The Emerald Group Ltd, Search and Selection
MARKET PRICING MANAGER | 30004
London
Posted 1 day ago
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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
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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
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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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