Job Title: Market Pricing Manager
Target Start Date: ASAP
Contract Type: Permanent, Part Time, Full Time, Job Share option available
Salary Range: £80,000 +
Location: Hybrid, once a month - Eastleigh / Bournemouth
Market Pricing Manager: A fantastic opportunity has arisen to join our Market Pricing team as a Pricing Manager, where you’ll play a pivotal role in delivering data-driven pricing strategies that directly influence business growth, profitability and customer outcomes.
This is a high-impact position offering the chance to work at the intersection of data science, insurance pricing and commercial strategy, using machine learning, statistical modelling, and price optimisation techniques to drive conversion, retention and revenue growth.
You’ll collaborate with cross-functional teams across all products and brands, helping to define and execute innovative pricing strategies that support the long-term success of Ageas UK.
Main Responsibilities as Market Pricing Manager:
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Lead, coach and develop a team of Pricing Analysts (circa 5 team members), including Lead and Senior Analysts.
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Deliver price optimisation strategies to improve volume, income and profitability.
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Monitor trading performance and manage pricing actions to ensure commercial targets are achieved.
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Oversee the development and deployment of advanced pricing and behavioural models (including machine learning techniques).
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Use advanced analytics and data science methods to generate actionable insights and recommendations for presentation to senior stakeholders and trading forums.
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Ensure strong data governance, alongside enhancement and maintenance of modelling datasets to support pricing.
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Develop, maintain and deploy pricing models into live rating engines.
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Project management across the pricing control cycle, integrating into preparing budgets and forecasts.
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Inform and influence senior leaders, contributing to the strategic direction of pricing across Ageas UK.
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Stay ahead of market trends, regulatory changes and customer outcome expectations.
Skills and experience you need as Market Pricing Manager:
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Degree in a numerical discipline (or equivalent experience).
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Extensive experience in insurance pricing, market pricing or pricing analytics.
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Strong knowledge of price optimisation and predictive modelling techniques.
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Experience with industry tools such as Emblem, Radar, Databricks (or equivalent).
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Proficiency in programming/data tools such as SAS, Python, R or SQL.
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Experience with modelling techniques such as Logistic Regression, GLMs (Log-Gamma, Elastic Net), Gradient Boosting Machines (GBM).
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Proven ability to solve complex business problems using analytics and data science.
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Strong leadership experience with a focus on coaching and developing teams.
At Ageas we offer a wide range of benefits to support you and your family inside and outside of work, which helped us achieve, Top Employer status in the UK.
Here are some of the benefits you can enjoy at Ageas:
Flexible Working- Smart Working @ Ageas gives employees flexibility around location (as long as it’s within the UK) and, for many of our roles, flexibility within the working day to manage other commitments, such as school drop offs etc. We also offer all our vacancies part-time/job-shares. We also offer a minimum of 35 days holiday (inc. bank holidays) and you can buy and sell days.
Supporting your Health- Dental Insurance Health Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, Well Being Activities – Mindfulness.
Supporting your Wealth- 50% off esure and Sheilas' Wheels motor and home insurance, Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.
Supporting you at Work- Well-being activities, mindfulness sessions, Sports and Social Club events and more.
Supporting you and your Family- Maternity/pregnant parent/primary adopter entitlement of 16 weeks at full pay and paternity/non-pregnant parent/co-adopter at 8 weeks’ full pay.
Benefits for Them- Partner Life Assurance and Critical Illness cover.
Get some Tech- Deals on various gadgets including Wearables, Tablets and Laptops.
Getting around- Car Salary Exchange, Cycle Scheme, Vehicle Breakdown Cover.
Supporting you back to work- Return to work programme after maternity leave.
About Ageas:
We are one of the largest car and home insurers in the UK. Our People help Ageas to be a thriving, creative and innovative place to work. We show this in the service we provide to over four million customers.
As an inclusive employer, we encourage anyone to apply. We’re a signatory of the Race at Work Charter and Women in Finance Charter, member of iCAN and GAIN. As a Disability Confident Leader, we are committed to ensuring our recruitment processes are fully inclusive. That means if you are applying for a job with us, you will have fair access to support and adjustments throughout your recruitment experience. If the list does not cover the support you need, please contact our Recruitment Team to discuss how they can help. We also guarantee an interview for applicants with a disability who meet the minimum criteria for the role. For more information, please see Ageas Everyone.
We have a zero-tolerance approach towards any form of harassment during the recruitment process, ensuring that everyone is treated with respect and professionalism.
Our aim is to have great people everywhere in our business and we’re always looking for outstanding people to join us. Most roles across Ageas allow a proportion of your time to be spent working from home and we’re open to discussing flexible working, including full-time, part-time or job share arrangements. To find out more about Ageas, see About Us.
Want to be part of a Winning Team? Come and join Ageas.
Click on the ‘Apply button’ to be considered.
Important Notice – Recruitment Scam Alert: We are aware of fraudulent activity whereby individuals are being contacted with fake job offers claiming to be from Ageas, often for remote roles such as Administrative Assistants. These scams may include offers of high hourly pay and requests for upfront payments or deposits. Please be aware that Ageas will never ask for money at any stage of the recruitment process. Ageas will always ask you to make an application via our Company Websites and all legitimate Ageas job opportunities are listed on our official careers pages within. Communication will only come from verified Ageas email addresses and if you are unsure about the legitimacy of a job offer or communications you are receiving, please contact [email protected] with the subject FRAUD.
