Technical Pricing Manager
HybridManchester, England, United Kingdom or Haywards Heath, England, United Kingdom
Manchester, England, United Kingdom or Haywards Heath, England, United KingdomHybridFull TimeMedium
Full TimeMedium
Job Summary
Lead a team of technical pricing analysts to deliver data-led pricing solutions that support profitable growth and customer fairness. Manage burn cost models, rating structures, and predictive analytics initiatives, ensuring robust governance, documentation, and control across all technical outputs. Translate complex analytical findings into commercially balanced recommendations for senior stakeholders and drive the technical pricing roadmap in collaboration with underwriting, claims, and product teams. Monitor market and portfolio performance to identify risks and opportunities, while promoting continuous improvement in pricing processes and tools.
Required Qualifications
- Strong technical knowledge of motor insurance pricing
- Strong technical knowledge of burn cost modelling
- Strong technical knowledge of rating structures
- Strong technical knowledge of underwriting risk
- Strong technical knowledge of claims cost drivers
- Experience of statistical modelling
- Experience of predictive analytics
- Experience of machine learning techniques within a general insurance pricing environment
- Proficiency in pricing and data tools such as WTW Radar
- Proficiency in pricing and data tools such as Databricks
- Proficiency in pricing and data tools such as Python
- Proficiency in pricing and data tools such as PySpark
- Proficiency in pricing and data tools such as SQL
- Proven ability to lead technical delivery through others
- Proven ability to balance hands-on review with effective delegation
- Proven ability to coach
- Proven ability to prioritise
- Experience in developing team capability through coaching
- Experience in developing team capability through feedback
- Experience in developing team capability through workload management
- Experience in developing team capability through performance feedback
- Strong stakeholder management skills
- Confidence to influence colleagues across pricing
- Confidence to influence colleagues across underwriting
- Confidence to influence colleagues across claims
- Confidence to influence colleagues across finance
- Confidence to influence colleagues across product
- Confidence to influence colleagues across trading
- Confidence to influence colleagues across data
- Confidence to influence colleagues across risk
- Solid project management capability
- Planning capability
- Dependency management capability
- Governance capability
- Documentation capability
- Delivery against agreed timescales capability
- Knowledge of FCA requirements
- Knowledge of individual responsibilities in relation to Consumer Duty
- Significant experience in general insurance pricing
- Significant experience in personal lines motor insurance
- Strong experience developing technical pricing models
- Strong experience maintaining technical pricing models
- Strong experience reviewing technical pricing models
- Strong experience implementing technical pricing models
- Strong experience developing burn cost models
- Strong experience developing rating structures
- Strong experience developing risk cost models
- Experience leading technical pricing projects from scoping through to delivery
- Experience managing analysts
- Experience supervising analysts
- Experience providing technical leadership to analysts
- Experience in coaching analysts
- Experience in quality review
- Experience in workload prioritisation
- Experience working with large internal datasets
- Experience working with large external datasets
- Ability to apply statistical methods to commercial pricing questions
- Ability to apply actuarial methods to commercial pricing questions
- Ability to apply data science methods to commercial pricing questions
- Good understanding of pricing governance
- Good understanding of model controls
- Good understanding of conduct requirements
- Good understanding of the importance of delivering fair customer outcomes
- Degree-level qualification in a numerical discipline such as mathematics
- Degree-level qualification in a numerical discipline such as statistics
- Degree-level qualification in a numerical discipline such as actuarial science
- Degree-level qualification in a numerical discipline such as data science
- Degree-level qualification in a numerical discipline such as economics
- Degree-level qualification in a numerical discipline such as computer science
- Degree-level qualification in a related field
- Advanced analytical capability
- Numerical capability
- Strong attention to detail
- Ability to challenge assumptions
- Ability to challenge methods
- Ability to challenge outputs
- Strong commercial awareness
- Understanding of profitability
- Understanding of loss ratios
- Understanding of rate adequacy
- Understanding of conversion
- Understanding of retention
- Understanding of market competitiveness
- Understanding of customer outcomes
- Ability to convert complex technical analysis into practical recommendations
- Ability to convert complex technical analysis into clear narratives
- Ability to convert complex technical analysis into well-evidenced decisions
- Sound risk and control mindset
- Understanding of pricing governance
- Understanding of conduct expectations
- Understanding of regulatory requirements
- Organised
- Proactive
- Collaborative
- Ability to drive continuous improvement
- Ability to maintain high standards across the team
Desired Qualifications
- Relevant professional qualifications, such as actuarial qualifications
- Relevant professional qualifications, such as insurance qualifications
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