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 offer flexible hybrid working options with offices based 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. Manage end-to-end production of pricing models using a tailor-made pipeline
4. Utilize pricing software to build predictive models and optimize customer prices
5. Implement improvements to enhance pricing 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 with varying experience levels, including managers
About You
1. Experience managing pricing teams and managers
2. Excellent communication skills across different audiences, including 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, 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 Markerstudy
Markerstudy is a leading UK private insurance provider, insuring approximately 5% of private cars, 20% of commercial vehicles, and over 30% of motorcycles, with total premiums around £1.2 billion. The company has a strong direct presence in the market, having acquired Co-op Insurance Services in 2021, BGLi in 2022, and Atlanta in 2024. Markerstudy continues to pursue innovative pricing techniques, leveraging an award-winning insurer-hosted rating platform and challenging existing processes.
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