Pricing Strategy Manager

3 weeks ago


Liverpool, Liverpool, United Kingdom PIB Group Full time

Position Overview:

We are seeking a Pricing Strategy Manager to lead our dynamic pricing team at PIB Group. This role requires a strong leader with extensive experience in pricing strategies within the commercial insurance sector.

Key Competencies:

  • Proven expertise in pricing methodologies, ideally acquired in the commercial insurance landscape.
  • Solid understanding of the evolving financial services environment.
  • Exceptional communication and interpersonal abilities.
  • Self-driven with the capacity to work independently while also being a collaborative team member.
  • Ability to maintain high standards of customer service and quality.

Main Responsibilities:

  • Lead and enhance the pricing department, ensuring effective deployment and management of pricing software.
  • Provide strategic pricing insights to the organization, offering professional guidance to senior leadership regularly.
  • Monitor pricing performance through underwriting committees and spearhead the generation of quarterly ultimate loss ratios.
  • Engage with stakeholders, serving as a senior management representative in pricing discussions both internally and with external partners, including insurers and reinsurers.
  • Foster team development, creating an inclusive environment that promotes success.
  • Contribute to the establishment of a captive insurance entity by assisting with financial forecasts, coverage design, and profitability assessments.
  • Collaborate with the Chief Underwriting Officer and Portfolio Directors to ensure pricing strategies align with pre-established targets over a three-year horizon.

Qualifications and Experience:

  • Extensive experience in property and casualty insurance, particularly in specialty lines.
  • Demonstrated success in pricing insurance products, including the formulation and execution of innovative pricing strategies.
  • Previous leadership experience managing teams of actuaries or analysts.
  • Experience in overseeing large-scale projects and cross-departmental initiatives.
  • Highly collaborative with a positive outlook.
  • Strong integrity and resilience in navigating ambiguity.
  • Insurance or actuarial qualifications, or equivalent experience.
  • A bachelor's degree in actuarial science, mathematics, statistics, economics, finance, or a related discipline.

Conduct and Compliance:

All employees are expected to uphold the highest standards of integrity and professionalism, ensuring compliance with regulatory requirements and prioritizing customer interests.

Benefits:

  • Competitive holiday allowance with the option to purchase additional days.
  • Death in Service benefit of four times the salary.
  • Company pension scheme.
  • Enhanced maternity and paternity leave packages.
  • A flexible benefits package to customize your overall compensation.
  • Access to discounts on various services and products.
  • Support for community engagement and charitable activities.
  • Comprehensive learning and development opportunities, including professional study options.
  • Commitment to environmental sustainability and reducing our carbon footprint.


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