At a Glance
- Tasks: Lead pricing projects, analyse market trends, and optimise pricing strategies.
- Company: Join a forward-thinking insurance company with a focus on innovation.
- Benefits: Flexible working, 35+ days holiday, health support, and tech discounts.
- Other info: Remote work options and excellent career development opportunities.
- Why this job: Shape the future of pricing in a dynamic environment and drive real business impact.
- Qualifications: Degree in a numerical field and experience in insurance pricing or analytics.
The predicted salary is between 80000 - 80000 £ per year.
Target Start Date: ASAP
Contract Type: Permanent, Part Time, Full Time, Job Share option available
Salary Range: £80,000 +
Location: Remote, home worker
Closing Date for applications: Tuesday 7th July
Role Overview: 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:
- Managing the trading performance to ensure that revenue and policy volume targets are met over the short-term and over a 5-year horizon.
- Take a leading role in the development of pricing models utilising Emblem, Radar, and other software tools.
- Proactively use data to identify areas of opportunity to drive commercial value and competitive advantage, delivering profitable growth for the insurance business.
- Compiling and ensuring the timely delivery of recommendations for trading forums; discussing propositions with senior stakeholders.
- Represent the needs of the pricing department in business change programmes as required.
- Supporting the Head of Pricing by strongly influencing and shaping the team’s priorities, resourcing, strategy, pricing policies and direction.
- Ensure adherence to regulatory requirements, pricing fairness rules and data usage policies.
- Management, development and coaching of Senior and Pricing Analysts.
Skills and Experience:
- Degree-level education (or equivalent) in a numerical discipline with strong numerical and statistical capabilities.
- Detailed knowledge of General Insurance pricing methodologies and an understanding of regulatory requirements related to pricing.
- Experience in insurance pricing or a related analytical field and ability to use analytics to solve complex business problems.
- Proficient in programming languages for data manipulation and analytics (e.g., SAS, R, Python, Matlab, Octave, SQL).
- Familiarity with modelling software such as Emblem, Radar, or similar systems.
- Effective coaching and development of junior staff in pricing skills.
- Strong influencing and relationship management skills, including experience engaging with senior management and directors.
- Data storytelling – able to convey advanced statistical concepts to non‑technical audiences.
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. We also offer all our vacancies part-time/job-shares.
- 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.
Pricing Manager employer: Ageas
At Ageas, we pride ourselves on being an exceptional employer, offering a flexible working environment that empowers our employees to balance their professional and personal lives. With a strong focus on employee well-being, comprehensive benefits, and opportunities for growth and development, our Pricing Manager role is not just a job but a pathway to influence the future of our business while enjoying a supportive and collaborative culture. Join us in a remote setting where your contributions directly impact our success and where you can thrive both personally and professionally.
