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- Tasks: Develop and manage street pricing strategies to meet growth objectives.
- Company: Join a leading company in the insurance sector with a focus on innovation.
- Benefits: Enjoy a permanent role with competitive pay and opportunities for professional development.
- Why this job: Make a real impact on pricing strategies that drive business success.
- Qualifications: Experience in pricing, demand modelling, and relevant insurance knowledge preferred.
- Other info: Dynamic team environment with potential for career advancement.
The predicted salary is between 36000 - 60000 £ per year.
Develop and deliver street (customer) price for a defined product range to deliver target COR and growth objectives in accordance with the Company Price Strategy.
Key Duties:
- Recommend and manage street price in accordance with agreed methods and approaches to deliver the ‘best view’ of street price to deliver target COR and growth objectives, ensuring independence is maintained throughout.
- Recommend, design, implement and continuously improve tests to ensure the integrity, confidence and accuracy of street price models and support the quality assurance process.
- Conduct scenario planning and impact assessments of potential pricing actions on conversion and retention rates and profitability to inform street pricing decisions and manage risk.
It would be desirable if the colleague held or was working towards one of the following: ACII, Accountancy qualification (ACA or ACCA), MBA or FIA.
Experience of working in a pricing team with direct responsibility for pricing outputs.
Experience of building and using demand models, conducting optimisation analyses and setting customer prices.
Relevant general insurance experience in personal or commercial lines (comprising, pricing, underwriting, product or a P+L function).
Street Pricing Consultant – 29475 in Stratford-upon-Avon employer: The Emerald Group
Contact Detail:
The Emerald Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Street Pricing Consultant – 29475 in Stratford-upon-Avon
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work in pricing or insurance. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your pricing knowledge. Be ready to discuss how you would approach street pricing and share examples of your past experiences. Confidence is key!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you and tailor your approach to each one.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the role. It’s a small gesture that can make a big difference.
We think you need these skills to ace Street Pricing Consultant – 29475 in Stratford-upon-Avon
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Street Pricing Consultant role. Highlight your experience in pricing teams and any relevant qualifications like ACII or accountancy certifications. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about pricing and how you can contribute to our growth objectives. Be sure to mention any specific experiences that relate to street pricing and customer retention.
Showcase Your Analytical Skills: Since this role involves scenario planning and impact assessments, make sure to highlight your analytical skills. Share examples of how you've used data to inform pricing decisions or improve models in previous roles. We love numbers!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at The Emerald Group
✨Know Your Numbers
As a Street Pricing Consultant, you'll need to be comfortable with data. Brush up on your pricing models and be ready to discuss how you've used them in the past. Be prepared to explain your thought process behind setting prices and how you ensure accuracy.
✨Scenario Planning is Key
Familiarise yourself with scenario planning techniques. Think of examples where you've assessed potential pricing actions and their impacts on conversion rates. This will show that you can think critically about pricing strategies and their implications.
✨Showcase Your Experience
Highlight your relevant experience in pricing teams or any roles that involved direct responsibility for pricing outputs. Be specific about your contributions and the results achieved. This will help demonstrate your capability to deliver on the job's requirements.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's pricing strategy and how they measure success. This shows your genuine interest in the role and helps you understand if the company aligns with your career goals.