Pricing Manager in London

Pricing Manager in London

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

  • Tasks: Lead pricing strategy and collaborate with teams to enhance forecasting methods.
  • Company: Join a market-leading insurance firm with a focus on innovation.
  • Benefits: Competitive salary, professional development, and opportunities for career advancement.
  • Why this job: Make a real impact on pricing strategies and drive innovation in the insurance sector.
  • Qualifications: Experience in insurance pricing, strong analytical skills, and project management abilities.
  • Other info: Dynamic role with high visibility and the chance to influence key business decisions.

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

An exciting opportunity has arisen for a Principal Pricing Analyst to join a market-leading insurance pricing function. This is a senior role offering high visibility, technical depth and the chance to influence pricing strategy across multiple products.

You will work closely with Pricing, Data Science and wider business teams to develop and embed best-practice pricing and forecasting approaches. The role combines hands-on technical delivery with stakeholder engagement, project leadership and continuous improvement.

Key Responsibilities:
  • Build and maintain automated processes to project claims to ultimate, including robust claims monitoring frameworks.
  • Ensure forecast inputs are robust through close collaboration with stakeholders.
  • Coordinate the rollout of a new pricing forecast across all products.
  • Partner with Technical Pricing teams to ensure premium models reflect the latest view of risk.
  • Stay up to date with actuarial best practice, industry trends and competitor insights.
  • Provide clear guidance on the interpretation and limitations of pricing forecasts.
  • Drive innovation in forecasting approaches to improve accuracy and efficiency, including the use of data science techniques.
  • Maintain high standards of model governance and documentation.

Qualifications:

  • Significant experience in insurance pricing and/or reserving.
  • Strong working knowledge of actuarial methods and principles, ideally within pricing.
  • Experience using Emblem software.
  • Knowledge of price optimisation and the general insurance regulatory environment.
  • Advanced Excel and MS Office skills.
  • Proven ability to manage projects from inception to delivery.
  • A passion for knowledge sharing and developing others within pricing teams.
  • Actuarial qualification (or working towards).
  • Experience with GLMs, GBMs and other modelling techniques used in pricing.
  • Knowledge of Radar or similar pricing tools.

Pricing Manager in London employer: Sanderson

Join a dynamic and innovative insurance pricing function that values collaboration and continuous improvement. As a Principal Pricing Analyst, you'll benefit from a supportive work culture that encourages professional growth and offers opportunities to influence key pricing strategies. With access to cutting-edge tools and a commitment to best practices, this role provides a unique chance to develop your skills while making a meaningful impact in the industry.
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Contact Detail:

Sanderson Recruiting Team

StudySmarter Expert Advice 🤫

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

✨Tip Number 1

Network like a pro! Reach out to people in the insurance and pricing sectors on LinkedIn. A friendly message can go a long way, and you never know who might have the inside scoop on job openings.

✨Tip Number 2

Prepare for interviews by brushing up on your technical skills and industry knowledge. Be ready to discuss how you've used actuarial methods and data science techniques in past roles. Show them you're not just a numbers person, but a strategic thinker!

✨Tip Number 3

Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds and shows your enthusiasm.

✨Tip Number 4

Apply through our website for the best chance at landing that Principal Pricing Analyst role. We love seeing candidates who are proactive and engaged with our platform. Plus, it makes tracking your application super easy!

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

Insurance Pricing
Actuarial Methods and Principles
Emblem Software
Price Optimisation
Regulatory Knowledge in General Insurance
Advanced Excel Skills
MS Office Skills
Project Management
GLMs (Generalised Linear Models)
GBMs (Generalised Boosted Models)
Data Science Techniques
Stakeholder Engagement
Model Governance
Continuous Improvement
Knowledge Sharing

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Pricing Manager role. Highlight your experience in insurance pricing, actuarial methods, and any relevant software like Emblem. 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 passionate about pricing strategy and how you can contribute to our team. Don’t forget to mention your project management experience and any innovative approaches you've taken.

Showcase Your Technical Skills: We’re looking for someone with strong technical skills, so be sure to highlight your proficiency in Excel, MS Office, and any modelling techniques you’ve used. If you’ve worked with data science techniques, let us know how you’ve applied them in your previous roles!

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it. Plus, it shows you’re keen on joining our team at StudySmarter!

How to prepare for a job interview at Sanderson

✨Know Your Numbers

As a Pricing Manager, you'll need to demonstrate your strong grasp of actuarial methods and principles. Brush up on key metrics and be ready to discuss how you've used data to influence pricing strategies in the past.

✨Showcase Your Technical Skills

Make sure to highlight your experience with Emblem software and any other pricing tools like Radar. Be prepared to discuss specific projects where you’ve built automated processes or improved forecasting accuracy using data science techniques.

✨Engage Stakeholders

This role involves a lot of collaboration, so think about examples where you've successfully worked with cross-functional teams. Be ready to explain how you coordinated efforts and communicated complex pricing concepts to non-technical stakeholders.

✨Stay Ahead of Trends

Demonstrate your knowledge of industry trends and competitor insights. Bring up recent developments in the insurance market that could impact pricing strategies, and show how you keep yourself informed about best practices in the field.

Pricing Manager in London
Sanderson
Location: London

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