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- Tasks: Lead a team to develop innovative pricing solutions in a fast-paced environment.
- Company: Join Markerstudy, a top UK insurance provider with a vibrant and modern workplace.
- Benefits: Enjoy flexible hybrid working, private healthcare, 28 days leave, and life assurance.
- Why this job: Be part of a dynamic team shaping the future of insurance pricing with cutting-edge techniques.
- Qualifications: Experience in pricing management and a quantitative degree or equivalent experience required.
- Other info: Opportunities for mentoring and collaboration across various teams.
The predicted salary is between 72000 - 100800 £ per year.
Pricing Manager and Principal Pricing Analyst
Join to apply for the Pricing Manager and Principal Pricing Analyst role at Thinkways Software Technologies Pvt. Ltd.
Pricing Manager and Principal Pricing Analyst
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Join to apply for the Pricing Manager and Principal Pricing Analyst role at Thinkways Software Technologies Pvt. Ltd.
Pricing Manager / Principal Pricing Analyst
Pricing Manager / Principal Pricing Analyst
Locations available: Peterborough, Manchester, Stoke-On-Trent or London (flexible hybrid working)
We have offices based in the above locations, however, we are open to largely remote working with the occasional travel to an office.
We\’re looking for talented individuals at multiple levels (Principal Analyst and Pricing Manager) to join a fast-paced, innovative environment who are leaders in the insurance industry.
Role purpose
Responsible for mentoring or leading a team of analysts to develop and deliver pricing solutions that support and influence the company\’s strategic goals.
This includes team leadership, strategic input and process management. The role combines technical expertise with people management and cross-functional collaboration.
Key Responsibilities
- Strategic input into pricing solutions.
- Effective management of pricing processes.
- Combine pricing expertise and commercial acumen to deliver outcomes which optimise the P&L.
- Ensure all activity is compliant with pricing governance and follows established controls.
- Work closely with the Modelling & Optimisation Pricing Team to ensure pricing models/approaches meet business objectives.
- Manage relationships with key stakeholders around the business.
- Manage, mentor and coach more junior members of the team.
Key Skills, Knowledge And Experience Required
- Experience mentoring or managing pricing teams.
- Experience managing general insurance products, including knowledge of current trends and issues.
- Strong commercial acumen
- Strong communication skills across a variety of audiences
- Experience with predictive modelling techniques
- Experience in statistical and data science programming languages
- Exposure to or expertise in WTW\’s Radar, Emblem software or Earnix software.
- A quantitative degree (Mathematics, Statistics, Engineering, Physics, Computer Science, Actuarial Science) or qualified by experience
- Strong understanding of retail pricing optimisation and concepts (advantageous, but not essential)
What we offer in return?
- A collaborative and fast paced work environment
- Private medical health care plan
- 28 days annual leave plus of Bank Holidays and the ability to buy additional leave
- Life Assurance 4x annual salary
- Vibrant, modern offices
About The Business
Markerstudy is a leading provider of private insurance in the UK, insuring around 5% of the private cars on the UK roads, 20% of commercial vehicles and over 30% of motorcycles in total premium levels of circa £1.2b. Markerstudy also has a large and growing direct presence in the market as well.
Having acquired and successfully integrated Co-op Insurance Services in 2021, BGLi in 2022 & Atlanta in 2024. Markerstudy are now pursuing innovative pricing techniques, taking advantage of an award-winning insurer hosted rating platform, whilst challenging existing embedded processes.
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Seniority level
-
Seniority level
Mid-Senior level
Employment type
-
Employment type
Full-time
Job function
-
Job function
Marketing and Sales
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Pricing Manager and Principal Pricing Analyst employer: Thinkways Software Technologies Pvt. Ltd.
Contact Detail:
Thinkways Software Technologies Pvt. Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Manager and Principal Pricing Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in pricing strategies within the insurance industry. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a fast-paced environment.
✨Tip Number 2
Network with professionals in the pricing and insurance sectors. Attend industry events or join relevant online forums to connect with potential colleagues and learn about their experiences, which can give you valuable insights into the company culture at Thinkways Software Technologies.
✨Tip Number 3
Prepare to discuss your experience with predictive modelling techniques and any software tools like WTW's Radar or Emblem. Being able to articulate your hands-on experience with these tools will set you apart from other candidates.
✨Tip Number 4
Showcase your leadership skills by preparing examples of how you've mentored or managed teams in the past. Highlighting your ability to lead and develop others will resonate well with the hiring managers looking for a Pricing Manager.
We think you need these skills to ace Pricing Manager and Principal Pricing Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in pricing management and team leadership. Use specific examples that demonstrate your ability to mentor others and manage pricing processes effectively.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with the key responsibilities outlined in the job description, particularly your experience with predictive modelling techniques and commercial acumen.
Showcase Relevant Skills: Emphasise your strong communication skills and experience with statistical programming languages. If you have worked with software like WTW's Radar or Earnix, make sure to highlight this as it is advantageous for the role.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Pricing Manager.
How to prepare for a job interview at Thinkways Software Technologies Pvt. Ltd.
✨Showcase Your Leadership Skills
As a Pricing Manager, you'll be expected to lead and mentor a team. Be prepared to discuss your previous experiences in managing teams, highlighting specific examples where you successfully guided others or improved team performance.
✨Demonstrate Your Technical Expertise
Familiarity with predictive modelling techniques and statistical programming languages is crucial. Brush up on relevant software like WTW's Radar or Emblem, and be ready to explain how you've used these tools in past roles to achieve pricing objectives.
✨Understand the Industry Trends
Stay informed about current trends in general insurance products. During the interview, reference recent developments or challenges in the industry and how they might impact pricing strategies, showcasing your commercial acumen.
✨Prepare for Stakeholder Management Questions
You'll need to manage relationships with key stakeholders. Think of examples where you've successfully collaborated across departments or influenced decision-making, and be ready to discuss how you would approach stakeholder management in this role.
