Pricing Manager
An exciting opportunity for a Pricing Manager to join a growing Pricing function. As a Pricing Manager you will lead the technical pricing strategy for certain insurance products, managing a team of analysts to ensure accurate risk pricing and the development of sophisticated pricing models. Your role is pivotal in balancing model updates with strategic enhancements, setting the long-term direction for risk pricing.
In this role, you will collaborate with cross-functional teams to build, monitor, and refine risk pricing models, manage projects, and analyse data to improve our models’ predictive power and market positioning. You will ensure that team processes are completed accurately, on time, and that any deviations are properly communicated and resolved. As a strong team player, you’ll actively listen to stakeholders, anticipate their needs, and ensure that rating actions are effectively communicated and implemented.
Key responsibilities of the Pricing Manager:
- Ensure rigorous and high-quality analysis across all tasks.
- Lead the development, maintenance, and deployment of rating models.
- Evaluate the impact of pricing decisions on customers, taking steps to prevent unfair treatment.
- Uphold code quality standards in line with expectations.
- Cultivate strong relationships with managers, peers, and stakeholders.
- Manage and develop the skills of your direct reports.
Experience required:
- As a Pricing Manager, extensive experience in personal lines, particularly in Motor, Home, Travel, or Private Medical insurance, is essential.
- You should possess expertise in predictive modelling techniques such as GLM, GBM and/or machine learning methods.
- You should possess significant experience with Radar and Emblem; building and developing models would be highly advantageous.
- Proficiency in Python coding with a solid understanding of the entire insurance pricing process and various statistical modelling techniques
- You should be able to thrive in a fast-paced, constantly evolving environment. An innovative mindset with a continuous desire to learn and develop skills would be highly advantageous.
- Prior experience of managing a pricing or analytical team would be beneficial, although our client is open to considering candidates looking to undertake a managerial role for the first time.
- Strong communication and influencing skills are essential. You should be well-organised, with the ability to manage time and documentation efficiently.
- Experience in collaborating with teams to influence decisions and convey complex concepts clearly is highly valued.
BENEFITS
- Flexible working options
- Annual performance-based bonus
- 25 days annual leave, with the option to purchase additional days
- Pension scheme with up to 10% matched contribution
- Life assurance
- Private Medical Insurance
- Income protection
- Wellbeing programme
- Discounted gym membership
- Cycle-to-work scheme
- Retail discounts
To provide every candidate with an equal opportunity to demonstrate their skills throughout the recruitment process, we may need to make certain adjustments. If you have a physical or mental health condition or disability that requires accommodations, please reach out to us at info@sb.associates to discuss your needs. All information shared will be handled in line with our data protection policy.