At a Glance
- Tasks: Lead pricing strategy and optimisation for Post Office Insurance, driving growth and customer value.
- Company: Join a leading insurance provider with a commitment to innovation and customer service.
- Benefits: Enjoy competitive salary, generous leave, annual bonuses, and comprehensive benefits.
- Other info: Embrace diversity and inclusivity while advancing your career in a regulated industry.
- Why this job: Be part of an ambitious growth journey in a dynamic and supportive environment.
- Qualifications: Senior experience in pricing and analytics within insurance or financial services required.
The predicted salary is between 80000 - 100000 £ per year.
The Pricing Director is responsible for defining and delivering Post Office Insurance (POI) pricing and commission strategy; ensuring sustainable growth, strong lifetime customer value and delivery of commercial plans in line with POI’s strategic objectives. This role owns pricing optimisation across POI’s insurance portfolio, leveraging advanced analytics, propensity modelling and POI’s unique customer data to enhance competitiveness, profitability and customer outcomes.
The Pricing Director is responsible for developing and embedding POI‑specific pricing capabilities, including the creation of a proprietary POI Score, designed to complement insurer net rate pricing and underwriting strategies; whilst supporting Consumer Duty, fair value and conduct risk expectations. The role works closely with Product, Proposition, Insurers and Product Governance to ensure pricing and commission structures balance commercial performance with customer fairness, affordability and long‑term value. This role offers you an incredible opportunity to join Post Office Insurance at the start of an ambitious period of growth.
What we can do for you: Beyond a competitive salary, we offer a comprehensive benefits package that includes:
- 28 days annual leave that increases with tenure + bank holidays
- Annual Bonus scheme
- Generous pension contribution
- Life assurance
- Full support from our employee assistance programme and access to our employee benefits platform
- Ever-evolving learning and development opportunities
Our commitment to embracing diversity extends beyond just words. We hold the belief that Equity, Diversity, and Inclusion are not just vital but fundamental to our success and growth. As an equal opportunity employer, we value and celebrate the differences among our people, ensuring that our practices reflect our dedication to inclusivity and equal representation for all.
What you’ll need to succeed: To be successful in this role you will have significant senior experience in pricing, analytics or commercial roles within insurance or financial services. You will demonstrate a deep expertise in insurance pricing, commissions and commercial optimisation. In addition to this you will have:
- Advanced Analytical skills with strong capability in LTV modelling, propensity modelling and pricing optimisation techniques.
- Demonstrable knowledge of Insurance Economics, with a strong understanding of insurer net rates, underwriting, loss ratios and profit drivers.
- Experience operating within regulated pricing and governance frameworks.
- Strong experience working with insurers, actuarial teams and underwriting functions.
- Proven track record of delivering pricing optimisation, margin improvement and commercial growth.
- Knowledge of Consumer Duty & Fair Value with experience applying regulatory expectations to pricing and commission decisions.
- Ability to translate complex data into clear commercial recommendations.
- Relevant professional qualifications preferred (e.g. actuarial, data science, economics, insurance or commercial qualifications).
About us: Post Office Insurance (POI) is a specialist insurance business that’s a regulated subsidiary of Post Office. Our highly skilled experts work to offer a full range of personal lines insurance products. We cover everything from travel, home, motor, pet and gadgets insurance. With a focus on customer value, we’re the UK market leader in travel insurance, selling over one million policies each year. There is much work to be done in achieving our growth ambitions. We're looking for people that emphasise value and service for our customers, helping us offer innovative and quality insurance products, whilst remaining focused on our purpose and strategic intent.
Application Guidance: If you require any reasonable adjustments throughout the recruitment process or would like further details on the job description, please contact talentacquisition@postoffice.co.uk. We’re thrilled by your interest in this opportunity and truly value every application we receive. Please note the advert may close early if we receive a high volume of applications. Unfortunately, we’re unable to provide individual feedback on all submissions.
Pricing Director (Post Office Insurance) in London employer: Post Office UK
Post Office Insurance is an exceptional employer, offering a dynamic work environment in London that fosters innovation and growth. With a strong commitment to employee development, competitive benefits including generous annual leave and a robust pension scheme, and a culture that prioritises diversity and inclusion, we empower our team to thrive while delivering outstanding value to our customers. Join us at this exciting time as we embark on an ambitious growth journey, where your expertise in pricing and analytics will directly contribute to shaping the future of our insurance offerings.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Director (Post Office Insurance) in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and financial services sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Show off your skills! Prepare a portfolio or case studies that highlight your experience in pricing optimisation and analytics. When you get the chance to chat with potential employers, share specific examples of how you've driven commercial growth and improved margins.
✨Tip Number 3
Be proactive! Don’t just wait for job postings to pop up. Reach out directly to companies you’re interested in, like Post Office Insurance, and express your enthusiasm for their work. A well-timed email can make all the difference!
✨Tip Number 4
Keep learning! Stay updated on the latest trends in insurance pricing and analytics. Consider taking online courses or attending workshops to sharpen your skills. This not only boosts your CV but also shows potential employers that you’re committed to your professional development.
We think you need these skills to ace Pricing Director (Post Office Insurance) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Pricing Director role. Highlight your experience in pricing, analytics, and commercial optimisation within insurance or financial services. We want to see how your skills align with our needs!
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 role and how you can contribute to our growth at Post Office Insurance. Keep it engaging and relevant to the job description.
Showcase Your Analytical Skills:Since this role requires advanced analytical skills, be sure to include specific examples of how you've used data to drive pricing strategies or improve commercial outcomes. We love seeing real-world applications of your expertise!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, it makes the process smoother for both you and us!
How to prepare for a job interview at Post Office UK
✨Know Your Numbers
As a Pricing Director, you'll need to demonstrate your analytical prowess. Brush up on key metrics like loss ratios and profit drivers. Be ready to discuss how you've used data to optimise pricing strategies in the past.
✨Understand the Regulatory Landscape
Familiarise yourself with Consumer Duty and Fair Value principles. Be prepared to explain how you've navigated regulatory frameworks in previous roles, ensuring compliance while driving commercial growth.
✨Showcase Your Collaboration Skills
This role involves working closely with various teams. Think of examples where you've successfully collaborated with insurers, actuarial teams, or product governance to achieve pricing optimisation. Highlight your ability to balance commercial performance with customer fairness.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills. Prepare scenarios where you had to make tough pricing decisions or implement new strategies. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.
