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Head of Retail Pricing Strategist

2 months ago

Haywards Heath, West Sussex, United Kingdom Vermelo RPO Full time
Job Title: Head of Retail Pricing

Location: Flexible

Job Overview

Vermelo RPO is seeking a seasoned professional to lead our retail pricing team and drive the implementation of our pricing strategy for business underwritten by the Group.

About the Role
  • Lead the retail pricing team to deliver pricing that aligns with the company's strategy and risk appetite.
  • Engage with the underwriting, risk pricing, and data science teams to collaborate on delivering rates.
  • Ensure alignment of end-to-end pricing with Markerstudy Distribution.
  • Own the behavioural modelling, scenario testing, and price optimisation environment.
  • Build and mentor a team of 15-20 pricing analysts/managers, leading by example.
Key Responsibilities
  • Implement, test, and monitor rate delivery.
  • Monitor trading and the quality of retail modelling.
  • Maintain the behavioural and market models.
  • Engage with underwriting and deliver scenario testing analysis.
  • Own the optimisation environment and implement the company's pricing strategy.
Requirements
  • Ph.D. or Masters in statistics, actuarial science, data science, or equivalent field.
  • 12+ years' experience within personal lines insurance pricing.
  • Experience managing pricing processes and teams.
  • Experience and detailed technical knowledge of predictive modelling, data science, and price optimisation techniques.
  • Experience with pricing tools and rating engines (e.g. Radar/Emblem, Earnix).
Behaviours
  • Motivated by technical excellence.
  • Team player.
  • Self-motivated with a drive to learn and develop.
  • Logical thinker with a professional and positive attitude.
  • Passion to innovate and improve processes.