Pricing Manager
1 month ago
About the Role
Markerstudy Group is seeking a skilled Pricing Manager to join its rapidly growing pricing department. As a key member of the team, you will be responsible for the pricing of multiple motor and home products, leveraging advanced data science techniques to drive business growth and improvement.
Key Responsibilities
- Maintain and improve the pricing process to meet business requirements, including the development of market-leading behavioural modelling using a combination of traditional and data science techniques.
- Improve sophistication within the optimisation of Markerstudy's direct brands.
- Support delivery of pricing and underwriting business plans across Motor and Home portfolios.
- Support the development of new product offerings.
- Advance the adoption of the latest data science and statistical techniques across pricing and underwriting.
- Research and leverage new and existing data sources, capturing and explaining trends with innovative data features.
- Clearly communicate results and proposed actions to key decision makers across the business.
- Champion and facilitate automation of reporting, data pipelines, and quality assurance.
- Manage, coach, and mentor team members, driving a culture of development and excellence across the team.
- Collaborate with peers in pricing, underwriting, and data science.
Requirements
- Experience managing general insurance products and/or pricing teams, including knowledge of current trends and issues in motor or home pricing.
- Experience with predictive modelling techniques, including Logistic Regression, GBMs, Elastic Net GLMs, GAMs, Decision Trees, Random Forests, Neural Nets, and Clustering.
- Experience in statistical and data science programming languages, such as R, Python, PySpark, SAS, and SQL.
- A good quantitative degree, such as Mathematics, Statistics, Engineering, Physics, Computer Science, or Actuarial Science.
- Experience with WTW's Radar software is preferred.
- Proficient at communicating results in a concise manner, both verbally and written.
About Us
Markerstudy Group is a leading provider of private insurance in the UK, insuring around 5% of private cars on the UK roads, % of commercial vehicles, and over % of motorcycles. We have a large and growing direct presence in the market and are committed to innovation and excellence in pricing and underwriting.
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