Senior Appointment Completes MLC Life Group Insurance Team | MLC Life Insurance
Media release

20 July 2023

Senior Appointment Completes MLC Life Group Insurance Team

MLC Life Insurance has stepped up its group insurance team, appointing Brett Pickett as Head of Group Pricing to deliver on the business’s bold plan to offer both competitive and sustainable pricing in a move to secure major new partners.

“Super funds know we’re big enough to deliver and small enough to care,” says Mark Puli, Chief Group Insurance Officer for MLC Life Insurance, “they see our great offering to their members paired with a competitive approach to pricing that’s actually sustainable.”

“Watch this space,” he says. “We have big plans in group insurance which is why we’ve built out an incredible team to deliver on our promise to trustees and their members.”

“Trustees want the best outcome for their members in a strong and competitive market, and we’re serious about providing them with a very attractive offering,” Mark Puli says.

With this senior appointment, MLC Life Insurance has reiterated the depth of its industry-leading proposition to super funds across the board, from pricing and product, to claims and technology.

“We’re continuing to leverage our rich history being the best in claims and our deep expertise in sustainable pricing,” Mark Puli says.

“There’s a reason we’re the partner and engine room behind the past two winners of ChantWest’s best fund for insurance award,” he says, “and it speaks to our deep commitment to providing expertise and insight to trustees and their members.”

Following the recent appointment of Peter Smith to Head of Business Development, Brett joins a deep bench with runs on the board in delivering for significant partners, including Woolworths and Telstra Super.

“Bringing his deep strength in Group valuation, capita and value reporting with a risk lens that ensures sustainability, Brett will work closely with Jenny Liu and comes to lead a highly experienced team that have already successfully priced a number of winning tenders.”

The appointment of Brett Pickett to Head of Group Pricing solidifies the strengths of MLC Life in using pricing to provide insights about members’ needs to trustees as well as emerging trends about the way we think about insurance needs to give value to members.

“Brett has the actuarial and economic background to help navigate tough, risky and uncertain times, to ensure innovative solutions and pricing that’s sustainable and competitive over the cycle,” Mark Puli said.

Brett Pickett brings with him a rich understanding of sustainable and competitive pricing, and a strong risk and financial background that will lift the technical abilities of the team over time, continuing the journey of advanced modern pricing techniques, and allowing MLC Life to price more effectively to the needs of trustees and their members.

Brett has more than 20 years’ experience in insurance and economics, including as head of TAL’s Group risk finance team and most recently leading TAL Australia’s strategic capital and commercial solutions.

“MLC Life Insurance have an incredible history and longevity, while offering what I think is the best proposition to super funds in market,” Brett Pickett said, “and I couldn’t be more excited to help secure more partners and deliver that promise for life to more members.”

Brett commences in the role on 24 July.