A growing specialist MGA are recruiting for a Pricing Director with proven leadership experience to join their passionate team.
Key Skills:
- 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
- Have the ability to consistently achieve high standards of quality customer focus
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 ratio
- 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 products.
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.
