At a Glance
- Tasks: Lead a team to analyse data and shape pricing strategies for home insurance.
- Company: A leading UK insurer known for innovation in pricing and analytics.
- Benefits: Competitive salary, car allowance, bonus scheme, and private medical insurance.
- Other info: Flexible hybrid working and excellent career growth opportunities.
- Why this job: Make a real impact on a major home insurance portfolio while developing your leadership skills.
- Qualifications: Experience in personal lines insurance pricing and strong analytical skills.
The predicted salary is between 65000 - 80000 £ per year.
I'm hiring a Home Risk Pricing Manager for a leading UK insurer with a strong reputation for investing in pricing, analytics, and data science.
This role sits within the Home Pricing function and offers a blend of pricing strategy, analytical problem-solving, and team leadership, supporting the delivery of profitable growth across the home insurance portfolio.
The role
Reporting into the Senior Home Risk Pricing Manager, you'll play a key role in shaping pricing strategy for the home insurance book.
This isn't a pure modelling role.
Instead, you'll use models, data, and pricing insight to make commercial decisions about how pricing should be adjusted to drive growth and profitability.
You'll spend roughly half your time leading and coaching analysts, with the remainder focused on hands-on pricing analysis and strategy.
- What you'll be doing
- Lead and develop a small team of pricing analysts
- Analyse policy, quote, claims, market and risk data to identify pricing opportunities
- Develop and deliver pricing insights to improve profitability and growth
- Work closely with Data Science, Actuarial, Underwriting and Engineering teams
- Critically review pricing and risk models developed by actuaries and data scientists
- Translate model outputs into effective pricing strategies and actions
- Identify customer segments where pricing can be optimised
- Support peer reviews, coaching and mentoring across the team
- What they're looking for Essential
- Personal lines insurance pricing experience (Home, Motor, Van, Travel, Bike, etc.)
- Senior Pricing Analyst, Risk Pricing Analyst, Pricing Manager or Risk Pricing Manager background
- Strong analytical and commercial mindset
- Experience working with pricing and risk models
- Strong stakeholder management and communication skills
- Python preferred (R also considered)
- SQL experience is beneficial
- Ability to turn analytical findings into pricing strategy and business outcomes
- Nice to have
- Team leadership or mentoring experience
- Experience managing pricing portfolios
- Exposure to Home Insurance pricing specifically
Why join?
- Highly respected pricing and analytics function
- Opportunity to influence a major Home Insurance portfolio
- Strong blend of leadership and hands-on analytical work
- Flexible hybrid working
- Excellent benefits package
- Opportunity to work alongside Pricing, Data Science, Underwriting and Actuarial specialists
Package
- £65,000-£80,000 (potential flexibility for exceptional candidates)
- £5,000 car allowance
- Annual bonus scheme
- Private medical insurance
- Matched pension up to 10%
- 27 days holiday + bank holidays
- Hybrid working
Home Risk Pricing Manager in Leicester employer: Jobiqo
Bromley Council is an exceptional employer, dedicated to fostering a supportive and inclusive work environment where employees can thrive. With a strong commitment to professional development, flexible working arrangements, and a generous benefits package, including a local government pension scheme and unique discounts, the Council prioritises employee well-being and career growth. Located in the vibrant Bromley Civic Centre, you will be part of a team that plays a crucial role in shaping the future of the borough while enjoying the balance of urban and suburban life.
StudySmarter Expert Advice🤫
We think this is how you could land Home Risk Pricing Manager in Leicester
✨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 Jobiqo). 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 Jobiqo. 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 Home Risk Pricing Manager in Leicester
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 Jobiqo.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Jobiqo. 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 Jobiqo
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Jobiqo 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 Jobiqo, 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 Jobiqo'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.
