Risk Pricing Manager in London

Risk Pricing Manager in London

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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Simply Business

At a Glance

  • Tasks: Craft innovative pricing strategies to protect small businesses and drive profitability.
  • Company: Simply Business, a tech-driven insurance company supporting small dreams.
  • Benefits: Flexible hybrid work, 25 days annual leave, and a supportive work-life balance.
  • Why this job: Make a real impact on small businesses while developing your analytical and leadership skills.
  • Qualifications: Bachelor's in a quantitative field and experience in insurance pricing.
  • Other info: Join a diverse team committed to inclusivity and professional growth.

The predicted salary is between 36000 - 60000 £ 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 are 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? At Simply Business, we don’t just sell insurance; we protect the big dreams of small businesses, from builders to bakers. As our Risk Pricing Manager, you’ll be at the heart of this mission, driving profitability and competitiveness by crafting innovative pricing strategies that keep us ahead of the pack. This isn’t just about crunching numbers; it’s about using your analytical expertise to ensure our pricing is evidence-based, accurate, and market-leading. What makes this role stand out is the blend of technical execution and collaborative leadership. You won’t be working in a silo; you’ll act as a vital bridge between our technical and non-technical teams, translating complex concepts into actionable insights for the whole business. Whether you’re future-proofing our practices against regulatory changes or mentoring the next generation of talent, your work will have a tangible impact on our community and our success.

What Will You Do?

  • Build and refine technical pricing models to accurately quantify risk and optimise our pricing structures.
  • Conduct detailed risk assessments to understand how internal and external factors influence the market, then develop effective mitigation strategies.
  • Monitor performance closely, making real-time adjustments to pricing strategies to ensure we consistently hit our profitability targets.
  • Partner cross-functionally with underwriting, actuarial, and product development teams to ensure our strategies are unified.
  • Utilise advanced tools like Python, R, and SQL alongside industry-standard software like Earnix or Radar to improve model accuracy.
  • Stay ahead of the curve by monitoring industry trends and competitor moves to ensure we remain a pioneering choice for our customers.

We’re Looking For Someone Who Is:

  • Highly analytical, with a Bachelor’s degree in Mathematics, Statistics, Actuarial Science, or a similar quantitative field.
  • An industry expert with significant experience in insurance pricing and a deep understanding of market dynamics.
  • Technically proficient in programming languages such as Python, R, or SQL, and comfortable using tools like Earnix, Emblem, or Radar.
  • A strategic thinker who can develop innovative solutions to solve complex business challenges while maintaining profitability.
  • A collaborative leader who is passionate about mentoring junior team members and fostering a high-performing culture.
  • Resilient and adaptive, with the ability to thrive in a fast-paced environment and manage changing priorities with honesty.

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.

Ready to help us enable big dreams? Click apply to start your journey with us.

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.

Risk Pricing Manager in London employer: Simply Business

At Simply Business, we pride ourselves on being more than just an insurance provider; we are a community-focused technology company dedicated to empowering small businesses and fostering employee growth. Our collaborative work culture encourages innovation and mentorship, ensuring that every team member has the opportunity to thrive while enjoying a healthy work-life balance with flexible hybrid working options and generous annual leave. Join us in making a meaningful impact as we support the dreams of our customers and contribute to our global social initiatives.
Simply Business

Contact Detail:

Simply Business Recruiting Team

StudySmarter Expert Advice 🤫

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

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect 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, like how they support small businesses, and think about how your skills as a Risk Pricing Manager can contribute to that vision.

✨Tip Number 3

Practice your pitch! Be ready to explain how your analytical skills and experience in insurance pricing make you the perfect fit for the role. Keep it concise but impactful – show them why you're the one they need!

✨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 genuinely interested in being part of our mission to help small businesses thrive.

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

Analytical Expertise
Technical Pricing Models
Risk Assessment
Mitigation Strategies
Performance Monitoring
Cross-Functional Collaboration
Python
R
SQL
Earnix
Emblem
Radar
Strategic Thinking
Mentoring
Adaptability

Some tips for your application 🫡

Show Your Passion: When you're writing your application, let your enthusiasm for the role shine through! We want to see how much you care about helping small businesses and driving innovative pricing strategies. A personal touch can make all the difference.

Tailor Your CV: Make sure your CV is tailored to the Risk Pricing Manager role. Highlight your analytical skills and any relevant experience in insurance pricing. We love seeing how your background aligns with our mission, so don’t hold back!

Be Clear and Concise: Keep your application clear and to the point. We appreciate straightforward communication, so avoid jargon unless it’s necessary. Make it easy for us to see why you’re a great fit for the team!

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 – just a few clicks and you’re on your way!

How to prepare for a job interview at Simply Business

✨Know Your Numbers

As a Risk Pricing Manager, you'll need to demonstrate your analytical skills. Brush up on key metrics and pricing models relevant to the insurance industry. Be ready to discuss how you've used data to drive decisions in past roles.

✨Showcase Your Collaboration Skills

This role requires you to bridge technical and non-technical teams. Prepare examples of how you've successfully collaborated across departments. Highlight any mentoring experiences to show your leadership potential.

✨Stay Ahead of Industry Trends

Familiarise yourself with current trends in insurance pricing and risk assessment. Be prepared to discuss how these trends could impact Simply Business and how you would adapt strategies accordingly.

✨Practice Problem-Solving Scenarios

Expect to tackle real-world problems during your interview. Prepare for case studies or hypothetical scenarios where you can showcase your strategic thinking and innovative solutions to complex challenges.

Risk Pricing Manager in London
Simply Business
Location: London
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