MBA SPARK Leadership Program 20/21

Strategic Pricing & Analytics for Risk

We’re looking for analytical and strategically minded MBAs to help drive our pricing and risk selection capabilities into the future.

About the Company

Admiral Group Plc is a FTSE100 company with a market capitalisation of £7bn+. Since our founding in 1993, the Admiral Group has experienced amazing growth through a strong track record of innovation and entrepreneurship. Our Insurance and Price Comparison operations now span 9 countries (including the UK, Spain, Italy, France and the USA) and we are consistently voted among the best workplaces in the UK and worldwide.

Admiral was founded by two INSEAD MBA graduates, and we highly value the insights, ideas, and experience that an MBA brings.

About the Role

International Pricing Department

Pricing in insurance is about assessing risk, and both pricing and risk selection have always been among Admiral’s key strengths. We constantly innovate to stay ahead of the curve. Today, new machine learning and data science techniques augment our traditional pricing expertise.

The International Pricing Department provides strategic advice and support in order to accelerate the profitable growth of our international operations.

This is where you come in:

You will join the department as an International Pricing Manager (IPM). The ideal IPM possesses both analytical and leadership abilities, combining logical and creative thinking with the interpersonal skills required to grow into a future leadership position. You will use these skills to identify new opportunities and solve complex business problems.

Following a period of specialized training, you will work on strategic assignments, which could include helping to launch new products, implementing new technologies, or researching new data sources. By leading cross-country projects or deep-diving into country-specific challenges you will help drive growth and profitability across our global business.

You’ll develop the analytical and managerial skills you’ll need to excel, while building an understanding of our business across the globe. You will also get a high degree of exposure to senior management across the Group.

Future Career Progression

This role serves as a training program for future senior leadership roles, either within the pricing functions or in the wider business. It’s a high-profile role, suitable for MBAs committed to building a long-term career within Admiral.

Past IPMs include the CEO of our US Insurance Operation, and the Head of our Travel Insurance venture in the UK.

The fast growth of our international companies, as well as our expansion into new product lines, will create exciting future career opportunities for IPMs.

Main responsibilities

• Identifying new opportunities and owning strategic pricing or analytics projects in the UK and abroad
• Helping develop our future strategies in the areas of Pricing, Analytics, and Big Data
• Sharing results and ideas with senior decision makers
• Managing and collaborating with a team of international analysts and data scientists
• Assessing our pricing structures and past performance to improve risk management

Location

The role is based in our headquarters in Cardiff, but requires traveling to international operations for short visits or longer assignments, and may eventually result in permanent relocation to one of our international offices.

Specific requirements

• MBA from a top business school
• Strong quantitative skills supported by a solid academic and work background
• A strategic mindset, as demonstrated by previous experience (this could be in consulting, strategic project management or analysis, working with senior managers, etc)
• Fluent English, and either French, Spanish or Italian

Desirable traits and attributes

• Proactive and creative approach to taking initiative and getting things done
• Team player who can build relationships across functions and geographies
• Excellent interpersonal and communication skills and an ability to inspire and influence others
• Previous experience in insurance is not necessary - as long as you have common sense and sound reasoning we can teach you all you need to know, but you must be willing to learn from the ground up and put in the time to acquire the necessary technical skills
• An interest in data science or big data technologies, and some experience in these areas, may be considered an advantage but are not mandatory
• Personality and a sense of humour (we believe work should be fun!)

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