Pricing Product Manager

Markerstudy Ltd; Manchester; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance company in Manchester is seeking an experienced Pricing Product Manager to lead the development and optimisation of pricing capabilities. You will maintain the product backlog, define user stories, and collaborate with underwriting, data science, and technical teams. The ideal candidate has a solid background in insurance, particularly in pricing or underwriting, and is skilled in agile product delivery. This role offers a competitive benefits package and opportunities for professional growth.

Benefits

Private medical health care plan

24 days annual leave plus Bank Holidays

Life Assurance 4x annual salary

Discounts and cashback on various services

Qualifications

• Proven experience as a Product Owner in insurance, particularly in pricing or underwriting.
• Deep understanding of agile product delivery and backlog grooming.
• Strong collaboration skills with data and software engineering teams.

Responsibilities

• Own and maintain the product backlog for pricing initiatives.
• Define user stories and acceptance criteria for product development.
• Act as the liaison between business and technical teams.

Skills

Product ownership experience

Agile product delivery

Collaboration with data teams

Stakeholder engagement

Knowledge of pricing tools

Ability to articulate technical terms

Education

Product Owner certification (CSPO, SAFe POPM)

Tools

Jira

Confluence

Job description

We are seeking an experienced Pricing Product Manager to lead the development and optimisation of our pricing and underwriting capabilities. You'll translate business objectives into product backlogs and work closely with pricing, underwriting, data science, and technical teams to deliver iterative, high-impact solutions. This role is critical to shaping how we understand and develop our people and technology capabilities, from pricing risks, looking at automation opportunities, and improving customer experience through data‑led decisions and frictionless trading.

Responsibilities

• Own and maintain the product backlog for pricing capability initiatives, aligned with the Trading Transformation deliverables.
• Define clear user stories, acceptance criteria, and prioritisation based on business value and technical feasibility.
• Act as the voice of the business and end‑user, bridging underwriting, pricing, and technology teams.
• Work closely with Scrum Masters and development teams to ensure sprint goals are well‑defined and achievable.
• Partner with Underwriters, Actuaries, Data Scientists, and other stakeholders to gather requirements and define features.
• Assist with the development of pricing models, underwriting workflows, and self‑service tools for internal users or relevant business partners.
• Use market insight, data, and feedback loops to drive continuous improvement.
• Ensure product deliverables align with regulatory standards, risk appetite, and strategic underwriting objectives.
• Monitor KPIs such as quote accuracy, time‑to‑underwrite, conversion rates, and pricing model performance.

Qualifications

• Proven experience as a Product Owner (or similar change delivery focused role) in insurance, ideally within pricing or underwriting.
• Deep understanding of agile product delivery, backlog grooming, and stakeholder engagement.
• Ability to articulate pricing or underwriting logic in business and technical terms.
• Strong collaboration skills working with data, actuarial, and software engineering teams.
• Experience with Jira, Confluence, or similar tools.
• Knowledge of insurance pricing tools such as Radar, Earnix or custom pricing APIs (advantageous).
• Familiarity with personal/commercial lines underwriting workflows or automation platforms (advantageous).
• Product Owner certification (e.g., CSPO, SAFe POPM) is preferred.

Markerstudy Insurance Services Limited (MISL) is one of the largest Managing General Agents in the UK. With a strong presence in the UK motor insurance market, we specialise in niche motor cover, where our solid market knowledge and experience enables us to create highly targeted products. Our success is underpinned by our underwriting strategy to identify and apply special risk factors to the customers' advantage. That, and our skilled underwriting technicians who are friendly, accessible and empowered to make decisions. We only transact business through professional UK insurance intermediaries and we take pride in fostering excellent working relationships. Our products feature prominently on Aggregators' sites, such as Confused.com, Go Compare and Compare the Market, via our broker partners.

Benefits

• A collaborative and fast paced work environment
• Private medical health care plan
• 24 days annual leave plus Bank Holidays and the ability to buy additional leave (annual leave also increases with service)
• A benefit scheme that offers discounts and cashback on shopping, restaurants, travel and more
• Life Assurance 4x annual salary