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- Tasks: Lead pricing strategy and drive commercial outcomes in a dynamic insurance environment.
- Company: Join Markerstudy, a top UK insurance provider with a strong market presence.
- Benefits: Enjoy flexible hybrid working, private healthcare, yearly bonuses, and 28 days annual leave.
- Why this job: Be part of an innovative team transforming pricing strategies in a fast-paced culture.
- Qualifications: Strong experience in pricing management, communication skills, and a quantitative degree required.
- Other info: Opportunities for remote work with occasional office visits in Salford, Manchester, or Stoke-On-Trent.
The predicted salary is between 43200 - 72000 £ per year.
Two positions are available, Head of Pricing Transformation and Head of Specialist Pricing. We are looking for talented individuals to join a fast-paced, innovative company who are leaders in the insurance industry. These roles sit within our Retail Pricing division. Locations available: Peterborough, Manchester, Stoke-On-Trent (flexible hybrid working). We have offices based in the above locations, however, we are open to largely remote working with the occasional travel to an office.
Role purpose: The successful candidate is responsible for leading the pricing strategy in order to drive commercial outcomes across the company. This includes strategic leadership, team leadership, organisational awareness, ability to drive change, collaboration and innovation.
Key Responsibilities:
- Strategic ownership and leadership of pricing solutions
- Drive change to enhance profitability
- Combine pricing expertise and commercial acumen to deliver outcomes which optimise the P&L
- Ensure all activity is compliant with pricing governance and follows established controls
- Work closely with the Modelling & Optimisation Pricing Team and Street Pricing Team to ensure pricing models/approaches meet business objectives
- Manage relationships with key stakeholders around the business
- Manage a team of varying experience, including managers
About you:
- Exceptional commercial acumen
- Strong experience managing pricing teams and managers
- Strong communication skills across a variety of audiences, particularly with senior stakeholders
- Extensive experience owning general insurance products, including knowledge of current trends and issues
- Strong understanding of retail pricing optimisation
- Experience with predictive modelling techniques
- Experience in statistical and data science programming languages
- A quantitative degree
What we offer in return?
- A collaborative and fast paced work environment
- Private medical health care plan
- Yearly bonus scheme
- 28 days annual leave plus Bank Holidays and the ability to buy additional leave
- Life Assurance 4x annual salary
- Vibrant, modern offices
About the business: Markerstudy is a leading provider of private insurance in the UK, insuring around 5% of the private cars on the UK roads, 20% of commercial vehicles and over 30% of motorcycles in total premium levels of circa £1.2b. Markerstudy also has a large and growing direct presence in the market as well. Having acquired and successfully integrated Co-op Insurance Services in 2021, BGLi in 2022 & Atlanta in 2024. Markerstudy are now pursuing innovative pricing techniques, taking advantage of an award-winning insurer hosted rating platform, whilst challenging existing embedded processes.
Head of Pricing Transformation in Salford employer: Gerrard White
Contact Detail:
Gerrard White Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Pricing Transformation in Salford
✨Tip Number 1
Familiarise yourself with the latest trends in pricing strategies within the insurance industry. Understanding current market dynamics and innovative pricing techniques will help you stand out as a candidate who is not only knowledgeable but also forward-thinking.
✨Tip Number 2
Network with professionals in the insurance sector, especially those involved in pricing and analytics. Engaging in conversations with industry peers can provide insights into the role and may even lead to referrals, increasing your chances of landing an interview.
✨Tip Number 3
Prepare to discuss your experience with predictive modelling techniques and data science programming languages during interviews. Be ready to share specific examples of how you've applied these skills to drive commercial outcomes in previous roles.
✨Tip Number 4
Demonstrate your leadership capabilities by highlighting past experiences where you've successfully managed teams and driven change. Showcasing your ability to lead diverse teams and collaborate with stakeholders will resonate well with the hiring managers.
We think you need these skills to ace Head of Pricing Transformation in Salford
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in pricing strategy and team leadership. Use specific examples that demonstrate your commercial acumen and ability to drive change, as these are key attributes for the role.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background in general insurance products and retail pricing optimisation aligns with the company's goals and values.
Highlight Relevant Skills: Emphasise your experience with predictive modelling techniques and data science programming languages. Mention any quantitative degrees you hold, as this will strengthen your application and show your technical expertise.
Showcase Leadership Experience: Detail your experience managing teams, particularly in pricing roles. Provide examples of how you've successfully led teams to achieve commercial outcomes, as this is crucial for the Head of Pricing Transformation position.
How to prepare for a job interview at Gerrard White
✨Showcase Your Commercial Acumen
Make sure to highlight your understanding of commercial strategies and how they can drive profitability. Be prepared to discuss specific examples from your past experiences where your pricing strategies led to significant outcomes.
✨Demonstrate Leadership Skills
As a Head of Pricing Transformation, you'll need to lead a team effectively. Share your experiences in managing teams, particularly how you've motivated and developed team members to achieve their best performance.
✨Prepare for Technical Questions
Given the role's focus on predictive modelling and data science, brush up on relevant statistical techniques and programming languages. Be ready to discuss how you've applied these skills in previous roles to optimise pricing strategies.
✨Engage with Stakeholders
Since the role involves managing relationships with key stakeholders, prepare to discuss how you've successfully collaborated with various departments. Highlight your communication skills and provide examples of how you've navigated complex stakeholder environments.
