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Retail Pricing Manager

Cardiff

  1. Full time

More about the job

Admiral has always considered our Pricing department to be a fundamental cornerstone of the successful growth of our business. As the market continues to evolve and we continue to develop the way we work, we are looking for a driven, skilled and experienced Pricing Manager to join us in our Car Retail Pricing team.

The focused Car Retail Pricing team is relatively new, and we’re looking for a Retail Pricing Manager to support the establishment of this new team in a critical part of the business and to help set and drive the strategy of our Retail Pricing. Within this role you would be exposed to a variety of work, ranging from highly complex numerical analysis to high-level decision making that impacts strategy and direction, in all areas of pricing outside of the assessment of claims risk.

We are looking for a creative, innovative and ambitious individual, with experience in Pricing within a UK general insurance company, who has a track record of finding insight in data, can take ownership for driving forward change and has a passion for sharing knowledge and experience with colleagues, both at a peer level and in a managerial role.

You must be highly numerate and have a passion for tackling complex problems relating to financial modelling and interpreting the results of various analytical tests and processes. You should be comfortable with getting stuck-in and diving into the detail of the analysis work, whilst also being able to support the team in fulfilling their potential.

Main Responsibilities

  • Demonstrate strong technical knowledge of our analytical tools, platforms and software to enable you to effectively drive forward the implementation of Retail Pricing initiatives
  • Take responsibility for the quality and direction of complex analytical work carried out within your team which could include projects such as lifetime value, price elasticity, etc
  • Ensure that we are making optimal use of external data sources available to us in relation to market prices
  • Communicating results and ideas to key decision makers across different group companies, including Heads of Department and CEO/COO
  • Management and development of analysts within the Retail Team, including development of senior analysts’ management and technical skills
  • Develop strong relationships with colleagues, both within the department as well as the wider business, to ensure successful delivery of projects that involve cross-departmental cooperation and collaboration
  • Support and collaborate on a range of strategic projects that have the potential to change the way Car Pricing operates in the future
  • Set standards for training and ensuring that the function is sufficiently skilled in order to meet our requirements, both now and in the future
  • Maintain an outward looking perspective and act internally as a valuable source of outside information, sharing your expertise and ensuring that Admiral remains up to date with changes in the field of Pricing
  • Help drive and support the Company’s response to the Pricing Remedy recently announced by the FCA and the consequential market changes
  • Retain awareness of any regulatory developments likely to impact Pricing, which will require close working relationships with Corporate Governance teams and other areas of Pricing

This is not a full definition of the role but covers the main aspects and drivers for success.

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 as one of the 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.

Please note, we are unable to accept CVs via email.

Please note, we are not accepting CV’s from agencies for this role. Agencies on our PSL should only send CVs if asked to do so by the Recruitment team.

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