At a Glance
- Tasks: Lead pricing optimisation projects and shape strategies for a major retail insurer.
- Company: Join a leading UK retail insurer with a focus on innovation and transformation.
- Benefits: Competitive salary, hybrid working, and opportunities for professional growth.
- Other info: Be part of a transformative team with excellent career advancement potential.
- Why this job: Make a real impact on pricing strategies and customer value in a dynamic environment.
- Qualifications: Experience in insurance pricing, strong analytical skills, and a numerate degree.
The predicted salary is between 70000 - 90000 £ per year.
North Co Recruitment are working with a leading UK retail insurer to appoint a Pricing Manager into their direct pricing function. The team is in the early stages of a transformation programme, investing in headcount, analytical toolset and technology, making this a rare opportunity to help shape how pricing evolves rather than inherit a function that's already set.
What you'll do:
- Own the end-to-end delivery of price optimisation projects across a major direct-to-customer book.
- Lead impact analysis and scenario modelling to understand customer response to price change, shaping strategy rather than reporting on it.
- Drive improvements in customer lifetime value across the portfolio.
- Shape pricing decisions through direct analysis of competitor activity and market movement.
- Champion fair value and customer-centric pricing, balancing commercial targets against the impact on existing customers.
- Build and lead relationships with senior stakeholders and a small project team, taking ownership of delivery beyond your own workload.
What we're looking for:
- Strong experience in a general insurance pricing role, ideally within personal lines.
- A numerate degree (mathematics, statistics or a related discipline) or equivalent demonstrable proficiency.
- Solid grounding in predictive modelling for risk and/or demand, with the ability to translate this into commercial recommendations.
- A track record of planning, prioritising and leading the work of a small team.
- Confidence engaging with senior stakeholders and influencing decisions beyond your immediate team.
- Working knowledge of Python, SQL, R or SAS is desirable.
- An understanding of machine learning techniques and their application to pricing is an advantage.
Hybrid working applies, with a mix of home and office-based collaboration. If you're looking for a Pricing Manager role with genuine influence over a live transformation programme, real investment in your tools and team, and the scope to shape how a major retail book is priced, we'd be keen to speak.
Salary: £75,000 - £100,000 base, plus discretionary bonus
Location: Hybrid, London based
Please note, the client is unable to offer sponsorship for this opportunity.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Manager in City of London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like North Co Recruitment. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Pricing Manager in City of London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to North Co Recruitment.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on North Co Recruitment's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at North Co Recruitment
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with North Co Recruitment.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at North Co Recruitment will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former North Co Recruitment employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
