Risk Pricing Manager

Risk Pricing Manager

We are currently looking to recruit a Risk Pricing Manager to join a major insurance business in the Midlands. You will develop, manage and improve the delivery of an independent risk price for all general insurance business to deliver risk cost and optimise premium strength in accordance with the pricing strategy.

Responsibilities:

• Define, develop, agree and implement the methods and approaches to deliver the 'best view' of risk price to optimise premium strength, ensuring independence is maintained throughout.
• Review options for changes to product coverage, underwriting rules and individual risk offer thresholds to ensure decisions are informed with technical input from a risk cost perspective.
• Lead the design and delivery of effective rating logics designed to produce accurate risk price on the rating engine to feed the customer price creation process in compliance with relevant quality standards and SLAs
• Build and maintain relationships with Claims, IT and the Pricing Community and modelling team to build confidence in risk pricing and ensure the effective delivery of objectives.
• Deliver short term / one-off projects and activities as required by and to the standards and outcomes agreed with Line Manager

Person specification:

• Qualified Accountant (ACA, ACCA, CIMA) or other qualification: ACII, MBA or FIA
• Experience of managing a pricing team with direct responsibility for leading the team and being accountable for pricing outputs
• Experience of building and using risk pricing models and setting risk rates
• Relevant general insurance experience in personal or commercial lines
• Excellent communication skills