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Technical Pricing Manager

Vermelo RPO
Posted 3 hours ago, valid for 6 days
Location

Cambridge, Cambridgeshire CB4, England

Salary

£50,000 - £60,000 per annum

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Contract type

Full Time

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Sonic Summary

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  • The Technical Pricing Manager role in Peterborough involves developing and optimizing retail pricing models to enhance the portfolio's lifetime value.
  • Candidates should have a graduate or postgraduate degree in Statistics, Mathematics, or a related analytical field and experience in a pricing or actuarial role within general insurance.
  • Key responsibilities include producing pricing models, using Earnix for predictive modeling, and leading improvements in pricing processes.
  • The position requires experience with price optimization tools, advanced machine learning methods, and software packages like R or Python.
  • The salary for this role is competitive, and candidates should have a proven ability to deliver commercial value through pricing insights, alongside strong people management skills.

Job Title: Technical Pricing Manager

Location: Peterborough (flexible hybrid working)

Role purpose

We are looking for a Technical Pricing Manager to generate incremental lifetime value of our portfolio through the delivery and development of retail pricing models and optimisations using innovative and cutting-edge modelling approaches.

You will help continuously improve the pricing process and enhance the abilities of the wider team, as well as being involved with integrating and establishing the use of advanced data science and statistical techniques to enhance pricing model accuracy and output.

Key Responsibilities

  • End to end production of pricing models using a tailor-made pricing pipeline
  • Use of Earnix to build predictive statistical models and intelligently optimise customer prices
  • Contribute and implement improvements to the pricing process to increase pricing performance and efficiency
  • Contribute and lead research and development opportunities to help innovate and improve current modelling and pricing methodologies
  • Evaluate and utilise tools and data items created by the data science teams
  • Ensure all activity is compliant with pricing governance and follows established controls
  • Work closely with the Commercial Pricing Team to ensure pricing models meet business objectives, and manage relationships with key stakeholders around the business
  • Manage, mentor and coach more junior members of the team

About you:

  • Highly numerate with a graduate or postgraduate degree in Statistics, Mathematics or another analytical subject
  • Experience in a pricing or actuarial role within general insurance
  • Experience with price optimisation tools (Earnix/Radar)
  • Experience using and implementing advanced machine learning methods
  • Able to communicate complicated statistical concepts to an informed but non-technical audience
  • Experience with using software packages such as R or Python to solve problems
  • Proven ability to deliver commercial value through pricing insight
  • Proven ability to provide commercial uplift from research and development projects
  • Strong people management skills

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