Market Pricing Manager in Bournemouth
Market Pricing Manager

Market Pricing Manager in Bournemouth

Bournemouth Full-Time 60000 - 80000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead pricing projects and analyse market trends to boost company growth.
  • Company: Join Ageas, a top UK insurer with a vibrant and inclusive culture.
  • Benefits: Enjoy flexible working, 35+ days holiday, and comprehensive health support.
  • Why this job: Make a real impact on pricing strategies and drive business success.
  • Qualifications: Degree in a numerical field and experience in insurance pricing required.
  • Other info: Dynamic team environment with opportunities for professional development.

The predicted salary is between 60000 - 80000 ÂŁ per year.

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.

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.
  • 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.

About Ageas: 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.

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.

Market Pricing Manager in Bournemouth employer: Ageas

At Ageas, we pride ourselves on being a top employer in the UK, offering a flexible working environment that supports a healthy work-life balance. Our commitment to employee well-being is reflected in our extensive benefits package, including generous holiday allowances, health support initiatives, and opportunities for professional growth within a collaborative and inclusive culture. Join us in Bournemouth, where you can make a meaningful impact on our pricing strategies while enjoying the perks of a supportive workplace.
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Contact Detail:

Ageas Recruiting Team

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 your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. The more people know you’re on the hunt for a Market Pricing Manager role, the better your chances of landing that dream job.

✨Tip Number 2

Prepare for interviews by researching the company and its pricing strategies. Familiarise yourself with their products and market trends. This will not only impress your interviewers but also help you tailor your answers to show how you can contribute to their goals.

✨Tip Number 3

Practice makes perfect! Conduct mock interviews with friends or use online platforms to refine your responses. Focus on articulating your experience with price optimisation and data analysis clearly, as these are key skills 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 seen by the right people. Plus, it shows you’re serious about joining Ageas and being part of our fantastic team.

We think you need these skills to ace Market Pricing Manager in Bournemouth

Analytical Skills
Price Optimisation
Machine Learning
Statistical Techniques
Data Analysis
Emblem
Radar
Databricks
Stakeholder Management
Team Management
Communication Skills
Market Trend Analysis
Project Management
Influencing Skills

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 your background fits with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about pricing strategies and how you can contribute to our team. Be sure to mention any relevant projects or achievements that showcase your skills.

Showcase Your Analytical Skills: Since this role involves detailed analysis and data-driven decisions, make sure to highlight your experience with machine learning and statistical techniques. We love seeing examples of how you've used these skills in past roles!

Apply Through Our Website: Don't forget to apply through our official website! This ensures your application gets to us directly and helps you stay updated on your application status. We can't wait to hear from you!

How to prepare for a job interview at Ageas

✨Know Your Numbers

As a Market Pricing Manager, you'll be dealing with data and analytics all the time. Brush up on your numerical skills and be ready to discuss specific examples of how you've used data to influence pricing strategies in the past. This will show that you can handle the analytical side of the role.

✨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 talk about how you've used them in previous roles. This will demonstrate your technical proficiency and readiness to hit the ground running.

✨Understand the Business Objectives

Research Ageas and understand their business goals, especially around pricing strategies. Be ready to discuss how your work as a Market Pricing Manager can align with and support these objectives. This shows that you're not just focused on numbers but also on the bigger picture.

✨Prepare for Stakeholder Engagement

You'll need to influence colleagues at all levels, so think about how you can effectively communicate your ideas. Prepare examples of how you've successfully engaged with senior stakeholders in the past. This will highlight your interpersonal skills and ability to drive change within the organisation.

Market Pricing Manager in Bournemouth
Ageas
Location: Bournemouth

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