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- Tasks: Lead a team to develop innovative pricing solutions in a fast-paced environment.
- Company: Join Markerstudy, a top UK insurance provider with a vibrant and modern workplace.
- Benefits: Enjoy flexible hybrid working, private healthcare, 28 days leave, and life assurance.
- Why this job: Be part of a dynamic team shaping the future of insurance pricing with cutting-edge techniques.
- Qualifications: Experience in managing pricing teams and a quantitative degree or equivalent experience required.
- Other info: Opportunities for remote work with occasional office visits in London, Manchester, or Peterborough.
The predicted salary is between 43200 - 72000 £ per year.
Pricing Manager and Principle Pricing Analyst
Join to apply for the Pricing Manager and Principle Pricing Analyst role at Thinkways Software Technologies Pvt. Ltd.
Pricing Manager and Principle Pricing Analyst
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Join to apply for the Pricing Manager and Principle Pricing Analyst role at Thinkways Software Technologies Pvt. Ltd.
Pricing Manager / Principle Pricing Analyst
Pricing Manager / Principle Pricing Analyst
Locations available: Peterborough, Manchester, Stoke-On-Trent or London (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.
We\’re looking for talented individuals at multiple levels (Principal Analyst and Pricing Manager) to join a fast-paced, innovative environment who are leaders in the insurance industry.
Role purpose
Responsible for mentoring or leading a team of analysts to develop and deliver pricing solutions that support and influence the company\’s strategic goals.
This includes team leadership, strategic input and process management. The role combines technical expertise with people management and cross-functional collaboration.
Key Responsibilities
- Strategic input into pricing solutions.
- Effective management of pricing processes.
- 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 to ensure pricing models/approaches meet business objectives.
- Manage relationships with key stakeholders around the business.
- Manage, mentor and coach more junior members of the team.
Key Skills, Knowledge And Experience Required
- Experience mentoring or managing pricing teams.
- Experience managing general insurance products, including knowledge of current trends and issues.
- Strong commercial acumen
- Strong communication skills across a variety of audiences
- Experience with predictive modelling techniques
- Experience in statistical and data science programming languages
- Exposure to or expertise in WTW\’s Radar, Emblem software or Earnix software.
- A quantitative degree (Mathematics, Statistics, Engineering, Physics, Computer Science, Actuarial Science) or qualified by experience
- Strong understanding of retail pricing optimisation and concepts (advantageous, but not essential)
What we offer in return?
- A collaborative and fast paced work environment
- Private medical health care plan
- 28 days annual leave plus of 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.
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Seniority level
-
Seniority level
Mid-Senior level
Employment type
-
Employment type
Full-time
Job function
-
Job function
Marketing and Sales
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Pricing Manager and Principle Pricing Analyst employer: Thinkways Software Technologies Pvt. Ltd.
Contact Detail:
Thinkways Software Technologies Pvt. Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Manager and Principle Pricing Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in pricing strategies within the insurance industry. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a fast-paced environment.
✨Tip Number 2
Network with professionals in the insurance sector, especially those who work in pricing roles. Engaging with them on platforms like LinkedIn can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your technical skills, particularly in predictive modelling and data science programming languages. Being able to discuss your experience with tools like WTW's Radar or Emblem can set you apart from other candidates.
✨Tip Number 4
Prepare to showcase your leadership abilities by thinking of examples where you've successfully mentored or managed teams. Highlighting these experiences will align well with the role's requirements and show your readiness for a managerial position.
We think you need these skills to ace Pricing Manager and Principle Pricing Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in pricing management and team leadership. Use specific examples that demonstrate your commercial acumen and familiarity with insurance products.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with the key responsibilities outlined in the job description, particularly your experience with predictive modelling techniques and stakeholder management.
Showcase Your Technical Skills: If you have experience with software like WTW's Radar, Emblem, or Earnix, be sure to mention this in your application. Highlight any programming languages you are proficient in, as these are crucial for the role.
Demonstrate Leadership Experience: Since the role involves mentoring and managing a team, provide examples of your leadership experience. Discuss how you've successfully guided junior analysts or contributed to team success in previous roles.
How to prepare for a job interview at Thinkways Software Technologies Pvt. Ltd.
✨Showcase Your Leadership Skills
As a Pricing Manager, you'll be expected to lead and mentor a team. Be prepared to discuss your previous experiences in managing teams, how you approach mentoring, and any specific strategies you've used to develop junior analysts.
✨Demonstrate Your Technical Expertise
Familiarise yourself with predictive modelling techniques and the software mentioned in the job description, such as WTW's Radar or Emblem. Be ready to explain how you've applied these tools in past roles to optimise pricing strategies.
✨Understand the Industry Trends
Stay updated on current trends and issues in the insurance industry, particularly regarding general insurance products. This knowledge will help you provide strategic input during the interview and show that you're proactive about industry developments.
✨Prepare for Stakeholder Management Questions
Since managing relationships with key stakeholders is crucial, think of examples where you've successfully navigated complex stakeholder dynamics. Be ready to discuss how you communicate effectively across various audiences.
