At a Glance
- Tasks: Lead the development of advanced pricing models and improve pricing algorithms.
- Company: Join Ageas, a leading car and home insurer in the UK.
- Benefits: Enjoy flexible working, 35+ days holiday, and comprehensive health benefits.
- Other info: Inclusive workplace with excellent career growth and mentoring opportunities.
- Why this job: Make a real impact on pricing strategy and business performance.
- Qualifications: Strong analytical skills and experience with statistical models required.
The predicted salary is between 84000 - 84000 € per year.
We are looking for a highly analytical and commercially minded professional to join our Pricing team as a Technical Pricing Manager. In this role, you will lead the development and oversight of advanced pricing models and analytical techniques, helping to drive cutting‑edge improvements to our pricing algorithms. You will play a key role in shaping future pricing strategy, delivering measurable business benefits, and ensuring all models meet regulatory and fair value standards.
Main Responsibilities
- Develop, oversee, and enhance pricing models and analytical techniques to improve pricing algorithms and business performance.
- Take ownership of specific technical models, ensuring accuracy, governance, relevance, and ongoing performance tracking.
- Manage major technical projects from initial scoping through to implementation, collaborating effectively with internal departments and external suppliers.
- Identify challenges and opportunities through analysis of data and MI, providing clear recommendations and actionable insights.
- Lead delivery through a combination of direct analysis, project management, peer review, and supervision of analysts or external suppliers.
- Present and lead sign‑off meetings with senior stakeholders, clearly articulating business benefits, risks, and methodology considerations.
- Act as a subject‑matter expert (SME) by reviewing and validating algorithm and model changes.
- Ensure all implemented models comply with regulatory requirements and fair value measures, escalating and managing any breaches where necessary.
- Support the technical development of colleagues through mentoring, coaching, and knowledge sharing.
Skills and Experience
- Strong analytical and interpretation skills supported by a numerical degree or equivalent practical experience.
- Significant experience developing statistical models such as GLMs, GBMs, or similar modelling techniques.
- Excellent written and verbal communication skills with the ability to explain complex concepts clearly.
- Strong data manipulation and analytical capability.
- Proven understanding of governance and regulatory requirements relating to pricing models and fair value measures.
- Experience managing technical projects and working collaboratively across departments.
- Experience using WTW software, particularly Radar and Emblem.
- Experience with Databricks, SQL, and/or Python.
Benefits
- Flexible Working – Smart Working @ Ageas gives employees flexibility around location (within the UK) and, for many of our roles, flexibility within the working day to manage other commitments. Part‑time or job‑share arrangements are also available.
- Minimum 35 days holiday (incl. bank holidays) with the ability to buy and sell days.
- Health – Dental Insurance, Health Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, and Well‑Being activities – Mindfulness.
- Wealth – 50% off esure and Sheilas’ Wheels motor and home insurance, annual bonus schemes, annual salary reviews, competitive pension, employee savings, employee loans.
- Work – Well‑being activities, mindfulness sessions, sports and social club events and more.
- 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.
- Tech – Deals on various gadgets including wearables, tablets and laptops.
- Transport – Car salary exchange, cycle scheme, vehicle breakdown cover.
- Back to work – Return‑to‑work programme after maternity leave.
About Ageas
We are one of the largest car and home insurers in the UK. Ageas is a thriving, creative and innovative place to work, serving over four million customers.
Inclusivity & EEO Statement
As an inclusive employer, we encourage anyone to apply. We are a signatory of the Race at Work Charter and Women in Finance Charter, member of iCAN and GAIN. We are a Disability Confident Leader and 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. We also guarantee an interview for applicants with a disability who meet the minimum criteria for the role.
Zero-tolerance Harassment Policy
We have a zero‑tolerance approach towards any form of harassment during the recruitment process, ensuring that everyone is treated with respect and professionalism.
Open Opportunities
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.
Important Notice – Recruitment Scam Alert
We are aware of fraudulent activity whereby individuals are being contacted with fake job offers claiming to be from Ageas, often for remote roles such as Administrative Assistants. These scams may include offers of high hourly pay and requests for upfront payments or deposits. Ageas will never ask for money at any stage of the recruitment process. Ageas will always ask you to make an application via our Company Websites and all legitimate Ageas job opportunities are listed on our official careers pages within. Communication will only come from verified Ageas email addresses. If you are unsure about the legitimacy of a job offer or communications you are receiving, please contact with the subject FRAUD.
Technical Pricing Manager in Banstead employer: Ageas
Ageas is an exceptional employer, offering a dynamic and inclusive work environment in Reigate, where flexibility and employee well-being are prioritised. With a commitment to professional growth through mentoring and diverse benefits such as extensive holiday allowances and health initiatives, Ageas empowers its employees to thrive both personally and professionally while contributing to innovative pricing strategies that shape the future of insurance.
StudySmarter Expert Advice🤫
We think this is how you could land Technical Pricing Manager in Banstead
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. 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 practising common questions and scenarios related to technical pricing. Use mock interviews with friends or mentors to build confidence and refine your answers. Remember, it’s all about showcasing your analytical skills and project management experience!
✨Tip Number 3
When you land an interview, do your homework! Research the company, its pricing strategies, and recent developments. This will help you tailor your responses and show that you’re genuinely interested in the role and the company.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email reiterating your interest in the position can leave a lasting impression. Plus, it shows your enthusiasm and professionalism, which are key traits for a Technical Pricing Manager.
We think you need these skills to ace Technical Pricing Manager in Banstead
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Technical Pricing Manager role. Highlight your analytical skills and experience with statistical models, as these are key for us. Use specific examples that showcase your ability to improve pricing algorithms.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Share your passion for pricing strategies and how your previous experiences align with our needs. Don't forget to mention any relevant software skills like SQL or Python!
Showcase Your Communication Skills:Since you'll be presenting to senior stakeholders, it's crucial to demonstrate your written communication skills. Keep your application clear and concise, and make sure you can explain complex concepts in a straightforward way.
Apply Through Our Website:We encourage you to apply directly through our website. This ensures your application gets to the right place and helps us keep track of all candidates. Plus, it’s super easy and straightforward!
How to prepare for a job interview at Ageas
✨Know Your Numbers
As a Technical Pricing Manager, you'll need to demonstrate your strong analytical skills. Brush up on your statistical models like GLMs and GBMs, and be ready to discuss how you've used them in past projects. Prepare specific examples that showcase your ability to interpret data and derive actionable insights.
✨Master the Art of Communication
You'll be presenting to senior stakeholders, so practice articulating complex concepts clearly and concisely. Use simple language to explain your methodologies and the business benefits of your pricing strategies. Consider doing mock presentations with friends or colleagues to build confidence.
✨Project Management Prowess
Since managing technical projects is key, be prepared to discuss your project management experience. Highlight specific projects where you led from scoping to implementation, and how you collaborated with different departments. Show that you can handle challenges and adapt to changes effectively.
✨Stay Updated on Regulations
Understanding governance and regulatory requirements is crucial for this role. Familiarise yourself with the latest regulations related to pricing models and fair value measures. Be ready to discuss how you've ensured compliance in your previous roles and how you would approach it at Ageas.