Senior DA Pricing & Analytics Manager

Senior DA Pricing & Analytics Manager

Full-Time 58500 - 71500 £ / year (est.) Hybrid
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At a Glance

  • Tasks: Lead a dynamic team in pricing and analytics, driving data quality and insights.
  • Company: Join Great Lakes Insurance, a key player in the Munich Re Group.
  • Benefits: Enjoy competitive pay, generous leave, and a supportive work environment.
  • Other info: Embrace diversity and inclusion in a collaborative workplace.
  • Why this job: Make a real impact in insurance innovation while developing your career.
  • Qualifications: Experience in insurance pricing and strong data analytics skills required.

The predicted salary is between 58500 - 71500 £ per year.

Together, we engage with everything we have and are, to help humankind act braver and better.

About Great Lakes Insurance SE: As a specialty provider of primary insurance services in the UK, Great Lakes London Branch ("GLLB") is a substantial part of Great Lakes Insurance SE in Munich. Our interlocked business model is to seize opportunities closely connected to the reinsurance core business and innovation opportunities, in our role as an integral part of the Munich Re Group. Great Lakes Insurance SE operates from its headquarters in Munich, and via branch offices in UK, Ireland, Switzerland, Italy and Australia. Great Lakes Insurance UK Limited ("GLLS"), regulated by Prudential Regulation Authority and the Financial Conduct Authority, is a fully owned subsidiary of Great Lakes Insurance SE and acts as the preferred facilitator of agency insurance business in the UK in the post-Brexit world.

Key Responsibilities:

  • Manage the Pricing and Analytics team, ensuring excellent data quality and governance across UK Underwriting and Product Team data, and driving effective data management and insight generation.
  • Lead the development and maintenance of internal MI dashboards and data initiatives that support the wider business, providing clear reporting on Underwriting and Product performance for senior management and internal and external stakeholders, including GIPP quarterly and annual attestation.
  • Oversee and review pricing of DA products, including analysis of commissions, ensuring robust data governance underpins all pricing outputs.
  • Review pricing models, product definitions, and data analytic techniques used during the product approval process for any new products distributed by Great Lakes.
  • Provide feedback on price and value during the product review process, ensuring our products meet regulatory requirements from a pricing, data governance, and monitoring perspective.
  • Support and add value to the continuous monitoring process for our delegated authority business, embedding strong data practices throughout.
  • Lead the Pricing and Analytics team's collaboration with Underwriting and Product Teams across London and Munich on analytical topics and data initiatives.
  • Build and maintain strong stakeholder relationships, participating in selected quarterly meetings with respective Business Units or Agents to discuss current performance and data-driven insights.

Competencies:

  • Drives results (we think big) – you consistently achieve results even under tough circumstances, with the organisation’s performance in the front of your mind. You make good and timely decisions to keep things moving, using analysis, experience and judgement.
  • Business insight (we think big) – you can apply your knowledge of the business and the market to advance your business’ and wider organisation’s goals.
  • Collaboration (we lead the 'we') – you identify opportunities and bring the right people together to work on a common goal, encouraging diversity of opinion, whilst maintaining clarity and unity of direction.
  • Client focus (we grow with our clients) – you build and maintain strong client relationships (internal and external), listening to their needs and working with them to ensure value is created.
  • Cultivates innovation (we grow with our clients) – you create new and better ways for Munich Re to be successful e.g., generating ideas, creating efficiencies, harnessing new technology etc.
  • Courage (we care and dare) – you are willing to challenge the status quo and address difficult issues, saying what you believe needs to be said. You also continue to operate effectively even when things are uncertain and the way forward is unclear.
  • Persuades (we are clear and authentic) – you use clear and compelling arguments to gain the support, enthusiasm and commitment of others, whilst ensuring you take time to actively listen to the diversity of views and opinions.

Key Skills & Experience:

  • Proven experience in personal lines pricing roles within the insurance industry, with a strong understanding of pricing and underwriting performance.
  • Strong data governance and data quality management experience, with hands-on data analytics experience and relevant software training (e.g. SQL, Python, Power BI, or similar).
  • Demonstrated experience developing and maintaining MI dashboards and leading data initiatives, ideally within an insurance or financial services environment.
  • Proven people management experience, with the ability to lead, develop, and motivate a team.
  • Strong analytical abilities and organisational skills, with excellent attention to detail.
  • Strong interpersonal skills, a collaborative team player, and highly motivated.
  • Excellent communication and presentation skills, with the ability to engage and influence stakeholders across the business, including senior management.

Desired Qualifications and Educational Background:

  • Knowledge of Power BI (or other visualisation tools)
  • Knowledge of R and/or Python
  • Suitable technical experience or equivalent technical degree

Thought Leaders: You are seen as an expert in your field and will be the go-to person for your area of specialism within Munich Re. You will be seen as a role model/mentor to others – identifying opportunities to share your knowledge with others. You will demonstrate and role model inclusive behaviour and encourage your colleagues to play an active role in creating an inclusive culture as well. You will treat your colleagues and sales and business partners fairly and with respect.

Benefits: You will be rewarded with a great compensation package, on target bonus, 25 days annual leave with the option to purchase more along with private medical insurance and employers' contributory pension of 10%. We are one of the few employers to offer fully paid 6 months family leave for times when you need it the most.

Diversity, Equity & Inclusion: At Munich Re, embracing the power of differences is at the core of who we are. We believe diversity fosters resilience and innovation and enables us to act on our purpose of helping humankind act braver and better. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed. All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.

Senior DA Pricing & Analytics Manager employer: Great Lakes Insurance SE

Great Lakes Insurance SE is an exceptional employer, offering a dynamic work culture that prioritises collaboration, innovation, and diversity. With a strong commitment to employee growth, we provide comprehensive benefits including a competitive compensation package, generous leave policies, and a supportive environment that encourages professional development. Located in the heart of London, our team thrives on meaningful engagement and the opportunity to make a real impact in the insurance industry.

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Contact Details:

Great Lakes Insurance SE Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior DA Pricing & Analytics Manager

✨Dive Into Industry Networking Events

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We think you need these skills to ace Senior DA Pricing & Analytics Manager

Data Governance
Data Quality Management
Data Analytics
SQL
Python
Power BI
MI Dashboard Development

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Great Lakes Insurance SE.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Great Lakes Insurance SE. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at Great Lakes Insurance SE

✨Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Great Lakes Insurance SE to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

✨Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

✨Prepare for Behavioural Questions

As a full-timer at Great Lakes Insurance SE, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

✨Know the Company Culture Inside Out

Understanding Great Lakes Insurance SE's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.