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Head of Pricing for Emerging Household Products

Cardiff

  1. Full time

Closing date

25/05/2021

About the job

About the Role

Household Insurance is a key part of Admiral’s strategy for the upcoming years. In the 8 years since we launched our Household product, we have grown to over 1.1m customers and we are looking for talented leaders to join our Pricing team and help us drive forward our ambitions for further growth in this market.

The Head of Household for Emerging Household Products will be responsible for leading pricing of the following products/lines of business:

  • Our direct to market InstaQuote proposition, where we seek to offer an accurate quotation based on asking very few questions of the customer
  • Our recently launched Landlord product
  • Any future household-related product innovations which fall outside our core home insurance offering

Whilst these areas are currently run from our Cardiff Headquarters, location and working arrangements are flexible, and we would be keen to hear from candidates from further afield. The role will report to the Head of Household Pricing.

Your Responsibilities

  • Analysing and developing our pricing structures for our new products
  • Maintaining a view of external data opportunities which could enhance our risk selection
  • Communicating results with key decision-makers across the group, including the Head of Household and the Head of UK Insurance
  • Collaborating with peers in other areas of Pricing, as well as other stakeholders, particularly in Product, Underwriting, and Claims
  • Management and development of more junior members of the team

Essential Qualifications and Experience

  • A detailed understanding of General Insurance Pricing, ideally in Home Insurance-related lines
  • Proven ability to get into the detail and understand complex issues within modelling
  • A track record of finding creative and intelligent solutions when problem-solving
  • A track record of driving forward complex projects, both in terms of technical detail and where a wide range of business areas are involved
  • Strong communication skills, including the ability to take complex mathematical topics and explain them to an audience with less detailed knowledge of the topic
  • Experience in line management is beneficial

About Admiral

Our success goes hand-in-hand with having a strong culture where we put our people and customers first. Our philosophy is simple yet effective: people who like what they do, do it better, and this, in turn, means that our customers receive the level of service and products that they deserve. Our culture is honest, open, and wholeheartedly focused on four key areas: Communication, Equality, Reward & Recognition, and Fun.

Salary, Benefits and Work-Life Balance

We do not have a set salary for this position, as it will be dependent on the successful candidate’s experience. We are happy to see CVs from all candidates who meet the requirements and will be happy to discuss the remuneration package.

At Admiral, we are proud to be a diverse business where we put our people and customers first. We have great benefits to ensure employees have a great work-life balance; it's one of the reasons we're voted no. 1 in the 2019 Sunday Times Best Big Companies to Work For in the UK. We want you to have an element of freedom to define a working lifestyle that supports this, so accommodate flexible hours wherever possible. 

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