Market Pricing Manager in Bournemouth

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.

Benefits

• Flexible Working: Smart Working @ 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.
• 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.

We are one of the largest car and home insurers in the UK. Our People help Ageas to be a thriving, creative and innovative place to work. We show this in the service we provide to over four million customers. As an inclusive employer, we encourage anyone to apply. We’re a signatory of the Race at Work Charter and Women in Finance Charter, member of iCAN and GAIN. As a Disability Confident Leader, we are committed to ensuring our recruitment processes are fully inclusive. That means if you are applying for a job with us, you will have fair access to support and adjustments throughout your recruitment experience. If the list does not cover the support you need, please contact our Recruitment Team to discuss how they can help. We also guarantee an interview for applicants with a disability who meet the minimum criteria for the role. For more information, please see Ageas Everyone. We have a zero-tolerance approach towards any form of harassment during the recruitment process, ensuring that everyone is treated with respect and professionalism. Our aim is to have great people everywhere in our business and we’re always looking for outstanding people to join us. Most roles across Ageas allow a proportion of your time to be spent working from home and we’re open to discussing flexible working, including full-time, part-time or job share arrangements.

Want to be part of a Winning Team? Come and join Ageas. Click on the ‘Apply button’ to be considered.