Market Pricing Manager

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

A fantastic opportunity has arisen to join our Market Pricing team as a Pricing Manager. 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

• Lead, coach and develop a team of Pricing Analysts (circa 5 team members), including Lead and Senior Analysts.
• Deliver price optimisation strategies to improve volume, income and profitability.
• Monitor trading performance and manage pricing actions to ensure commercial targets are achieved.
• Oversee the development and deployment of advanced pricing and behavioural models including machine learning techniques.
• Use advanced analytics and data science methods to generate actionable insights and recommendations for presentation to senior stakeholders and trading forums.
• Ensure strong data governance, alongside enhancement and maintenance of modelling datasets to support pricing.
• Develop, maintain and deploy pricing models into live rating engines.
• Project manage across the pricing control cycle, integrating into preparing budgets and forecasts.
• Inform and influence senior leaders, contributing to the strategic direction of pricing across Ageas UK.
• Stay ahead of market trends, regulatory changes and customer outcome expectations.

Skills and Experience

• Degree in a numerical discipline (or equivalent experience).
• Extensive experience in insurance pricing, market pricing or pricing analytics.
• Strong knowledge of price optimisation and predictive modelling techniques.
• Experience with industry tools such as Emblem, Radar, Databricks (or equivalent).
• Proficiency in programming/data tools such as SAS, Python, R or SQL.
• Experience with modelling techniques such as Logistic Regression, GLMs (Log Gamma, Elastic Net), Gradient Boosting Machines (GBM).
• Proven ability to solve complex business problems using analytics and data science.
• Strong leadership experience with a focus on coaching and developing teams.

Benefits

• Flexible Working - Smart gives employees flexibility around location (within the UK) and, for many of our roles, flexibility within the working day to manage other commitments. Part time and job share options are available. Minimum 35 days holiday (incl. bank holidays) and option to buy and sell days.
• Health - Dental Insurance, Health Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, Well Being Activities - Mindfulness.
• Wealth - 50 % off e sure and Sheilas' Wheels motor and home insurance, Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.
• Workplace - Well being activities, mindfulness sessions, sports and social club events.
• Family - Maternity/Pregnant Parent/Primary Adopter entitlement of 16 weeks at full pay and paternity/non pregnant parent/adopter at 8 weeks' full pay. Partner Life Assurance and Critical Illness cover.
• Tech - Deals on various gadgets including wearables, tablets and laptops.
• Transport - Car Salary Exchange, Cycle Scheme, Vehicle Breakdown Cover.
• 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. Ageas is a thriving, creative and innovative place to work, serving over four million customers. We are an inclusive employer and signatories to the Race at Work Charter, Women in Finance Charter, iCAN, GAIN. As a Disability Confident Leader, we ensure our recruitment processes are fully inclusive, providing fair access to support and adjustments throughout recruitment. Ageas has a zero tolerance approach towards harassment and treats everyone with respect and professionalism.

Important Notice - Recruitment Scam Alert

We are aware of fraudulent activity where individuals are 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. All legitimate Ageas job opportunities are listed on our official careers pages. Communication will only come from verified Ageas email addresses. If you are unsure about the legitimacy of a job offer or communications, please contact with the subject FRAUD.