Pricing Compliance Manager

Pricing Compliance Manager- Salary £42,000 - £48,000

Are you an expert in pricing and creating pricing algorithms through pricing systems? If the answer is YES, we need you to lead on a key Personal Lines business priority, to put customers at the heart of pricing and ensure that we meet our regulatory expectations.

This excellent opportunity will give you the opportunity to be at the forefront of pricing creation best practice with oversight across multiple channels!

A bit about the job:

You will be responsible for creation and utilisation of best practice, and quality assessment of our Pricing deliveries, which will support, direct and evidence the ways in which Personal Lines Underwriting embeds conduct and compliance within the many and varied activities carried out in the function. It will also be a key requirement to work with teams across the functions to ensure all critical issues are rectified prior to delivery and drive an environment of continuous improvement in best practice and simplification.

Reporting to the Underwriting Conduct and Compliance Senior Manager, this position will support the delivery and oversight of a robust framework and quality assessment within Personal Lines Underwriting, which will ensure that change is independently tested and that the appropriate conduct and compliance measures, processes and controls are embedded across the function. This role will be critical to ensuring that Personal Lines Underwriting can successfully support the ambitions of our Personal Lines business and will ensure that we are meeting the needs and expectations of customers and regulators.

In summary, the successful candidate will be expected to:

• Take Accountability to approve deployment of pricing change.
• Develop best practice pricing solutions in to ensure appropriate customer and conduct outcomes.
• Undertake assessment of Pricing deliveries to ensure compliance with regulation and internal best practice, proposing and escalating remedial actions as appropriate.
• Support existing processes and controls as necessary and supporting execution.

Skills and experience we’re looking for:

• Pricing expertise and creation of pricing algorithms
• A strong understanding of risk and governance in a commercial setting
• A good knowledge of relevant regulation and legislation (eg: GIPP, GDPR, Consumer Duty)
• Good understanding of UK general insurance market
• Ability to negotiate and influence others partnered with good business acumen, commercial and customer focus

What you’ll get for this role:

Our purpose - with you today, for a better tomorrow - is a promise we make to our colleagues too. And one of the ways we live up to that promise is by investing in you. We have so much to offer when it comes to being an Aviva colleague.

• Starting salary between £42,000 and £48,000 (depending on location, skills, experience, and qualifications)
• Bonus opportunity - 10% of annual salary Actual amount depends on your performance and Aviva’s.
• Generous pension scheme - Aviva will contribute up to 14%, depending on what you put in.
• 29 days holiday plus bank holidays, and you can choose to buy or sell up to 5 days
• Make your money go further - Up to 40% discount on Aviva products, and other retailer discounts
• Up to £1,200 of free Aviva shares per year through our Matching Share Plan and share in the success of Aviva with our Save As You Earn scheme
• Brilliantly supportive policies including parental and carer’s leave
• Flexible benefits to suit you, including sustainability options such as cycle to work