Pricing Manager

Pricing Manager

Reigate Temporary 43200 - 72000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead a team to enhance pricing models and drive data-driven insights.
  • Company: Join esure Group, a leader in innovative insurance solutions since 2000.
  • Benefits: Enjoy competitive salary, flexible working, and generous leave options.
  • Why this job: Be part of a transformative team making a real impact in the insurance industry.
  • Qualifications: Experience in pricing within personal lines insurance and strong analytical skills required.
  • Other info: Hybrid working model and commitment to diversity and inclusion.

The predicted salary is between 43200 - 72000 £ per year.

Ready to join a team that\’s leading the way in reshaping the future of insurance? Here at esure Group, we are on a mission to revolutionise insurance for good!

We’ve been providing Home and Motor Insurance since 2000, with over 2 million customers trusting us to keep them covered through our esure and Sheilas’ Wheels brands. With a bold commitment for digital innovation, we\’re transforming the way the industry operates and putting customers at the heart of everything we do. Having completed our recent multi-year digital transformation, we’re now leveraging advanced technology and data-driven insights alongside exceptional service, to deliver personalised experiences that meet our customers ever-changing needs today and in the future.

Job Description

We are currently recruiting for a Pricing Manager to join us on a12-month fixed term contractbasis. Our Pricing team is the engine room of our business and key to our continued success. The Pricing Manager will use technical skills and experience to deliver significant improvements to our pricing models, capability and analysis. You will also lead a small team of Analysts, empowering them to be pioneers in the pricing space and make an impact.

What you’ll do:

  • Be a senior member of our Portfolio Pricing team working across multiple ongoing projects.
  • Drive key benefits through our pricing models, capability, analysis and insights.
  • Lead the identification of challenges and opportunities by interpreting our data and advising on appropriate action.
  • Implement retail and risk models into live pricing and well-constructed pricing tests to drive an iterative model improvement.
  • Track trading performance and OKRs, the risk mix and loss performance.
  • Own sign-off meetings with senior members of the business to obtain approval for any recommended changes, taking responsibility for the clear articulation of the business benefits/risks and the pros/cons of the methodology used.
  • Be the 1st line of defence in making sure all models implemented adhere to regulatory and fair value measures by challenging models.

Qualifications

What we’d love you to bring:

  • Extensive Pricing experience in either a Pricing Manager or Principal Pricing Analyst capacity within the Personal Lines Insurance market.
  • Strong analytical mindset with a curiosity for data and fantastic data manipulation skills.
  • Significant experience in delivering statistical models, e.g. GLMs, GBMs or other relevant techniques.
  • Excellent leadership skills with the ability to coach, lead and mentor individuals in a team.
  • Strong governance awareness to make sure models implemented fully adhere to regulatory and far value measures.
  • Any experience of Radar and Emblem is highly advantageous
  • Any experience in SAS, SQL or Python is a nice to have but not essential.

Additional Information

The Interview Process (subject to change):

  • You’ll start with an introductory call with one of our Talent Partners. This is a ‘get to know you session’ and for you to explore the position in more detail.
  • 1st stage interview: 1.5 hourwith our Head of Portfolio Pricing and 1 other senior member of the Pricing team.
  • 2nd stage: 30 minute interview with our Pricing Director.

What’s in it for you?:

  • Competitive salary that reflects your skills, experience and potential.
  • Discretionary bonus scheme that recognises your hard work and contributions to esure’s success.
  • 28days annual leave, plus 8 flexible days and the ability to buy and sell further holiday.
  • Our flexible benefits platform is loaded with perks to choose from, so you can build a personal toolkit to support your health, wellbeing, lifestyle, and finances.
  • Company funded private medical insurance for qualifying colleagues.
  • Fantastic discounts on our insurance products! 50% off for yourself and spouse/partner and 10% off for direct family members.
  • We’ll elevate your career with hands-on training, mentoring, access to our exclusive academies, regular career conversations, and expert partner resources.
  • Driving good in the world couldn’t be more important to us. Our colleagues can use 2 volunteering days per year to support their local communities.
  • Join our internal networks and communities to connect, learn, and share ideas with likeminded colleagues.
  • We’re a proud supporter of the ABI’s ‘Make Flexible Work’ campaign and welcome you to ask about the flexibility you need. Our hybrid working approach also puts you in the driving seat of how and where you do your best work.

We are committed to creating an inclusive and diverse workplace where everyone feels valued, respected, and empowered. We celebrate individuality and create spaces where unique backgrounds and experiences can come together. We believe that diverse perspectives drive innovation, in turn enabling us to better serve our customers, community and build a stronger organisation. Our commitment to inclusion extends to every part of our business, from hiring practices to professional growth opportunities, ensuring equal access and support for all.

Job Location

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Pricing Manager employer: Esure Services Limited

At esure Group, we pride ourselves on being an exceptional employer, offering a dynamic work culture that champions innovation and collaboration. As a Pricing Manager, you'll not only lead a talented team but also benefit from competitive salaries, generous leave policies, and extensive professional development opportunities, all while contributing to our mission of revolutionising insurance for good. Our commitment to flexibility and inclusivity ensures that every employee feels valued and empowered to thrive in their role.
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Contact Detail:

Esure Services Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pricing Manager

✨Tip Number 1

Familiarise yourself with the latest trends in pricing models within the insurance industry. Understanding how companies like esure are leveraging data-driven insights will help you speak confidently about your ideas during interviews.

✨Tip Number 2

Prepare to discuss specific examples of how you've improved pricing models in your previous roles. Highlighting your analytical mindset and leadership skills will demonstrate your fit for the Pricing Manager position.

✨Tip Number 3

Network with professionals in the insurance sector, especially those who have experience with Radar and Emblem. This can provide you with valuable insights and potentially lead to referrals that could strengthen your application.

✨Tip Number 4

During your interviews, be ready to articulate how you would ensure compliance with regulatory measures in pricing models. Showing your governance awareness will set you apart as a candidate who understands the importance of fair value.

We think you need these skills to ace Pricing Manager

Extensive Pricing Experience
Analytical Mindset
Data Manipulation Skills
Statistical Modelling (e.g. GLMs, GBMs)
Leadership Skills
Coaching and Mentoring
Governance Awareness
Regulatory Compliance Knowledge
Experience with Radar and Emblem
Familiarity with SAS, SQL or Python
Project Management
Problem-Solving Skills
Communication Skills
Team Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your extensive pricing experience, particularly in the Personal Lines Insurance market. Emphasise your analytical skills and any relevant statistical models you've delivered.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for esure Group's mission to revolutionise insurance. Mention specific projects or achievements that demonstrate your leadership skills and ability to drive improvements in pricing models.

Showcase Technical Skills: If you have experience with tools like Radar, Emblem, SAS, SQL, or Python, be sure to include this in your application. Highlight how these skills can contribute to the role of Pricing Manager.

Prepare for Interviews: Research esure Group's recent digital transformation and think about how your background aligns with their goals. Be ready to discuss how you would lead a team of analysts and implement effective pricing strategies.

How to prepare for a job interview at Esure Services Limited

✨Showcase Your Analytical Skills

As a Pricing Manager, your analytical mindset is crucial. Be prepared to discuss specific examples of how you've used data to drive pricing decisions and improvements in previous roles. Highlight any statistical models you've delivered, such as GLMs or GBMs.

✨Demonstrate Leadership Experience

Since you'll be leading a team of Analysts, it's important to showcase your leadership skills. Share experiences where you've coached or mentored team members, and explain how you empower others to excel in their roles.

✨Understand the Regulatory Landscape

Familiarise yourself with the regulatory measures that impact pricing in the insurance industry. Be ready to discuss how you've ensured compliance in past projects and how you would approach governance in your new role.

✨Prepare for Technical Questions

Expect technical questions related to pricing models and data manipulation. Brush up on tools like SAS, SQL, or Python, even if they're not essential. Being able to discuss your technical proficiency will demonstrate your readiness for the role.

Pricing Manager
Esure Services Limited
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