Pricing Manager in London

Pricing Manager in London

London Full-Time 48000 - 72000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Lead pricing strategies for a new product line in commercial motor insurance.
  • Company: Join a dynamic market disruptor with strong backing and ambitious growth plans.
  • Benefits: Enjoy competitive pay, share options, and flexible work arrangements.
  • Other info: Opportunity to influence business strategy and prepare the function for scale.
  • Why this job: Be a key player in shaping pricing excellence and team development during exciting expansion.
  • Qualifications: 5+ years of pricing experience in commercial lines, especially fleet or taxi.

The predicted salary is between 48000 - 72000 £ per year.

Arthur is delighted to be supporting a manager role within the pricing function for a speciality insurer. You will be leading a team and supporting the Head of Technical and Specialty Pricing in managing the development and delivery of pricing models across both local and global business lines.

The position involves overseeing actuarial build projects, maintaining coding and documentation standards, and ensuring strong collaboration with underwriting and pricing delivery teams.

Responsibilities

  • Lead the development and rebuild of pricing models, including the production of management information dashboards.
  • Oversee significant updates to existing models, ensuring work is delivered to agreed scope and technical standards.
  • Manage the replatforming of pricing tools and the migration of datasets.
  • Ensure all models are properly documented in line with Technical Actuarial Standards and internal policies.
  • Incorporate enhancements from new platform functionality where appropriate.
  • Build strong relationships across the business to support effective underwriting decisions.
  • Represent the company at relevant external meetings and events.
  • Ensure compliance with FCA, PRA and internal governance requirements.
  • Manage actuarial projects from inception through to delivery.

Requirements

  • Extensive experience in London Market pricing.
  • Understanding of specialty and commercial insurance lines.
  • Experience with Hyperexponential Renew is advantageous.
  • At least two years’ post‑qualification experience (or equivalent actuarial experience).
  • Proficient in relevant analytical software such as Python, SQL, GLM tools and PowerBI.
  • Strong skills in Excel and VBA.
  • Experience managing technical specialists.

Right to Work

Candidates must have the right to work in the UK. Visa sponsorship is not available for this position.

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Pricing Manager in London employer: Arthur

Join a dynamic and innovative company that is redefining the market with its new product line for mini-fleet and taxi services. As a Pricing Manager, you will enjoy a collaborative work culture that values autonomy and encourages professional growth, with competitive compensation and attractive benefits including share options. With the establishment of a London hub on the horizon, this role offers the unique advantage of flexibility and the opportunity to shape a high-performing team in a fast-paced environment.

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Contact Details:

Arthur Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Pricing Manager in London

Tip Number 1

Familiarise yourself with the latest trends in pricing strategies, especially within the commercial motor insurance sector. This knowledge will not only help you stand out during discussions but also demonstrate your proactive approach to understanding the market.

Tip Number 2

Network with professionals in the insurance industry, particularly those who have experience in fleet and taxi services. Engaging with them can provide valuable insights and potentially lead to referrals that could enhance your application.

Tip Number 3

Showcase your experience with pricing optimisation tools or machine learning techniques in conversations. Being able to discuss specific examples of how you've applied these skills can set you apart from other candidates.

Tip Number 4

Prepare to discuss your experience in fast-paced environments, such as start-ups. Highlighting your adaptability and ability to thrive under pressure will resonate well with the company's dynamic expansion phase.

We think you need these skills to ace Pricing Manager in London

Pricing Strategy Development
Commercial Motor Insurance Expertise
Data Analysis and Interpretation
Pricing Optimisation Tools
Machine Learning Techniques for Pricing
Understanding of Underwriting Principles
Cross-Functional Collaboration

Some tips for your application 🫡

Tailor Your CV:Make sure your CV highlights your 5+ years of pricing expertise, particularly in commercial lines related to fleet and taxi services. Use specific examples that demonstrate your experience with pricing optimisation tools or machine learning techniques.

Craft a Compelling Cover Letter:In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with their needs, especially your experience in fast-paced environments and your understanding of commercial insurance products.

Showcase Leadership Skills:Since the role involves overseeing a team, emphasise any leadership experience you have. Mention instances where you've successfully led projects or initiatives, and how you plan to contribute to team development.

Highlight Cross-Functional Collaboration:The job requires collaboration across various functions. Provide examples of how you've worked with different teams in the past to achieve common goals, showcasing your ability to steer profitability and competitiveness.

How to prepare for a job interview at Arthur

Showcase Your Pricing Expertise

Make sure to highlight your 5+ years of pricing experience, especially in commercial lines like fleet and taxi services. Be prepared to discuss specific strategies you've implemented and the outcomes they achieved.

Demonstrate Cross-Functional Collaboration

Since the role involves working across different teams, share examples of how you've successfully collaborated with other departments in the past. This will show your ability to work effectively in a dynamic environment.

Familiarise Yourself with Pricing Tools

Brush up on any pricing optimisation tools or machine learning techniques you've used. Being able to discuss these tools confidently will demonstrate your technical proficiency and readiness for the role.

Prepare for Questions on Business Strategy

As you'll have direct input into business strategy, be ready to discuss your thoughts on pricing strategies that could enhance profitability and competitiveness. This shows your strategic thinking and alignment with the company's goals.