Commercial Pricing Director - Leeds or UK Wide
Posted: 28 June 2024
Job description
We are currently working with our client who is seeking a Commercial Pricing Director. They are a one of the most forward-thinking MGA’s operating within the UK today, where the company is really growing in a forward direction.
Ideally, they are seeking someone to be based near Leeds/Yorkshire, however they could be they are flexible in terms of where candidates may reside within the England.
This is a great company to work for where they really look after the wellbeing of all employees.
Key Skills Required:
- Demonstrate significant pricing experience, which has ideally been gained by working in commercial insurance.
- Have a good understanding of the changing financial services market
- Possess excellent communication and interpersonal skills
- Be self-motivated and able work to your own initiative, as well as being an active team player
Responsibilities:
- Lead and develop a pricing function to providing pricing support including the deployment and management of pricing software
- Providing pricing insights to the business offering your professional advice and support to senior management on a regular basis
- Oversee pricing performance through underwriting committee and also lead the production of quarterly ultimate loss ratios
- Stakeholder engagement: a senior management role as part of the leadership team of the MGU and leading pricing conversations in the wider business as well as with external partners including insurers, reinsurers, captives etc.
- People development: Develop an inclusive pricing team, and be an advocate in creating an environment of success
- Captive and alternative capacity solutions – play a key role in the development of a captive insurance company by supporting with financial projections, coverage design, experience monitoring and profitability analysis
- Risk Pricing and Trading Corridor alignment - Work with the CUO and Portfolio directors to ensure price strength sits within a pre-agreed target range within a 3 year period including implementation of NB / Renewals price strength across the whole suite of the company.
Qualifications/Experience Required:
- Relevant Sector Experience - Significant experience in property and casualty, specialty lines is crucial
- Pricing Experience - Demonstrated experience in pricing insurance products, including the development and implementation of new pricing strategies
- Previous experience in leadership roles, such as managing teams of actuaries or analysts
- Project Management - experience managing large, complex projects and cross-functional initiatives.
- Highly collaborative and positive.
- High personal integrity.
- Resilient and able to work with ambiguity.
- Insurance/Actuarial qualification or qualified by experience
- Degree: A bachelor's degree.
Salary dependant on experience is from £90k to £125k, plus some excellent benefits in addition.
For further information please contact Andy Baker on 07834 596414/0113 4931720 or email andy@cryerbaker.co.uk
