Full-Time
Senior Pricing Consultant
Beam
11-50 employees
Platform for managing emergency aid programs
Compensation Overview
$100.2k - $115k/yr
Senior
Columbus, OH, USA
Remote
- 5+ years of experience in insurance pricing, pricing analysis, or risk assessment.
- Strong knowledge of price modeling, data analysis, and machine learning techniques.
- Experience and understanding of data structures and data querying for data analysis and predictive modeling.
- Familiarity with pricing techniques, and risk & customer segmentation methodologies.
- Experience with insurance products, underwriting guidelines, and regulatory compliance.
- Strong communication and presentation skills with the ability to translate technical findings into business insights.
- Experience in analyzing business metrics and using data to make strategic decisions.
- Ability to work independently and collaboratively in a fast-paced environment.
- Develop and refine pricing strategies and models to optimize profitability and market competitiveness.
- Collaborate with product and sales teams to align pricing strategies with go-to-market (GTM) initiatives.
- Analyze customer segments and pricing elasticity to create targeted pricing recommendations.
- Support the development of dynamic pricing strategies that respond to market fluctuations and customer behavior.
- Provide insights into distribution channel pricing impacts and recommend adjustments for profitability.
- Day-to-day deal management and deal pricing.
- Assess underwriting policies and recommend improvements to enhance risk assessment and decision-making.
- Work with technology teams to integrate automated pricing solutions to improve efficiency and accuracy.
- Optimize pricing guidelines to improve turnaround times without increasing risk exposure.
- Identify key pricing metrics and develop dashboards to track performance.
- Train and support team members on new automated tools and digital pricing frameworks.
- Conduct in-depth market research and competitive analysis to identify industry trends and pricing benchmarks.
- Monitor regulatory changes and ensure pricing and underwriting strategies remain compliant.
- Develop reports on emerging risks, market disruptions, and competitor strategies.
- Engage with industry groups and networks to stay updated on best practices and innovations.
- Evaluate and implement pricing tools to enhance modeling capabilities and decision-making.
- Develop user-friendly pricing dashboards to support business.
- Work with IT and actuarial teams to automate pricing calculations and risk assessments.
- Maintain and enhance pricing algorithms to improve efficiency and accuracy.
- Establish and maintain governance frameworks for pricing approval and monitoring.
- Ensure compliance with internal policies and external regulatory requirements.
- Conduct periodic reviews of pricing structures to ensure alignment with business objectives.
- Develop risk management strategies to mitigate pricing volatility and underwriting risks.
- Experience in insurance, insurtech, or fintech
- Experience in employee benefit insurance
- Hands-on experience with big data analytics and working with large, unstructured datasets
- Experience developing and implementing customer lifetime value (CLV) models for insurers
- Professional certifications such as ACAS, FCAS, CPCU, or equivalent are a plus
Edquity provides a platform that helps educational institutions manage emergency aid programs for students facing financial difficulties. The platform simplifies the process of distributing emergency funds by handling application intake, assessing need and equity, and ensuring rapid disbursement of funds, often within 48 hours. This system is designed to comply with federal regulations, making it easier for schools to support students in need. Edquity differentiates itself from competitors by focusing specifically on the education sector and offering detailed reporting features that help institutions maintain compliance with Department of Education requirements. The goal of Edquity is to ensure that students receive the financial support they need to continue their education and to assist schools in managing these aid programs effectively.
Company Size
11-50
Company Stage
Series A
Total Funding
$22.6M
Headquarters
New York
Founded
2012
Simplify's Take
What believers are saying
- Partnerships with fintech can enhance financial aid services with innovative payment solutions.
- Growing interest in data analytics can improve Edquity's reporting and predictive analytics features.
- Increased focus on mental health support offers integration opportunities with financial aid services.
What critics are saying
- Increased competition in EdTech could dilute Edquity's market share.
- Potential changes in federal regulations may require costly platform updates.
- Economic downturns may reduce funding for institutions, impacting Edquity's revenue.
What makes Beam unique
- Edquity offers rapid aid disbursement, often within 48 hours, ensuring timely support.
- The platform complies with federal regulations, aiding institutions in maintaining compliance.
- Edquity's technology-driven platform streamlines emergency aid distribution, enhancing efficiency.
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Benefits
Medical, dental, vision, disability, & life insurance
401k options
Unlimited PTO
Remote work
Flexible hours
Parental leave
Desk stipend
Continuous learning stipend
Company social events
Growth & Insights and Company News
6 month growth
↑ 6%1 year growth
↑ 6%2 year growth
↑ 0%And Scholarship America, the nation's largest designer and administrator of scholarship programs, is proud to be partnering with Beam to expand the reach, impact and accessibility of emergency aid for students in need.
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