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Motor Pricing Consultant

Employer
RSA
Location
Horsham, West Sussex, United Kingdom
Salary
Competitive Salary
Closing date
Jun 18, 2021

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Job Role
Commercial Finance Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Job Description
We are a major UK general insurer, with top 3 positions in PL Home and PL Pet...and a desire, supported by investment, to become a major player once again in PL Motor, under our MORE THAN brand.

The successful candidate will be a key member of RSA Motor pricing team, conducting analyses, delivering appropriate pricing recommendations to help achieve Motor business plans

What's in it for the candidate:

• Be part of a great Motor, PL, UK and global Pricing community, with the career development opportunities that come with that

• Have flexible working

• Be a key part of a UK PL Motor transformation - those opportunities are rare; a chance for you to make a real difference

Responsibilities

• Work in close partnership with product teams to deliver trading performance in line with agreed strategy & targets

• Develop, maintain and optimise pricing models in line with agreed strategy & targets ensuring methods and assumptions used are appropriate and consistent with Group/Regional guidelines and reflect material regulatory requirements

• Provide scenario modelling and detailed analytical analyses & support, producing timely accurate and insightful outputs to enable decision making

• Monitor and analyse pricing performance and forecasting, report on findings and implement agreed corrective action plans

• Attend cross functional meetings to present the results of analysis and findings

• Assist with the coaching & development of team members to raise standards and expertise across the team

• Contribute to the development of new pricing approaches and techniques

• Build and maintain effective relationships with key stakeholders, both internal and external in relation to these portfolios

The Individual

• Individuals who can hit ground running ... with track record/experience in PL lines insurance and delivering pricing initiatives

• Some depth & breadth of experience in Personal Lines Household or Motor. Could be via consultancy/contracting background too (e.g. someone wanting to get into industry!)

• Past experience of working in pricing/statistical environment; strong numeracy skills and understanding of statistical analysis

• Technical skills are important given the markets in which we operate

• Needs exposure to/familiarity/appreciation of common approaches and processes used in PL pricing such as:
- Data manipulation (tools might be SQL, SAS/WPS)
- Multi-variate modelling (tools might be Emblem, Earnix, R)
- Rate deployment, impact assessments (tools might be Radar, Earnix)
- Portfolio management processes (e.g. forecasting financial performance, monitoring of pricing assumptions)
- Evaluation of pricing strategies
- Working within a control environment in line with internal policies, procedures, governance, regulatory and legislative requirements.

• Strong candidate will have appreciation of end-to-end pricing solution (e.g. data risk modelling, demand deployment)

Apply Now
If this sounds like a role you're interested in then please apply.

A welcoming, diverse and inclusive culture is an important element for RSA in our best-in-class ambition. RSA thrives when everyone feels comfortable bringing their best self to work. We celebrate difference, whilst striving to create an environment where colleagues feel respected and valued for their unique potential. Our commitment to diversity is sincere, continually growing and led right from the top.

If you require flexibility in when, where or how you work, we'd love to hear from you. We also want to ensure that you are supported throughout the application process to enable you to be at your best. If you require adjustments during your application process, please flag this on your application form.

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