Pricing Lead

Pricing Lead

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Analyse pricing structures and performance data to shape our Motor Insurance strategy.
  • Company: Join the AA, a trusted UK brand offering diverse services.
  • Benefits: Enjoy 25 days leave, pension contributions, and discounts on insurance products.
  • Why this job: Make a real impact in a fast-paced, data-driven environment.
  • Qualifications: Strong numerical skills and experience in analytical environments required.
  • Other info: Diverse learning opportunities and a commitment to inclusivity.

The predicted salary is between 36000 - 60000 £ per year.

Company Description / Business Unit

Location: London - Hybrid - Three Days in Office

Employment Type: Permanent

AA Summary

Think the AA is just about roadside assistance? Think again! As one of the UK's most trusted brands, we provide a wide range of services to millions of customers. From comprehensive Home and Motor Insurance to personalised Financial Services like Loans and Savings, and outstanding B2B, Consumer, Business Services, Driver Training, Car Care, and Service Maintenance and Repair, we've got you covered. Our mission is to keep Britain moving, and we're looking for dedicated individuals to join our team. Ready to join us?

This is the job

We're on the lookout for a talented Pricing Lead to join our Motor Trading team within the AA's in-house insurer. In this role, you'll dive deep into pricing structures and performance data to help shape our Motor Insurance strategy. Your insights will directly influence how we stay competitive while driving profitability. You'll work closely with cross-functional teams, using advanced analytics to refine pricing models and identify opportunities for growth. It's a chance to make a real impact in a fast-paced, data-driven environment. If you enjoy solving complex problems, thrive on turning numbers into strategy, and want to be part of a team that's transforming insurance from the inside out.

Responsibilities

  • Monitoring emerging trends and trading performance, providing strategic insights into Loss Ratio to support key business decisions.
  • Supporting commercial planning by delivering analysis for business cases, financial modelling, and forecasting.
  • Collaborating with the Pricing & Development and Underwriting teams to shape pricing strategies that are both compliant and commercially effective.
  • Conducting competitor analysis, using past market trends and future scenario modelling to inform pricing direction.
  • Owning the delivery of regular reporting for internal forums, regulatory bodies, and reinsurers, ensuring accuracy and timeliness.
  • Mentoring junior analysts, helping to build capability across the pricing team and encouraging cross-training with wider insurance functions.

Qualifications

  • Strong numerical skills and a keen eye for detail, with experience working in analytical environments.
  • Confidence using SQL to interrogate large datasets, this is essential for the role.
  • Experience in motor or home pricing insurance products is beneficial, though not required.
  • Familiarity with Willis Towers Watson insurance software is a plus, but not essential.
  • A proven ability to communicate complex information clearly to stakeholders.
  • A proactive approach, with a track record of identifying opportunities and suggesting improvements to working practices.
  • A good understanding of the competitive and regulatory landscape within Personal Lines Pricing.
  • A degree in a numerically focused subject such as Mathematics, Statistics, Economics, or a related field.

Additional information

We're always looking to recognise and reward our employees for the work they do. As a valued member of The AA team, you'll have access to a range of benefits including:

  • 25 days annual leave plus bank holidays + holiday buying scheme
  • Worksave pension scheme with up to 7% employer contribution
  • Free AA breakdown membership from Day 1 plus 50% discount for family and friends
  • Discounts on AA products including car and home insurance
  • Employee discount scheme that gives you access to a car salary sacrifice scheme plus great discounts on healthcare, shopping, holidays and more
  • Company funded life assurance
  • Diverse learning and development opportunities to support you to progress in your career
  • Dedicated Employee Assistance Programme and a 24/7 remote GP service for you and your family

Plus, so much more! We're an equal opportunities employer and welcome applications from everyone. The AA values diversity and the difference this brings to our culture and our customers. We actively seek people from diverse backgrounds to join us and become part of an inclusive company where you can be yourself, be empowered to be your best and feel like you truly belong. We have five communities to bring together people with shared characteristics and backgrounds and drive positive change. As part of the onboarding process, we complete several pre-employment checks including work reference, credit and criminal record checks. We may close the vacancy sooner than the advertised date if we get a high volume of applications, please apply now if you are interested.

Pricing Lead employer: Automobile Association Developments Ltd

At Automobile Association Developments Ltd, we pride ourselves on being more than just a roadside assistance provider; we are a dynamic and inclusive employer located in the heart of London. As a Pricing Lead, you will benefit from a hybrid work model, competitive salary, and a comprehensive benefits package that includes generous annual leave, a robust pension scheme, and diverse learning opportunities to foster your career growth. Join us in a collaborative environment where your insights will directly shape our Motor Insurance strategy and make a meaningful impact on our mission to keep Britain moving.
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Contact Detail:

Automobile Association Developments Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pricing Lead

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by researching the company and its competitors. Understand their pricing strategies and be ready to discuss how your skills can help them stay ahead in the market.

✨Tip Number 3

Practice your pitch! Be clear about your experience with data analysis and pricing models. Show how your insights can drive profitability and support strategic decisions at the AA.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining the AA team.

We think you need these skills to ace Pricing Lead

Numerical Skills
Analytical Skills
SQL
Data Analysis
Financial Modelling
Forecasting
Competitor Analysis
Communication Skills
Problem-Solving Skills
Understanding of Regulatory Landscape
Mentoring
Collaboration
Attention to Detail
Experience in Motor or Home Pricing Insurance Products

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Pricing Lead role. Highlight your numerical skills and any relevant experience in analytical environments. We want to see how your background aligns with our mission at the AA!

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 Motor Trading team. Keep it engaging and relevant to the job description.

Showcase Your Analytical Skills: Since this role involves diving deep into data, make sure to showcase your analytical skills. Mention any experience with SQL or working with large datasets, as this is essential for the role. We love numbers, so let them speak for you!

Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining the AA family!

How to prepare for a job interview at Automobile Association Developments Ltd

✨Know Your Numbers

As a Pricing Lead, you'll be diving deep into data. Brush up on your numerical skills and be ready to discuss how you've used analytics in past roles. Prepare examples of how you've influenced pricing strategies or improved profitability through data-driven decisions.

✨Understand the Market

Familiarise yourself with current trends in the motor insurance market. Be prepared to discuss competitor analysis and how you would approach shaping pricing strategies based on market insights. Showing that you understand the competitive landscape will impress your interviewers.

✨Communicate Clearly

You'll need to convey complex information to various stakeholders. Practice explaining your past projects or analyses in simple terms. This will demonstrate your ability to communicate effectively, which is crucial for this role.

✨Show Your Proactivity

The AA values a proactive approach. Think of instances where you've identified opportunities for improvement in your previous roles. Be ready to share these examples and explain how your suggestions led to positive changes in processes or outcomes.

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