Pricing Model Developer

2 days ago


Peterborough, Peterborough, United Kingdom CV Library Full time

Job Title: Pricing Model Developer

Location: Peterborough (flexible hybrid working)

About the Role

We are seeking an experienced Pricing Model Developer to create and implement retail pricing models that drive business growth through incremental lifetime value.

As a key member of our team, you will be responsible for developing and maintaining pricing pipelines, leveraging advanced data science techniques to enhance model accuracy, and collaborating with cross-functional teams to integrate pricing insights into business decisions.

Key Responsibilities
  1. Create end-to-end production pricing models using tailor-made pipelines
  2. Leverage Earnix to build predictive statistical models and optimise customer prices
  3. Contribute to process improvements to increase pricing performance and efficiency
  4. Develop and lead research opportunities to innovate and improve current modelling methodologies
  5. Evaluate and utilise tools created by data science teams
  6. Ensure all activity is compliant with pricing governance and follows established controls
  7. Work closely with Commercial Pricing Team to ensure pricing models meet business objectives
About You:
  • Graduate or postgraduate degree in Statistics, Mathematics, or analytical subject
  • Experience in pricing or actuarial role within general insurance
  • Experience with price optimisation tools (Earnix/Radar)
  • Familiarity with R or Python software packages
  • Proven ability to deliver commercial value through pricing insight
  • Strong people management skills
Salary Range:

£60,000 - £80,000 per annum, depending on experience.


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