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- Tasks: Lead pricing projects and analyse market trends to boost company growth.
- Company: Join a dynamic team at Ageas UK, a leader in insurance.
- Benefits: Competitive salary, hybrid work, and opportunities for professional development.
- Why this job: Make a real impact on pricing strategies and influence business success.
- Qualifications: Degree in a numerical field and experience in insurance pricing required.
- Other info: Collaborative environment with a focus on innovation and career advancement.
The predicted salary is between 60000 - 80000 ÂŁ per year.
Target Start Date: ASAP
Contract Type: Permanent, Part Time, Full Time, Job Share option available
Salary Range: ÂŁ60,000 - ÂŁ80,000
Location: Hybrid, once a month - Bournemouth
Work Level: 4
Closing Date for applications: Thursday 29th January
Hiring Manager: Tamzin Petersen
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.
To find out more about this role and for information please contact Zoe Powell OR Tamzin Petersen. Alternatively, click on the “Apply Button” to be considered.
Market Pricing Manager employer: Ageas
Contact Detail:
Ageas Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Market Pricing Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at the company you're eyeing. A friendly chat can give you insider info and maybe even a referral!
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to market pricing. We recommend using real-life examples from your experience to showcase your skills and how they align with the role.
✨Tip Number 3
Showcase your analytical skills! Be ready to discuss how you've used data-driven decisions in past roles. This is key for a Market Pricing Manager, so make sure you highlight relevant experiences.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining our team!
We think you need these skills to ace Market Pricing Manager
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 match the job description. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role and how you can contribute to our team. Be sure to mention your experience with price optimisation and data analysis.
Showcase Your Analytical Skills: Since this role involves a lot of data-driven decision-making, make sure to showcase your analytical skills in your application. Mention any tools you've used like Emblem or Radar, and how you've applied them in past roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it’s super easy!
How to prepare for a job interview at Ageas
✨Know Your Numbers
As a Market Pricing Manager, you'll be expected to have a strong grasp of numerical data. Brush up on your analytical 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 role's demands.
✨Familiarise Yourself with Tools
Make sure you're well-versed in tools like Emblem, Radar, and Databricks. If you’ve used similar software, be prepared to explain how you applied it in your previous roles. This will demonstrate your technical proficiency and readiness to hit the ground running.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical pricing challenges or analyse market trends. Practise articulating your thought process clearly and logically. This will help interviewers see how you approach problem-solving and decision-making.
✨Showcase Your Leadership Skills
Since the role involves managing a team, be ready to discuss your experience in coaching and developing others. Share specific examples of how you've led teams to success, as this will highlight your ability to influence and inspire those around you.
