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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 knowledge of insurance products required.
- Other info: Flexible hybrid working with vibrant, modern offices in Manchester and Peterborough.
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.
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 Salford 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 Salford
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its pricing strategies. We want you to show off your knowledge about their products and how you can contribute to their success. Practice common interview questions and have your own questions ready!
✨Tip Number 3
Showcase your skills with a portfolio or case studies. If you’ve worked on relevant projects, we suggest putting together a presentation that highlights your achievements in pricing optimisation and modelling. This will set you apart from other candidates.
✨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, we love seeing candidates who are proactive and engaged with our brand.
We think you need these skills to ace Head of Modelling & Optimisation in Salford
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Head of Modelling & Optimisation role. Highlight your leadership in pricing solutions and any experience with predictive modelling techniques to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about pricing optimisation and how your background makes you the perfect fit for our team. Don’t forget to mention your experience with WTW’s Radar or Earnix software!
Showcase Your Communication Skills: Since this role involves working with various stakeholders, make sure to demonstrate your strong communication skills in your application. Share examples of how you've effectively communicated complex ideas to senior audiences in the past.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our vibrant team!
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 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 theory but have practical experience too.
✨Showcase Your Leadership Skills
As a Head of Modelling & Optimisation, you'll need to demonstrate strong leadership capabilities. Prepare 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, be prepared to discuss how you can align pricing strategies with broader business objectives. This shows that you’re not just focused on the technical side but also understand the commercial impact.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and strategic thinking. 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 answers clearly and effectively.
