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 competitive and fair pricing.
- Benefits: Enjoy 25 days annual leave, competitive salary, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on innovation and career development.
- 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 60000 - 75000 £ 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
Pricing Manager employer: The Automobile Association
Contact Detail:
The Automobile Association Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Manager
✨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 competitors. Understand their pricing strategies and be ready to discuss how your skills can help them stay competitive and compliant with FCA guidelines.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've used data to drive decisions in previous roles. This will demonstrate your ability to refine models and deliver high-quality insights.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Pricing Manager
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 and any relevant tools you've used, like Radar Optimiser or Databricks. 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: In your application, don’t forget to showcase your analytical skills. Mention specific examples where you've analysed performance or identified trends that led to successful pricing decisions. We’re all about data-driven insights!
Apply Through Our Website: Finally, make sure 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 StudySmarter!
How to prepare for a job interview at The Automobile Association
✨Know Your Numbers
As a Pricing Manager, you'll need to demonstrate your analytical skills. Brush up on key metrics related to pricing strategies and be ready to discuss how you've used data to drive decisions in the past. Show them you can turn numbers into actionable insights!
✨Showcase Your Leadership Skills
Since you'll be managing a team of Pricing Analysts, it's crucial to highlight your leadership experience. Prepare examples of how you've coached or developed team members before. They want to see that you can inspire and elevate others while achieving business goals.
✨Understand FCA Regulations
Familiarise yourself with FCA Pricing Practices and be prepared to discuss how you would ensure compliance in your role. This shows that you’re not just technically savvy but also aware of the regulatory landscape that impacts pricing strategies.
✨Stay Ahead of Market Trends
Research current trends in the insurance market and be ready to share your thoughts on how they could impact pricing strategies. This demonstrates your proactive approach and commercial awareness, which are key for making informed decisions in this role.