Pricing Innovations Manager

3 days ago


Cambridgeshire and Peterborough, United Kingdom Vermelo RPO Full time

**Job Title:** Technical Pricing Manager

**Location:** Peterborough (flexible hybrid working)

**About the Role:

We are seeking an experienced Technical Pricing Manager to drive incremental lifetime value through the delivery and development of retail pricing models and optimisations.

The successful candidate will be responsible for improving the pricing process, enhancing team abilities, and integrating advanced data science and statistical techniques to enhance pricing model accuracy.

Key Responsibilities:

  • End-to-end production of pricing models using a tailor-made pricing pipeline
  • Utilising Earnix to build predictive statistical models and intelligently optimise customer prices
  • Contributing to improvements in the pricing process to increase pricing performance and efficiency
  • Leading research and development opportunities to innovate and improve current modelling and pricing methodologies
  • Evaluating and utilising tools and data items created by the data science teams
  • Ensuring all activity is compliant with pricing governance and follows established controls
  • Working closely with the Commercial Pricing Team to ensure pricing models meet business objectives, and managing relationships with key stakeholders around the business

About You:

  • A highly numerate individual with a graduate or postgraduate degree in Statistics, Mathematics, or another analytical subject
  • Experience in a pricing or actuarial role within general insurance
  • Experience with price optimisation tools (Earnix/Radar)
  • Experience using and implementing advanced machine learning methods
  • Ability to communicate complicated statistical concepts to an informed but non-technical audience
  • Experience with using software packages such as R or Python to solve problems
  • Proven ability to deliver commercial value through pricing insight
  • Proven ability to provide commercial uplift from research and development projects
  • Strong people management skills

Salary Range: £65,000 - £90,000 per annum



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