Pricing Director

4 weeks ago


Leeds, Leeds, United Kingdom PIB Group Full time
We are recruiting for a Pricing Director with proven leadership experience to join our passionate team.

Key Skills:
  • Demonstrate significant pricing experience, which has ideally been gained by working in commercial insurance.
  • Have a good understanding of the changing financial services market
  • Possess excellent communication and interpersonal skills
  • Be self-motivated and able work to your own initiative, as well as being an active team player
  • Have the ability to consistently achieve high standards of quality customer focus
Responsibilities:
  • Lead and develop a pricing function to providing pricing support including the deployment and management of pricing software
  • Providing pricing insights to the business offering your professional advice and support to senior management on a regular basis
  • Oversee pricing performance through underwriting committee and also lead the production of quarterly ultimate loss ratios
  • Stakeholder engagement: a senior management role as part of the leadership team of the MGU and leading pricing conversations in the wider business as well as with external partners including insurers, reinsurers, captives etc.
  • People development: Develop an inclusive pricing team, and be an advocate in creating an environment of success
  • Captive and alternative capacity solutions - play a key role in the development of a captive insurance company by supporting with financial projections, coverage design, experience monitoring and profitability analysis
  • Risk Pricing and Trading Corridor alignment - Work with the CUO and Portfolio directors to ensure price strength sits within a pre-agreed target range within a 3 year period including implementation of NB / Renewals price strength across the whole suite of Q products.
Qualifications/Experience Required:
  • Relevant Sector Experience - Significant experience in property and casualty, specialty lines is crucial
  • Pricing Experience - Demonstrated experience in pricing insurance products, including the development and implementation of new pricing strategies
  • Previous experience in leadership roles, such as managing teams of actuaries or analysts
  • Project Management - experience managing large, complex projects and cross-functional initiatives.
  • Highly collaborative and positive.
  • High personal integrity.
  • Resilient and able to work with ambiguity.
  • Insurance/Actuarial qualification or qualified by experience
  • Degree: A bachelor's degree in actuarial science, mathematics, statistics, economics, finance, or a related field.
Conduct Rules and Fitness Propriety:

Individual Conduct Rules:
  1. You must act with integrity.
  2. You must act with due skill, care and diligence.
  3. You must be open and cooperative with the FCA, the PRA and other regulators.
  4. You must pay due regard to the interests of customers and treat them fairly.
  5. You must observe proper standards of market conduct.
Compliance with the FCA Conduct Rules is required at all times and will be evidenced through annual performance reviews and through any interactions with the FCA.

All PIB Certified Function holders are expected to conduct themselves with integrity and professionalism, placing the customer at the centre of all we do and is central to our culture. As a Certified Function holder, you must adhere at all times to the FCA's Conduct Rules set out below.

Further information: -
As well as a competitive salary we offer the following benefits -
  • Competitive holiday allowance with the annual option to buy additional days
  • Death in Service benefit of x4 salary
  • Company pension scheme
  • Enhanced maternity and paternity leave packages
  • A flexible benefits package which allows you to add additional benefits to your overall package
  • Our benefits portal offers discounts on technology & electronics, cinemas, restaurants, days out, mortgage advice, travel and many more
  • Referral schemes
  • Discounted rates on PIB products
  • We offer a first-class employee benefits and welfare package to support our employees with financial management, cycle to work scheme, counselling support, health screening, will writing, menopause support, books, stopping smoking and much more
  • If supporting the local community, engaging with charities and having the opportunity to 'give something back' interests you, you have the opportunity to take an extra day to support this with a Volunteering day.
  • We also offer a wide range of discounts including a kids pass - giving you discount to over 4500 attractions and activities, discounts at hairdressers and beauticians, climate change projects with lots of other options to choose
  • PIB has a comprehensive learning & development framework, including professional study options and apprenticeships which are available to all employees, and which will support your career development
  • Being a part of our PIB Community Trust, we support fundraising where you can apply for grants from PIB Group towards your chosen charity
  • PIB Group are committed to improving their environmental impact in a responsible way. From the individual actions that our colleagues take every day through to installing the right facilities across our premises, there are many measures in place to help reduce PIB's carbon footprint.
We are proud of our success and growth and have been recognised for many industry awards across our business. If you wish to work for a company that truly puts people at the heart of their organisation, then we would love to hear from you. PIB operates a flexible working policy, and our management teams will talk to you about how that would meet both your flexible working needs and those of the business and role you are applying for. We would love to hear from you if you want to hear more about opportunities in PIB.

We are an equal opportunities employer, committed to hiring a diverse and inclusive workforce. We do not discriminate on the basis of race, colour, gender, religion, disability, age, sexual orientation or any other characteristic protected by law.
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