Key responsibilities:
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As the Senior Pricing Manager, you will leverage data analysis to build price optimization models that deliver target volumes and profitability while guaranteeing customer value.
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You will monitor the performance of your models through a set of pricing dashboards and provide actionable insight to empower the further refinement and improvements.
What will you be doing?
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Guiding the development and implementation of pricing strategies for motor or home.
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Developing in-depth knowledge of the motor or home market.
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Manage the development and maintenance of models that allow for accurate optimization across specified time horizons.
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Specify reporting that will enable careful monitoring of the business and its performance in the market.
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Accountable for monitoring pricing performance to identify strengths, weaknesses, opportunities, and threats and responding as needed.
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Be responsible for developing the Pricing Analyst, both on technical skills and business knowledge.
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Accountable for maintaining compliance with all relevant regulations.
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Managing the specification of monitoring and controls that will ensure continued compliance with all relevant regulations
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Providing a range of pricing options for consideration to Pricing Lead with suggested recommendations, with a particular focus on generating insights and value from our proprietary retail data.
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Deputise for the Pricing Lead as required.
Essential skills you’ll need:
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Suitable numerate degree or equivalent experience
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Experience of motor and home street pricing
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Experience using Earnix Price-It or another similar solution (e.g. Willis towers Watson, Radar).
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Good knowledge of general insurance principles, products, and practices
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Experience building predictive models for general insurance
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Good knowledge of relevant regulations especially GIPP and Consumer Duty
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Good business judgement; an ability to solve complex issues with pragmatic solutions.
Desirable skills you’ll have:
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Machine learning/Data science experience.
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Experience with CDL strata, kingfisher, hummingbird, Goldfinch and RTP.
Additional information:
Salary - The expected salary for this role is up to £91,200
Flexible working - We know flexible working is important to you, and it is important to us too. The Partnership has adopted a blended working approach meaning you'll be able to work a mixture between the office and home based upon your personal needs whilst balancing the needs of the business.
Next Steps:
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The application form consists of a CV upload followed by application questions. Please ensure you refresh the page each time you complete a task to ensure you complete everything that you need to in time. (If internal, check your Workday notifications and see further guidance on the PDW under "Internal application process").
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Once you've submitted an application the next steps of the process, if successful, are likely to include a 1 stage face to face interview.
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