Strategic Pricing Analyst managing pricing strategies at Border States, an electrical supply distributor. Driving pricing performance improvement and maintaining customer price consistency across regions.
About the role
- Senior Pricing Manager leading pricing strategies for telematics at Hastings Direct. Developing optimal pricing outcomes through data analysis and advanced modeling techniques.
Responsibilities
- Ownership of Telematics Underwriting (UW) Pricing strategies with responsibility for net price we deliver to the customer, with a view to creating equal balance between customer and company value (delivering against our pricing strategy)
- Hands on development of our UW Pricing models using various data sets and techniques to deliver the optimal pricing outcome
- Analyse large complex datasets to drive decision making that translates into commercial and customer value
- Building and delivering robust MI and BI reporting to track key metrics and support trading and business decision making – allowing you to gain approval with our panel on your changes
- Grounding all data and pricing decisions / practices in clear documented principles, as well as managing and developing processes that reduce the likelihood of errors occurring always with the customer in mind
- Ensure the customer is always delivered with a price that is fair, justifiable and in-line with our governance and processes
- Developing new solutions (such as machine learning algorithms) to automate processes where they could had additional value and reduce the need for manual intervention long-term
- Desire to continue learning new modelling techniques / finding new data sources to ensure we stay ahead of our competitors
Requirements
- Commercial awareness and an understanding of what makes a successful and profitable business
- Ability to interact effectively with a wide variety of individuals, both technical and non-technical
- Advanced programming language skill (This could be R, Phyton, SQL, Radar or any other coding-based language
- Experience of managing large datasets (storage, de-duping etc.) would be of great use
- Keen eye for detail
- Strong numerical and analytical skills
- Excellent communication skills and stakeholder management
- The ability to work under pressure and prioritize accordingly
- Ability to think strategically about long-term goals and balance short-term objective
- Understanding of the insurance market
- Working with external partners
- Knowledge of financial services regulation, for example FCA and TCF guidelines
Benefits
- Flexible working – we champion a flexible hybrid working approach – please speak to your recruiter to discuss in more detail
- Competitive bonus scheme - all colleagues are eligible for our annual 4Cs performance bonus
- Physical wellbeing – as a Band 4 colleague, Hastings pay for you to receive private medical Insurance (also known as PMI). This gives you flexibility and convenience to see a specialist or consultant and allows you to decide when and where you will be seen
- Financial wellbeing – as well as providing you with 4x your salary with our life assurance cover, income protection at no extra cost, and matched pension contributions up to 10%, we are proud to provide you with an award winning package which includes – discounts, cashback, free independent mortgage advice and free access to financial wellbeing support
- Mental wellbeing programme – we have the thrive mental health app, our colleague assistance programme available 24/7, our own in-house mental health first aiders, support groups and a dedicated team to make sure we are covering your needs
- 27 days annual leave + bank holidays, with the option to buy or sell one of your weeks, access to our health care cash back plans, dental plans, discounted health assessments, Cycle to work and tech schemes, discounted and free onsite facilities, social events throughout the year and much more …
Job title
Job type
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Tech skills
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