Technical Pricing Manager

Ageas; City of London; Hybrid; GBP 84,000; Full time

Job summary

A leading insurance company is seeking a Technical Pricing Manager to join their Underwriting department. This hybrid or remote role involves developing advanced actuarial models and collaborating with stakeholders to optimize pricing strategies. The ideal candidate has a strong background in statistical modelling, experience with Python or R, and excellent problem-solving skills. This position offers a competitive salary and the opportunity to work with cutting-edge technologies.

Qualifications

• Experience of actuarial pricing or statistical modelling, preferably in a regulated industry.
• Strong problem-solving skills with a focus on data interpretation.
• Experience partnering with senior stakeholders.

Responsibilities

• Creating complex actuarial models for innovative pricing.
• Assisting with ad-hoc actuarial analyses across the company.
• Producing reports to communicate statistical models and results.

Skills

Actuarial pricing

Statistical modeling

Python

R

Statistical analysis

Data science techniques

Problem-solving

Education

2.1 or above degree in a numerate discipline

Tools

Willis Towers Watson (Emblem, Radar)

Job description

Job Title: Technical Pricing Manager

Target Start Date: ASAP

Contract Type: Permanent, Part Time, Full Time, Job Share option available

Salary Range: Circa £84,000

Location: Hybrid or Remote

Work Level: 4

Closing Date for applications: Wednesday 29th October

Hiring Manager: Glen D\'Souza

Overview

Technical Pricing Manager: An opportunity has arisen to join Ageas’s Underwriting department in the Technical Pricing team. Technical Pricing is responsible for the production of specialist statistical risk models for our insurance products including Private Car, Van, Bike and Household. We will accommodate working from home full-time.

This role offers the opportunity to explore and use new technologies and participate in delivering strategic change, such as improving the sophistication of models and deploying the latest data science techniques to generate profitable business growth. The Technical Pricing Manager will manage projects, assist in guiding data preparation, perform and review actuarial modelling and interpret results to drive high impact, intelligent pricing solutions and support our competitive position.

The ideal candidate must be commercially focused to work in partnership with senior stakeholders to enable better informed pricing decisions. As a technical expert, the Manager will lead and develop pricing analysts to turn data into information that drives a value-based pricing proposition.

Responsibilities

• Creating complex, robust actuarial models and interpreting the results to deliver high impact, innovative pricing
• Assisting in the production of ad-hoc actuarial and statistical analyses, working with stakeholders across the company to solve business problems
• Producing reports, documentation, and presentations to communicate statistical models and results to key stakeholders
• Identifying opportunities to challenge and improve existing methodologies, deploying new analytical techniques that deliver insights and operational improvements

Qualifications

• Experience of actuarial pricing or statistical modelling, preferably within a regulated, multi-divisional industry
• Experience of data science techniques in Python or R
• Specialist knowledge in statistical analysis software – Willis Towers Watson (Emblem, Radar) is advantageous
• 2.1 or above degree in a numerate discipline (e.g., Mathematics, Statistics, Engineering, Physics, Computer Science, Actuarial Science)
• Expertise in pricing and underwriting principles, ideally within personal or commercial lines on a large scale (Ageas underwrites c. £2bn of GWPs)
• Ability to decide on production and maintenance of pricing models and evaluate profitability and price position of new and existing products
• Strong problem-solving skills, with ability to investigate and interpret results beyond first-order effects
• Experience partnering with teams and senior stakeholders to influence, gain buy-in, and share knowledge; able to present difficult concepts clearly

How to apply

To find out more about this role please contact Zoe Powell or Glen D\'Souza. Alternatively, click on the “Apply Button” to be considered.