The role will involve the management of detailed analysis of data using sophisticated machine learning and statistical techniques within price optimisation to recommend pricing actions which increase volume, income and profit. In addition, the Pricing Manager will build pricing capability and core skills within the business, as well as influence the strategic direction of retail pricing in the wider Ageas UK Group.
Main Responsibilities as Market Pricing Manager:
* Management, development and coaching of Lead, Senior and Pricing Analysts (circa team of 5).
* Monitoring and management of trading position to ensure targets are met.
* Oversight and approval of the maintenance and application of models of customer and market behaviour; incorporating machine learning into behavioural models; enabling the exploration of new techniques to improve models.
* Compiling and ensuring the timely delivery of recommendations for trading forums; discussing propositions with senior stakeholders.
* Develop a balanced view of current and future pricing performance by combining MI, modelling results and company targets.
Skills and experience you need as Market Pricing Manager:
* Educated to degree level or equivalent in a numerical discipline or qualified by experience.
* Extensive experience in insurance pricing or related analytical background.
* Detailed knowledge or experience of price optimisation.
* Experience in using Emblem, Radar, Databricks or industry equivalent.
* Experience of dealing with and influencing colleagues at all levels up to, and including, senior management and directors.
At Ageas we offer a wide range of benefits to support you and your family inside and outside of work, which helped us achieve, Top Employer status in the UK.
Here are some of the benefits you can enjoy at Ageas:
Flexible Working- Smart Working at Ageas gives employees flexibility around location (as long as it’s within the UK) and, for many of our roles, flexibility within the working day to manage other commitments, such as school drop offs etc. We also offer all our vacancies part-time/job-shares. We also offer a minimum of 35 days holiday (inc. bank holidays) and you can buy and sell days.
Supporting your Health- Dental Insurance Health Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, Well Being Activities – Mindfulness.
Supporting your Wealth- 50% off esure and Sheilas' Wheels motor and home insurance, Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.
Supporting you at Work- Well-being activities, mindfulness sessions, Sports and Social Club events and more.
Supporting you and your Family- Maternity/pregnant parent/primary adopter entitlement of 16 weeks at full pay and paternity/non-pregnant parent/co-adopter at 8 weeks’ full pay.
Benefits for Them- Partner Life Assurance and Critical Illness cover.
Get some Tech- Deals on various gadgets including Wearables, Tablets and Laptops.
Getting around- Car Salary Exchange, Cycle Scheme, Vehicle Breakdown Cover.
Supporting you back to work- Return to work programme after maternity leave.
Want to be part of a Winning Team? Come and join Ageas
Salary description
£60000.00 - £80000.00 per year