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- Tasks: Lead innovative pricing solutions and drive commercial success across the company.
- Company: Dynamic retail pricing division with a focus on collaboration and innovation.
- Benefits: Private medical care, yearly bonuses, 24 days leave, and life assurance.
- Why this job: Make a real impact in a fast-paced environment while leading a talented team.
- Qualifications: Strong experience in pricing management and excellent communication skills.
- Other info: Flexible hybrid working with vibrant, modern offices.
The predicted salary is between 36000 - 60000 £ per year.
This role sits within our Retail Pricing - Modelling & Optimisation division.
Location: We operate flexible hybrid working for these positions and have offices based in Manchester and Peterborough.
Role purpose
The successful candidate is responsible for leading technical pricing solutions in order to drive commercial outcomes across the company. This includes strategic and technical leadership, team leadership, organisational awareness, ability to drive change, collaboration and innovation.
Key Responsibilities
- Strategic ownership and leadership of pricing solutions
- Drive change and innovation to ensure continuous improvement
- End to end production of pricing models using a tailor-made pricing pipeline
- Use of pricing software to build predictive statistical models and intelligently optimise customer prices
- Contribute and implement improvements to the pricing process to increase pricing performance and efficiency
- Contribute and lead research and development opportunities to help innovate and improve current modelling and pricing methodologies
- Ensure all activity is compliant with pricing governance and follows established controls
- Work closely with the Street Pricing Team to ensure pricing models meet business objectives, and manage relationships with key stakeholders around the business
- Manage a team of varying experience, including managers
About you:
- 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
- Experience of WTW’s Radar software or Earnix software
- Strong commercial acumen
- Experience of retail pricing optimisation
- Experience with predictive modelling techniques
- Experience in statistical and data science programming languages
- A quantitative degree
What we offer in return?
- A collaborative and fast paced work environment
- Private medical health care plan
- Yearly bonus scheme
- 24 days annual leave plus Bank Holidays and the ability to buy additional leave
- Life Assurance 4x annual salary
- Vibrant, modern offices
Head of Modelling & Optimisation in Manchester employer: Markerstudy Group
Contact Detail:
Markerstudy Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Modelling & Optimisation in Manchester
✨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 pricing strategies. Show them you’re not just another candidate; demonstrate your understanding of their business and how you can drive change and innovation.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience with predictive modelling and team leadership clearly and confidently. We want to hear how you can lead technical pricing solutions that deliver real commercial outcomes.
✨Tip Number 4
Don’t forget to 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 team.
We think you need these skills to ace Head of Modelling & Optimisation in Manchester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Head of Modelling & Optimisation. Highlight your experience with pricing solutions and team leadership, and don’t forget to mention any relevant software skills like WTW’s Radar or Earnix.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to showcase your strategic vision for pricing models and how you can drive change and innovation at StudySmarter. Keep it engaging and personal!
Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to lead teams and improve pricing performance. Numbers and results speak volumes, so don’t hold back!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you in front of the right people quickly!
How to prepare for a job interview at Markerstudy Group
✨Know Your Pricing Models
Make sure you brush up on your knowledge of pricing models and optimisation techniques. Be ready to discuss specific examples of how you've used predictive modelling in past roles, especially with tools like WTW’s Radar or Earnix. This will show that you’re not just familiar with the concepts but have practical experience too.
✨Showcase Your Leadership Skills
As a Head of Modelling & Optimisation, you'll need to demonstrate strong leadership capabilities. Prepare to share examples of how you've successfully managed teams and driven change in previous positions. Highlight your ability to communicate effectively with senior stakeholders and how you've fostered collaboration within your team.
✨Understand the Business Objectives
Familiarise yourself with the company's goals and how the pricing models contribute to achieving them. During the interview, articulate how your strategic vision aligns with their objectives. This shows that you’re not only focused on the technical aspects but also understand the bigger picture.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and decision-making process. Think about challenges you've faced in pricing optimisation and how you overcame them. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly and effectively.
