At a Glance
- Tasks: Lead pricing strategies for Travel, Roadside Assistance, and Home Assistance lines.
- Company: Join a leading insurance company focused on innovation and growth.
- Benefits: Competitive salary, flexible working options, and professional development opportunities.
- Other info: Be part of a diverse team committed to equal opportunities.
- Why this job: Shape pricing strategies that drive profitability and market competitiveness.
- Qualifications: Experience in insurance pricing and strong technical expertise in modelling.
The predicted salary is between 70000 - 90000 £ per year.
We are seeking an experienced and strategic Head of Pricing to lead our pricing function for the Travel, Roadside Assistance, and Home Assistance lines. This senior leadership role involves aligning with other key stakeholders on the overall pricing strategy, overseeing model development, driving technical excellence, and ensuring our pricing approaches support competitive positioning and profitable growth.
What You'll Be Doing
- Oversee the development, validation, and optimisation of advanced pricing models, ensuring consistency and technical excellence.
- Provide strategic insights based on market trends, competitor activity, and portfolio performance to inform pricing decisions.
- Foster a culture of innovation and continuous improvement.
- Ensure all pricing activities comply with regulatory standards, governance policies, and internal risk appetite.
- Collaborate with our group pricing team, underwriting, product development, and senior management to align pricing strategies with broader business objectives.
- Monitor portfolio performance, risk metrics, and profitability, adjusting strategies proactively.
- Promote data-driven decision-making and leverage technology and analytics to optimise pricing processes.
- Maintain awareness of emerging trends and best practices in pricing.
What You'll Bring
- Experience in insurance pricing, with a proven track record of leading pricing teams or functions.
- Strong technical expertise in actuarial and statistical modelling, preferably with experience in travel, roadside, or home assistance insurance.
- Experience with GLM development and machine learning techniques.
- Strategic mindset with excellent stakeholder management at different levels and communication skills.
- Knowledge of regulatory frameworks applicable to UK insurance markets.
- Relevant professional qualifications (e.g., The Institute and Faculty of Actuaries or equivalent) are preferred.
- Proficiency with actuarial software, data analysis tools, and programming languages (e.g., Python, R).
We’re proud to be an Equal Opportunities Employer and don’t discriminate against employees or potential employees based on protected characteristics. If you have a long‑term condition or disability and require adjustments during the application or interview process, please send an email to AXA Partners Global HR Response - globalhr@partners.axa.
Pricing Lead in Redhill employer: AXA Partners
At AXA, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. As a Pricing Lead, you will have access to extensive professional development opportunities, competitive benefits, and the chance to make a significant impact in the insurance sector. Our commitment to diversity and inclusion ensures that every employee feels valued and empowered to contribute to our mission of delivering outstanding service in Travel, Roadside Assistance, and Home Assistance.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Lead in Redhill
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work in pricing. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Be ready to discuss your experience with actuarial modelling and data analysis tools. Show us how you can bring strategic insights to the table!
✨Tip Number 3
Stay updated on market trends and competitor activity. This knowledge will not only help you in interviews but also demonstrate your passion for the pricing function and its impact on business growth.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Pricing Lead in Redhill
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Pricing Lead role. Highlight your experience in insurance pricing and any relevant technical skills, like actuarial modelling or machine learning techniques. We want to see how your background aligns with what we're looking for!
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. Mention specific experiences that demonstrate your strategic mindset and stakeholder management skills. We love a good story that shows your passion for pricing!
Showcase Your Technical Skills:Don’t forget to highlight your technical expertise! If you’ve worked with actuarial software or programming languages like Python or R, make sure to mention it. We’re keen on candidates who can leverage technology and analytics to optimise pricing processes.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy and ensures your application goes directly to us. Plus, you’ll find all the details about the role and our company culture there!
How to prepare for a job interview at AXA Partners
✨Know Your Pricing Models
Make sure you brush up on advanced pricing models, especially those relevant to travel, roadside assistance, and home assistance. Be ready to discuss your experience with GLM development and machine learning techniques, as these will likely come up during the interview.
✨Showcase Your Strategic Mindset
Prepare examples that demonstrate your strategic thinking and how you've aligned pricing strategies with broader business objectives in the past. Think about specific instances where your insights based on market trends or competitor activity led to successful pricing decisions.
✨Communicate Effectively with Stakeholders
Since this role involves a lot of collaboration, practice articulating your ideas clearly and confidently. Be prepared to discuss how you've managed relationships with different stakeholders and how you’ve fostered a culture of innovation within your team.
✨Stay Updated on Regulatory Standards
Familiarise yourself with the regulatory frameworks applicable to UK insurance markets. Being able to discuss compliance and governance policies will show that you understand the importance of these aspects in pricing strategies.
