Head of Modelling & Optimisation
Two positions are available: Head of Modelling & Optimisation and Head of Pricing Transformation.
These roles are within our Retail Pricing - Modelling & Optimisation division.
Location: We operate flexible hybrid working with offices in Manchester and Peterborough.
The successful candidate will lead technical pricing solutions to drive commercial outcomes, including strategic and technical leadership, team management, organizational awareness, change management, collaboration, and innovation.
Key Responsibilities:
1. Strategic ownership and leadership of pricing solutions
2. Drive change and innovation for continuous improvement
3. End-to-end production of pricing models using a tailored pricing pipeline
4. Utilize pricing software to build predictive models and optimize customer prices
5. Improve pricing processes for better performance and efficiency
6. Lead research and development to innovate current methodologies
7. Ensure compliance with pricing governance and controls
8. Collaborate with the Street Pricing Team and manage stakeholder relationships
9. Manage a team including managers with varying experience
About You:
1. Experience managing pricing teams and managers
2. Excellent communication skills across different audiences, especially senior stakeholders
3. Extensive experience with general insurance products and current industry trends
4. Knowledge of WTW’s Radar software or Earnix software
5. Strong commercial acumen
6. Experience in retail pricing optimization
7. Proficiency in predictive modeling techniques
8. Skills in statistical and data science programming languages
What We Offer:
1. A collaborative and fast-paced work environment
2. Yearly bonus scheme
3. 28 days of annual leave plus Bank Holidays, with options to buy additional leave
4. Life Assurance at 4x annual salary
5. Vibrant, modern offices
About the Business:
Markerstudy is a leading UK private insurance provider, insuring around 5% of private cars, 20% of commercial vehicles, and over 30% of motorcycles, with total premiums of circa £1.2 billion. The company has expanded through acquisitions, including Co-op Insurance Services, BGLi, and Atlanta, and is pursuing innovative pricing techniques using an award-winning rating platform.
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