Pricing Manager and Principal Pricing Analyst

Vermelo RPO; London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance provider in the UK is seeking a Pricing Manager / Principal Pricing Analyst to lead and mentor a team of analysts in delivering effective pricing solutions. The role requires expertise in managing insurance products and strategic pricing, with opportunities for remote working. Candidates should have a quantitative degree and experience in predictive modelling and stakeholder management. The company offers a collaborative work environment and a comprehensive benefits package.

Benefits

Private medical health care plan

28 days annual leave plus Bank Holidays

Life Assurance 4x annual salary

Vibrant, modern offices

Qualifications

• Experience mentoring or managing pricing teams.
• Experience managing general insurance products, including knowledge of current trends and issues.
• Experience with predictive modelling techniques.
• Experience in statistical and data science programming languages.

Responsibilities

• Responsible for mentoring or leading a team of analysts.
• Deliver pricing solutions that support and influence strategic goals.
• Manage relationships with key stakeholders around the business.

Skills

Mentoring or managing pricing teams

Managing general insurance products

Strong commercial acumen

Strong communication skills

Predictive modelling techniques

Statistical and data science programming languages

WTW's Radar, Emblem, or Earnix software

Quantitative degree or qualified by experience

Understanding of retail pricing optimisation

Education

Quantitative degree (Mathematics, Statistics, Engineering, Physics, Computer Science, Actuarial Science)

Job description

Pricing Manager / Principal Pricing Analyst

Locations available: Peterborough, Manchester, Stoke-On-Trent or London (flexible hybrid working)

We have offices based in the above locations, however, we are open to largely remote working with the occasional travel to an office.

We re looking for talented individuals at multiple levels (Principal Analyst and Pricing Manager) to join a fast-paced, innovative environment who are leaders in the insurance industry.

Role purpose

Responsible for mentoring or leading a team of analysts to develop and deliver pricing solutions that support and influence the company s strategic goals.

This includes team leadership, strategic input and process management. The role combines technical expertise with people management and cross-functional collaboration.

Key Responsibilities:

• Strategic input into pricing solutions.
• Effective management of pricing processes.
• Combine pricing expertise and commercial acumen to deliver outcomes which optimise the P&L.
• Ensure all activity is compliant with pricing governance and follows established controls.
• Work closely with the Modelling & Optimisation Pricing Team to ensure pricing models/approaches meet business objectives.
• Manage relationships with key stakeholders around the business.
• Manage, mentor and coach more junior members of the team.

Key Skills, Knowledge and Experience required:

• Experience mentoring or managing pricing teams.
• Experience managing general insurance products, including knowledge of current trends and issues.
• Strong commercial acumen
• Strong communication skills across a variety of audiences
• Experience with predictive modelling techniques
• Experience in statistical and data science programming languages
• Exposure to or expertise in WTW s Radar, Emblem software or Earnix software.
• A quantitative degree (Mathematics, Statistics, Engineering, Physics, Computer Science, Actuarial Science) or qualified by experience
• Strong understanding of retail pricing optimisation and concepts (advantageous, but not essential)

What we offer in return?

• A collaborative and fast paced work environment
• Private medical health care plan
• 28 days annual leave plus of Bank Holidays and the ability to buy additional leave
• Life Assurance 4x annual salary
• Vibrant, modern offices

About the business:

Markerstudy is a leading provider of private insurance in the UK, insuring around 5% of the private cars on the UK roads, 20% of commercial vehicles and over 30% of motorcycles in total premium levels of circa £1.2b. Markerstudy also has a large and growing direct presence in the market as well.

Having acquired and successfully integrated Co-op Insurance Services in 2021, BGLi in 2022 & Atlanta in 2024. Markerstudy are now pursuing innovative pricing techniques, taking advantage of an award-winning insurer hosted rating platform, whilst challenging existing embedded processes.