Motor Pricing Manager - Trading in London

Ageas are seeking a highly skilled pricing manager to take the lead on all broker trading initiatives across all motor lines of business. Supported by a team of 6 pricing analysts, you will be working to achieve optimal business outcomes through working closely with other business functions (including underwriting, distribution, actuarial and finance). You will need to be highly proficient at analysing market trends, and making data-driven decisions to ensure our pricing strategies align with our business objectives. In the role, you will need to prioritise, plan and deliver pricing related projects that have a specific focus on the Ageas trading position. They will directly influence the future growth and profitability of the business. The role will involve the management of detailed analysis of data using various statistical techniques in order to recommend pricing actions that optimise the balance between growth and profitability. You will be responsible for the development of the pricing analysts within your team, guiding them to achieve their career goals and aspirations.

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, with a focus on growth and profit maximisation.
• Ensuring that your team and the business have the right trading information, reports and dashboards to make optimal decisions.
• Ownership of the quote data, responsible for data enhancement, governance and ensuring accurate and relevant datasets for modelling, pricing and monitoring.
• Play a key role in the multi-year budgeting process, both for setting the budget and tracking of various KPIs against the budget.
• Development and maintenance of pricing models and support for their deployment.
• Work with the pricing deployments team for rate releases and responsible for the review of rates in rate engine/live environment.
• Project management across all stages of the price control cycle as required.
• Deputise for Head of Pricing where required, 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 the use of various programming languages (e.g. SAS / SQL / R / Python) for data manipulation and processing.
• Experience of working within Databricks is preferred but not essential.
• Experience in using WTW Radar or equivalent pricing software.
• Experience of using analytics to solve complex business problems.
• Have an awareness of predictive modelling techniques e.g. Logistic Regression, Log-Gamma GLMs, GBMs, Elastic Net GLMs, GAMs, Decision Trees, Random Forests, Support Vector Machines and Neural Networks.
• Knowledge of how the broker market functions.
• Effective coaching and development of junior staff and development of pricing skills.
• Experience of dealing with and influencing colleagues at all levels up to, and including, senior management and directors.
• Ability to convey advanced statistical concepts to a non-statistical audience.
• Self-motivated, with the drive, energy and ability to work on own initiative.
• Very strong planning, prioritisation and organisational skills.

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.
• A minimum of 35 days holiday (including bank holidays) and the option to 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.
• Partner Life Assurance and Critical Illness cover.
• Get some Tech Deals on various gadgets including Wearables, Tablets and Laptops.
• Car Salary Exchange, Cycle Scheme, Vehicle Breakdown Cover.
• Return to work programme after maternity leave.

Equal Opportunities:

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.