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- Tasks: Lead market pricing strategy and optimise P&L performance in a dynamic environment.
- Company: Join a leading general insurer with a focus on innovation and transformation.
- Benefits: Competitive salary up to £130k, bonus, and hybrid working options.
- Why this job: Make a significant impact in a high-stakes leadership role within a transformative pricing programme.
- Qualifications: Expertise in retail pricing data, proven leadership, and strategic mindset required.
- Other info: Opportunity for career growth in a complex and rewarding environment.
The predicted salary is between 78000 - 130000 £ per year.
North Co Recruitment are working with a leading general insurer to appoint a senior pricing leader to own and deliver market pricing strategy. This is a high-impact leadership role with accountability for rate optimisation, P&L performance and strategic pricing delivery, operating at the heart of a significant pricing transformation programme.
Candidates currently in a Manager/Senior Manager level role stepping into the 'Head of' role will be considered, as well as those with experience already at the 'Head of' level.
What you’ll do:
- Own delivery of P&L performance, balancing volume, value and underwriting profit in partnership with Distribution leaders.
- Shape and deliver market pricing strategy, including customer behaviour and market premium models, aligned to best practice.
- Lead price optimisation strategy, securing buy-in from senior stakeholders across the business.
- Oversee renewal pricing strategy, ensuring effective value-based retention incentives and performance tracking.
- Ensure new business initiatives are commercially value-accretive, with clear insight and performance monitoring.
- Lead and develop a market pricing team of c.10, setting direction, capability and delivery standards.
- Contribute to wider pricing transformation, including new tools, modelling approaches and governance frameworks.
What we’re looking for:
- Deep expertise in retail pricing data and modelling, including GLMs and machine learning techniques (e.g. GBMs).
- Proven leadership experience within a Market Pricing function, with a track record of delivering results.
- Strong understanding of the regulatory environment and pricing governance expectations.
- Strategic mindset with the ability to translate vision into executable delivery plans.
- Resilient, commercially focused and comfortable managing multiple priorities in a complex environment.
Salary: Up to £130k base, plus bonus & Benefits.
Location: Hybrid working. London, Bournemouth or Tunbridge Wells area.
Please note, the client is unable to offer sponsorship for this opportunity.
For more information or to discuss other opportunities, reach out to Tom Parker, visit our website or follow our LinkedIn page.
Head of Market Pricing - General Insurer in London employer: North Co Recruitment
Contact Detail:
North Co Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Market Pricing - General Insurer in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry and let them know you're on the hunt for a Head of Market Pricing role. You never know who might have the inside scoop on an opportunity or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews by brushing up on your pricing strategies and market insights. Be ready to discuss how you've optimised P&L performance in the past and how you can lead a team to success. Confidence is key!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and expertise. Check out our website for tailored opportunities that fit your skills in market pricing and leadership. We’ve got your back!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to show your genuine interest in the role and the company.
We think you need these skills to ace Head of Market Pricing - General Insurer in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the job description. Highlight your experience in market pricing and leadership roles, and don’t forget to showcase any relevant achievements that align with the responsibilities outlined.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Head of Market Pricing role. Be sure to mention your strategic mindset and how you’ve successfully led teams in the past.
Showcase Your Data Skills: Since this role requires deep expertise in retail pricing data and modelling, make sure to highlight your experience with GLMs and machine learning techniques. Give examples of how you've used these skills to drive results.
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 one step closer to joining our team!
How to prepare for a job interview at North Co Recruitment
✨Know Your Numbers
As a Head of Market Pricing, you'll need to demonstrate your expertise in retail pricing data and modelling. Brush up on your GLMs and machine learning techniques, and be ready to discuss how you've used these tools to drive P&L performance in previous roles.
✨Showcase Your Leadership Skills
This role requires strong leadership experience, so prepare examples that highlight your ability to lead teams and influence stakeholders. Think about times when you've successfully secured buy-in for pricing strategies or led a team through a transformation programme.
✨Understand the Regulatory Landscape
Familiarise yourself with the regulatory environment and pricing governance expectations relevant to the insurance industry. Be prepared to discuss how you’ve navigated these challenges in the past and how you ensure compliance while optimising pricing strategies.
✨Strategic Mindset is Key
The interviewers will be looking for a strategic mindset, so come equipped with examples of how you've translated vision into executable plans. Discuss specific initiatives you've led that align with market trends and customer behaviour, showcasing your ability to balance volume, value, and underwriting profit.
