Pricing Manager

Job Description

Option for hybrid working - very flexible!.Hedgehog has been providing car insurance for 3 years, and we are now looking to accelerate our business with support from new partners. We are looking for a Pricing Manager with strong hands-on retail Pricing experience to lead the team responsible fordeveloping sophisticated analysis and modelling to increase volume and profit.While the main Rostella office is based in Cardiff, the position offers the flexibility of hybrid working.Your key responsibilities:

• Recommend rating action and changes to pricing structures to optimise income streams taking account of volume and profile targets.
• Manage continual testing to assess the outcomes of competing pricing strategies, keeping detailed logs that include assessments of modelled and actual performance.
• Recruit, manage and develop a team of pricing analysts, data scientists and MI analysts at all levels
• Develop and maintain predictive models to optimise total profitability.
• Critically assess models and proposals created within the team.
• Evaluate the potential impact of innovative modelling techniques and new data sources and manage the integration into live pricing models.
• Monitor competitor pricing and product development and feed this analysis into the pricing strategy.
• Provide high-quality written reports to influence senior managers and insurance partners.
• Ensure all rating structures are compliant with current regulations.

Your skillset and experience:

• Demonstrated ability to analyse data to support decision-making.
• Able to identify, investigate, explain and react to emerging trends.
• Experience of developing and interpreting statistical and machine learning models (eg GLMs, Decision Trees, Random Forests, GBMs, XGBoost)
• Previous experience using analytical software and tools (eg SAS, R, Python, SQL). Experience of Radar software preferred.
• Previous line management experience - able to develop and motivate team.
• Excellent communicator, able to convey complex results to technical and non-technical staff.
• Creative approach to problem solving.
• Able to identify and understand stakeholder concerns and propose actions to address them.
• Able to use own initiative and progress work independently, delivering within agreed timescales.
• 5+ years insurance personal lines pricing experience, preferably motor.

Qualifications:

• Educated to at least degree level (or equivalent) in a mathematical/scientific subject

What can we do for youWe believe we can offer you a great working environment as were so passionate about our people. Here are just some of the benefits and perks that we offer

• £60,000-£80,000 salary
• Annual salary reviews
• 33 days holiday allocation (25 days + 8 bank holidays)
• A great central Cardiff (or Reading) working location with opportunities for hybrid working
• A constantly evolving approach to work. We understand the benefits of homeworking, and we also love working with our colleagues in the office
• Nest Pension scheme
• We supply equipment, so that our employees can work comfortably from home and in the office
• We encourage and support our staff in professional training and qualifications, allowing our employees to take control of their own careers
• Refer a friend scheme
• Discounts on Central Cardiff NCP car parks
• Group social events (optional)

The Company: Rostella is based in the heart of Cardiff and provides quality car insurance services to car insurance provider Hedgehog. This means we provide a range of functions including customer service, claims handling, underwriting, pricing and other car insurancerelated functions. Were a data-driven, agile company where everyone is expected to come up with ideas and help implement them to continually improve what we do and how we do it. Our aim is to create and maintain an industry-leading customer experience.