Job Title: Household (HH) Pricing Manager (Full-Time, Part-Time, Job-Share, Flexible Options Available)
Contract Type: Permanent
Salary Range: Circa £80k DOE
Location: Eastleigh - Hybrid Working
Work Level: 4
Household (HH) Pricing Manager
We are seeking a highly skilled Household (HH) Pricing Manager to oversee pricing strategies and risk assessment processes for our Household products. This pivotal role involves optimising profitability, managing risk, and ensuring alignment of pricing strategies with business objectives. You will collaborate closely with underwriters, actuaries, and data scientists to develop and implement pricing models, analyse market trends, and drive data-driven decision-making.
Key Responsibilities:
- Lead, develop, and coach a team of Lead, Senior, and Pricing Analysts (circa team of 4).
- Manage trading positions to meet targets.
- Approve predictive and machine learning models, ensuring adherence to best practices.
- Oversee data enhancement and governance for accurate modelling and monitoring.
- Develop, maintain, and deploy pricing models.
- Compile and present results to the pricing committee, offering data-driven recommendations.
- Manage rate releases and review rates in the live environment.
- Create a comprehensive view of pricing performance, integrating MI, modelling results, and company targets.
- Prepare budgets and forecasts for pricing projects.
- Coordinate pricing decisions across teams and stakeholders.
- Project manage the entire price control cycle.
- Provide insights to senior management and heads of department.
- Represent Senior Managers and the Head of Pricing in meetings, as required.
- Stay updated on external market developments and integrate insights into pricing strategies for better customer outcomes.
What We're Looking For:
- Extensive experience in insurance pricing or a related analytical background.
- Strong skills in programming languages (e.g., SAS) for data manipulation.
- Experience with predictive modelling techniques (e.g., Logistic Regression, GLMs, GBMs).
- Proficiency in programming languages such as R, Python, or SQL.
- Experience with tools like Emblem, Radar, and Data-bricks.
- Proven ability to coach junior staff and develop pricing skills within the team.
- Self-motivated with a strong initiative and energy to drive results.
Benefits:
- Flexible Working: Options for full-time, part-time, job-share, and flexible hours. Minimum of 35 days holiday (including bank holidays) with the ability to buy and sell days.
- Health Support: Includes dental insurance, health cash plans, mental health first aiders, yoga, and mindfulness sessions.
- Wealth Support: Annual bonus schemes, competitive pension, employee savings, and loans.
- Work-Life Balance: Return-to-work programs, sports and social events, life assurance for partners, and more.
- Tech Discounts: Deals on wearables, tablets, laptops, and other gadgets.
About Us:
We are a leading organisation in the UK's insurance sector, serving millions of customers. Our commitment to diversity and inclusion is reflected in our various employment charters and initiatives. We strive to create a dynamic and innovative workplace where everyone thrives.
Interested?
Join our winning team and make an impact where people come first! Click Apply Now to start your journey with us.