econometrie-vacature.nl
Background
Nieuws

Price it right – how to optimise a portfolio's pricing strategy

Price it right – how to optimise a portfolio's pricing strategy

Nieuws
01-02-2024
Yiannis Parizas discusses a holistic approach to optimising a portfolio’s pricing strategy.

Pricing strategies are pivotal in insurance, particularly in personal lines. With so many quotes, policies and claims to consider, insurance companies must continuously refine and innovate their approaches. 

Pricing optimisation involves finding the most suitable price for a product or service in order to maximise revenue and profit. 

It entails analysing multiple factors, such as market demand, competition, production costs and customer behaviour, to identify the most effective pricing strategy. The aim is to strike a balance that optimises value for business and customer. 

During the pricing process, we evaluate the cost and likelihood of selling a product at various price points. The product of these factors represents expected profit. The price is then set at the point at which we anticipate achieving maximum targets. This concept is depicted in Figure 1, where a smoothly declining demand curve is shown in green.

Gerelateerde vacatures

Geïnteresseerd in een carrière bij organisaties in ditzelfde vakgebied? Bekijk hieronder de gerelateerde vacatures en vind de perfecte match voor jou!
NN
4.324 - 5.765
Medior
Den Haag
As a Data Engineer | Savings, Investments and Bancassurance at NN Bank, you build and modernize Azure data platforms, design scalable pipelines and data products, integrate batch/real-time sources, and ensure...
Achmea
5.918 - 8.940
Senior
Leiden
Als Senior Pricing Actuary PRT analyseer, modelleer en beoordeel je complexe pensioen- en risicovraagstukken; je ontwikkelt en verbetert pricingmodellen, vertaalt data naar scenarioanalyses en adviseert stakeholders over pricing, risico en...
Achmea
4.664 - 6.578
Junior, Medior
Zeist
Als Data Analist Zorginkoop bij Zilveren Kruis ontwikkel en onderbouw je zorginkoopbeleid met data-analyse. Je signaleert trends, vertaalt deze naar beleid, en ondersteunt zorginkopers met analyses. Werk samen met strategisch...
Van Lanschot Kempen
Marktconform
Medior, Senior
Amsterdam
Als AI & Data Specialist bij Van Lanschot Kempen ontwikkel je data- en AI-oplossingen voor beleggen: bouw robuuste data pipelines, ontsluit interne/externe data, ontwikkel AI-toepassingen en software, optimaliseer performance en...