Pricing Optimisation Lead

About Us 

Admiral Money is at the forefront of financial innovation, offering smart and flexible lending solutions. We’re all about pushing boundaries, embracing new technology and making finance both accessible and engaging. 

As we expand our Unsecured Loans Team, we're on the lookout for a technically strong Pricing Lead to use our class leading decisioning engine and cloud data tech stack including ML to make our product even more competitive.

Role Overview 

We are seeking a technical leader to drive our ambitious Pricing & Profitability Roadmap. The ideal candidate will be pivotal in delivering advanced optimisation models and a framework of continuous improvement and innovation. Reporting to the Head of Pricing, this role demands close collaboration with the Finance and Credit Risk teams. 

The candidate will spearhead our prediction of customer behaviour and how to optimise using the results, manage pricing processes, and further develop our dynamic pricing model, transforming it into a premier asset for the business. With substantial investments in enhancing our pricing model's technical capability, the successful candidate will be at the forefront of innovation, integrating data science methodologies into pricing models to deliver added value. 

Upon demonstrating the necessary skills and understanding, there is potential for increased responsibilities and significant development in the existing structure. The candidate is expected to coach and nurture junior team members across the division, unlocking their full potential. 

Our recent initiatives include moving to a new pricing methodology, rebuilding the full pricing process for ease of innovation and developing standardised pricing tools to speed up decision making. These advancements have positioned us to refine our risk predictions, optimize selection processes, and ultimately bolster our performance. 

Key Responsibilities 

• Own our optimisation function, developing new models to predict customer behaviour.
• Drive technical excellence across the department.
• Lead regular pricing monitoring and optimisation processes, whist innovating existing models and developing improved alternatives.  
• Perform details pricing analysis to inform decision making.

Key Requirements 

• Profiicent in SQL & Python.
• Previous experience either in a Lending business or in a Pricing, Commercial, Credit Risk or Analytics role. 
• Strong problem-solving skills with a keen attention to detail.  
• Effective communication skills, with the ability to engage with stakeholders at various levels. 
• Demonstrated ability to work independently and manage multiple tasks. 

Hybrid Working

The successful candidate will be expected to work from our Cardiff office at least 1 day per week. 

Salary, Benefits and Work-Life Balance

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 consistently voted one of the Sunday Times Best Big Companies to Work For in the UK.

All colleagues will receive 33 days holiday (including banks holidays) when they join us, and this will increase with length of service, up to a maximum of 38 days (including banks holidays). You also have the option to buy or sell up to five days of annual leave in addition to your allocation.

You can also view some of our other key benefits here.

Our Commitment to You

At Admiral, we are committed to being a diverse and inclusive workplace. Admiral is proud to be an equal opportunities employer and does not discriminate on the basis of race, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), national origin, gender, gender identity, sexual orientation, disability, age, or any other legally protected status.

All qualified applicants will receive equal consideration.

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