At a Glance
- Tasks: Lead pricing strategy and data evolution for a dynamic insurance company.
- Company: Simply Business, a tech-driven insurance provider supporting small businesses.
- Benefits: Flexible work, generous leave, private medical insurance, and personal development support.
- Why this job: Make a real impact on small businesses while driving innovation in pricing and analytics.
- Qualifications: Proven leadership in pricing, expertise in predictive analytics, and strong communication skills.
- Other info: Join a diverse team committed to inclusivity and professional growth.
The predicted salary is between 43200 - 72000 £ per year.
Who Are We? We insure small businesses and enable big dreams – not just for our customers, but for our people and communities too. With over 1,000,000 active insurance policies, we protect builders, bakers, landlords and more than 1,200 other trades. We’re a technology company as well as one that sells insurance. That means we build, we fail, we learn and we improve. Through our global social impact strategy, called 'The Big Dreams Project’, we're working to help 10,000 small businesses start or grow by 2030.
What Is the Opportunity? We are looking for a strategic leader to join the MGA Leadership Team as our Director of Pricing. Reporting directly to the Managing Director of the MGA, you over the next 6 to 12 months, you’ll take the helm of our pricing strategy across four distinct brands, driving ambitious targets across the entire SME market. This is a chance to lead our data evolution during a pivotal year, ensuring that predictive analytics and machine learning sit at the heart of every commercial decision we make. What makes this role different is the level of executive impact you’ll have in a fixed-term capacity. You’ll be a vital part of the MGA leadership team, delivering directly against strategic priorities for our UK executive team and building a high-performing culture that champions the small business cause.
As one of our Head of Risk Pricing, Data and Analytics’s, you’ll:
- Execute complex pricing strategies that balance growth with healthy profit margins across our diverse target markets.
- Simplify the complex by translating technical analysis into clear, actionable commercial strategies that the whole business can get behind.
- Lead and inspire our pricing and data teams, creating a supportive environment where everyone feels empowered to do their best work.
- Drive technical innovation by adopting machine learning techniques to sharpen the accuracy of our risk pricing models.
- Manage vital relationships with third-party capacity providers, building trust in our strategic and commercial plans.
- Spearhead our data strategy, integrating external third-party data to give us a refreshing competitive edge in the market.
We’re Looking For Someone Who Is:
- A strategic commercial leader with a proven track record of delivering results in complex, multi-brand environments.
- Technically expert in predictive analytics and machine learning, particularly within financial or insurance contexts.
- An empowering people manager who focuses on engagement, professional growth, and fostering an inclusive culture.
- A clear communicator who can make data-led concepts relatable and simple for executive and board-level audiences.
- Knowledgeable about the SME market, understanding the specific pricing challenges and opportunities within this landscape.
- An analytical thinker who is comfortable building and implementing data-led decision-making frameworks at a senior level.
We encourage people of all different backgrounds and identities to apply. We are committed to maintaining an inclusive, supportive place for you to be you and do your very best work.
What Are The Benefits Of Working At Simply Business
- We offer a great work-life balance where workloads are manageable and everyone has the flexibility to work hybrid.
- On top of the 25 days annual leave (plus bank holidays), we offer the option to buy five more days of holiday with your flexible benefits.
- Our flexible parental leave allows you to approach an important time how you want - with six months full pay to the primary caregiver and four weeks full pay if you're the secondary caregiver.
- Our life event leave is an extra days leave every two years for those big moments in your life like moving house or your birthday.
- And our long-serving employees get a two week paid sabbatical after five years of service, then four weeks off after ten years of service.
- Private medical insurance through BUPA, that covers any pre-existing condition is a core benefit.
- Plus a health cash plan that covers your everyday medical expenses.
- We offer a competitive salary based on your experience and the current market. Plus the potential to earn an annual bonus based on performance.
- Access to tools to support your personal development on our dedicated learning platform.
- As well as support for your mental health with access to counselling.
- We match what you put into your pension up to five per cent.
- And pass on a tax-free sum that’s four times your basic salary with our life assurance policy, with the option to increase it to ten times through our flexible benefit scheme.
- Our salary sacrifice car scheme gives you the option to buy a brand new, fully insured, and maintained car for a convenient fixed monthly amount taken from your gross salary (after 6 months service).
- Our flexible benefits scheme gives you an allocated amount to use each year on benefits like critical illness cover, dental insurance, travel insurance, or a gym membership.
Ready to join us and drive our success as a high-performing team? Apply today.
Employment Practices
Simply Business is committed to providing equality and opportunities for all employees and candidates considering a career with us. We offer a workplace where colleagues are treated with respect and dignity. We don’t (and won’t) discriminate either directly or indirectly on the grounds of race, colour, religion, belief, political opinion, disability, nationality, ethnic origin, sex, sexual orientation or relationship status at any stage of the hiring process or during the course of your employment.
Head of MGA Risk Pricing, Data and Analytics employer: Simply Business
Contact Detail:
Simply Business Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of MGA Risk Pricing, Data and Analytics
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their mission and values, especially how they support small businesses. This will help you tailor your answers and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills in predictive analytics and machine learning can drive their pricing strategy. Keep it clear and relatable, so even those not in the data field can grasp your value.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining our mission to empower small businesses and make a difference.
We think you need these skills to ace Head of MGA Risk Pricing, Data and Analytics
Some tips for your application 🫡
Show Your Passion: Let us see your enthusiasm for the role and our mission. Share why you want to be part of our journey in supporting small businesses and how your experience aligns with our goals.
Tailor Your Application: Make sure to customise your CV and cover letter to highlight relevant skills and experiences that match the job description. We love seeing how you can bring value to our team!
Be Clear and Concise: When writing your application, keep it straightforward. Use clear language and avoid jargon where possible. We appreciate a well-structured application that gets straight to the point.
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’s super easy!
How to prepare for a job interview at Simply Business
✨Know Your Numbers
As a candidate for the Head of MGA Risk Pricing, it's crucial to be well-versed in predictive analytics and machine learning. Brush up on relevant metrics and case studies that demonstrate your expertise in these areas, as they will likely come up during the interview.
✨Simplify the Complex
Prepare to explain complex data concepts in simple terms. Think about how you can translate technical jargon into relatable language for executive-level discussions. Practising this will help you communicate effectively with the leadership team.
✨Showcase Your Leadership Style
This role requires an empowering people manager. Be ready to share examples of how you've fostered an inclusive culture and engaged your teams in previous roles. Highlight specific strategies you've used to inspire and motivate your colleagues.
✨Understand the SME Landscape
Familiarise yourself with the specific pricing challenges and opportunities within the SME market. Research current trends and be prepared to discuss how your insights can drive strategic decisions for the company.