Pricing Model Developer
2 days ago
Job Title: Pricing Model Developer
Location: Peterborough (flexible hybrid working)
About the RoleWe 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- Create end-to-end production pricing models using tailor-made pipelines
- Leverage Earnix to build predictive statistical models and optimise customer prices
- Contribute to process improvements to increase pricing performance and efficiency
- Develop and lead research opportunities to innovate and improve current modelling methodologies
- Evaluate and utilise tools created by data science teams
- Ensure all activity is compliant with pricing governance and follows established controls
- Work closely with Commercial Pricing Team to ensure pricing models meet business objectives
- 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
£60,000 - £80,000 per annum, depending on experience.
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