At a Glance
- Tasks: Lead pricing strategies and innovate with data-driven techniques for travel insurance.
- Company: Dynamic insurance company based in London, focused on customer-centric solutions.
- Benefits: Competitive salary, career development opportunities, and a collaborative work environment.
- Why this job: Make a real impact in the travel insurance sector with innovative pricing strategies.
- Qualifications: Degree in Finance, Economics, or Mathematics; strong analytical skills required.
- Other info: Join a forward-thinking team with excellent growth potential in a vibrant city.
The predicted salary is between 55000 - 65000 £ per year.
As a Pricing Manager, you will be a key contributor in setting pricing strategies, enhancing analytical capabilities, and ensuring that pricing decisions are commercially sound and customer-centric.
Location: London
Type: Permanent
Key Duties (Including but not limited to):
- Pricing Strategy Development: Lead the creation and implementation of pricing models and strategies for travel insurance products across both risk and retail, balancing commercial focus with customer fairness and regulatory compliance (FCA, Pricing Practices, etc.)
- Pricing Innovation: Drive innovation in pricing techniques (GLMs, machine learning, data enrichment, etc.) while ensuring clarity and transparency in methods used
- Software Utilisation: Utilise tools such as Emblem and Radar (Live) to develop, test, and refine pricing algorithms and models
- Market Research: Conduct competitive analysis to understand market positioning and identify areas for improvement
A Bachelor’s degree in Finance, Economics, Mathematics, or a related field
Strong analytical skills and experience in data analysis tools (e.g., Excel, SQL, R/Python desirable)
A background in actuarial or data science within UK general insurance
Hands-on experience in building and refining pricing models (GLMs essential; machine learning desirable)
Pricing Manager – Travel Insurance – 29568 employer: The Emerald Group
Contact Detail:
The Emerald Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Manager – Travel Insurance – 29568
✨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 practising common questions related to pricing strategies and analytical skills. We recommend using the STAR method to structure your answers – it helps you showcase your experience effectively!
✨Tip Number 3
Showcase your skills with a portfolio! If you've worked on pricing models or data analysis projects, compile them into a neat presentation. This gives potential employers a tangible sense of what you can bring to the table.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Pricing Manager – Travel Insurance – 29568
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Pricing Manager role. Highlight your experience with pricing strategies and analytical tools, as well as any relevant qualifications. 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 in travel insurance and how you can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills: Since this role requires strong analytical capabilities, make sure to mention specific tools and techniques you've used in the past. Whether it's Excel, SQL, or machine learning, we want to know how you've applied these skills in real-world scenarios.
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 shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at The Emerald Group
✨Know Your Numbers
As a Pricing Manager, you'll need to demonstrate your analytical prowess. Brush up on your knowledge of GLMs and any relevant data analysis tools like Excel or SQL. Be ready to discuss specific examples of how you've used these skills in past roles.
✨Understand the Market
Familiarise yourself with current trends in travel insurance pricing and the competitive landscape. Research the company’s position in the market and be prepared to share insights on how you would enhance their pricing strategies based on your findings.
✨Showcase Your Innovation
Highlight any experience you have with innovative pricing techniques, such as machine learning or data enrichment. Prepare to discuss how you can bring fresh ideas to the table and improve existing pricing models.
✨Regulatory Knowledge is Key
Make sure you understand the regulatory environment surrounding pricing practices, especially in the UK. Be ready to explain how you would ensure compliance while still achieving commercial goals in your pricing strategies.