At a Glance
- Tasks: Lead technical pricing projects and develop risk pricing models for insurance.
- Company: Join a leading UK retail insurer with a focus on transformation.
- Benefits: Competitive salary, hybrid work, and opportunities for professional growth.
- Other info: Collaborative culture with a focus on team development and high performance.
- Why this job: Shape pricing capability and make impactful decisions in a dynamic environment.
- Qualifications: Degree in mathematics or computer science; strong statistical and analytical skills.
The predicted salary is between 80000 - 110000 £ per year.
North Co Recruitment are working with a leading UK retail insurer to appoint a Technical Pricing Manager, with vacancies across both Motor and Home. This is a technical pricing role focused on developing, maintaining and improving risk pricing models, turning statistical analysis into commercially sound pricing decisions within a transformation-focused pricing function.
What you'll do
- Develop, maintain and continuously improve risk pricing models and algorithms.
- Lead technical pricing projects that enhance the predictiveness of pricing models and portfolio performance.
- Engage with internal and external stakeholders on portfolio analytics to respond to emerging trends.
- Produce expected loss ratio reports and risk indices to support profitability projections.
- Ensure customer fairness is embedded in pricing actions and model development.
- Coach, manage and develop your team, building technical capability and fostering a high-performance culture.
- Help shape technical standards, culture and the evolution of pricing capability across the department.
- Build strong relationships with stakeholders across pricing, underwriting, claims and finance.
What we're looking for
- Strong understanding of statistical techniques for insurance risk pricing and claims cost modelling.
- Degree in mathematics, computer science or related discipline (2:1 or equivalent).
- Technical capability across pricing analytics and modelling tools (Python, SQL, Databricks or similar desirable).
- Ability to grasp complex technical issues relating to pricing, underwriting, claims and financial analysis.
- Proven ability to plan and prioritise work for yourself and others, with a continuous appetite to learn.
- Strong communication and influencing skills, able to engage stakeholders both within and outside the pricing team.
- Comfortable working under pressure and to strict deadlines while maintaining accuracy.
- Previous experience in insurance pricing is desirable but not essential.
If you're looking for a technical pricing role with genuine modelling ownership, team leadership responsibility and the opportunity to shape pricing capability in a transformation environment, we'd be keen to speak.
Salary: £80,000 - £110,000, plus discretionary bonus
Location: Hybrid, London based.
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.
Technical Pricing Manager - General Insurance in Manchester employer: North Co Recruitment
Join a leading UK retail insurer as a Technical Pricing Manager, where you will thrive in a dynamic and transformation-focused environment. With a strong emphasis on employee development, you will have the opportunity to lead technical projects, enhance your skills in pricing analytics, and foster a high-performance culture within a supportive team. Enjoy the benefits of a hybrid working model in London, allowing for a balanced work-life integration while contributing to meaningful pricing decisions that ensure customer fairness.
StudySmarter Expert Advice🤫
We think this is how you could land Technical Pricing Manager - General Insurance in Manchester
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like North Co Recruitment). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like North Co Recruitment. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Technical Pricing Manager - General Insurance in Manchester
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at North Co Recruitment.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at North Co Recruitment. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at North Co Recruitment
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at North Co Recruitment to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at North Co Recruitment, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding North Co Recruitment's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
