Renewal Pricing Manager

Renewal Pricing Manager

Location:
Haywards Heath
Salary:
Competitive
Department:
Commercial & Marketing
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We’re on the hunt for a talented and ambitious Renewal Pricing Manager to join our Commercial & Marketing team in Haywards Heath, West Sussex.
 
The successful candidate will lead the execution of the retail pricing strategy, ensuring delivery of targets and managing the assessment of price tests.
 
You’ll need to provide thought leadership and people management skills to enable the development and execution of the group’s retail pricing strategy for renewals to support the delivery of the group’s sales and profit targets.
 
Job responsibilities
 
  • Lead the development and execution of the retail pricing strategy and associated plan for renewal pricing
  • Develop renewal pricing strategies in line with business requirements
  • Lead, coach and inspire a team of statistical analysts within the Retail Pricing team, ensuring delivery to targets and embedding a philosophy of continuous improvement
  • Design, implement and manage the ongoing assessment of price tests, developing a best practice for experimental designs
  • Manage rate changes and implementation of new pricing strategies
  • Build predictive models and maintain existing predictive models to support renewal pricing
  • Create an innovative approach which drives the business forward by introducing new analytical methods, making use of new data sources and producing reporting suites to track performance
  • Support the broader business and Commercial & Marketing programmes through thought leadership into organisational programmes of work
  • Provide input and advice into company analysis strategy and the effective implementation of that strategy to meet company requirements
  • Liaise with other departments on data issues, business effects influencing company reports, business processes and operational issues
 
Skills, knowledge & experience
 
  • Minimum 2:1 in a numerical undergraduate discipline
  • Extensive experience of personal lines insurance pricing or similar
  • Experience in people and project leadership
  • Proven ability to produce outstanding results based on own initiative
  • Good understanding of price optimisation techniques
  • Strong background in statistical methods
  • Experience of SAS, Emblem, Radar, Excel and advanced statistical techniques
  • People and project management skills
  • Good knowledge of motor insurance products and the motor insurance industry
  • Logical thinker with solid reasoning ability
  • Commercially focused
  • A flexible approach and positive attitude
 
What can we do for you? 

We believe we can offer you a great working environment as we’re so passionate about our people. Here are just some of the benefits and perks that we offer…
 
  • Fantastic training and development opportunities
  • Employee benefit packages to suit your lifestyle
  • Flexible working
  • A day off for your birthday
  • The opportunity to take a paid day off each year to do charity work
  • A health cash plan
  • Help with travel expenses
  • The opportunity to buy additional holiday
  • Company pension scheme
  • Group life assurance
  • Enhanced maternity and paternity pay
  • Professional subscription fees paid
     
Employee wellbeing is high on the agenda here too. We provide a weekly free fruit delivery, discounted membership at a local health club and access to an Employee Assistance Programme, which promotes physical and emotional wellbeing at work and at home. In addition, we provide wellbeing events throughout the year to support physical and mental health.

For further information on what we can offer and to learn more about this role, feel free to contact our dedicated Recruitment team.
 
Are you the person we’re looking for? If so, we look forward to hearing from you. Apply today!
 
Want to know what it’s really like to work at First Central? Take a look at our Glassdoor reviews.
 

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75% of people would recommend a friend to work at First Central

Based on 93 Glassdoor reviews (April 2020)

Benefits

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Flexible working

We support colleagues who wish to work flexibly whilst meeting the needs of the business.

Get your birthday off

We give you an extra day off to celebrate your special day.

Holiday Extra

Not only do you get a generous holiday entitlement, you can also buy additional leave.

Volunteering

Get a day off each year to take part in volunteering activities.

Health cash plan

Claim money back on your healthcare costs, such as dental check-ups and eye tests.

Season ticket loan

We provide interest-free loans to cover the cost of season tickets for rail, bus or car parking.