At a Glance
- Tasks: Lead pricing strategies and optimise commercial performance in the insurance sector.
- Company: Dynamic insurance firm focused on sustainable growth and customer value.
- Benefits: Competitive salary, flexible working options, and opportunities for professional development.
- Other info: Join a collaborative environment with strong career advancement potential.
- Why this job: Make a real impact on pricing strategies that drive profitability and customer satisfaction.
- Qualifications: Experience in pricing strategy, analytics, and team leadership required.
The predicted salary is between 80000 - 100000 £ per year.
Responsible for leading pricing, commission and commercial optimisation strategy across a regulated insurance portfolio, driving sustainable growth, profitability and customer value.
Key responsibilities include:
- Developing and executing pricing and commission strategies that balance commercial performance, customer outcomes and regulatory requirements.
- Leading pricing optimisation across acquisition, renewal and retention journeys using advanced analytics, customer lifetime value (LTV) modelling and propensity modelling.
- Designing and embedding proprietary pricing and risk-scoring methodologies to enhance insurer pricing strategies and improve competitiveness.
- Leveraging customer, behavioural and transactional data to generate pricing insights and support commercial decision-making.
- Partnering with insurers, underwriting and actuarial teams to influence pricing approaches, negotiate commercial arrangements and deliver joint optimisation initiatives.
- Ensuring pricing frameworks comply with regulatory expectations relating to fair value, customer outcomes, affordability and conduct risk.
- Supporting business planning through forecasting, scenario modelling, performance analysis and pricing recommendations.
- Establishing robust pricing governance, management information and risk controls.
- Building and leading high-performing pricing and analytics teams while promoting a data-driven, customer-focused culture.
Pricing Director employer: FJN Solutions
FJN Solutions is an excellent employer, offering a dynamic work culture that fosters collaboration and innovation in the heart of London. With a focus on employee growth, we provide opportunities for professional development and skill enhancement, ensuring that our team members thrive in their roles while contributing to meaningful projects in the Personal Lines Broking sector.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Director
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or attend relevant events. We can’t stress enough how personal connections can open doors that applications alone can’t.
✨Tip Number 2
Prepare for interviews by researching the company’s pricing strategies and recent developments. We want you to show that you’re not just interested in the role, but that you understand the market landscape too!
✨Tip Number 3
Practice your pitch! Be ready to discuss how your experience aligns with their needs, especially around pricing optimisation and analytics. We believe confidence is key, so rehearse until it feels natural.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Pricing Director
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Pricing Director role. Highlight your experience in pricing strategies, analytics, and team leadership. We want to see how your skills align with our needs!
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements! Use numbers and examples to demonstrate how you’ve driven growth and improved profitability in previous roles. We love a good success story!
Be Clear and Concise:Keep your application clear and concise. Use straightforward language and avoid jargon unless it’s relevant. We appreciate clarity and want to understand your thought process easily.
Apply Through Our Website:Make sure to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at FJN Solutions
✨Know Your Numbers
As a Pricing Director, you'll need to demonstrate your analytical prowess. Brush up on key metrics related to pricing strategies, customer lifetime value, and profitability. Be ready to discuss how you've used data to drive decisions in past roles.
✨Understand Regulatory Requirements
Familiarise yourself with the regulatory landscape surrounding insurance pricing. Be prepared to talk about how you’ve ensured compliance in previous positions and how you would approach this in the new role. Showing that you can balance commercial performance with regulatory expectations is crucial.
✨Showcase Your Leadership Skills
This role involves building and leading teams, so be ready to share examples of how you've successfully managed high-performing teams in the past. Discuss your approach to fostering a data-driven culture and how you motivate your team to achieve their best.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical pricing challenges or optimise a pricing strategy. Think through potential scenarios in advance and be ready to articulate your thought process, including how you would leverage analytics and customer insights to inform your decisions.
