Sun Life Financial
Job title:
Senior Pricing Analyst
Company
Sun Life Financial
Job description
You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You’ll work with dynamic colleagues – experts in their fields – who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you’ll have new and exciting opportunities to make life brighter for our Clients – who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.Job Description:The Senior Pricing Analyst will report to the Manager, Pricing & Profitability. The successful candidate will be part of a team that supports all pricing aspects of Sun Life’s Group Retirement Services in-force and new business opportunities. This role also provides an excellent opportunity for an individual with solid financial, pricing or pension experience to transition into a wealth management environment.The role encompasses preparing pricing quotes for senior management’s approval using information provided by business development, pricing models and other analytical tools. The role has regular interactions with senior management and other teams in Group Retirement Services. The ability to identify relevant information for business decision making and communicating information in an effective manner to stakeholders is a key requirement.What will you do?Assess the requirements, risks, competitive pressures and financial feasibility of Defined Contribution pricing cases.Use the Pricing Model to produce pricing scenarios and alternate fee options for new and in-force Defined Contribution pension plans.Use data to determine the appropriate benchmark and recommend fees that are appropriate based on the quantitative and service level specifications of the pension plan.Participate in discussions on the pricing strategy and assumptions with other stakeholders including: Marketing, Sales, IT, Plan Install, Investment Services, Fund Operations, Customer Relationship Executives, and Senior Management, where applicable.Summarize analyses and recommendations clearly and concisely to obtain pricing approvals according to established Pricing Guidelines.Propose and communicate pricing options/changes for new and existing plans to Customer Relationship Executives/Managers and Regional Directors of Business Development.Prepare Letter of Commitment Document to be presented to clients.Analyze the requirements and costs associated with the recordkeeping services identified in the Request For Proposal (RFP) received from Regional Directors of Business Development.Maintain and update Pricing Model and supporting infrastructure.What do you need to succeed?University degree in Business, Finance or Economics (Assets: CPA, CFA and/or MBA).3-5 years of experience in Group Retirement Services or Financial Services/Insurance.Analytical, mathematical, modeling, and creative problem-solving skills.Ability to think strategically, apply relevant quantitative and qualitative information, and provide alternatives.Advanced skills in Excel, proficiency in Word and Power Point.Interpersonal, decision-making and influencing skills.Ability to work effectively under tight deadlines.What’s in it for you?Time off giving you the flexibility to focus on the moments that matter including 15 vacation days per yearFlexible Benefits from the day you join to meet the needs of you and your familyPension Plan participation starts immediately, and you are automatically enrolled. We help you save more with Sun Life automatic and matching contributions and by including both your salary and bonus when making contributions.The opportunity to move along a variety of career paths with amazing networking potentialFlexible hybrid work modelWork and professional development that is united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier livesA friendly, collaborative, and inclusive cultureWe’re honoured to be recognized as a 2024 Best Workplace in Canada by Great Place to Work® CanadaSun Life ranked one of the 2024 Global 100 Most Sustainable Corporations in the World on the Corporate Knights’ 2024#LI-HybridThe Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results.Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to .At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.Salary Range: 54,000/54 000 – 91,000/91 000Job Category: FinancePosting End Date: 29/03/2025
Expected salary
$54000 – 91000 per year
Location
Canada
Job date
Wed, 26 Mar 2025 07:02:23 GMT
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