At a Glance
- Tasks: Drive pricing strategy and analyse market trends to optimise pet insurance offerings.
- Company: Join a passionate team dedicated to improving the lives of pets and their owners.
- Benefits: Enjoy a fun work culture, competitive salary, and opportunities for personal growth.
- Other info: Collaborative environment with strong career development support.
- Why this job: Make a real impact in the pet insurance industry while working with innovative pricing strategies.
- Qualifications: Degree in Mathematics or related field; experience in pricing and predictive modelling preferred.
The predicted salary is between 60000 - 75000 £ per year.
About us
We love pets - which is why we’re on a mission to make the world a better place for pets and their parents. We offer pet insurance policies with generous pet health benefits that are designed with their needs in mind. We’ve helped half a million pets stay happy and healthy since 2017 - and many more customers throughout the world are joining us every day. Our company is respectful, fun-loving and passionate about pets and their wellbeing. Throughout our business you'll meet people who think differently, aim for impact, and love to try new things. Want to join our pack? Join us. Love every moment. Love ManyPets.
About the Opportunity
This is an exciting opportunity to join our wider Underwriting team. You’ll be a key figure in driving the evolution and growth of ManyPets, supporting and innovating processes across our UK Pet insurance book. In this role, you’ll use your deep expertise in market pricing and pricing optimisation to support our Pricing strategy by monitoring and analysing market trends and making the best of your unique skill set across market pricing and loss ratio analysis to deliver actionable insight to the business. You’ll be at the heart of the Underwriting team, reporting to our Head of Pricing and building strong relationships in Underwriting, Actuarial, Finance and Marketing teams.
Your Focus
- Work closely with our Head of Pricing to deliver pricing strategy, deputising where needed.
- Lead the development and refinement of pricing strategy in collaboration with the Head of Pricing, providing leadership and guidance to the pricing team.
- Own market pricing activities including development of our demand, elasticity, and market pricing models and own and develop our pricing optimisation framework.
- Providing inputs into the management and development of our lifetime value modelling and multi-year price optimisation models and strategic approach.
- Monitor market trends and extract insight on competitor benchmarking to make rate recommendations.
- Build a strong relationship with marketing and keep the business informed of our competitive position and conversion performance in our trading meetings.
- Support the Head of Pricing as needed to act as pricing representative in trading meetings to put forth pricing viewpoints on trading performance and upcoming changes.
- You’ll communicate results effectively to realise business gains from valuable insight and present rate recommendations to senior stakeholders, external parties, and pricing committees.
- Support and peer review analysts with line management responsibility for one pricing analyst.
What Leads to Success
Here are some of the individual skills we know will enable you to succeed in this position. If you don’t tick every box - don't worry, as we can support you in both your personal and professional development:
- You bring high accuracy, quality, and attention to detail in everything you do.
- You’re able to work and learn quickly in a fast-paced and often changeable environment.
- You’re detail focused, analytical, and able to communicate outputs clearly and simply.
- You build collaborative relationships and demonstrate the ability to influence across the business - you make change happen by working well with others.
- You're customer-centric and can view what you do through customer’s eyes - while remaining commercially astute.
- Your colleagues know you as being a clear communicator, and someone who can present persuasively and explain why something is important.
- You’re curious - you like to keep up to date with technical developments in the insurance industry.
What We’re Looking For
Ideally, you’ll already be a Pricing Manager or experienced senior analyst with technical pricing skills looking to step up. You have strong commercial experience in a pricing role, preferably direct or aggregator-led personal lines insurance. You’ll be an expert in predictive modelling and price optimisation with exposure to the latest emerging techniques in these domains such as machine learning and AI. You’re up to date with technical developments in the insurance industry and best practice in actuarial methods. You're a confident user of pricing tools, systems, and languages such as Python, SQL, Earnix, Radar or similar. Owing to the nature of the role, we will need you to have a degree-level qualification (or equivalent) in Mathematics, Science, Engineering, or a related degree, with a minimum of a 2:1 classification.
Market Pricing Manager in London employer: ManyPets
At ManyPets, we are not just passionate about pets; we are dedicated to creating a vibrant and supportive work environment where innovation thrives. As a Market Pricing Manager, you will be part of a dynamic team that values collaboration and personal growth, offering opportunities for professional development while making a meaningful impact on the lives of pets and their owners. Join us in our mission to revolutionise pet insurance, and enjoy the benefits of a fun-loving culture that prioritises both employee wellbeing and customer satisfaction.
StudySmarter Expert Advice🤫
We think this is how you could land Market Pricing Manager in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working at ManyPets. A friendly chat can open doors and give you insider info on what it’s really like to work here.
✨Tip Number 2
Prepare for your interview by knowing our mission inside out. Show us how your skills in market pricing and analysis can help make the world a better place for pets. We love passion and purpose!
✨Tip Number 3
Don’t just talk about your experience; bring it to life with examples. Share specific instances where you’ve driven pricing strategies or analysed market trends. We want to see your impact!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our pack at ManyPets.
We think you need these skills to ace Market Pricing Manager in London
Some tips for your application 🫡
Show Your Passion for Pets:We want to see your love for pets shine through in your application! Share any personal experiences or insights that connect you to our mission of making the world a better place for pets and their parents.
Tailor Your CV and Cover Letter:Make sure to customise your CV and cover letter to highlight your relevant skills and experiences. Use keywords from the job description to show us you’re the perfect fit for the Market Pricing Manager role.
Be Clear and Concise:When writing your application, keep it clear and to the point. We appreciate well-structured responses that communicate your ideas effectively, especially when discussing your pricing expertise and analytical skills.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity to join our pack.
How to prepare for a job interview at ManyPets
✨Know Your Numbers
As a Market Pricing Manager, you'll need to demonstrate your expertise in pricing optimisation and market trends. Brush up on key metrics and be ready to discuss how you've used data to drive decisions in previous roles. This will show that you can hit the ground running!
✨Show Your Passion for Pets
Since ManyPets is all about making the world better for pets, let your love for animals shine through during the interview. Share any relevant experiences or insights that connect your professional skills with their mission. It’ll help you stand out as someone who truly aligns with their values.
✨Prepare for Technical Questions
Expect questions around predictive modelling and pricing tools like Python and SQL. Be prepared to discuss specific projects where you've applied these skills. Practising your responses will help you communicate your technical expertise clearly and confidently.
✨Build Relationships Virtually
Since collaboration is key in this role, think of examples where you've successfully influenced others or built strong relationships across teams. Prepare to share these stories, as they’ll highlight your ability to work well with the Underwriting, Actuarial, Finance, and Marketing teams.