Technical Pricing Manager

The Emerald Group Ltd, Search and Selection; Remote; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance firm seeks a Technical Pricing Manager to operate remotely from the UK. The role involves creating statistical risk models for products like Private Car and Household insurance. Candidates should have experience in actuarial pricing or statistical modelling, along with knowledge of data science in Python or R. The position demands strong interaction with senior stakeholders and managing pricing analysts to develop effective pricing strategies. The ideal candidate possesses a numerate degree and expertise in actuarial methods.

Qualifications

• Experience in actuarial pricing or statistical modelling within a regulated industry.
• Specialist in statistical analysis software, preferably Willis Towers Watson.
• Ability to inform decisions on pricing models and profitability.

Responsibilities

• Create robust actuarial models and interpret results for innovative pricing.
• Assist in producing ad-hoc actuarial and statistical analyses.
• Produce reports to communicate statistical models to stakeholders.

Skills

Actuarial pricing or statistical modelling

Data science techniques in Python or R

Statistical analysis software knowledge

Understanding pricing and underwriting principles

Ability to present complex concepts

Education

2.1 or above degree in a numerate discipline

Tools

Willis Towers Watson (Emblem, Radar)

Job description

JOB DESCRIPTION

POSITION : Technical Pricing Manager

LOCATION : Remote (UK Based)

The Technical Pricing Manager will be responsible for the production of specialist statistical risk models for their insurance products including Private Car, Van, Bike and Household.

This exciting role as Technical Pricing Manager offers the opportunity to explore and use new technologies and be involved in delivering strategic change such as improving the sophistication of models and deploying the latest data science techniques to generate profitable business growth. The Technical Pricing Manager will manage projects, assist in guiding data preparation, performing and reviewing actuarial modelling and interpreting results that drives high impact and, intelligent pricing solutions – all of which will help drive their competitive positioning.

The ideal Technical Pricing Manager must be commercially focussed to work in partnership with senior stakeholders for them to make better informed decisions when it comes to setting pricing rates. As a technical expert in your field, the Technical Pricing Manager will manage and develop pricing analysts to turn data into information that ultimately drives a truly value based pricing proposition.

Main Responsibilities as Technical Pricing Manager :

• Creating complex, robust actuarial models and interpreting the results to deliver high impact, innovative pricing
• Assisting in the production of ad-hoc actuarial and statistical analyses, working with stakeholders across the company to solve a wide range of business problems
• Producing reports, documentation, and presentations to communicate statistical models and results to key stakeholders
• Identifying opportunities to challenge and improve existing methodologies, deploying new analytical techniques that deliver new insights and tangible operational improvements

Skills and experience you need as Technical Pricing Manager :

• Experience of Actuarial pricing or statistical modelling, preferably within a regulated, multi-divisional industry
• Experience of data science techniques in Python or R
• Specialist knowledge in statistical analysis software – Willis Towers Watson (Emblem, Radar) is highly advantageous
• 2.1 or above degree in a numerate discipline : for example, but not limited to, Mathematics, Statistics, Engineering, Physics, Computer Science or Actuarial Science
• Expertise in understanding pricing and underwriting principles ideally within personal or commercial lines on a large business scale
• Making decisions about the production and maintenance of pricing models and evaluate and identify the profitability and price position of new and existing product propositions
• Previous experience of working in partnership with teams and senior stakeholders in order to influence, gain buy in and share knowledge with particular emphasis on being able to present difficult concepts clearly

If you are interested please apply with your updated Cv.