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 arrangements 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
* Strategic ownership and leadership of pricing solutions
* Drive change and innovation for continuous improvement
* End-to-end production of pricing models using a tailored pricing pipeline
* Utilize pricing software to develop predictive models and optimize customer prices
* Improve pricing processes to enhance performance and efficiency
* Lead R&D initiatives to innovate and improve modelling and pricing methodologies
* Ensure compliance with pricing governance and controls
* Collaborate with the Street Pricing Team to align models with business objectives and manage stakeholder relationships
* Manage a team with varying experience levels, including managers
About you:
* Experience managing pricing teams and managers
* Excellent communication skills for diverse audiences, especially senior stakeholders
* Extensive experience with general insurance products and current industry trends
* Experience with WTW’s Radar or Earnix software
* Strong commercial acumen
* Experience in retail pricing optimization
* Knowledge of predictive modelling techniques
* Proficiency in statistical and data science programming languages
What we offer:
* A collaborative, fast-paced work environment
* Annual bonus scheme
* 28 days of annual leave plus bank holidays, with options to buy additional leave
* Life assurance worth 4x annual salary
* Modern, vibrant office spaces
About the company:
Markerstudy is a leading UK insurance provider, covering around 5% of private cars, 20% of commercial vehicles, and over 30% of motorcycles, with total premiums of approximately £1.2 billion. The company has expanded through acquisitions, including Co-op Insurance Services, BGLi, and Atlanta, and is pursuing innovative pricing strategies using an award-winning rating platform.
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