At a Glance
- Tasks: Lead pricing projects, analyse market trends, and optimise pricing strategies for growth.
- Company: Join Ageas, a top employer in the UK with a supportive culture.
- Benefits: Flexible working, 35+ days holiday, health support, and tech discounts.
- Other info: Dynamic team environment with opportunities for career advancement.
- Why this job: Make a real impact on business growth while developing your analytical skills.
- Qualifications: Degree in a numerical field or equivalent experience; insurance pricing knowledge required.
Fantastic opportunity to join our Market Pricing team as a Pricing Manager, assisting to plan and deliver pricing related projects to deadline and quality standards. You will directly influence the future growth of the business, with key deliverables to increase conversion, retention and overall company income and profitability. You will work closely with cross-functional teams across all products to develop and implement optimisation models, analyse market trends, and make data-driven decisions to ensure our pricing strategies align with our business objectives. The role will involve the management of detailed analysis of data using sophisticated machine learning and statistical techniques within price optimisation to recommend pricing actions which increase volume, income and profit. In addition, the Pricing Manager will build pricing capability and core skills within the business, as well as influence the strategic direction of retail pricing in the wider Ageas UK Group.
Main Responsibilities:
- Management, development and coaching of Lead, Senior and Pricing Analysts (circa team of 5).
- Monitoring and management of trading position to ensure targets are met.
- Oversight and approval of the maintenance and application of models of customer and market behaviour; incorporating machine learning into behavioural models; enabling the exploration of new techniques to improve models.
- Compiling and ensuring the timely delivery of recommendations for trading forums; discussing propositions with senior stakeholders.
- Develop a balanced view of current and future pricing performance by combining MI, modelling results and company targets.
Skills and Experience:
- Educated to degree level or equivalent in a numerical discipline or qualified by experience.
- Extensive experience in insurance pricing or related analytical background.
- Detailed knowledge or experience of price optimisation.
- Experience in using Emblem, Radar, Databricks or industry equivalent.
- Experience of dealing with and influencing colleagues at all levels up to, and including, senior management and directors.
At Ageas we offer a wide range of benefits to support you and your family inside and outside of work, which helped us achieve Top Employer status in the UK. Here are some of the benefits you can enjoy at Ageas:
- Flexible Working: Smart Working at Ageas gives employees flexibility around location (as long as it’s within the UK) and, for many of our roles, flexibility within the working day to manage other commitments, such as school drop offs etc. We also offer all our vacancies part-time/job-shares. We also offer a minimum of 35 days holiday (inc. bank holidays) and you can buy and sell days.
- Supporting your Health: Dental Insurance, Health Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, Well Being Activities – Mindfulness.
- Supporting your Wealth: 50% off esure and Sheilas' Wheels motor and home insurance, Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.
- Supporting you at Work: Well-being activities, mindfulness sessions, Sports and Social Club events and more.
- Supporting you and your Family: Maternity/pregnant parent/primary adopter entitlement of 16 weeks at full pay and paternity/non-pregnant parent/co-adopter at 8 weeks’ full pay.
- Benefits for Them: Partner Life Assurance and Critical Illness cover.
- Get some Tech: Deals on various gadgets including Wearables, Tablets and Laptops.
- Getting around: Car Salary Exchange, Cycle Scheme, Vehicle Breakdown Cover.
- Supporting you back to work: Return to work programme after maternity leave.
Want to be part of a Winning Team? Come and join Ageas.
Market Pricing Manager in Bournemouth employer: Ageas Insurance Ltd
At Ageas, we pride ourselves on being a top employer in the UK, offering a dynamic work culture that fosters collaboration and innovation. As a Market Pricing Manager, you will not only lead a talented team but also have the opportunity to influence strategic pricing decisions that drive business growth. With flexible working arrangements, extensive health and well-being support, and a commitment to employee development, Ageas is dedicated to creating a rewarding environment where you can thrive both personally and professionally.
StudySmarter Expert Advice🤫
We think this is how you could land Market Pricing Manager in Bournemouth
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its pricing strategies. Be ready to discuss how your skills align with their goals. Show them you’re not just another candidate, but someone who can truly contribute to their success.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources to refine your answers. Focus on articulating your experience with data analysis and machine learning techniques, as these are key for the Market Pricing Manager role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Market Pricing Manager in Bournemouth
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Market Pricing Manager role. Highlight your experience in insurance pricing and any analytical skills that align with the job description. We want to see how you can directly contribute to our team!
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use specific examples from your past work where you've successfully implemented pricing strategies or used machine learning techniques. This will help us see your potential impact on our business.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Explain why you're passionate about pricing and how your background makes you a perfect fit for our team. We love seeing enthusiasm and a clear understanding of our goals.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at Ageas Insurance Ltd
✨Know Your Numbers
As a Market Pricing Manager, you'll be dealing with data and analytics all day long. Brush up on your numerical skills and be ready to discuss how you've used data-driven decisions in past roles. Prepare examples of how you've influenced pricing strategies based on market trends.
✨Familiarise Yourself with Tools
Make sure you're comfortable with tools like Emblem, Radar, and Databricks. If you have experience with these or similar platforms, be prepared to share specific instances where you used them to optimise pricing or analyse market behaviour.
✨Showcase Your Leadership Skills
You'll be managing a team of analysts, so highlight your leadership experience. Think of examples where you've coached or developed team members, and be ready to discuss how you can build pricing capability within the business.
✨Prepare for Stakeholder Conversations
You'll need to influence senior management and stakeholders, so practice articulating your ideas clearly and confidently. Prepare to discuss how you've successfully communicated complex pricing strategies to non-technical audiences in the past.
