Market Pricing Manager

About the Opportunity

This is an exciting opportunity to join our wider Underwriting team, as our new Market Pricing Manager, you'll be a key figure in driving the evolution and growth of ManyPets, you'll support and innovate processes across our UK Pet insurance book.

In this role you'll use your deep expertise in Market Pricing and pricing optimisation to support our Pricing strategy by monitoring and analysing market trends and making the best of your unique skill set across Market Pricing, and loss ratio analysis to deliver actionable insight to the business. You'll be at the heart of the Underwriting team, reporting to our Head of Pricing and building strong relationships in Underwriting, Actuarial, Finance and Marketing teams.

You'll be working mostly from home with occasional travel to London office.

Please note: This role is categorised as an Insurance Distribution role by the Financial Conduct Authority.

Your Focus

• Work closely with our Head of Pricing to deliver pricing strategy, deputising where needed.
• Lead the development and refinement of pricing strategy in collaboration with the Head of Pricing, providing leadership and guidance to the pricing team.
• Own Market Pricing activities, build our demand, elasticity, and Market Pricing models and own and develop our pricing optimisation framework.
• Manage and develop our lifetime value modelling and multi-year price optimisation models and strategic approach.
• Monitor market trends and extract insight on competitor benchmarking to make rate recommendations.
• Build a strong relationship with marketing and keep the business informed of our competitive position and conversion performance in our trading meetings.
• Work closely with our deployment lead to drive innovation in rating and ensure timely delivery of rate changes.
• You'll communicate results effectively to realise business gains from valuable insight and present rate recommendations to senior stakeholders, external parties, and pricing committees.
• Support and peer review junior analysts with line management responsibility for one pricing analyst.

What Leads to Success

Here are some of the individual skills we know will enable you to succeed in this position. If you don't tick every box - don't worry, as we can support you in both your personal and professional development:

• You bring high accuracy, quality, and attention to detail in everything you do.
• You're able to work and learn quickly in a fast-paced and often changeable environment.
• You're detail focused, analytical, and able to communicate outputs clearly and simply.
• You build collaborative relationships and demonstrate the ability to influence across the business - you make change happen by working well with others.
• You're a customer-centric and can view what you do through customer's eyes - while remaining commercially astute.
• Your colleagues know you as being a clear communicator, and someone who can present persuasively and explain why something is important.
• You're curious - you like to keep up to date with technical developments in the insurance industry.

What We're Looking For

• Ideally, you'll already be a Pricing Manager or experienced senior analyst with technical pricing skills looking to step up.
• You have strong commercial experience in a pricing role, preferably direct or aggregator-led personal lines insurance.
• You'll be an expert in technical modelling and pricing optimisation.
• You're up to date with technical developments in the insurance industry and best practice in actuarial methods.
• You're a confident user of tools, systems, and languages such as Excel, SAS, R, Python, Earnix, Radar, EMBLem, Akur8 and similar.
• Owing to the nature of the role, we will need you to have a degree-level qualification (or equivalent) in Mathematics, Science, Engineering, or a related degree, with a minimum of a 2:1 classification.