Join to apply for the Household Pricing Governance Analyst role at Admiral Group Plc
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Join to apply for the Household Pricing Governance Analyst role at Admiral Group Plc
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As a Household Pricing Governance Analyst, you will play a crucial role in managing the Household Pricing control framework to ensure compliance with regulatory requirements, legislation, and internal policies. Your efforts will help increase efficiencies within the Pricing department, enabling them to achieve strategic goals while mitigating risks through a robust control framework.
The Department
Household Pricing is part of the Household Core department, which designs, prices, distributes, and monitors product performance. The household product is our second most common sold product, serving over 2 million customers.
The Pricing department is data-driven and responsible for setting prices, writing profitable business, and maintaining our competitive edge in the industry. The Household Pricing Governance team reports into the Motor Pricing Governance though primarily on Household. There will be some opportunities to work with other pricing areas such as motor, pet and travel.
What Are We Looking For?
We are looking for someone who is eager to learn how to manage risks, navigate regulatory challenges, and add value through assurance in key decision-making processes. The ideal candidate will be excited about embracing and embedding risk management, and curious about the benefits it brings.
You will be trained to support the business in running existing governance requirements, identifying improvements, and designing and implementing new processes to enhance our department and organisation. A key part of the role is to review and analyse data, and you will have the opportunity to learn coding and create detailed spreadsheets.
In an area that’s constantly developing, you’ll need to have the desire and ability to drive your own learning and understanding. While existing experience in Pricing, Compliance or Governance would be beneficial, it isn’t essential, as training will be provided.
Main Duties
Your Responsibilities Will Include, But Are Not Limited To
* Supporting the Pricing Department to adhere to the Group’s policies and promoting good governance practices.
* Assisting with requests and requirements from authorities like the FCA, including Fair Value Assessments and GIPP Attestations.
* Developing and maintaining controls within the department to prevent and detect risks.
* Writing documents and papers to assist the department.
* Creating and analysing data sets to highlight trends and recommend positive changes.
* Supporting the department with risk management and governance queries.
* Building strong relationships with other departments and key stakeholders to ensure smooth management of risk events and projects.
* Reporting on department activities through various forums.
Essential Skills & Experience
* Strong communication and interpersonal skills, with the ability to articulate issues concisely to key stakeholders at various levels and in various forums.
* Numerical skills to understand pricing impacts and outcomes, and the ability to find creative solutions to support the business in managing risks and issues effectively.
* Understanding of regulators’ expectations and industry trends.
* A customer and commercially focused mindset.
* Ability to work independently and drive projects forward with minimal supervision.
* Proven ability to manage multiple tasks and priorities in a fast-paced, dynamic environment.
* Ability to work on multiple and varied areas concurrently.
Benefits And Work-Life Balance
At Admiral, we are proud to be a diverse business where we put our people and customers first. We offer great benefits to ensure employees have a good work-life balance; it’s one of the reasons we’re voted one of the Sunday Times Best Big Companies to work for in the UK.
We support flexible working hours where possible. All colleagues will receive 33 days holiday (including bank holidays) upon joining, increasing to a maximum of 38 days with service. You can also buy or sell up to five days of annual leave.
Additional benefits can be viewed on our website.
Admiral, Where You Can Be You
At Admiral, you’re accepted, supported, and empowered to be yourself. We are proud of our culture, recognized as a Great Place to Work for Women, Wellbeing, and overall for over 25 years. We are committed to ensuring progression is accessible to all, regardless of protected characteristics.
Additional Information
* Seniority level: Not Applicable
* Employment type: Full-time
* Job function: Marketing and Sales
* Industries: Financial Services, IT Services and Consulting, Insurance
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