Pricing Lead

Admiral has always considered our pricing capability to be a fundamental cornerstone of the successful growth of our business. We are now looking for a motivated, skilled and experienced individual in pricing to join our team that is building a new proposition for small businesses (primarily the self-employed and micro businesses with 0-9 colleagues).

The Pricing Lead will play an instrumental role in designing and implementing the pricing strategy and models for our proposition, which will comprise a range of products to protect small businesses (e.g. public liability, professional indemnity, employers liability, tools & materials cover, haulage, health, business interruption etc.). The Pricing Lead will design a ‘test & learn’ approach so that we can develop insight into pricing strategies by product and customer segment, enabling us to gauge how and when to participate in pricing for the different products (vs. working with our external underwriting partners).

The ideal candidate will be excited by the idea of working in a fast-paced environment to build a new business and will combine hands-on pricing experience with a passion for leveraging the potential of data and advanced analytics where relevant. 

About Admiral Pioneer

Admiral Pioneer is a new entity within the Admiral Group with the objective of seeding, launching, and scaling new businesses. We are focused on three business domains:

• Mobility
• Future of Work
• Live to 101

We aim to build multiple businesses in each domain, all anchored around meeting customer needs in new and better ways. We aren’t an incubator, we are building a dynamic and energizing environment where we will provide all the excitement and freedom of a start-up, with the support and stability of an established organization.

Role Responsibilities

• Creating, analysing and refining our pricing structures across a range of small business insurance products.
• Assessing the usefulness of external data sources and managing data partnerships.
• Communicating results and generating ideas for how pricing can become a strategic lever for the business.
• Collaborating with pricing & analytics peers across Admiral Group to take advantage of relevant experience and expertise.

If you would like to discuss the role in any more detail please do not hesitate in contacting the Recruitment Officer. 

Skills & Experience

Essential 

• At least 3 years' experience in a pricing role, ideally with some managerial experience
• Strong quantitative and analytical skills supported by a solid academic and work background.
• A degree, 2:1 (or equivalent) or above in a mathematical subject or similar 
• Experience of working with SAS or similar packages
• Proactive and creative approach to taking initiative and getting things done
• Team player with proven ability to collaborate and build relationships
• Excellent interpersonal and communication skills (both written and verbal​)

Desirable

• Experience in SME insurance
• Experience of GLM and/or Machine Learning techniques and software such as Emblem is an advantage

Interviews

Following your application being reviewed by the hiring manager, we would aim to invite you to interview within one week. 

Location / Hybrid Working

Due to Covid-19 the whole Admiral Pioneer team is working remotely. We will provide you with everything you need to work comfortably from home. We expect you to be working remotely for the foreseeable future, however, after it's safe to return to the office, we will have days when the whole team comes together. We are flexible with this, you can choose how many days you can be in the office as long as we see your face from time to time.

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.

As the only FTSE 100 Company headquartered in Wales and ranked one of the best big companies to work for by the Sunday Times, Admiral is an exciting place to take your career. We are proud to be a diverse business where we put our people and customers first. We have great benefits to ensure colleagues have a great work-life balance; it's one of the reasons we are proudly the only company to have been named one of the Best Companies to Work For every year since 2001. We want you to have an element of freedom to define a working lifestyle that supports this, so accommodate flexible hours wherever possible.

You can also view some of our other key benefits here; https://admiraljobs.co.uk/employee-benefits/.

Please note, we are unable to accept CVs via email. If you would like to apply for the position, please click "Apply".

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