Senior Pricing Analyst

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.

At Sun Life, we're driven by our

Purpose:

helping our Clients achieve lifetime financial security and live healthier lives. Our values shape how we work: caring, authentic, bold, inspiring, and impactful.

When you join Sun Life, you'll work with passionate colleagues and empowering leaders who support your growth and celebrate your contributions, so you can make a meaningful difference in our Clients' lives.

Discover how you can make a difference in the lives of individuals, families and communities around the world.

Sun Life's Group Retirement Services has over 8,000 clients with $150 Billion in assets under administration. You believe life is about aiming high and making an impact.

The Senior Pricing Analyst will report directly 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' existing business 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 key stakeholders is a key requirement.

The successful candidate will also assist with projects as required.

• 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 existing 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.

• 3-5 years of experience in Group Retirement Services or Financial Services/Insurance.
• University degree in business, Finance or Economics (Assets: CPA, CFA and/or MBA).
• Strong 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 (experience with Pivot Tables and V-look ups), proficiency in Word and Power Point.
• Excellent interpersonal, decision-making and influencing skills.
• Strong communication skills including experience working with cross functional stakeholders
• Ability to work effectively under tight deadlines.

• Hybrid…