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For Companies At a Glance
- Tasks: Lead pricing transformation projects and optimise underwriting capabilities.
- Company: Join Markerstudy Group, a leading player in the UK motor insurance market.
- Benefits: Enjoy private healthcare, generous leave, and discounts on shopping and travel.
- Why this job: Make a real impact on pricing strategies and customer experiences.
- Qualifications: Experience as a Product Owner in insurance, with strong agile delivery skills.
- Other info: Work in a dynamic environment with opportunities for professional growth.
The predicted salary is between 36000 - 60000 £ per year.
Join to apply for the Pricing Product Manager role at Markerstudy Group. This role is largely remote with occasional travel. We seek an experienced Pricing Product Manager to lead the development and optimisation of our pricing and underwriting capabilities. You'll translate business objectives into product backlogs and work closely with pricing, underwriting, data science, and technical teams to deliver iterative, high-impact solutions. This role is critical to shaping how we understand and develop our people and technology capabilities, from pricing risks, looking at automation opportunities, and improving customer experience through data-led decisions and frictionless trading.
Key Accountabilities & Responsibilities
- Own and maintain the product backlog for pricing capability initiatives, aligned with the Trading Transformation deliverables.
- Define clear user stories, acceptance criteria, and prioritisation based on business value and technical feasibility.
- Act as the voice of the business and end-user, bridging underwriting, pricing, and technology teams.
- Work closely with Scrum Masters and development teams to ensure sprint goals are well-defined and achievable.
- Partner with Underwriters, Actuaries, Data Scientists, and other stakeholders to gather requirements and define features.
- Assist with the development of pricing models, underwriting workflows, and self-service tools for internal users or relevant business partners.
- Use market insight, data, and feedback loops to drive continuous improvement.
- Ensure product deliverables align with regulatory standards, risk appetite, and strategic underwriting objectives.
- Monitor KPIs such as quote accuracy, time-to-underwrite, conversion rates, and pricing model performance.
Skills, Experience & Knowledge
- Proven experience as a Product Owner (or similar change delivery focused role) in insurance, ideally within pricing or underwriting.
- Deep understanding of agile product delivery, backlog grooming, and stakeholder engagement.
- Ability to articulate pricing or underwriting logic in business and technical terms.
- Strong collaboration skills working with data, actuarial, and software engineering teams.
- Experience with Jira, Confluence, or similar tools.
- Knowledge of insurance pricing tools such as Radar, Earnix or custom pricing APIs (advantageous).
- Familiarity with personal/commercial lines underwriting workflows or automation platforms (advantageous).
- Product Owner certification (e.g., CSPO, SAFe POPM) is preferred.
Why us
Markerstudy Insurance Services Limited (MISL) is one of the largest Managing General Agents in the UK. With a strong presence in the UK motor insurance market, we specialise in niche motor cover, where our solid market knowledge and experience enables us to create highly targeted products. Our success is underpinned by our underwriting strategy to identify and apply special risk factors to the customers' advantage. That, and our skilled underwriting technicians who are friendly, accessible and empowered to make decisions. We only transact business through professional UK insurance intermediaries and we take pride in fostering excellent working relationships. Our products feature prominently on Aggregators' sites, such as Confused.com, Go Compare and Compare the Market, via our broker partners.
What we offer in return
- A collaborative and fast paced work environment
- Private medical health care plan
- 24 days annual leave plus Bank Holidays and the ability to buy additional leave (annual leave also increases with service)
- A benefit scheme that offers discounts and cashback on shopping, restaurants, travel and more
- Life Assurance 4x annual salary
Seniority level Mid-Senior level
Employment type Full-time
Job function Product Management and Marketing
Industries Banking
Product Owner - Pricing Transformation in Salford employer: Markerstudy Group
Contact Detail:
Markerstudy Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Owner - Pricing Transformation in Salford
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at Markerstudy Group. A friendly chat can open doors and give you insights that might just help you land that Product Owner role.
✨Tip Number 2
Prepare for interviews by brushing up on your agile product delivery knowledge. Be ready to discuss how you've managed backlogs and collaborated with teams in the past. We want to see your experience shine!
✨Tip Number 3
Showcase your understanding of pricing and underwriting. Bring examples of how you've used data to drive decisions or improve processes. This will demonstrate your fit for the role and your ability to contribute from day one.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're genuinely interested in joining our team at Markerstudy Group.
We think you need these skills to ace Product Owner - Pricing Transformation in Salford
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Product Owner - Pricing Transformation. Highlight your experience in pricing and underwriting, and don’t forget to mention any relevant tools like Jira or Confluence that you’ve used.
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. Talk about your experience with agile product delivery and how you can bridge the gap between business and technical teams.
Showcase Your Collaboration Skills: In your application, emphasise your ability to work with diverse teams, including data scientists and underwriters. We love candidates who can demonstrate strong collaboration skills and a knack for gathering requirements effectively.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Markerstudy Group
✨Know Your Product Backlog
Make sure you understand how to own and maintain a product backlog. Be ready to discuss how you would translate business objectives into actionable user stories and acceptance criteria. This shows that you can bridge the gap between technical teams and business needs.
✨Speak the Language of Stakeholders
Prepare to articulate pricing and underwriting logic in both business and technical terms. Familiarise yourself with the key stakeholders you'll be working with, like Underwriters and Data Scientists, so you can demonstrate your ability to collaborate effectively.
✨Showcase Your Agile Experience
Highlight your experience with agile product delivery and tools like Jira or Confluence. Be ready to discuss how you've worked with Scrum Masters and development teams to define sprint goals and ensure they are achievable.
✨Bring Market Insights
Research current trends in insurance pricing and underwriting. Be prepared to discuss how you would use market insights and data to drive continuous improvement in pricing models and customer experience. This will show that you're proactive and data-driven.
