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- Tasks: Lead pricing strategy to drive commercial success and enhance profitability.
- Company: Join Markerstudy Group, a leader in the insurance industry with a collaborative culture.
- Benefits: Enjoy a yearly bonus, 25 days annual leave, and life assurance.
- Why this job: Make a real impact in a fast-paced environment while innovating pricing techniques.
- Qualifications: Strong experience in pricing management and excellent communication skills.
- Other info: Flexible hybrid working with opportunities for career growth.
The predicted salary is between 43200 - 72000 £ per year.
Join to apply for the Head of Pricing Transformation role at Markerstudy Group. We’re looking for a talented individual to join a fast‑paced, innovative company who are leaders in the insurance industry. This role sits within our Retail Pricing division.
Locations available: Peterborough, Manchester, Stoke‑On‑Trent (flexible hybrid working). We have offices based in the above locations, however, we are open to largely remote working with the occasional travel to an office.
The successful candidate is responsible for leading the pricing strategy in order to drive commercial outcomes across the company. This includes strategic leadership, team leadership, organisational awareness, ability to drive change, collaboration and innovation.
Key Responsibilities- Strategic ownership and leadership of pricing solutions
- Drive change to enhance profitability
- Combine pricing expertise and commercial acumen to deliver outcomes which optimise the P&L
- Ensure all activity is compliant with pricing governance and follows established controls
- Work closely with the Modelling & Optimisation Pricing Team and Street Pricing Team to ensure pricing models/approaches meet business objectives
- Manage relationships with key stakeholders around the business
- Manage a team of varying experience, including managers
- Strong experience managing pricing teams and managers
- Strong communication skills across a variety of audiences, particularly with senior stakeholders
- Extensive experience owning general insurance products, including knowledge of current trends and issues
- Strong understanding of retail pricing optimisation
- Experience with predictive modelling techniques
- Experience in statistical and data science programming languages
- A collaborative and fast paced work environment
- Yearly bonus scheme
- 25 days annual leave plus Bank Holidays and the ability to buy additional leave (annual leave also increases with bonus)
- Life Assurance 4x annual salary
Markerstudy is a leading provider of private insurance in the UK, insuring around 5% of the private cars on the UK roads, 20% of commercial vehicles and over 30% of motorcycles in total premium levels of circa £1.2b. Markerstudy also has a large and growing direct presence in the market as well. Having acquired and successfully integrated Co-op Insurance Services in 2021, BGLi in 2022 & Atlanta in 2024, Markerstudy are now pursuing innovative pricing techniques, taking advantage of an award‑winning insurer hosted rating platform, whilst challenging existing embedded processes.
Head of Pricing Transformation employer: Markerstudy Group
Contact Detail:
Markerstudy Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Pricing Transformation
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who might know someone at Markerstudy. A friendly chat can open doors and give you insider info that could set you apart.
✨Tip Number 2
Prepare for the interview by researching Markerstudy's recent projects and innovations. Show us that you’re not just interested in the role but also passionate about what we do and how you can contribute to our pricing transformation.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the key responsibilities of the Head of Pricing Transformation role. We want to hear how you can drive change and enhance profitability in a clear and confident manner.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you’re serious about joining our innovative team at Markerstudy.
We think you need these skills to ace Head of Pricing Transformation
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Head of Pricing Transformation role. Highlight your experience in managing pricing teams and your knowledge of general insurance products. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of how you've driven change and enhanced profitability in previous positions. We love a good story!
Showcase Your Communication Skills: Since strong communication is key for this role, make sure to demonstrate your ability to engage with various audiences in your application. Whether it's through your CV or cover letter, let us see how you can connect with senior stakeholders.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the easiest way for us to keep track of your application and ensures you’re considered for the role. Plus, we love seeing applications come in through our own platform!
How to prepare for a job interview at Markerstudy Group
✨Know Your Pricing Strategies
Make sure you brush up on the latest trends in pricing strategies, especially in the insurance sector. Be ready to discuss how you've successfully implemented pricing solutions in the past and how they drove commercial outcomes.
✨Showcase Your Leadership Skills
As a Head of Pricing Transformation, you'll need to demonstrate your ability to lead teams effectively. Prepare examples of how you've managed diverse teams and driven change in previous roles, highlighting your communication skills with senior stakeholders.
✨Understand the Business Landscape
Familiarise yourself with Markerstudy Group's position in the market and their recent acquisitions. This knowledge will help you articulate how your experience aligns with their goals and how you can contribute to their innovative pricing techniques.
✨Prepare for Technical Questions
Expect questions about predictive modelling techniques and data science programming languages. Brush up on these areas and be ready to discuss how you've used them to optimise pricing models in your previous roles.
