Head of Technical Pricing

2 days ago


England, United Kingdom MDSCO Limited Full time

Head of Technical Pricing

Are you looking to make your mark within a growing MGA where you will be part of shaping our strategic direction? While our company is new to the market, our reputation and trading name is not. We have been an established Personal Lines MGA for many years, focusing on providing niche Property and Motor propositions for our brokers and customers. We are now recruiting for a Head of Technical Pricing as we look to continue to develop our products. By joining our team and choosing to advance your career with us, we promise to invest in you and support your personal development. We want you to be part of the journey we are on and part of our family.



About the Role

The Head of Technical Pricing will lead the development and execution of our technical pricing strategy, helping us to achieve our long-term business objectives whilst ensuring we provide value to our customers and meet the financial requirements of our insurer partners.


How will you do this?

You will be responsible for the continuous management and development of our technical pricing/burn cost models, including for new propositions, and will be a part of the senior team managing our portfolios to ensure we deliver profitable results for our insurer partners in line with target loss ratios.


You will develop a technical pricing plan and strategy, which will include identifying, testing and sponsoring new innovations. You will keenly track the past and project the future underwriting performance of the portfolios providing valuable insight and commentary internally and externally. You will play an important role (as part of the management team) in recommending short term and long-term pricing changes and the consideration and deployment of new opportunities. Interaction with our insurers is also a key part of the role, both in terms of discussing past performance and shaping the future of our partnerships.


About You

  • Dedicated to analytical excellence with a proven track record of using statistical technical modelling techniques
  • Extensive experience using market pricing software
  • Strong experience in contributing to the underwriting performance management of a Personal Lines portfolio
  • Proven history of delivering and reporting on portfolio performance through technical modelling insights
  • Expert communicator effectively building trusting relationships by understanding and meeting expectations of key internal and external stakeholders
  • Considerable experience of working in the insurance industry
  • Constantly developing your knowledge and skills and keeping up to date with emerging data and pricing techniques, legal and market developments.


This is a real opportunity to make this role your own in a company whose aim is to be the best within their chosen market.


Join us and be part of an amazing opportunity

We are a new to market company but bring with us a wealth of experience and knowledge. We are proud of our brand which is well known and growing within the personal lines area with a focus on niche products.


Further Benefits of Joining us are

  • Flexible with a good work life balance - flexibility to suit you.
  • Competitive salary
  • Life Assurance at x4 of your base salary
  • Generous Annual Leave entitlement (and the option to buy or sell up to 5 days per year)
  • Group Income Protection of up to 50% of your salary
  • Health Cash Plan
  • Employer pension contribution of 6% (providing you, the Employee provides 2%)


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