At a Glance
- Tasks: Lead pricing strategy and analyse market trends to drive commercial impact.
- Company: Established UK insurer with a focus on innovation and data-driven decisions.
- Benefits: Competitive salary, performance bonus, hybrid working, and comprehensive benefits.
- Other info: Great career progression opportunities in a collaborative and supportive team.
- Why this job: Shape the future of pricing in a dynamic environment and make a real difference.
- Qualifications: Experience in pricing or analytics, strong data interpretation skills, and leadership interest.
The predicted salary is between 65000 - 70000 £ per year.
This is a high-impact opportunity to take ownership of pricing decisions within a growing personal lines environment. The role offers a strong balance of leadership and hands-on analytical work, with a clear focus on commercial impact rather than pure modelling. You will play a key role in shaping pricing strategy and responding to market trends in a data-driven way.
The Company
They are an established UK insurer with a strong and growing customer base, continuing to invest in pricing, data, and analytics capabilities. Their pricing function plays a central role in business decision-making, working closely with actuarial, underwriting, and data teams. The environment encourages curiosity, collaboration, and the use of new data to challenge existing approaches.
The Role
- Lead and develop a small team of analysts, providing guidance and prioritising workload
- Translate model outputs into clear, commercially actionable pricing decisions
- Analyse claims, policy, and market data to identify pricing opportunities
- Enhance existing pricing models by integrating new datasets and improving performance
- Work cross-functionally with actuarial, data science, and underwriting teams
- Identify market trends and ensure pricing strategies remain competitive and profitable
- Support the delivery and execution of pricing strategy
Your Skills and Experience
- Strong commercial experience within pricing, analytics, or a related discipline
- Ability to interpret data and translate insights into clear business actions
- Experience working with or assessing pricing or risk models
- Exposure to personal lines insurance is beneficial, but strong analytical backgrounds from adjacent sectors are also considered
- Working knowledge of Python or R, with SQL as a useful addition
- Interest in leadership, with experience mentoring or managing others or a clear motivation to do so
- Strong stakeholder communication and influencing skills
What They Offer
- Salary up to £70,000, with some flexibility for exceptional candidates
- Performance-related bonus and a comprehensive benefits package
- Hybrid working model with approximately one day per week in the office
- Private medical cover, pension contribution, life assurance, and wellbeing support
- Clear progression opportunities within a growing pricing and analytics function
Pricing Manager Insurance in Birmingham employer: Harnham
As a leading UK insurer based in the West Midlands, we pride ourselves on fostering a dynamic work environment that champions collaboration and innovation. Our commitment to employee growth is evident through clear progression opportunities within our expanding pricing and analytics function, alongside a competitive salary and comprehensive benefits package. Join us to make impactful pricing decisions while enjoying a hybrid working model that promotes work-life balance and personal well-being.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Manager Insurance in Birmingham
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those working in pricing. Use LinkedIn to connect and engage with them; you never know who might have the inside scoop on job openings.
✨Tip Number 2
Prepare for interviews by brushing up on your analytical skills. Be ready to discuss how you've used data to make impactful pricing decisions in the past. Show them you can translate complex data into actionable insights!
✨Tip Number 3
Don’t just apply anywhere—focus on companies that align with your values and career goals. Check out our website for roles that excite you, and tailor your approach to each company’s culture and mission.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Pricing Manager Insurance in Birmingham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Pricing Manager. Highlight your experience in pricing, analytics, and any leadership roles you've had. We want to see how your skills align 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 passionate about pricing in the insurance sector and how you can contribute to our team. Keep it engaging and relevant to the job description.
Showcase Your Analytical Skills:Since this role involves a lot of data interpretation, make sure to include examples of how you've used data to drive business decisions. We love seeing how you've turned insights into action in your previous roles!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Harnham
✨Know Your Numbers
Make sure you brush up on your pricing and analytics knowledge. Be ready to discuss how you've used data to make impactful pricing decisions in the past. This role is all about translating model outputs into actionable insights, so having specific examples at your fingertips will show you're the right fit.
✨Showcase Your Leadership Skills
Since this position involves leading a small team, be prepared to talk about your leadership style. Share experiences where you've mentored others or led projects. Highlight how you prioritise workloads and support your team in achieving their goals, as this will resonate well with the company's focus on collaboration.
✨Stay Ahead of Market Trends
Research current trends in the personal lines insurance market. Be ready to discuss how these trends could impact pricing strategies. Showing that you can think critically about market dynamics will demonstrate your ability to shape pricing strategies effectively.
✨Communicate Clearly
Strong stakeholder communication is key for this role. Practice explaining complex data insights in simple terms. During the interview, aim to convey your thoughts clearly and confidently, as this will reflect your ability to influence and engage with various teams across the company.
