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 deals.
- 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 in insurance pricing.
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 you need:
- 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.
Pricing Manager in Bournemouth employer: Ageas Insurance Ltd
Ageas is an exceptional employer that prioritises employee well-being and professional growth, offering flexible working arrangements and a comprehensive benefits package that includes generous holiday allowances and health support initiatives. With a strong focus on collaboration and innovation, the Pricing Manager role provides a unique opportunity to influence strategic pricing decisions while developing leadership skills within a supportive team environment. Join us at Ageas, where your contributions directly impact our success and your career development is nurtured.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Manager in Bournemouth
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues 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, especially around data-driven decision-making and market trends. Show them you’re not just another candidate!
✨Tip Number 3
Practice your pitch! You want to be able to clearly articulate your experience and how it relates to the role of Pricing Manager. Focus on your analytical skills and any relevant tools you've used, like Emblem or Radar.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about joining our team at Ageas.
We think you need these skills to ace Pricing Manager in Bournemouth
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Pricing Manager role. Highlight your experience in insurance pricing and any analytical skills that align with the job description. We want to see how your background fits with our needs!
Showcase Your Skills:Don’t forget to showcase your knowledge of price optimisation and any tools like Emblem or Radar you’ve used. We love seeing candidates who can demonstrate their technical expertise and how it can benefit our team.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about pricing and how you can contribute to our growth. We appreciate a personal touch that shows us you’ve done your homework on Ageas.
Apply Through Our Website:We encourage you to apply through our website for a smoother 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 Pricing Manager, you'll need to demonstrate your analytical skills. Brush up on key metrics related to pricing strategies and be ready to discuss how you've used data to influence decisions in the past. Show them you can turn numbers into actionable insights!
✨Familiarise with Tools
Make sure you're well-versed in tools like Emblem, Radar, and Databricks. If you have experience with these or similar platforms, prepare to share specific examples of how you've used them in previous roles. This will show that you're not just familiar but also capable of leveraging technology for price optimisation.
✨Understand Market Trends
Research current market trends in the insurance industry. Be prepared to discuss how these trends could impact pricing strategies. Showing that you can think critically about the market will impress your interviewers and demonstrate your strategic mindset.
✨Engage with Stakeholders
Since the role involves influencing senior management, practice articulating your ideas clearly and confidently. Think of examples where you've successfully communicated complex information to non-technical stakeholders. This will highlight your ability to bridge the gap between data analysis and business strategy.
