Overview Key responsibilities including but not limited to:

  • Work closely with their Head of Pricing to deliver pricing strategy, deputising where needed
  • Lead the development and refinement of pricing strategy in collaboration with the Head of Pricing, providing leadership and guidance to the pricing team
  • Own market pricing activities including development of their demand, elasticity, and market pricing models and own and develop their pricing optimisation framework
  • Providing inputs into the management and development of their lifetime value modelling and multi-year price optimisation models and strategic approach
  • Monitor market trends and extract insight on competitor benchmarking to make rate recommendations
  • Build a strong relationship with marketing and keep the business informed of their competitive position and conversion performance in their trading meetings
  • Support the Head of Pricing as needed to act as pricing representative in trading meetings to put forth pricing viewpoints on trading performance and upcoming changes
  • You'll communicate results effectively to realise business gains from valuable insight and present rate recommendations to senior stakeholders, external parties, and pricing committees
  • Support and peer review analysts with line management responsibility for one pricing analyst Qualifications Required
  • Ideally, you'll already be a Pricing Manager or experienced senior analyst with technical pricing skills looking to step up
  • Owing to the nature of the role, they will need you to have a degree-level qualification (or equivalent) in Mathematics, Science, Engineering, or a related degree, with a minimum of a 2:1 classification Experience Required
  • You have strong commercial experience in a pricing role, preferably direct or aggregator-led personal lines insurance
  • You'll be an expert in predictive modelling and price optimisation with exposure to the latest emerging techniques in these domains such as machine learning and AI
  • You're up to date with technical developments in the insurance industry and best practice in actuarial methods
  • You're a confident user of pricing tools, systems, and languages such as Python, SQL, Earnix, Radar or similar

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