Applies subject matter expertise to evaluate and adapt the risk pricing strategy, in response to the changes in the market cycle and other external factors. Maintains dialogue with multiple stakeholders and offers own expertise in ensuring an accurate risk pricing and allocation policy is in place, which complies with the business plans and objectives.

Uses full knowledge of risk pricing and financing to measure the impact of rate changes on the business profitability, and makes recommendations on the policies needed to mitigate the impact. Ensures accurate rates calculation and assist the departments with complex pricing issues. Ensures proper risk transfer and allocation to manage the risk pricing.

Assists others across the teams in identifying the different factors impacting the pricing and transfer of risk. Conducts different risk pricing calculations and advises others on the appropriate methods and models to calculate risk rates. Defines the criteria and prepares plans for the allocation of risk to the cost centres.

Demonstrates specialised knowledge of the different risk factors and the risk financing transfer and allocation. Analyses and assesses the risks and set rates using suitable models and calculation formulas, as set by the organisation's policies. Uses own knowledge to administer the risk allocation and risk transfer plans.

Develops basic understanding of the potential risk factors and the risk financing transfer and allocation concepts. Applies the acquired basic knowledge and skills to calculate the risk rates in own area of responsibility, to be used for the allocation of risk to the cost centres.