Job Description
Head of Modelling & Optimisation, Head of Pricing Transformation\n\nTwo positions are available, Head of Modelling & Optimisation and Head of Pricing Transformation.\n\nThese roles sit within our Retail Pricing - Modelling & Optimisation division.\n\nLocation: We operate flexible hybrid working for these positions and have offices based in Manchester and Peterborough.\n\nRole purpose\n\nThe successful candidate is responsible for leading technical pricing solutions in order to drive commercial outcomes across the company. This includes strategic and technical leadership, team leadership, organisational awareness, ability to drive change, collaboration and innovation.\n\nKey Responsibilities\n\nStrategic ownership and leadership of pricing solutions\n\t\nDrive change and innovation to ensure continuous improvement\n\t\nEnd to end production of pricing models using a tailor-made pricing pipeline\n\t\nUse of pricing software to build predictive statistical models and intelligently optimise customer prices\n\t\nContribute and implement improvements to the pricing process to increase pricing performance and efficiency\n\t\nContribute and lead research and development opportunities to help innovate and improve current modelling and pricing methodologies\n\t\nEnsure all activity is compliant with pricing governance and follows established controls\n\t\nWork closely with the Street Pricing Team to ensure pricing models meet business objectives, and manage relationships with key stakeholders around the business\n\t\nManage a team of varying experience, including managers\n\nAbout you:\n\nStrong experience managing pricing teams and managers\n\t\n Strong communication skills across a variety of audiences, particularly with senior stakeholders\n\t\n Extensive experience owning general insurance products, including knowledge of current trends and issues\n\t\n Experience of WTW’s Radar software or Earnix software\n\t\n Strong commercial acumen\n\t\n Experience of retail pricing optimisation\n\t\n Experience with predictive modelling techniques\n\t\n Experience in statistical and data science programming languages\n\t\n A quantitative degree\n\nWhat we offer in return?\n\nA collaborative and fast paced work environment\n\t\nPrivate medical health care plan\n\t\nYearly bonus scheme\n\t\n28 days annual leave plus of Bank Holidays and the ability to buy additional leave\n\t\nLife Assurance 4x annual salary\n\t\nVibrant, modern offices\n\nAbout the business:\n\nMarkerstudy is a leading provider of private insurance in the UK, insuring around 5% of the private cars on the UK roads, 20% of commercial vehicles and over 30% of motorcycles in total premium levels of circa £1.2b. Markerstudy also has a large and growing direct presence in the market as well.\n\nHaving acquired and successfully integrated Co-op Insurance Services in 2021, BGLi in 2022 & Atlanta in 2024. Markerstudy are now pursuing innovative pricing techniques, taking advantage of an award-winning insurer hosted rating platform, whilst challenging existing embedded processes