Pricing Manager (Insurance) - 12 month FTC - London Hybrid
Pricing Manager (Insurance) - 12 month FTC - London Hybrid

Pricing Manager (Insurance) - 12 month FTC - London Hybrid

London Temporary 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our pricing team to analyse data and develop strategies for home and motor insurance.
  • Company: Saga is a trusted brand providing services for the over 50s in the UK for 70 years.
  • Benefits: Enjoy flexible working, 25 days holiday, and discounts on holidays and retail.
  • Why this job: This role offers diverse tasks and opportunities for personal growth in a supportive environment.
  • Qualifications: Experience in personal lines insurance and proficiency in SQL, R, or Python required.
  • Other info: We value diversity and inclusivity, welcoming applications from all backgrounds.

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

Competitive salary to be discussed. 12 month FTC. Hybrid – Home and London Hub.

In this role, you’ll have the exciting opportunity to work in the Saga pricing team to support with data, modelling and performance of our home and motor product portfolios. We are looking for an experienced pricing manager who has strong analytical skills, expertise in data analysis and an understanding of pricing strategies. You will work closely with the Head of Pricing and wider business to use your data and pricing expertise to support key aspects of the group's strategy and key shareholder objectives. If you are looking for a role with a wide variety of work and opportunities for development, we would love to hear from you.

We offer flexibility over where you work, you choose a place that you feel most comfortable and productive, either from home or in one of our hubs in London or Folkestone. The Pricing team comes together twice a month, usually in our London office.

Reporting to our Head of Pricing & Project you’ll support BAU activity within the pricing team as we work towards a seamless transition in our new Ageas partnership.

Role Responsibility

As our new Pricing Manager, you will be accountable for the following areas:

  • Collect, organise and manage pricing data from various sources ensuring accuracy and consistency.
  • Work closely with cross-functional teams to gather pricing insights and support the development of pricing strategies.
  • Create and maintain pricing reports and dashboards for senior leadership.
  • Proactively use data to identify areas of opportunity to drive commercial value and competitive advantage, delivering profitable growth for Saga’s insurance business.
  • Model, interpret and monitor business data to identify and confirm market trends.
  • Provide subject matter expert support to various business areas.
  • Take a role in the development of pricing models utilising Emblem, Radar, and other software tools.
  • Provide recommendations to improve pricing models based on data-driven insights.
  • Ensure adherence to regulatory requirements, pricing fairness rules and data usage policies.
  • Supporting the Head of Pricing by influencing and shaping the team’s priorities, resourcing, strategy, pricing policies and direction.
The Ideal Candidate

As our new Pricing Manager, we require personal lines experience, ideally focused in the Motor or Home markets. Other industry experience would include:

  • Experienced in some programming languages such as SQL, R and Python.
  • Strong numerical and statistical capabilities.
  • Excellent oral and written communication skills.
  • Knowledge of General Insurance pricing processes and methodologies.
  • Strong influencing and relationship management skills.
  • Possesses strong team coaching/management abilities and actively motivates others to win.
  • Proactive, enthusiastic, and self-motivated.
  • Strong organisational skills, e.g. time management, documentation etc.
  • Knowledge of modelling software, such as Radar, Emblem, or similar systems.
  • Understanding of regulatory requirements in relation to pricing.
Package Description

Everyday our colleagues deliver exceptional experiences to our customers. We believe exceptional work deserves even more exceptional rewards, that’s why we have put together an amazing benefits package for all colleagues.

BENEFITS AVAILABLE TO ALL COLLEAGUES:
  • Our working week is 35 hours per week, these can be worked flexibly to suit your working style.
  • 25 days holiday + bank holidays.
  • Option to purchase additional leave up to 5 extra days.
  • Pension scheme matched up to 10%.
  • Life assurance policy on joining us.
  • Wellbeing programme.
  • Colleague discounts including family discounts on cruises and holidays.
  • Range of reductions and offers from leading retailers, travel groups and entertainment companies.
  • Enhanced maternity and paternity leave.
  • Grandparents leave.
  • Company performance related annual bonus - Up to 5%.
  • Income protection.
  • Access to Saga Academy, our bespoke learning platform.
About the Company

Over the past 70 years we have become the UK's specialist provider of products and services to people aged over 50 in the UK. The Saga brand has become one of the most recognised and trusted brands amongst UK consumers in this demographic, recognised for its high quality products and exceptional standards of service. These include cruises and holidays, insurance, personal finance and the Saga Magazine.

At Saga we are committed to treating all employees fairly and to offering equal opportunities in all aspects of employment and advancement. We value diversity not just because it is the right thing to do, but because diverse teams perform better.

Fair consideration is given to applications from all applicants, including those with disabilities and those over who are over 50 as we are champions of age inclusivity. We are an official Disability Confident Committed employer and ensure that our recruitment process is inclusive and accessible and we will make reasonable adjustments as required.

Saga does not accept agency CVs unless specifically engaged on the role by the Talent Acquisition Team. Please do not forward CVs to our recruiters, employees or any other company location. Saga will not be responsible for any fees related to CVs received in this unsolicited manner.

Pricing Manager (Insurance) - 12 month FTC - London Hybrid employer: Saga

Saga is an exceptional employer, offering a flexible hybrid working model that allows you to choose your most productive environment, whether at home or in our London hub. With a strong focus on employee development through the Saga Academy, a competitive benefits package including generous holiday allowances and a pension scheme, and a commitment to diversity and inclusion, we create a supportive work culture where your contributions are valued and rewarded.
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Contact Detail:

Saga Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pricing Manager (Insurance) - 12 month FTC - London Hybrid

✨Tip Number 1

Familiarise yourself with the latest trends in insurance pricing, especially in the home and motor sectors. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the role.

✨Tip Number 2

Network with professionals in the insurance industry, particularly those who work in pricing. Engaging with them on platforms like LinkedIn can provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Brush up on your analytical skills and software tools mentioned in the job description, such as SQL, R, and Python. Being able to discuss your proficiency in these areas will set you apart from other candidates.

✨Tip Number 4

Prepare to discuss how you've used data to drive business decisions in previous roles. Having concrete examples ready will showcase your ability to contribute to Saga's pricing strategies effectively.

We think you need these skills to ace Pricing Manager (Insurance) - 12 month FTC - London Hybrid

Analytical Skills
Data Analysis
Pricing Strategy Development
Statistical Modelling
SQL
R
Python
Communication Skills
Relationship Management
Team Coaching and Management
Organisational Skills
Knowledge of General Insurance Pricing Processes
Regulatory Compliance Understanding
Dashboard Creation
Market Trend Analysis

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in pricing, data analysis, and any relevant programming skills like SQL, R, or Python. Emphasise your previous roles in personal lines insurance, particularly in the Motor or Home markets.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific examples of how your analytical skills and experience align with the responsibilities outlined in the job description, such as developing pricing strategies and managing data.

Showcase Your Analytical Skills: Provide concrete examples of how you've used data to drive commercial value in past roles. Discuss any pricing models you've developed or improved, and how these contributed to business growth.

Highlight Team Collaboration: Since the role involves working closely with cross-functional teams, mention instances where you've successfully collaborated with others. This could include influencing team priorities or supporting strategic initiatives, showcasing your relationship management skills.

How to prepare for a job interview at Saga

✨Showcase Your Analytical Skills

As a Pricing Manager, strong analytical skills are crucial. Be prepared to discuss specific examples of how you've used data analysis to inform pricing strategies in your previous roles. Highlight any tools or software you've used, such as SQL, R, or Python.

✨Understand the Insurance Market

Familiarise yourself with current trends in the home and motor insurance markets. Be ready to discuss how these trends could impact pricing strategies and what innovative approaches you might suggest to stay competitive.

✨Demonstrate Communication Skills

Excellent communication is key for this role. Practice articulating complex data insights in a clear and concise manner. You may be asked to explain your findings to non-technical stakeholders, so ensure you can simplify your language without losing the essence of your analysis.

✨Prepare for Scenario-Based Questions

Expect scenario-based questions that assess your problem-solving abilities. Think about past challenges you've faced in pricing management and how you overcame them. This will demonstrate your proactive approach and ability to drive commercial value.

Pricing Manager (Insurance) - 12 month FTC - London Hybrid
Saga
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  • Pricing Manager (Insurance) - 12 month FTC - London Hybrid

    London
    Temporary
    36000 - 60000 £ / year (est.)

    Application deadline: 2027-04-02

  • S

    Saga

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