Pricing Manager
Job Description
This vacancy has now expired. Please see similar roles below...
Responsibilities:
- Develop, implement and monitor pricing optimisation strategies across core insurance products and against stretching financial targets
- Development and maintain a strong working relationships with the senior team and third party partners
- Identify and direct innovative and compelling modelling techniques and use of technology to support and enhance commercial objectives
- Support and provide direction to cross-functional and cross-company teams
- Build business cases and pricing proposals for senior stakeholders
- Demonstrate strong understanding of the market, competitors' strategies and customers' behaviour and needs
- Build, implement and monitor new pricing models that deliver more pricing benefit
- Lead and develop the Pricing team using the latest pricing innovations and ensure the team are fulfilling their potential
- Responsible for ensuring compliance with any specific legislative, regulatory, or contractual requirements
Requirements:
- Proven experience of managing and leading a team of pricing analysts
- Responsible for delivery and enhancement of predictive models to optimize profitability
- Develop process for continuous improvement and refresh of models
- Detailed understanding of appropriate statistical techniques for modelling
- Advanced knowledge and experience in pricing software
- Excellent knowledge and understanding of optimization techniques
- Good understanding of data science techniques and machine learning
- Degree in mathematics/data science related discipline
- Up to date knowledge of regulations impacting the use of data
- Proven ability to create and sustain positive relationships
- Good market knowledge of insurance products and their commercial components
- UK experience only please!
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