Senior Pricing Consultant

Salary Range: 100200 to 115000 (Currency: USD) (Pay period: per-year-salary)

Joining Beam Benefits Means:

• Working in a complex and dynamic business, simultaneously serving customers across employee benefits insurance product lines and growth and service channels
• Collaborating with a diversely skilled team to continuously improve
• Being empowered as an owner and expert
• Being motivated by improving how people access employee benefits

What You Will Do:

• Pricing and GTM Strategy:
• 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


• Data Management & Deal Process Automation:
• 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.


• Market Intelligence:
• 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


• Pricing Tools and Solutions:
• 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 assessmentsMaintain and enhance pricing algorithms to improve efficiency and accuracy


• Pricing Governance:
• 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

What Skills Will Help You Be Successful:

• 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.

Nice to Have Skills:

• 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

Why Join Us?

• Strategic Leadership: Drive pricing, GTM, and underwriting strategy and initiatives that have a direct impact on business growth and profitability
• Business Focus: Work closely with all areas of the organization and leadership to achieve strategic goals
• Growth & Innovation: Be part of a team that is focused on innovation and continuous improvement across all operational areas