Head of Commercial Pricing

Zurich 56 Company Ltd; City Of London; On-site; GBP 60,000 - 90,000; Full time

Job summary

Zurich 56 Company Ltd is seeking an experienced Pricing Manager to lead its pricing team in London. The role involves overseeing pricing for several business segments while managing a team of actuaries, enhancing tools and processes for pricing efficiency. Candidates should possess strong industry knowledge, preferably with an actuarial background, to provide insights into the performance and implications for business strategy.

Benefits

12% non-contributory pension scheme

Annual company bonus

Private medical insurance

Up to 25 days holiday

Ability to buy/sell holidays

Paid volunteering days

Qualifications

• Experience in leading pricing teams.
• Strong knowledge of London market conditions.
• Ability to manage internal and external relationships.

Responsibilities

• Lead pricing/rating structure development and improve processes.
• Conduct risk transfer analysis and prepare actuarial analyses.
• Collaborate with underwriting and develop pricing strategies.

Skills

Leadership

Technical Pricing

Stakeholder Management

Education

Actuary Qualification

Job description

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Working hours: This role is available on a part-time, job-share or full-time basis.

Location: London

Closing date for applications: 16th July 2025

The opportunity:

Are you looking for a new challenge? Do you have a technical pricing background and experience leading a team? Do you thrive working in a fast-paced environment and taking ownership to deliver results? If so, we would love to hear from you!

We’re looking for an experienced Pricing Manager to lead a team with overall responsibility for the pricing of Specialties, Energy Marine & Construction, Property and Motor.

As the Pricing Manager, you’ll lead a team of around 20 staff providing support and advice to the Head of UK Pricing and the Line of Business Heads, including insights into underlying performance and implications for the business.

Many of our employees work flexibly in a variety of different ways, including part-time, flexible hours, job share, an element of working from home or compressed hours. This is because we want the best people for our roles, and we recognise that sometimes those people aren’t available full-time. Please talk to us at interview about the flexibility you may need.

What will you be doing?

As the Head of Commercial Pricing, some of your responsibilities include:

• Lead the development of pricing/rating structures, continuously improving tools and processes to build pricing capability – including data quality, model performance monitoring, rating tools and integration into underwriting processes
• Take a lead role in pricing accounts, performing risk transfer analysis, and reviewing collateral needs.
• Interact with external customers and clients through the pricing of large, complex products and individual accounts.
• As part of a wider underwriting team, develop strategies across lines of business to deliver business plans and support effective portfolio management through portfolio analysis, reinsurance strategy and ad-hoc deep dives
• Collaborate with and influence Market Facing and Product Underwriting on strategic portfolio and individual account pricing decisions.
• Coordinate, prepare and perform actuarial analyses including trend analyses, reinsurance analyses and analyses of loss and expense reserves, as it relates to pricing adequacy and strategic direction.
• Provide direction and technical expertise on actuarial models and risk issues.
• Interface with regulators and auditors on pricing issues.
• Remain current with regulatory/market conditions and apply this knowledge in pricing.

What are we looking for?

For this role, it would be great if you are a fully qualified Actuary with an actuarial pricing background and ideally, experience leading a team. We would expect you to have specific Pricing knowledge of multiple lines of business and a strong understanding of the London market.

Internal stakeholder management and external relationship management is critical to this role. Having the ability to build effective working relationships with our internal Specialities and Energy & Construction teams is essential.

What will you get in return?

Everyone’s different. That’s why at Zurich, we offer a wide range of employee benefits so our people can choose what fits them and their life. Our benefits provide real flexibility so our people can make considered choices and tailor their benefits throughout the year. Our benefits include 12% defined non-contributory pension scheme, annual company bonus, private medical insurance and the option to buy up to an additional 20 days or sell some of your holiday.

As an inclusive employer we want to ensure that all candidates feel comfortable and are able to perform at their best during the interview. You’ll have the opportunity to let us know of any reasonable adjustment or practical support needed when you apply.

Who we are:

At Zurich we aspire to be one of the most responsible and impactful businesses in the world and the best global insurer. Together we’re creating a brighter future for our customers, our people and our planet.

With over 55,000 employees in more than 170 countries, you’ll feel the support of being part of a strong and stable company who are a long-standing player in the insurance industry.

We’ve made a promise to each other and every employee; to focus on sustainable impact, to care about each other’s wellbeing, to use our diverse expertise to be curious and optimistic and to develop the skills needed for our future.

If you're interested in working in a dynamic and challenging environment for a company that recognises and rewards your creativity, initiatives and contributions - then Zurich could be just the place for you. Be part of something great.

Our Culture:

At Zurich, our sense of community is strong and we’re particularly passionate about diversity and inclusion, which we’ve won numerous awards for. We want our people to bring the whole of themselves to work and ensure everybody is made to feel welcome, regardless of their background, beliefs or culture. We want our employees to reflect the diversity of our customers, and so are committed to treating all of our applicants fairly and with respect, irrespective of their actual or assumed background, disability or any other protected characteristic.

We’ve an environment that places a real importance on our people’s wellbeing from a physical, mental, social and financial perspective. We work with our wellbeing partners and industry experts to provide the best advice and access to a wealth of lifestyle support. We’re also committed to continuous improvement and we offer access to a comprehensive range of training and development opportunities.

We’re passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity. Our charitable arm,Zurich Community Trust, is one of the longest-established corporate trusts in the UK. In that time, we’ve awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.

So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.

The financials

• 12% defined non-contributory pension scheme.
• Annual company bonus.
• Income Protection.
• Life cover - four times your salary.

Time away

• 25 days holiday a year plus bank holidays.
• You can also request to swap UK bank holidays for days off that have cultural or religious significance to you.
• The option to buy up to an additional 20 days or sell some of your holiday.
• Three days paid volunteering.
• Up to 16 weeks' full pay for maternity, paternity and adoption leave.

Your health is important to us

• Access to Private medical insurance.
• Virtual GP appointments.
• Discounted gym membership.
• Free flu jab.
• Access to a wealth of support from our wellbeing partners.

We're making a difference

• Creating a brighter, more sustainable future underpins all that we do here in Zurich. We were the first insurer to sign the ‘UN Business Ambition for 1.5˚C’ pledge.
• Our charitable arm, Zurich Community Trust, has awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.