
Pricing Manager
Policy Expert – Pricing Manager
🚀Are you ready to transform the insurance industry?
Policy Expert is a forward-thinking business that loves to get things done. Leveraging proprietary technology and smart data, we offer reliable products and a wow customer experience.
Having achieved rapid growth since being founded in 2011, we’ve won over 1.5 million customers in Home, Motor and Pet insurance and have been ranked the UK’s No.1-rated home insurer by Review Centre since 2013. 🏆
About the pricing team:
We’re at the start of an exciting transformation. With bold investment in pricing, data, and technology, we’re building a new Retail Price Optimisation team to redefine how we make pricing decisions. By combining advanced analytics, machine learning, rich data, and modern cloud infrastructure, we aim to unlock faster, smarter, and fairer pricing — creating real impact for both our customers and the business.
Your day to day:
Reporting directly to the Group Head of Retail Pricing and Implementation, this role plays a pivotal part in shaping Policy Expert’s growth story. By harnessing cutting-edge pricing strategies and optimising the balance between contribution and volume (the Efficient Frontier), you will unlock sustainable profitability across all underwritten products. Beyond pricing optimisation cycles, you’ll act as a catalyst for commercial innovation, collaborating closely with Retail, Marketing, and cross-functional teams to drive bold initiatives that keep us ahead of the market.
Primary responsibilities
- Identify day to day pricing changes between optimisation cycles to meet sales targets.
- Scan market movements to identify appropriate response across Policy Expert products.
- Review portfolio mix and business performance by client segment to identify optimal pricing changes.
- Liaise with Retail & Marketing and other relevant stakeholders to support with cross functional projects e.g., marketing campaigns, branding, product adjustments e.g., excess changes.
- Develop a good understanding of loss ratio development trends to identify appropriate short-term and longer-term responses.
- Coordinate the preparation for the Trading Committee, including supporting material, follow up actions etc.
- Set pricing for ancillary products.
- Day to day management of Analysts and Senior Analysts in the Retail Pricing team.
- Act as deputy for the Group Head of Retail Pricing & Implementation when required.
Secondary responsibilities
- Analyse the information provided by the Risk Pricing and Optimisation teams (e.g., on loss ratio trends).
- Support the Group Head of Retail Pricing and Optimisation with the identification of opportunities and improvement areas across the whole of the pricing team e.g., future technology, modelling techniques and analytical processes.
Key Skills/Qualifications
- Degree in numerically based discipline e.g., Maths, Data, Statistics
- Data modelling techniques
- 5+ years insurance pricing experience
- Commercially focussed
- Performance management
- Strong stakeholder management skills
- Reactivity and speed in execution
- Communication/influencing
- Decision making
Benefits:
📍 This role will be based in our London office in a 50/50 Hybrid mode.
💸 Generous Pension contribution scheme
🏥 Private medical & Dental cover
📚 Learning budget of £1,000 a year + Study leave (with encouragement to use it)
😁 Enhanced maternity & paternity
🚉 Travel season ticket loan
🎟️ Access to a wide selection of London O2 events and use of a Private Lounge
🌈 Employee Wellbeing Programme
What We Stand for and Next Steps “We pride ourselves on being an equal opportunity employer. We treat all applications equally and recruit based solely on an individual’s skills, knowledge, and experience. The quality and growing diversity of our team is a testament to this commitment”
At Policy Expert, we are committed to fostering an inclusive and supportive environment for all candidates. If you require any reasonable adjustments during the interview process to accommodate your needs, please do not hesitate to let us know. We are dedicated to ensuring every candidate has an equal opportunity to succeed and will work with you to provide the necessary support.
We aim to be in touch within 14 working days of your application – you will be notified if successful or unsuccessful. Please be encouraged to apply even if you do not meet all the requirements.
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