Manager, Pricing, Divisional in London
Manager, Pricing, Divisional

Manager, Pricing, Divisional in London

London Full-Time 36000 - 60000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead pricing strategies and collaborate with global teams to enhance pricing methodologies.
  • Company: Join a dynamic team at Pacific Life Re, where innovation meets collaboration.
  • Benefits: Enjoy 25 days leave, comprehensive healthcare, and wellness initiatives.
  • Why this job: Make an impact in a role that blends analytics with real-world applications.
  • Qualifications: Qualified actuary with strong problem-solving and communication skills.
  • Other info: Embrace a supportive culture with opportunities for personal and professional growth.

The predicted salary is between 36000 - 60000 ÂŁ per year.

The Divisional Pricing team supports, challenges and provides insights to all pricing teams across lines of business and global regions. We also provide assurance to senior leadership in PL Re and PL, ensuring the Division adheres to pricing principles, controls and targets.

We are looking for an innovative, technically strong actuary to join the Divisional Pricing team as a Manager reporting directly to the VP Pricing. The role is exposed to a range of global markets and offers the opportunity to work with actuaries, underwriters, medical personnel, data scientists and senior management, utilizing diverse data sources and methodologies.

Key Responsibilities
  • Build strong working relationships with global actuarial pricing, risk and capital management teams.
  • Provide robust oversight to the pricing function through:
  • Reviewing front‐line pricing on the largest and most non‐standard quotes.
  • Conducting deep dives to understand and ensure the appropriateness of current assumptions, application and methodologies.
  • Ensuring non‐decrement assumptions are up to date and consistent across the division.
  • Monitoring and reporting Enterprise Pricing Metrics at a product family and PL Re level.
  • Drive and contribute to PL Re wide projects impacting pricing.
  • Develop division‐wide methodologies (leveraging existing methodology where appropriate) and continue to build the PL Re pricing reference library.
  • Promote consistency of pricing methodology and process across regions and lines of business by identifying and setting best practice.
  • Ensure the continued evolution of analytic techniques in pricing through thought leadership.
  • Support pricing team activities and further build upon PL Re pricing methodologies and culture.
  • Provide support and thought leadership for the pricing of new risks or novel reinsurance structures.
  • Facilitate and encourage cross‐region and LoB collaboration via divisional projects; define and uphold a consistent PL Re pricing culture.
  • Provide regular and transparent updates to pricing teams and the wider business.
  • Qualifications & Experience
    • Qualified Actuary.
    • Ability to work independently in a small, flexible, and dynamic team.
    • Strong technical and problem‐solving skills.
    • Strong written and verbal communication skills.
    • Prior pricing experience in any line of business or region.
    • Experience with statistical methods or a demonstrated interest and eagerness to develop skills in this area.
    • Interest in programming and comfortable with or willing to learn software packages, such as Tableau, SQL and R.
    Benefits (Only For Permanent And Fixed‐Term Employees)
    • 25 days of annual leave with option to buy/sell more days.
    • Adoption and fertility leave.
    • Generous enhanced parental leave.
    • Comprehensive private insurance coverage for employee and dependents.
    • Group Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salary.
    • Optical benefits.
    • 15% combined employee/employer contributions.
    • Subsidised gym membership.
    • Access to Employee Assistance Programme.
    • Cycle‐to‐Work and Electric Car Salary Sacrifice Scheme.
    • Time off for volunteering.
    • Charitable matching of employee donations.
    Working For Pacific Life Re

    Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. We take our work seriously and operate under great pressure while also knowing how to have fun and relax. We regularly host team‐building days to strengthen our connection and reflect on successes. We provide a healthy work‐life balance, a wide range of employee benefits, regular social activities and well‐being initiatives. We are committed to supporting employees' community involvement through fundraising, charity events and volunteering opportunities.

    Diversity and Inclusion

    As part of our commitment to diversity and inclusion, we provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so we can discuss suitable adjustments.

    Manager, Pricing, Divisional in London employer: Pacific Life Re

    At Pacific Life Re, we pride ourselves on being an exceptional employer that values innovation and collaboration. Our Divisional Pricing team offers a dynamic work environment where you can engage with diverse global markets and develop your skills alongside experienced professionals. With a strong commitment to employee well-being, generous benefits, and opportunities for personal growth, we foster a culture that encourages both professional excellence and a healthy work-life balance.
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    Contact Detail:

    Pacific Life Re Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Manager, Pricing, Divisional in London

    ✨Tip Number 1

    Network like a pro! Reach out to current employees at the company through LinkedIn or industry events. A friendly chat can give you insider info and might just get your foot in the door.

    ✨Tip Number 2

    Prepare for the interview by researching the company’s pricing strategies and recent projects. Show us that you’re not just interested in the role, but that you understand how you can contribute to their success.

    ✨Tip Number 3

    Practice your problem-solving skills with real-world scenarios related to pricing. We love seeing candidates who can think on their feet and tackle challenges head-on during interviews.

    ✨Tip Number 4

    Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you’re genuinely interested in joining our team.

    We think you need these skills to ace Manager, Pricing, Divisional in London

    Actuarial Skills
    Technical Skills
    Problem-Solving Skills
    Written Communication Skills
    Verbal Communication Skills
    Statistical Methods
    Pricing Experience
    Data Analysis
    Collaboration Skills
    Methodology Development
    Software Proficiency (Tableau, SQL, R)
    Analytical Thinking
    Project Management
    Adaptability

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Manager, Pricing role. Highlight your actuarial qualifications and any relevant pricing experience to catch our eye!

    Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our Divisional Pricing team. Share specific examples of your problem-solving skills and how you've contributed to pricing methodologies in the past.

    Showcase Your Technical Skills: Since we're looking for someone with strong technical abilities, don't forget to mention your experience with statistical methods and any programming languages you know. If you're eager to learn new software like Tableau or SQL, let us know!

    Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!

    How to prepare for a job interview at Pacific Life Re

    ✨Know Your Numbers

    As a Manager in Pricing, you'll need to demonstrate your technical prowess. Brush up on key pricing metrics and methodologies relevant to the role. Be ready to discuss how you've applied these in past experiences, especially in relation to non-standard quotes.

    ✨Build Relationships

    This role involves collaboration with various teams. Think about how you can showcase your ability to build strong working relationships. Prepare examples of how you've successfully worked with actuaries, underwriters, or data scientists in previous roles.

    ✨Showcase Your Problem-Solving Skills

    Expect questions that test your analytical thinking. Prepare to discuss specific challenges you've faced in pricing and how you approached them. Highlight your experience with statistical methods and any programming skills, like SQL or R, that could set you apart.

    ✨Cultural Fit Matters

    Pacific Life Re values a healthy work-life balance and team spirit. Be ready to share how you contribute to a positive team culture. Think of examples where you've engaged in team-building activities or supported colleagues, as this aligns with their ethos.

    Manager, Pricing, Divisional in London
    Pacific Life Re
    Location: London
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    • Manager, Pricing, Divisional in London

      London
      Full-Time
      36000 - 60000 ÂŁ / year (est.)
    • P

      Pacific Life Re

      200-500
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