Assistant Pricing Manager

Somerset Bridge; Bristol; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance firm in Bristol is seeking an Assistant Retail Pricing Manager to support the execution of its retail pricing strategy for motor insurance products. In this role, you will manage pricing projects and lead a team while collaborating with different stakeholders. Applicants should possess strong analytical skills, proficiency in pricing software, and effective communication abilities. This position offers hybrid working, a generous holidays package, along with various employee benefits.

Benefits

Hybrid working

25 days annual leave

Discretionary annual bonus

Pension scheme

Flexible working

Cycle to Work Scheme

Life Assurance

Qualifications

• Strong analytical and data interpretation skills.
• Proficiency in pricing software.
• Excellent communication skills, both verbal and written.
• Team leadership and mentoring capabilities.

Responsibilities

• Assist in implementing the retail pricing strategy.
• Prepare detailed analysis of pricing changes.
• Monitor and evaluate pricing strategies.
• Contribute to development of new pricing techniques.
• Supervise and mentor pricing analysts.

Skills

Analytical skills

Data interpretation

Statistical modeling

Project management

Communication skills

Problem-solving

Team leadership

Tools

Excel

SQL

R

Python

Radar

Emblem

Job description

Assistant Retail Pricing Manager

Department: [SBL] Retail Pricing

Employment Type: Permanent - Full Time

Location: Bristol

Description

The Assistant Retail Pricing Manager will support the development and execution of the company's retail pricing strategy for motor insurance products. The role involves managing pricing projects, leading a small team, and collaborating with cross‑functional stakeholders to ensure pricing models are competitive, profitable, and in line with regulatory standards. This position serves as a bridge between senior leadership and analysts, playing a key role in translating strategic goals into actionable pricing initiatives.

What you'll be responsible for:

Pricing Strategy Execution:

• Assist in implementing the retail pricing strategy in line with the company’s growth and profitability goals.
• Provide input into strategic decisions by analysing market trends, competitor pricing, and customer behaviour.

Analysis and Reporting:

• Prepare detailed and accurate analysis of pricing changes and their impact on portfolio performance.
• Communicate insights and recommendations to senior managers through presentations and detailed reports.

Performance Monitoring:

• Monitor and evaluate the performance of implemented pricing strategies, recommending adjustments to improve outcomes.

Innovation and Development:

• Contribute to the development and deployment of new pricing techniques, including machine learning and automation tools.
• Identify opportunities to improve existing models, processes, and systems.

Team Leadership:

• Supervise and mentor pricing analysts, fostering their professional growth.
• Oversee the production of high‑quality pricing models and reports, ensuring adherence to timelines and accuracy.

Stakeholder Collaboration:

• Work closely with the Retail Pricing Manager to align on strategic goals and priorities.
• Collaborate with underwriting, marketing, and claims teams to gather insights and refine pricing recommendations.
• Act as a point of contact for internal stakeholders regarding pricing updates, methodologies, and queries.

Regulatory and Compliance Oversight:

• Ensure pricing activities comply with all applicable regulations and internal policies.
• Support audits and prepare documentation for regulatory reporting as needed.

What you'll need:

• Strong analytical and data interpretation skills, with a solid grasp of statistical modelling and actuarial methods.
• Proficiency in pricing software and programming tools such as Excel, SQL, R, Python, or similar platforms.
• Proficiency in Radar or Emblem advantageous
• Excellent communication skills, both verbal and written, with the ability to present complex concepts to varied audiences.
• Strong project management and organisational abilities, with a capacity to handle multiple priorities effectively.
• Team leadership and mentoring capabilities to guide and develop analysts.
• Problem-solving skills and a proactive, solutions‑focused mindset.

Our Benefits

• Hybrid working – 2 days in the office and 3 days working from home
• 25 days annual leave, rising to 27 days over 2 years’ service and 30 days after 5 years’ service. Plus bank holidays!
• Discretionary annual bonus
• Pension scheme – 5% employee, 6% employer
• Flexible working – we will always consider applications for those who require less than the advertised hours
• Flexi-time
• Healthcare Cash Plan – claim cashback on a variety of everyday healthcare costs
• Electric vehicle – salary sacrifice scheme
• 100’s of exclusive retailer discounts
• Professional wellbeing, health & fitness app - Wrkit
• Enhanced parental leave, including time off for IVF appointments
• Religious bank holidays – if you don’t celebrate Christmas and Easter, you can use these annual leave days on other occasions throughout the year.
• Life Assurance - 4 times your salary
• 25% Car Insurance Discount
• 20% Travel Insurance Discount
• Cycle to Work Scheme
• Employee Referral Scheme
• Community support day