Senior Pricing Analyst/ Pricing Manager - Master Trust

If you live in Australia or New Zealand, you've likely heard of AMP. But at a time when society is changing, we are too. We're now a nimbler business with new leadership and thinking.

For us, these are exciting times. There's a real potential for big thinkers to help us redefine what financial services could be. And turn our legacy into something even more positive and powerful for the future.

Help people create their tomorrow, while you create yours

We help people with their banking, super, retirement and finances. Through upturns, downturns, recessions, and major life transitions. Every day, we help people see and make more of their financial potential, so that they can create their tomorrow. And we've been doing it for over 170 years.

If we do our job well, we genuinely add to the prosperity of our country and its people.

How you'll make an impact

Contribute to the proactive management and optimisation of product margins for AMP's Master Trust portfolio, including execution of strategic programmes of work.

Influence the design of the Master Trust pricing offer, in accordance with the AMP Group and Trustee risk appetite statement, policies, applicable laws and regulations, to ensure AMP continues to offer value and sustainable pricing to enhance member outcomes.

• Support pricing related day-to-day management activities ensuring compliance with all product requirements, laws and regulations e.g. disclosure documents, product communications, incident and breach management, regulator requests, complaints, continuous improvement, product pricing simplification etc.
• Develop and maintain product financial performance and price benchmarking models to support commercial negotiations, pricing and profitability.
• Produce relevant pricing related material for inclusion in regular Trustee and Management Committee monitoring reports.
• Contribute to the development and successful delivery of Master Trust pricing initiatives supporting the overall AMP Superannuation & Investments strategy and roadmap.
• Engage with stakeholders to ensure a strong understanding of the pricing offer so that the product and pricing initiatives align with their needs/business model to optimise member outcomes.
• Contribute to the preparation of papers for various internal committees, outlining the impact of proposals/decisions (e.g. member impacts, shareholder impacts, risks etc).
• Provide input into relevant internal and member facing communications, including disclosure documents, significant event notices and various change management documents.
• Support compliance and maintenance of risk controls and operational processes that relate to Master Trust fees and costs.
• Provide support to AMP Investments on pricing related BAU matters and initiatives as required
• Review calculations and methodology for incident/breach remediation.
• Produce relevant pricing related content in Member Outcome Product Assessments and Product Determinations.
• Contribute to a sustainable high performing team culture, that ensures the team has a strong brand and recognition.

What you will bring to the team

Ideally, you will bring the following experiences to this role:

• 3-5 years' experience, preferably within the financial services industry.
• Tertiary qualified in a relevant business discipline.
• Actuarial / accounting/ finance background and experience preferred.
• Demonstrated experience in margin and profit management.
• Sound understanding of the superannuation industry, competitors, and the legislative and compliance environment.
• Ability to identify and build pricing capabilities including methodologies, assumptions and financial models with very keen attention to detail.
• Good understanding of general business and financial metrics and the ability to understand the implications of various business plans and initiatives on financial outcomes.
• Accountable for activities of end-to-end pricing projects - strategy, design, engagement, proposal, client communication and implementation
• Ability to draft papers to senior leaders for key pricing proposals.
• Strong communication skills, both written and verbal - able to explain complex financial concepts.
• Ability to interpret and analyse relevant data to identify issues, trends and emerging problems.
• Solid diagnostic skills - adept at providing advice and solutions to issues.
• Strong data analytical and financial modelling skills.
• Strong Excel skills.
• R programming experience is a bonus.

You'll thrive here if…

If you can adapt from BAU to the ambiguous with ease, you'll do well here. Change is never easy, so bring your commitment, grit and growth mindset.

Because we run lean, you'll be expected to jump in and deliver across a variety of areas. Meaning, you'll be closer to the action and executive decisions that influence where we go next.

If you're someone that can hold their own, you'll find AMP quite liberating.

Why we think you'll love working at AMP

Doing what we've always done is not an option, so your clever ideas will get airtime here. You'll be encouraged to speak up and try new things. If they don't work, we move on - better for it.

We know there's no one way of doing things. So, you won't have to sacrifice who you are or how you work to fit in here. We're inclusive and flexible in many of the ways you'd expect. And in some of the ways you wouldn't. As long as your health and wellbeing come first - at home and at work.

In fact, most of what makes AMP such a welcoming, enjoyable place to work are our people. Wherever you go, you'll find moments to connect, feel valued and do meaningful work.

Whether it's through our first-class leaders who are invested in you and your success. Through year-round opportunities to volunteer, fundraise and give back to the community. Or in the everyday challenges you face as we work together to strengthen this great organisation. Challenges that will stretch you, amplify your potential and compound the impact you have.

We believe in the power of inclusion and diversity

We're dedicated to fostering inclusion, diversity, and a warm feeling of belonging at AMP. It sparks creativity, ignites innovation, and turns up the dial on the quality of our decisions and performance. This not only makes our workplace more engaged, but also leads to better connections with our customers.

We're your allies in the search for the perfect fit - when you apply, let us know how we can support you to put your best self forward during our selection process.

We're also committed to enhancing employment opportunities for Aboriginal and Torres Strait Islander people, so we enthusiastically encourage candidates from these backgrounds to apply and explore our Reconciliation Plan on our website.

Ready to create your tomorrow?

If you're someone who sees opportunity where others see challenge, come and work with us in smart, progressive ways as we transform an iconic Australian brand for the future. And, through a series of career-defining moments, create your own tomorrow.

Don't procrastinate! We review applications when we get them, and if we discover the ideal candidate, we may close the role earlier than the advertised close date.

Looking forward to meeting you.