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Market Pricing Manager

Ageas

Salary From:

£60,000.00

Permanent

Bournemouth

Fantastic opportunity to join our Market Pricing team as a Pricing Manager, assisting to plan and deliver pricing related projects to deadline and quality standards. You will directly influence the future growth of the business, with key deliverables to increase conversion, retention and overall company income and profitability. You will work closely with cross-functional teams across all products to develop and implement optimisation models, analyse market trends, and make data-driven decisions to ensure our pricing strategies align with our business objectives. 


The role will involve the management of detailed analysis of data using sophisticated machine learning and statistical techniques within price optimisation to recommend pricing actions which increase volume, income and profit. In addition, the Pricing Manager will build pricing capability and core skills within the business, as well as influence the strategic direction of retail pricing in the wider Ageas UK Group. 


Main Responsibilities as Market Pricing Manager: 

  • Management, development and coaching of Lead, Senior and Pricing Analysts (circa team of 5). 

  • Monitoring and management of trading position to ensure targets are met. 

  • Oversight and approval of the maintenance and application of models of customer and market behaviour; incorporating machine learning into behavioural models; enabling the exploration of new techniques to improve models. 

  • Compiling and ensuring the timely delivery of recommendations for trading forums; discussing propositions with senior stakeholders. 

  • Develop a balanced view of current and future pricing performance by combining MI, modelling results and company targets. 


Skills and experience you need as Market Pricing Manager: 

  • Educated to degree level or equivalent in a numerical discipline or qualified by experience. 

  • Extensive experience in insurance pricing or related analytical background. 

  • Detailed knowledge or experience of price optimisation. 

  • Experience in using Emblem, Radar, Databricks or industry equivalent. 

  • Experience of dealing with and influencing colleagues at all levels up to, and including, senior management and directors.

analytics, coaching, data, databricks, emblem, machine learning, modelling, pricing, radar, statistical

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