At a Glance
- Tasks: Lead a team to enhance pricing strategies for home insurance products using data and market insights.
- Company: Join a top digital insurer transforming the insurance pricing landscape.
- Benefits: Competitive salary, car allowance, hybrid work, and generous holiday package.
- Other info: Great career progression opportunities in a collaborative environment.
- Why this job: Make a real impact in a dynamic role focused on innovative pricing solutions.
- Qualifications: Experience in risk pricing, strong analytical skills, and leadership potential.
The predicted salary is between 67500 - 82500 £ per year.
- Risk Pricing Manager
- London (Hybrid – 1 day per week on average)
- THE COMPANY
Join one of the UK's leading digital insurers, investing heavily in pricing, data and analytics to transform how insurance products are priced.
You'll join a collaborative pricing function focused on using data, market trends and innovative techniques to improve commercial performance while delivering fair customer outcomes.
THE ROLE
You'll lead a small team within the Home Risk Pricing function, helping deliver pricing strategy across home insurance products.
This is a commercially focused role where you'll enhance existing pricing models, analyse market trends and translate insights into pricing decisions rather than building models from scratch.
Working closely with the Home Analytics & Pricing team, you'll review actuarial models, identify opportunities to improve pricing performance and ensure pricing strategies remain competitive in the market.
Responsibilities include
- Lead and develop a small team of Pricing Analysts.
- Enhance and maintain existing pricing models.
- Deliver pricing strategy across Home Insurance products.
- Analyse claims, market and customer data to identify pricing opportunities.
- Review actuarial models and optimise how they are applied commercially.
- Work closely with the Home Analytics & Pricing team and wider stakeholders.
- Translate analytical insights into commercial pricing decisions.
- Drive continuous improvements using new data and market trends.
- YOUR SKILLS AND EXPERIENCE
- Experience in Risk Pricing or Pricing within personal lines insurance.
- Home insurance experience is preferred, although Motor, Van, Bike or Travel insurance backgrounds will also be considered.
- Commercial pricing experience with the ability to interpret model outputs and deliver business insight.
- Python preferred (R also considered).
- SQL really useful.
- Previous leadership experience is advantageous, although candidates looking to step into management will also be considered.
- Strong analytical mindset with excellent stakeholder communication skills.
- THE BENEFITS
- Salary up to £80,000 (£85,000 for exceptional management experience).
- £5,000 Car Allowance.
- Hybrid working (around one day per week in the office).
- Annual bonus.
- Private Medical Insurance.
- Up to 10% matched pension.
- 27 days holiday plus bank holidays, with the option to buy or sell leave.
- Excellent learning and career progression opportunities.
HOW TO APPLY
Please register your interest by sending your CV to
Max Beadle at Harnham via the Apply link on this page.
Risk Pricing Manager employer: Harnham
As a leading specialist data consultancy, we pride ourselves on fostering a collaborative and innovative work culture that empowers our Analytics Engineering Consultants to thrive. With a focus on professional development, we offer extensive growth opportunities and the chance to work on high-impact projects across diverse industries, all while enjoying the flexibility of remote work in the UK. Join us to be part of a team that values your expertise and encourages you to influence strategy and drive meaningful change for our clients.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Pricing Manager
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Harnham). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Harnham. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Risk Pricing Manager
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 Harnham.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Harnham. 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 Harnham
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Harnham 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 Harnham, 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 Harnham'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.
