At a Glance
- Tasks: Lead pricing strategies for Home Insurance and develop a team of Pricing Analysts.
- Company: Join the AA, a forward-thinking company focused on fairness and transparency.
- Benefits: Enjoy 25 days leave, pension contributions, discounts, and diverse learning opportunities.
- Other info: Be part of an inclusive culture that values diversity and personal growth.
- Why this job: Make a real impact on pricing strategies that benefit thousands of customers.
- Qualifications: Experience in insurance pricing and strong analytical skills required.
The predicted salary is between 55000 - 65000 € per year.
This is an opportunity to take ownership of how we price our Home Insurance products at the AA, while also leading and developing a small team of Pricing Analysts. You'll play a central role in shaping strategies that keep us competitive, fair and commercially strong, with responsibility for both technical delivery and people leadership. At the heart of the pricing function, you'll analyse performance, identify emerging trends and refine models to support informed decision-making. Alongside this, you'll line manage two Pricing Analysts, supporting their development and ensuring high-quality output across the team. Your work will help strike the right balance between delivering value for customers and achieving business objectives, directly influencing product performance. You'll also ensure that all pricing activity meets FCA Pricing Practices rules and guidance, embedding fairness, transparency and strong customer outcomes into everything we do. This role offers the chance to make a meaningful impact, working collaboratively in a forward-thinking environment where your leadership and insight shape decisions affecting thousands of customers.
Responsibilities
- Leading the design, development and delivery of pricing strategies that optimise acquisition and retention
- Driving the development and enhancement of pricing models, systems and methodologies to maximise value
- Ensuring compliance with FCA Pricing Practices through robust implementation of regulatory requirements
- Building and refining pricing models and test strategies to deliver high-quality analysis and insight
- Analysing competitor activity and market trends to inform forward-looking pricing decisions
- Supporting external partners by providing actionable insights to improve performance and outcomes
- Strengthening controls and governance across pricing models, systems and analytical processes
- Producing detailed analysis to support business cases, forecasting and financial planning
- Delivering accurate, timely reporting through effective data extraction, validation and monitoring
- Coaching and developing analysts within the team, fostering capability, performance and future talent
Qualifications
- Proven experience in complex financial and consumer modelling, with a strong focus on insurance pricing
- Strong technical capability, with experience using tools such as Radar Optimiser, Radar Live, Databricks or Power BI
- Solid background in data-rich environments with experience in advanced analytical tools
- Good understanding of pricing techniques within Personal Lines insurance
- Experience applying lifetime value and customer relationship management strategies
- Ability to deliver change across business processes and IT systems
- Commercial awareness, with a clear focus on delivering value and business impact
- Confidence communicating complex insights to senior stakeholders in a clear and engaging way
- Strong organisational skills, with the ability to plan, prioritise and work independently
- Motivation to continuously develop knowledge and skills, with a proactive and driven approach
Benefits
- 25 days annual leave plus bank holidays + holiday buying scheme
- Worksave pension scheme with up to 7% employer contribution
- Free AA breakdown membership from Day 1 plus 50% discount for family and friends
- Discounts on AA products including car and home insurance
- Employee discount scheme that gives you access to a car salary sacrifice scheme plus great discounts on healthcare, shopping, holidays and more
- Company funded life assurance
- Diverse learning and development opportunities to support you to progress in your career
- Dedicated Employee Assistance Programme and a 24/7 remote GP service for you and your family
Equal Opportunity Employer
We’re an equal opportunities employer and welcome applications from everyone. The AA values diversity and the difference this brings to our culture and our customers. We actively seek people from diverse backgrounds to join us and become part of an inclusive company where you can be yourself, be empowered to be your best and feel like you truly belong. We have five communities to bring together people with shared characteristics and backgrounds and drive positive change.
Pricing Manager in City of Westminster employer: The Automobile Association
The AA is an exceptional employer, offering a dynamic work environment where you can take ownership of pricing strategies for Home Insurance products while leading a talented team. With a strong focus on employee development, competitive benefits including generous annual leave and a robust pension scheme, and a commitment to diversity and inclusion, the AA empowers its employees to make a meaningful impact in a forward-thinking culture that values fairness and transparency.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Manager in City of Westminster
✨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 pricing strategies. Be ready to discuss how your experience aligns with their goals, especially around compliance and customer value. Show them you mean business!
✨Tip Number 3
Practice your pitch! You want to communicate your insights clearly and confidently. Mock interviews with friends or mentors can help you refine your delivery and make a lasting impression.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of our team at the AA.
We think you need these skills to ace Pricing Manager in City of Westminster
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Pricing Manager. Highlight your experience in insurance pricing and any relevant tools you've used, like Radar Optimiser or Power BI. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about pricing strategies and how you can lead a team effectively. We love seeing enthusiasm and a clear understanding of our business objectives.
Showcase Your Analytical Skills:Since this role involves a lot of data analysis, make sure to include examples of how you've used data to drive decisions in previous roles. We want to know how you’ve identified trends and refined models to achieve results.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at the AA!
How to prepare for a job interview at The Automobile Association
✨Know Your Numbers
As a Pricing Manager, you'll need to be comfortable with data and analytics. Brush up on your financial modelling skills and be ready to discuss how you've used tools like Radar Optimiser or Power BI in past roles. Prepare specific examples of how your analysis has influenced pricing strategies.
✨Showcase Your Leadership Skills
Since this role involves managing a team of Pricing Analysts, be prepared to talk about your leadership style. Think of instances where you've coached or developed team members, and how you fostered a collaborative environment. Highlight your ability to balance team development with delivering high-quality outputs.
✨Understand the Regulatory Landscape
Familiarise yourself with FCA Pricing Practices and be ready to discuss how you've ensured compliance in previous roles. This shows that you not only understand the technical aspects of pricing but also the importance of fairness and transparency in your work.
✨Stay Ahead of Market Trends
Research current trends in the home insurance market and be prepared to discuss how these could impact pricing strategies. Demonstrating your commercial awareness and ability to analyse competitor activity will show that you're proactive and forward-thinking, which is crucial for this role.
