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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