Head of Pricing

Job Overview

Job Responsibilities

Leadership: 

• Manage and develop a pricing team to achieve strategic goals and enhance capability through the development of people and refinement of processes.
• Contribute to governance committees and strategy development.

Pricing Strategy Development: 

• Define and implement pricing strategies aligned with company objectives. 
• Coordinate, prepare and perform actuarial analyses relating to price adequacy to inform tactical action and strategic direction.
• Lead the effective development and implementation of technical pricing techniques across all lines of business including developing of new, and enhancement of existing, pricing structures.
• Develop insights through market research and internal data of customer behaviour and market dynamics to support decision making.
• Ensuring that pricing strategies and implementation comply with relevant regulations and company policies

Job Responsibilities

Stakeholder Collaboration: 

• Work closely with Underwriting management and other business areas to ensure pricing strategies are monitored and changes effectively implemented within a governance framework.
• Provide consultation, direction and technical expertise on actuarial models and risk issues.
• Assist both internal and external Governance stakeholders on pricing matters.

Education

Bachelor’s degree or equivalent with professional designation.

An experienced and qualified actuary (typically 5 years + PQE)

Experiences

Robust technical knowledge of general insurance pricing techniques and processes and analytical systems.

Competencies

• Strong experience in people management and an ability to lead and develop teams.
• Excellent communications skills together with the ability to influence colleagues, internal and external stakeholders and Board.
• Enthusiasm, drive and an attitude for making things possible.
• Strong knowledge regulatory environment and requirements.
• Highly organised with the ability to manage multiple conflicting priorities.

Benefits:

• Hybrid working – 2 days in the office / 3 days working from home
• Health Insurance subsidy for employee and family
• Wellbeing allowance
• Defined Contribution Pension Scheme
• Tax Saver Schemes  
• Lunch Allowance
• Discounts off home, car and travel insurance.
• Annual bonus
• Education support
• Free parking

MCC

This role is a Control Function (CF-1) and is subject to Fitness and Probity Standards and Corporate Governance Requirements.

This role sits within the Manager/Specialist pay grade in the Underwriting Department. 

Footer

FBD is proud to be an Equal Opportunity Employer. We welcome applicants of all ages, genders, ethnicities, cultures, religions, languages, sexual orientations, abilities, disabilities, and social backgrounds.

We are dedicated to fostering a diverse, equitable, and inclusive workplace where everyone is encouraged to bring their whole, authentic self to work. Our approach to inclusion is embedded in our hiring practices, pay structures, leadership development, and workplace policies. At FBD, we believe that when our people feel valued and supported, they thrive, and so does our business. We are proud to foster a culture of collaboration, respect, and shared success at every stage of your career.