance to the team on in-depth analysis, consultative insights, and solutions for clients.

- Continuously look for opportunities to improve pricing capability within the team, including pricing methodology reviews, pricing and underwriting skills, computing skills, business intuition, data analysis, and system knowledge.

- Develop, maintain, and update pricing models, ensuring alignment with agreed rules, policies, guidelines, and service level agreements.

- Provide in-depth trend analysis, benchmarking, and insights to clients, making professional recommendations and articulating them in a presentable way.

- Prepare SLA/TAT reports in a timely manner.

- Collaborate with the Analytics Team to determine the right Cost and Utilization Report modelling capable of producing accurate and useful analysis for clients.

- Work closely with the Medical Team to institutionalize the methodology in preparing trend analysis, benchmarking, and insights that factor in cost containment.

- Assist in the team's capability development, both technical and soft skills.

- Plan and manage team resources effectively, utilizing individual strengths and work styles.

- Contribute to projects and initiatives as a Subject Matter Expert.

**What You Will Need:**

- Bachelor's degree in Actuarial Science, Finance, or equivalent with a minimum of 6 years of related working experience in the insurance industry.

- Experience in Health Actuarial, Group Business Underwriting, Medical Pricing, and/or Employee Benefits.

- Experience in pricing modelling, including development and application.

- Strong business and commercial awareness, with the ability to see things from the customer's perspective.

- Proficiency in statistical and computing skills, such as MS Excel and SQL.

- Strong analytical skills, with the ability to translate insights into decisions.

- Ability to work in an environment with constantly evolving priorities and adapt to change.

- Can-do personality, creative and innovative in problem-solving.

- Excellent prioritization, execution, and multi-tasking skills, with a strong sense of urgency and commitment to meeting performance targets.

- Hard-working, disciplined, and proactive in developing personal and technical skills.

## Skills

### Required
- Actuarial Science
- Finance
- Pricing Modelling
- MS Excel
- SQL
- Data Analysis
- Business Acumen

### Nice to have
- Health Actuarial
- Group Business Underwriting
- Medical Pricing
- Employee Benefits

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Source: [Apply at aia.wd3.myworkdayjobs.com](https://aia.wd3.myworkdayjobs.com/en-US/External/job/Kuala-Lumpur-MY-AIA-Malaysia/Renewal-Business-Pricing--Analyst_JR-68774?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)
