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Pricing Manager - WEM Street Pricing

Job Title: Pricing Manager - WEM Street Pricing

Division: Product

Reports to: Head of WEM Street Pricing and Economics

Location: Digital Working Model (primarily remote working with option of spending 2 days per week in office location – Madrid, Dublin or Lisbon)

 

Key Tasks & Responsibilities

Technical leadership

  • Lead a team that deliver accurate and timely Pricing analysis to assist business decision making, financial planning, and strategy development.
  • Contributing to the overall Pricing Sophistication project within the company; implementing cutting edge Pricing models and designing sophisticated Pricing actions to achieve targets.
  • Key role within the business ensuring delivery of key profitability and growth KPIs; effectively communicate performance of these KPIs to senior stakeholders and ensure robust supporting analysis.

People management

  • Supervise the day-to-day operations for the team by establishing priorities, scheduling and assigning work in an agile environment.
  • Use the objective setting and performance evaluation processes to ensure employees understand expectations, receive regular feedback and are appropriately developed and rewarded.
  • Attract, develop and engage talent to achieve high levels of performance.

Impact & influence

  • Understand vision, goals and direction of team and Organization.
  • Working with other teams within the Organisation, responding with flexibility while adapting to the ever-changing market conditions and business needs.
  • Manage and develop key internal and external stakeholder relationships and manage the integration of the department with the wider business to deliver a better service.
  • Focus on developing good relationships with teams outside of the Pricing area including Product and the Global Liberty partners.
  • Provide clear and concise communication of technical Pricing work to technical and non-technical audiences.

Continuous improvement

  • Support the on-going review of pricing practices, recommending changes and improvements that meet best practice and business objectives and comply with company policies and guidelines.
  • Identify data requirements and quality issues for analysis, tool development, reporting and decision making

Innovation, new thinking, strategy

  • Develop solutions, under your own initiative, using sound actuarial/statistical approach to both new and routine Pricing problems.
  • Key contributor to the wider Global Digital Ecosystem project; delivering a new cloud-based system to manage and analysis data, create pricing solutions and implement Pricing structures.
  • Champion change initiatives, support people through transition; track results and address issues.

Qualifications

  • Analytical degree ideally in Actuarial, Mathematical, Statistical or Data Science studies.
  • Qualified Actuary or similar analytical professional.

Knowledge & Experience

  • 7+ years’ experience in a General Insurance (GI) Pricing role ideally with experience leading a team.
  • Strong knowledge of insurance operations and the procedures of other insurance departments.
  • Track record of leading significant deliveries.
  • Experience of working in a multi-cultural or cross-border team an advantage.
  • Experience of working within a framework of legal and company policy procedures and guidelines, understanding the regulatory environment and impact on Pricing practices.
  • Good working knowledge of professional standards and codes.

Competencies

  • Highly motivated to deliver consistent high performance.
  • Excellent planning and organising skills, highly skilled at managing own workload and team objectives.
  • Able to influence / negotiate with others to achieve solutions.
  • Strong analytical skills with understanding of all GI actuarial techniques, standards and assumptions.
  • Demonstrated ability to exchange ideas and convey complex information clearly and concisely.
  • Ability to establish and build effective relationships within and outside the organization.
  • Highly motivated to innovate and improve current processes
  • Ability to lead and get work done through others.
  • Ability to communicate and influence at senior management level.
  • Ability to coach and develop team members.
  • Effective fluency in English is required.