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For Companies At a Glance
- Tasks: Lead pricing transformation projects and optimise underwriting capabilities.
- Company: Join Markerstudy Insurance Services, a top player in the UK motor insurance market.
- Benefits: Enjoy a competitive salary, yearly bonus, health care plan, and generous leave.
- Why this job: Make a real impact on pricing strategies and enhance customer experiences.
- Qualifications: Experience in product management within insurance or financial services is essential.
- Other info: Work in a dynamic, collaborative environment with excellent career growth opportunities.
The predicted salary is between 36000 - 60000 £ per year.
This role is largely remote with occasional travel. We are seeking an experienced Product Manager to lead the development and optimisation of our pricing and underwriting capabilities. You’ll translate business objectives into product backlogs and work closely with pricing, underwriting, data science, and technical teams to deliver iterative, high-impact solutions. This role is critical to shaping how we understand and develop our people and technology capabilities, from pricing risks, looking at automation opportunities, and improving customer experience through data-led decisions and frictionless trading.
Key Accountabilities & Responsibilities:
- Own and maintain the product backlog for pricing capability initiatives, aligned with the Trading Transformation deliverables.
- Define clear user stories, acceptance criteria, and prioritisation based on business value and technical feasibility.
- Act as the voice of the business and end-user, bridging underwriting, pricing, and technology teams.
- Work closely with Scrum Masters and development teams to ensure sprint goals are well-defined and achievable.
- Partner with Underwriters, Actuaries, Data Scientists, and other stakeholders to gather requirements and define features.
- Assist with the development of pricing models, underwriting workflows, and self-service tools for internal users or relevant business partners.
- Use market insight, data, and feedback loops to drive continuous improvement.
- Ensure product deliverables align with regulatory standards, risk appetite, and strategic underwriting objectives.
- Monitor KPIs such as quote accuracy, time-to-underwrite, conversion rates, and pricing model performance.
Skills, Experience & Knowledge:
- Proven experience as a Product Owner (or similar change delivery focused role) in insurance/financial services, ideally within pricing or underwriting.
- Deep understanding of agile product delivery, backlog grooming, and stakeholder engagement.
- Ability to articulate pricing or underwriting logic in business and technical terms.
- Strong collaboration skills working with data, actuarial, and software engineering teams.
- Experience with Jira, Confluence, or similar tools.
- Familiarity with personal/commercial lines underwriting workflows or automation platforms (advantageous).
- Product Owner certification (e.g., CSPO, SAFe POPM) is preferred.
- Knowledge of insurance pricing tools such as Radar, Earnix or custom pricing APIs (advantageous).
Why us?
Markerstudy Insurance Services Limited (MISL) is one of the largest Managing General Agents in the UK. With a strong presence in the UK motor insurance market, we specialise in niche motor cover, where our solid market knowledge and experience enables us to create highly targeted products. Our success is underpinned by our underwriting strategy to identify and apply special risk factors to the customers’ advantage. That, and our skilled underwriting technicians who are friendly, accessible and empowered to make decisions. We only transact business through professional UK insurance intermediaries and we take pride in fostering excellent working relationships. Our products feature prominently on Aggregators' sites, such as Confused.com, Go Compare and Compare the Market, via our broker partners.
What we offer in return?
- A collaborative and fast paced work environment
- Opportunity for yearly bonus
- Health care cash plan
- 24 days annual leave plus Bank Holidays and the ability to buy additional leave (annual leave also increases with service)
- A benefit scheme that offers discounts and cashback on shopping, restaurants, travel and more
- Life Assurance 4x annual salary
Product Manager - Pricing Transformation in Peterborough employer: Vermelo RPO
Contact Detail:
Vermelo RPO Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Manager - Pricing Transformation in Peterborough
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at companies you're interested in. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to product management and pricing transformation. We recommend role-playing with a friend or using mock interview platforms to boost your confidence.
✨Tip Number 3
Showcase your skills through real-life examples. When discussing your experience, focus on specific projects where you’ve made an impact, especially in pricing or underwriting. This will help you stand out as a candidate who can deliver results.
✨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 genuinely interested in joining our team.
We think you need these skills to ace Product Manager - Pricing Transformation in Peterborough
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Product Manager – Pricing Transformation. Highlight your experience in product ownership, especially in pricing or underwriting, and showcase any relevant tools like Jira or Confluence that you've used.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills align with our needs. Don’t forget to mention your understanding of agile product delivery and collaboration with technical teams.
Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your impact. Use metrics where possible, like improvements in quote accuracy or conversion rates, to show how you’ve driven results in previous roles.
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 from us!
How to prepare for a job interview at Vermelo RPO
✨Know Your Product Backlog
Make sure you understand how to manage a product backlog effectively. Be ready to discuss how you would prioritise user stories based on business value and technical feasibility, as this is crucial for the role.
✨Speak Their Language
Brush up on your knowledge of pricing and underwriting logic. You’ll need to articulate these concepts in both business and technical terms, so be prepared to explain how you bridge the gap between different teams.
✨Showcase Your Collaboration Skills
Highlight your experience working with cross-functional teams, especially with data scientists and actuaries. Share specific examples of how you’ve successfully gathered requirements and defined features in past roles.
✨Familiarise Yourself with Tools
If you have experience with Jira, Confluence, or any insurance pricing tools like Radar or Earnix, make sure to mention it. Being familiar with these tools can set you apart from other candidates.
