At a Glance
- Tasks: Develop and optimise retail pricing models using Earnix and advanced data science techniques.
- Company: Markerstudy Group is a leading insurance provider based in Cambridge, UK.
- Benefits: Competitive salary ranging from £66,000 to £90,000 per annum with opportunities for professional development.
- Other info: This is a permanent, full-time position.
- Why this job: Join a dynamic team focused on innovative pricing strategies in the insurance sector.
- Qualifications: Graduate or postgraduate degree in Statistics or Mathematics; experience in pricing or actuarial roles required.
The predicted salary is between 66000 - 90000 £ per year.
We are looking for a Technical Pricing Manager to generate incremental lifetime value of our portfolio through the delivery and development of retail pricing models and optimisations using innovative and cutting‑edge modelling approaches. You will help continuously improve the pricing process and enhance the abilities of the wider team, as well as being involved with integrating and establishing the use of advanced data science and statistical techniques to enhance pricing model accuracy and output.
Key Responsibilities
- End to end production of pricing models using a tailor‑made pricing pipeline
- Use of Earnix 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
- Evaluate and utilise tools and data items created by the data science teams
- Ensure all activity is compliant with pricing governance and follows established controls
- Work closely with the Commercial Pricing Team to ensure pricing models meet business objectives, and manage relationships with key stakeholders around the business
- Manage, mentor and coach more junior members of the team
About you
- Highly numerate with a graduate or postgraduate degree in Statistics, Mathematics or another analytical subject
- Experience in a pricing or actuarial role within general insurance
- Experience with price optimisation tools (Earnix/Radar)
- Experience using and implementing advanced machine learning methods
- Able to communicate complicated statistical concepts to an informed but non‑technical audience
- Experience with using software packages such as R or Python to solve problems
- Proven ability to deliver commercial value through pricing insight
- Proven ability to provide commercial uplift from research and development projects
- Strong people management skills
Pricing Manager in Peterborough employer: Markerstudy Ltd
Markerstudy Group offers a competitive salary and values innovation in pricing strategies. Located in Cambridge, the team focuses on enhancing pricing model accuracy through advanced data science techniques.
