At a Glance
- Tasks: Shape and execute pricing strategy while leading a high-performing team.
- Company: Join a dynamic company focused on innovation in the London Market.
- Benefits: Flexible working, supportive environment, and opportunities for professional growth.
- Other info: Promote diversity and collaboration in a fast-paced environment.
- Why this job: Make a real impact on pricing strategies and drive business success.
- Qualifications: Degree in a numerate discipline; strong analytical and leadership skills required.
The predicted salary is between 80000 - 100000 £ per year.
Job Overview: Head of Pricing – Hiscox Portfolio Solutions (London Market). Permanent role within the Senior Manager regime.
As a key member of the Portfolio Solutions Leadership team, you will shape and execute pricing strategy across the division, monitor financial performance of portfolio classes, provide independent challenge and insight to senior leaders, and lead a high‑performing pricing team.
Key Responsibilities:- Shape and execute pricing strategy for all portfolio classes, providing independent insight and challenge to the leadership team.
- Partner with underwriting, finance, and risk teams to align pricing with business growth objectives.
- Define and monitor key performance indicators for portfolio and pricing performance.
- Take a broad view of profitability by evaluating all factors that influence performance across the division.
- Drive model development and ensure appropriate methodologies for structured reinsurance and delegated authority business.
- Oversee exposure management and assess systemic risk drivers.
- Conduct tailored pricing analyses for structured insurance products, utilising advanced stochastic modelling techniques.
- Collaborate closely with the Exposure Management team to identify, review and manage key drivers of systemic risk.
- Lead project work in collaboration with other teams (e.g. Finance, MI, Reserving) and provide regular updates on progress, challenges, and opportunities.
- Build, lead, and mentor a high‑performing pricing team, fostering analytical excellence and professional growth.
- Promote collaboration and knowledge sharing across teams and divisions.
- Degree in a numerate discipline; actuarial qualification preferred.
- Proven track record in analytical or pricing leadership, preferably within the London Market.
- Excellent technical and modelling skills, with proficiency in pricing tools and large‑data analysis.
- Strong commercial acumen and ability to influence strategic decisions.
- Excellent communication skills, with the ability to explain complex concepts to non‑technical audiences.
- Solid understanding of London Market business.
- Demonstrated ability to lead, coach and develop teams.
- Innovative and entrepreneurial mindset, capable of bringing clarity and structure to unsolved challenges.
- Ability to work independently, handle ambiguity and collaborate across functions.
Work in a flexible, supportive environment that encourages growth and innovation. We promote diversity, inclusion and flexible working options to suit individual needs.
Head of Pricing - Portfolio Solutions in London employer: Hiscox Underwriting Group Services Ltd (HUGS)
Hiscox is an exceptional employer, offering a dynamic and inclusive work environment in the heart of London. As the Head of Pricing for Portfolio Solutions, you will not only lead a high-performing team but also have access to extensive professional development opportunities and a culture that values innovation and collaboration. With flexible working options and a commitment to diversity, Hiscox ensures that every employee can thrive both personally and professionally.
Contact Details:
Hiscox Underwriting Group Services Ltd (HUGS) Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Head of Pricing - Portfolio Solutions in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their pricing strategies and be ready to discuss how your experience aligns with their goals. Show them you’re not just another candidate!
✨Tip Number 3
Practice your pitch! Be clear about your achievements and how they relate to the role of Head of Pricing. Use specific examples that highlight your analytical skills and leadership experience.
✨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 are proactive and engaged with our brand.
We think you need these skills to ace Head of Pricing - Portfolio Solutions in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in pricing strategy and team leadership. We want to see how your skills align with the role, so don’t hold back on showcasing your achievements!
Showcase Your Analytical Skills:Since this role is all about analytical excellence, be sure to include specific examples of your technical and modelling skills. We love seeing how you've used data to drive decisions and improve performance in previous roles.
Communicate Clearly:Remember, you’ll need to explain complex concepts to various audiences. Use clear and concise language in your application to demonstrate your communication skills. We appreciate straightforwardness and clarity!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Hiscox Underwriting Group Services Ltd (HUGS)
✨Know Your Numbers
As the Head of Pricing, you'll need to demonstrate your analytical prowess. Brush up on key financial metrics and performance indicators relevant to pricing strategies. Be ready to discuss how you've used data to influence decisions in previous roles.
✨Showcase Your Leadership Skills
This role involves leading a high-performing team, so be prepared to share examples of how you've successfully managed and mentored teams in the past. Highlight your approach to fostering collaboration and driving results within a team setting.
✨Understand the London Market
Make sure you have a solid grasp of the London Market landscape. Familiarise yourself with current trends, challenges, and opportunities in the industry. This knowledge will help you engage in meaningful discussions and show that you're well-prepared for the role.
✨Prepare for Technical Questions
Expect to face questions about advanced stochastic modelling techniques and pricing tools. Brush up on your technical skills and be ready to explain complex concepts in a way that's easy to understand. This will showcase your ability to communicate effectively with both technical and non-technical audiences.
