Motor Pricing Manager - Trading in London
Motor Pricing Manager - Trading

Motor Pricing Manager - Trading in London

London Full-Time 84000 - 84000 £ / year (est.) No home office possible
Ageas UK

At a Glance

  • Tasks: Lead pricing initiatives and manage a team of analysts to optimise motor insurance trading.
  • Company: Join Ageas, a forward-thinking insurance company with a commitment to inclusivity.
  • Benefits: Enjoy flexible working, generous holiday, health perks, and tech discounts.
  • Other info: Dynamic hybrid work environment with excellent career growth opportunities.
  • Why this job: Make a real impact in the insurance industry while developing your leadership skills.
  • Qualifications: Degree in a numerical field or equivalent experience; strong analytical and programming skills required.

The predicted salary is between 84000 - 84000 £ per year.

Target Start Date: ASAP

Contract Type: Permanent, Part Time, Full Time, Job Share option available

Salary Range: Up to £84,000

Location: Hybrid, London – once a week

Ageas are seeking a highly skilled pricing manager to lead all broker trading initiatives across all motor lines of business. Supported by a team of six pricing analysts, you will work to achieve optimal business outcomes through collaboration with underwriting, distribution, actuarial and finance functions. You will analyse market trends, make data‑driven decisions to align pricing strategies with business objectives, prioritise and deliver pricing projects, manage detailed data analysis using statistical techniques, recommend pricing actions and develop your team.

Main Responsibilities

  • Management, development and coaching of Lead, Senior and Pricing Analysts (circa team of 6).
  • Prioritisation, planning and delivery of pricing initiatives across all lines of business within the Broker Motor channel, focusing on growth and profit maximisation.
  • Ensuring the team and the business have the right trading information, reports and dashboards for optimal decisions.
  • Ownership of quote data, responsible for data enhancement, governance and ensuring accurate and relevant datasets for modelling, pricing and monitoring.
  • Key role in the multi‑year budgeting process, setting the budget and tracking KPIs.
  • Development and maintenance of pricing models and support their deployment.
  • Work with the pricing deployments team for rate releases and review rates in rate engine/live environment.
  • Project management across all stages of the price control cycle as required.
  • Deputise for Head of Pricing when needed, including meetings with senior management and directors of Ageas UK companies.

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.
  • Highly skilled in using programming languages such as SAS, SQL, R, Python for data manipulation and processing.
  • Experience with Databricks preferred but not essential.
  • Experience using WTW Radar or equivalent pricing software.
  • Analytical experience solving complex business problems.
  • Aware of predictive modelling techniques such as Logistic Regression, Log‑Gamma GLMs, GBMs, Elastic Net GLMs, GAMs, Decision Trees, Random Forests, SVMs and Neural Networks.
  • Knowledge of broker market functions.
  • Effective coaching and development of junior staff and pricing skills.
  • Experience influencing colleagues at all levels up to senior management and directors.
  • Ability to convey advanced statistical concepts to non‑statistical audiences.
  • Self‑motivated, with drive, energy and initiative.
  • Strong planning, prioritisation and organisational skills.

Benefits

  • Flexible Working – Smart Working within UK, part‑time & job shares, minimum 35 days holiday (inclusive of bank holidays) with buy/sell days.
  • Health benefits: Dental insurance, health cash plan, health screening, will writing, voluntary critical illness, mental health first aiders, mindfulness activities.
  • Wealth benefits: 50% off Motor & Home insurance, annual bonus schemes, salary reviews, competitive pension, employee savings, employee loans.
  • Well‑being activities, mindfulness sessions, sports and social club events.
  • Family support: Maternity/pregnancy pay of 16 weeks full pay, paternity/non‑pregnancy pay of 8 weeks full pay; partner life assurance and critical illness cover.
  • Tech perks: Discounts on wearables, tablets, laptops.
  • Commuting: Car salary exchange, cycle scheme, vehicle breakdown cover.
  • Support for return to work after maternity leave.

Ageas is an inclusive employer, a signatory of the Race at Work Charter and the Women in Finance Charter, and a Disability Confident Leader. We guarantee an interview for applicants with a disability who meet the minimum criteria. If you need support or adjustments, contact the Recruitment Team.

Motor Pricing Manager - Trading in London employer: Ageas UK

Ageas is an exceptional employer that prioritises employee well-being and professional growth, offering flexible working arrangements and a comprehensive benefits package including generous holiday allowances and health support. Located in London, the company fosters a collaborative work culture where innovation thrives, and employees are empowered to develop their skills while contributing to impactful pricing strategies in the insurance sector.
Ageas UK

Contact Detail:

Ageas UK Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Motor Pricing Manager - Trading in London

✨Tip Number 1

Network like a pro! Reach out to people in the industry, especially those at Ageas or similar companies. A friendly chat can open doors and give you insights that a job description just can't.

✨Tip Number 2

Prepare for interviews by practising common questions related to pricing strategies and data analysis. We recommend using real-life examples from your experience to showcase your skills and how you can contribute to the team.

✨Tip Number 3

Showcase your analytical skills! Bring along examples of your past work with programming languages like SQL or Python. Being able to discuss your approach to complex problems will impress interviewers.

✨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 are proactive about their job search.

We think you need these skills to ace Motor Pricing Manager - Trading in London

Pricing Management
Data Analysis
Statistical Techniques
SAS
SQL
R
Python
WTW Radar
Predictive Modelling
Coaching and Development
Project Management
Communication Skills
Organisational Skills
Market Trend Analysis
Team Leadership

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Motor Pricing Manager role. Highlight your experience in insurance pricing and any relevant analytical skills. We want to see how your background aligns with what we're looking for!

Show Off Your Skills: Don’t hold back on showcasing your programming skills! If you’ve got experience with SAS, SQL, R, or Python, make it pop in your application. We love seeing candidates who can handle data manipulation like a pro.

Be Clear and Concise: When writing your cover letter, keep it clear and concise. We appreciate straightforward communication, so get to the point about why you’re the perfect fit for our team and how you can contribute to our goals.

Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and we’ll be able to track your application better. Plus, we can’t wait to hear from you!

How to prepare for a job interview at Ageas UK

✨Know Your Numbers

As a Motor Pricing Manager, you'll need to be comfortable with data. Brush up on your statistical techniques and be ready to discuss how you've used programming languages like SAS, SQL, or Python in past roles. Prepare examples of how your analytical skills have solved complex pricing problems.

✨Showcase Your Leadership Skills

You'll be managing a team of pricing analysts, so it's crucial to demonstrate your coaching and development abilities. Think of specific instances where you've successfully led a team or influenced colleagues at various levels. Be prepared to discuss your approach to mentoring and developing junior staff.

✨Understand the Broker Market

Familiarise yourself with the broker market functions and how they relate to pricing strategies. Research current market trends and be ready to share insights on how these could impact Ageas's pricing initiatives. Showing that you understand the broader context will set you apart.

✨Prepare for Scenario Questions

Expect scenario-based questions that assess your decision-making and prioritisation skills. Think about how you would handle specific pricing challenges or project management situations. Practising your responses will help you articulate your thought process clearly during the interview.

Motor Pricing Manager - Trading in London
Ageas UK
Location: London

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