At a Glance
- Tasks: Drive pricing strategy and profitability by building risk models and collaborating with teams.
- Company: High-growth commercial lines insurer in a tech-driven environment.
- Benefits: Competitive salary, hybrid work, and opportunities for mentorship and development.
- Other info: Fast-paced environment with excellent career growth potential.
- Why this job: Make a real impact on pricing strategies and shape the future of insurance.
- Qualifications: Degree in a quantitative field and experience in insurance pricing.
The predicted salary is between 75000 - 90000 £ per year.
North Co Recruitment are working with a high growth/scale up commercial lines insurer to appoint a Risk Pricing Manager to drive pricing strategy and profitability across their portfolio. This is a technical pricing role with genuine impact, where you'll build and refine risk models, develop pricing strategies and act as the bridge between technical and commercial teams in a fast-growth, technology-driven environment.
This would suit candidates from a personal or commercial lines background who are used to operating in volume/data rich environments.
What you'll do:
- Build and refine technical pricing models to quantify risk and optimise pricing structures.
- Conduct detailed risk assessments to understand market dynamics and develop effective mitigation strategies.
- Monitor pricing performance and make real-time adjustments to ensure profitability targets are consistently achieved.
- Partner cross-functionally with underwriting, actuarial and product development teams to align pricing strategies.
- Utilise advanced tools including Python, R, SQL and industry platforms like Earnix, Radar or Emblem to improve model accuracy.
- Monitor industry trends and competitor activity to maintain competitive positioning and market leadership.
- Mentor and develop junior team members, fostering a high-performing technical pricing culture.
What we're looking for:
- Strong analytical capability, with a degree in Mathematics, Statistics, Actuarial Science or similar quantitative field.
- Significant experience in insurance pricing, with deep understanding of market dynamics and risk quantification.
- Technical proficiency in Python, R or SQL, and experience with pricing platforms such as Earnix, Emblem or Radar.
- Strategic thinker able to develop innovative solutions to complex business challenges while maintaining profitability.
- Collaborative leader passionate about mentoring junior team members and building technical capability.
- Resilient and adaptive, comfortable thriving in a fast-paced, evolving environment with changing priorities.
If you're looking for a technical pricing role with genuine commercial impact, cross-functional exposure and the opportunity to shape pricing capability in a technology-driven insurer, we'd be keen to speak.
Salary: £75,000-£90,000, 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.
Risk Pricing Manager - Commercial Lines in Slough employer: North Co Recruitment
Contact Detail:
North Co Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Pricing Manager - Commercial Lines in Slough
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to risk pricing. We recommend doing mock interviews with friends or using online resources to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your skills! Create a portfolio or case studies that highlight your experience with pricing models and data analysis. We want to see how you’ve made an impact in previous roles, so don’t hold back!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive and eager to join our team.
We think you need these skills to ace Risk Pricing Manager - Commercial Lines in Slough
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Risk Pricing Manager. Highlight your experience in insurance pricing and any technical skills you have with Python, R, or SQL. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can drive pricing strategy and profitability. We love seeing candidates who can connect their experiences to our needs.
Showcase Your Analytical Skills: Since this role requires strong analytical capabilities, be sure to include examples of how you've built or refined risk models in the past. We want to know how you approach complex problems and develop innovative solutions!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at North Co Recruitment
✨Know Your Numbers
Brush up on your analytical skills and be ready to discuss specific metrics related to risk pricing. Understand how to quantify risk and optimise pricing structures, as this will likely come up in conversation.
✨Familiarise with Tools
Make sure you’re comfortable discussing your experience with Python, R, SQL, and any pricing platforms like Earnix or Emblem. Be prepared to give examples of how you've used these tools to improve model accuracy in past roles.
✨Understand Market Dynamics
Research current industry trends and competitor activities. Being able to discuss how these factors influence pricing strategies will show that you’re proactive and knowledgeable about the market landscape.
✨Show Your Collaborative Spirit
Prepare to talk about your experience working cross-functionally with teams like underwriting and actuarial. Highlight instances where you’ve successfully partnered with others to align pricing strategies and achieve profitability targets.