At a Glance
- Tasks: Design and optimise pricing strategies for Personal Lines products, focusing on Motor lines.
- Company: Join a dynamic team at DUAL UK, a leader in insurance innovation.
- Benefits: Define your career with flexible hours, hybrid working, and supportive colleagues.
- Other info: Collaborate with cross-functional teams and enjoy excellent career growth opportunities.
- Why this job: Make a real impact in a fast-paced environment while developing your pricing expertise.
- Qualifications: Strong experience in UK Personal Lines pricing, especially Motor; degree in a numerate discipline.
The predicted salary is between 60000 - 75000 £ per year.
The Personal Lines Pricing Manager is a senior technical pricing role responsible for the design, deployment and ongoing optimisation of pricing strategies within DUAL UK’s Personal Lines portfolio.
Key Responsibilities
- Develop and optimise pricing strategies for Personal Lines products, with a primary focus on Motor lines.
- Translate underwriting appetite and portfolio objectives into effective pricing actions.
- Contribute across the end‑to‑end pricing lifecycle from analysis to deployment and monitoring.
- Balance risk, profitability, competitiveness and growth objectives.
- Design, enhance and maintain pricing models and rating structures.
- Calibrate rating factors in response to experience and market movement.
- Support development of pricing tools, automation and MI.
- Contribute to advancing pricing capability over time.
- Develop and maintain pricing MI and rate monitoring.
- Analyse pricing performance by product, segment and channel.
- Contribute to business planning and portfolio reviews.
- Act as key pricing contact for Underwriting teams and provide expert pricing input and constructive challenge.
- Collaborate with Actuarial (reserving), Claims, Operations and Technology as needed.
- Communicate recommendations clearly to senior stakeholders.
- Ensure pricing complies with regulatory and internal governance standards.
- Support pricing governance forums and audits.
- Maintain strong documentation and change control.
Candidate Requirements
- Strong experience in UK Personal Lines pricing.
- Motor experience is essential.
- Experience of specialist motor lines is an advantage.
- Additional home pricing experience is an advantage.
- Proven hands‑on capability in pricing model development and rate optimisation.
- Excellent numerical and analytical skills, and commercial mindset.
- Strong interpersonal, stakeholder management and communication / presentation skills with the ability to influence cross‑functional teams and senior stakeholders.
- Familiarity with range of pricing tools such as Radar/Emblem to R, Python and Excel.
- Degree‑level qualification in a numerate discipline.
- Evidence of ability and appetite to succeed in a fast‑paced, rapidly evolving growth business.
Benefits
A career that you define. We support each other in the small everyday moments and the bigger challenges.
Reasonable Adjustments
We are committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours or hybrid working.
Pricing Manager in Romford employer: DCR
DUAL UK is an exceptional employer that fosters a collaborative and supportive work culture, particularly for the role of Personal Lines Pricing Manager. With a strong emphasis on employee growth and development, we offer flexible working arrangements and a commitment to reasonable adjustments, ensuring that every team member can thrive in their role. Our focus on innovation and optimisation within the Personal Lines portfolio provides a dynamic environment where your contributions directly impact our success.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Manager in Romford
✨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 practising common questions and scenarios related to pricing strategies. We recommend doing mock interviews with friends or using online resources to boost your confidence.
✨Tip Number 3
Showcase your skills! Create a portfolio or case studies that highlight your experience in pricing model development and rate optimisation. This will give you an edge and demonstrate your hands-on capability.
✨Tip Number 4
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 Manager in Romford
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Pricing Manager role. Highlight your experience in UK Personal Lines pricing, especially in Motor lines, and any relevant skills that match the job description.
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use specific examples from your past work where you developed pricing strategies or optimised models. This will show us you’ve got the hands-on capability we’re looking for.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Explain why you’re passionate about pricing and how your background aligns with our needs. Make it personal and engaging to grab our attention.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at DCR
✨Know Your Numbers
As a Pricing Manager, you'll need to demonstrate your strong numerical and analytical skills. Brush up on key metrics related to pricing strategies, especially in the Personal Lines sector. Be ready to discuss how you've used data to influence pricing decisions in your previous roles.
✨Showcase Your Technical Skills
Familiarity with pricing tools like Radar, Emblem, R, Python, and Excel is crucial. Make sure you can talk about your hands-on experience with these tools. Prepare examples of how you've developed or optimised pricing models in the past, as this will show your technical prowess.
✨Communicate Clearly
You'll be working with various teams and senior stakeholders, so strong communication skills are a must. Practice explaining complex pricing concepts in simple terms. Think of examples where you've successfully influenced decisions through effective communication.
✨Understand the Market
Stay updated on the latest trends in the UK Personal Lines market, especially in Motor insurance. Be prepared to discuss how market movements can impact pricing strategies. Showing that you understand the competitive landscape will set you apart from other candidates.
