Pricing Manager

The Emerald Group Ltd, Search and Selection; Greater London; Hybrid; GBP 65,000 - 90,000; Full time

Job summary

The Emerald Group Ltd, Search and Selection is seeking a Pricing Manager to drive pricing strategy and optimisation within a dynamic underwriting environment in London. You will monitor market trends, build pricing models, and collaborate across Underwriting, Actuarial, Finance and Marketing to deliver actionable insights.

Ideal candidates will have strong pricing experience in personal lines insurance, expertise in predictive modelling, and familiarity with tools like Python, SQL, Earnix or

Qualifications

• Pricing, market pricing, and price optimisation experience.
• Direct or aggregator-led personal lines insurance pricing experience preferred.
• Expertise in predictive modelling and price optimisation, including AI/machine learning techniques.
• Knowledge of actuarial methods and insurance pricing best practices.

Responsibilities

• Deliver pricing strategy in collaboration with Head of Pricing; deputise as needed.
• Lead development and refinement of pricing strategy; mentor pricing team.
• Own market pricing activities; develop demand and elasticity models and pricing framework.
• Contribute to lifespan value modelling and multi-year price optimisation.
• Monitor market trends; provide competitor benchmarking insights for rate recommendations.
• Collaborate with marketing; communicate competitive position and trading performance.

Skills

Pricing strategy

Market pricing

Predictive modelling

Python

SQL

Earnix

Radar

Machine learning

Education

Mathematics/Science/Engineering degree (2:1)

Tools

Earnix

Radar

Job description

LOCATION: London/ flexible hybrid working

About the Opportunity

This is an exciting opportunity to join our client's wider Underwriting team, as their new Pricing Manager, you'll be a key figure in driving the evolution and growth, you'll support and innovate processes.

In this role you'll use your deep expertise in market pricing and pricing optimisation to support their Pricing strategy by monitoring and analysing market trends and making the best of your unique skill set across market pricing, and loss ratio analysis to deliver actionable insight to the business.

You'll be at the heart of the Underwriting team, reporting to their Head of Pricing and building strong relationships in Underwriting, Actuarial, Finance and Marketing teams.

Your Focus

• Work closely with their Head of Pricing to deliver pricing strategy, deputising where needed
• Lead the development and refinement of pricing strategy in collaboration with the Head of Pricing, providing leadership and guidance to the pricing team
• Own market pricing activities including development of their demand, elasticity, and market pricing models and own and develop their pricing optimisation framework
• Providing inputs into the management and development of their lifetime value modelling and multi-year price optimisation models and strategic approach
• Monitor market trends and extract insight on competitor benchmarking to make rate recommendations
• Build a strong relationship with marketing and keep the business informed of their competitive position and conversion performance in their trading meetings

What they're Looking For

• Ideally, you'll already be a Pricing Manager or experienced senior analyst with technical pricing skills looking to step up
• You have strong commercial experience in a pricing role, preferably direct or aggregator-led personal lines insurance
• You'll be an expert in predictive modelling and price optimisation with exposure to the latest emerging techniques in these domains such as machine learning and AI
• You're up to date with technical developments in the insurance industry and best practice in actuarial methods
• You're a confident user of pricing tools, systems, and languages such as Python, SQL, Earnix, Radar or similar
• Owing to the nature of the role, they will need you to have a degree-level qualification (or equivalent) in Mathematics, Science, Engineering, or a related degree, with a minimum of a 2:1 classification