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
ManyPets is an exceptional employer, offering a vibrant work culture that prioritises employee growth and development within the dynamic UK insurance sector. As a Data Engineering Manager, you will benefit from a supportive environment that encourages innovation and collaboration, alongside competitive compensation and comprehensive home office support to ensure your success in this pivotal role.
StudySmarter Expert Advice🤫
We think this is how you could land Market Pricing Manager in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like ManyPets. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Market Pricing Manager in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to ManyPets.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on ManyPets's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at ManyPets
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with ManyPets.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at ManyPets will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former ManyPets employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
