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Insurance pricing teams – how they’re impacted by the talent challenge

The talent retention challenge in pricing

Pricing practitioners are valuable assets for insurance companies, Swain said, but they often prove quite hard to retain. That’s for several reasons, including that these tend to be very analytical, curious-minded people who prefer stimulating, fast-changing work. “I also think they’re quite easily frustrated by inefficient processes, or tools that aren’t up to date – anything that prevents them from doing what really interests them, which is pricing analytics and solving interesting problems with interesting tools and techniques.”

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