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Pricing Manager

Posted 2 months ago

  • London, Greater London
  • Permanent
  • see Ageas Careers
  • £56,000 to £84,000 /Yr
  • Standard
  • Expired - 25 days ago

Pricing Manager - Trading: Ageas are seeking a highly skilled Pricing Manager to join our team working across both our broker and direct standard motor products. As a Pricing Manager, you will be responsible for overseeing and managing the pricing strategies and risk assessment processes to optimise profitability and manage risk across our organisation. You will work closely with cross-functional teams, including underwriters, actuaries, and data scientists, to develop and implement pricing models, analyse market trends, and make data-driven decisions to ensure our pricing strategies align with our business objectives.
Main Responsibilities as Pricing Manager - Trading:

  • Management, development and coaching of Lead, Senior and Pricing Analysts (circa team of 6)
  • Monitoring and management of trading position to ensure targets are met
  • Approving predictive and machine learning models and ensuring best practice
  • Data enhancement, governance and ensuring accurate and relevant datasets for modelling, pricing and monitoring.
  • Development and maintenance of pricing models and support for their deployment
  • Compiling and ensuring the timely delivery of results and recommendations for pricing committee
  • Carry out deployment/send instructions for rate releases and review of rates into rate engine/live environment.
  • Project management across all stages of the price control cycle as required.
  • Deputise for Senior Managers/the Head of Pricing where required, including meetings with senior management and directors of Ageas UK companies.

To be successful in being considered for the Pricing Manager - Trading role you will need the following knowledge, skills and experience:

  • Educated to degree level or equivalent in a numerical discipline or qualified by experience
  • Extensive experience in insurance pricing or related analytical background
  • Highly skilled in the use of programming language (e.g. SAS) to manipulate data.
  • Experience in SOME of the following predictive modelling techniques e.g. Logistic Regression, Log-Gamma GLMs, GBMs, Elastic Net GLMs, GAMs, Decision Trees, Random Forests, Support Vector Machines and Neural Nets
  • Experienced in the use of a programming language (e.g. R, Matlab, Python or Octave)
  • Experience in using Emblem and Radar
  • Experience of using analytics to solve complex business problems.
  • Effective coaching of junior staff and development of pricing skills.
  • Experience of dealing with and influencing colleagues at all levels up to, and including, senior management and directors.
  • Ability to convey advanced statistical concepts to a non-statistical audience.
  • Self-motivated, with the drive, energy and ability to work on own initiative.
  • Very strong planning, prioritisation and organisational skills.

Here are some of the benefits you can enjoy within the JOB.TITLE role:

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.

  • Flexible Working - Smart Working @ 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 31 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 - Yoga, Mindfulness.
  • Supporting your Wealth - Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.
  • Supporting you at Work - Well-being activities, yoga, mindfulness sessions, Sports and Social Club events and more.
  • Benefits for Them - Partner Life Assurance and Critical Illness cover
  • Get some Tech - Deals on various gadgets including Wearables, Tablets and Laptops.
  • Supporting you back to work - Return to work programme after maternity leave

About Ageas:
We're one of the largest car and home insurers in the UK. Our people help Ageas to be a thriving, creative and innovative place to work, which is echoed in the service we provide to over four million customers.
As an inclusive employer, we encourage anyone to apply. We're a signatory of the Race at Work Charter and Women in Finance Charter, a Stonewall diversity champion and a Disability Confident Employer (which means interviews are guaranteed for applicants with a disability who meet the minimum role criteria). For more information please see Ageas Everyone.
Our aim is to have great people everywhere in our business and we're always looking for outstanding people to join us. To find out more about Ageas, see About Us.

Want to be part of a Winning Team? Come and join Ageas.

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