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!
ING
6.728 - 10.753
Senior
Amsterdam
Als Risk Model Strategy & Monitoring Specialist bij ING stuur je de Group-wide IRB/IFRS 9-modelstrategie, versterk je governance en monitoring, signaleer je modelrisico’s en vertaal je analyses naar heldere keuzes...
PIA Group Hoofdkantoor
70.000 - 90.000
Junior, Medior
Utrecht
Als Business Analyst AI Products bij PIA Group verbind je accountantspraktijk en productteam: je vertaalt werkprocessen naar AI-eisen, definieert goede uitkomsten incl. uitzonderingen/btw, test met praktijkcases en meet gebruik en...
APG
Marktconform
Senior
Amsterdam
Als (Senior) Portfolio Manager Private Equity – Fund Investments bij APG Asset Management speel je een cruciale rol in het uitvoeren en monitoren van primaire fondsverbintenissen. Je beoordeelt investeringskansen, monitort...
ING
7.499 - 11.925
Senior
Amsterdam
As a Risk Model Oversight Expert at ING, you oversee regulatory credit risk model changes, challenge and advise senior risk stakeholders, support approvals and IMI quality assurance, coordinate IRB/IFRS9 model...