Assistant Pricing Manager

Assistant Retail Pricing Manager

Department: [SBL] Retail Pricing

Employment Type: Permanent - Full Time

Location: Bristol

The Assistant Retail Pricing Manager will support the development and execution of the company's retail pricing strategy for motor insurance products. The role involves managing pricing projects, leading a small team, and collaborating with cross‑functional stakeholders to ensure pricing models are competitive, profitable, and in line with regulatory standards. This position serves as a bridge between senior leadership and analysts, playing a key role in translating strategic goals into actionable pricing initiatives.

Pricing Strategy Execution:

• Assist in implementing the retail pricing strategy in line with the company’s growth and profitability goals.
• Provide input into strategic decisions by analysing market trends, competitor pricing, and customer behaviour.

Analysis and Reporting:

• Prepare detailed and accurate analysis of pricing changes and their impact on portfolio performance.
• Communicate insights and recommendations to senior managers through presentations and detailed reports.

Performance Monitoring:

• Monitor and evaluate the performance of implemented pricing strategies, recommending adjustments to improve outcomes.

Innovation and Development:

• Contribute to the development and deployment of new pricing techniques, including machine learning and automation tools.
• Identify opportunities to improve existing models, processes, and systems.

Team Leadership:

• Supervise and mentor pricing analysts, fostering their professional growth.
• Oversee the production of high‑quality pricing models and reports, ensuring adherence to timelines and accuracy.

Stakeholder

Collaboration:

• Work closely with the Retail Pricing Manager to align on strategic goals and priorities.
• Collaborate with underwriting, marketing, and claims teams to gather insights and refine pricing recommendations.
• Act as a point of contact for internal stakeholders regarding pricing updates, methodologies, and queries.

Regulatory and Compliance Oversight:

• Ensure pricing activities comply with all applicable regulations and internal policies.
• Support audits and prepare documentation for regulatory reporting as needed.

• Strong analytical and data interpretation skills, with a solid grasp of statistical modelling and actuarial methods.
• Proficiency in pricing software and programming tools such as Excel, SQL, R, Python, or similar platforms.
• Proficiency in Radar or Emblem advantageous
• Excellent communication skills, both verbal and written, with the ability to present complex concepts to varied audiences.
• Strong project management and organisational abilities, with a capacity to handle multiple priorities effectively.
• Team leadership and mentoring capabilities to guide and develop analysts.
• Problem-solving skills and a proactive, solutions‑focused mindset.

• Hybrid working – 2 days in the office and 3 days working from home
• 25 days annual leave, rising to 27 days over 2 years’ service and 30 days after 5 years’ service. Plus bank holidays!
• Discretionary annual bonus
• Pension scheme – 5% employee, 6% employer
• Flexible working – we will always consider applications for those who require less than the advertised hours
• Flexi-time
• Healthcare Cash Plan – claim cashback on a variety of everyday healthcare costs
• Electric vehicle – salary sacrifice scheme
• 100’s of exclusive retailer discounts
• Professional wellbeing, health & fitness app - Wrkit
• Enhanced parental leave, including time off for IVF appointments
• Religious bank holidays – if you don’t celebrate Christmas and Easter, you can use these annual leave days on other occasions throughout the year.
• Life Assurance - 4 times your salary
• 25% Car Insurance Discount
• 20% Travel Insurance Discount
• Cycle to Work Scheme
• Employee Referral Scheme
• Community support day