Zego

Retail Pricing Manager – Motor

7 October 2024
Apply Now
Deadline date:
£120000 / year

Job Description

At Zego, we know that traditional motor insurance holds good drivers back. It’s too complicated, too expensive, and it doesn’t take into account how well you actually drive. 

That’s why, since 2016, we’ve been on a mission to change all of that. Our mission at Zego is to offer the lowest priced insurance for good drivers.

From van drivers and gig workers to everyday car drivers, our customers are our driving force — they’re at the heart of everything we do.

We’ve sold tens of millions of policies so far, and raised over $200 million in funding. And we’re only just getting started…

Purpose of the role

As a Retail Pricing Manager at Zego, you will play a critical role in driving the company’s pricing strategy, with a direct impact on key business growth lines. You will own the end-to-end pricing process for a diverse range of motor products, ensuring that pricing decisions align with our innovative, data-driven business model. As a senior member of the team, you will lead the development of pricing models, support cross-functional teams, and act as a thought leader, driving the adoption of cutting-edge techniques within the pricing domain. Your role will be essential in scaling our pricing function as we continue to grow across the UK and European markets.

What you will be working on

  • Collaborate with the Lead Pricing Manager to implement strategic pricing decisions for new and existing motor products.
  • Manage the launch pricing for innovative insurance products such as pay-as-you-go motor insurance, tailoring strategies for multiple markets.
  • Monitor and assess performance, ensuring rate adequacy across the product portfolio, providing recommendations for adjustments based on data insights.
  • Contribute to the adoption of advanced pricing techniques, including telematics and data science methods, and support innovation within the pricing function.
  • Work cross-functionally with sales, product, data science, account management, and leadership to provide insights and achieve business objectives.
  • Assist in mentoring junior team members, contributing to a collaborative and high-performance culture.

What you will need to be successful in the role

  • Proven experience in a pricing role, with a strong background in motor or insurance sectors.
  • A track record of managing pricing strategies, with a creative mindset and willingness to challenge traditional pricing methods.
  • Strong analytical and technical skills; proficiency in SQL, Python, R, or equivalent is required, with experience in data-driven approaches.
  • Excellent communication skills, with the ability to present complex technical information to non-technical stakeholders and influence key decision-makers.
  • Ability to balance commercial objectives with pricing integrity and maintain a high level of analytical rigor.
  • Experience in mentoring or coaching junior team members, fostering collaboration within the team.

What is it like to work at Zego?

Joining Zego is a career-defining move. People go further here, reaching their full potential to achieve extraordinary things.

We’re spread throughout the UK and Europe, and united by our drive to get things done. We’re proud of our company and our culture – a friendly and inclusive space where we can lift each other up and celebrate our wins every day.

Together, we’re setting the bar higher, delivering exceptional work that makes a difference. Our people are the most important part of our story, and everyone here plays a role. There’s loads of room to learn and grow, and you’ll get the freedom to steer your career wherever you want.

You’ll work alongside a talented group who embrace each other’s differences and aren’t afraid of a challenge. We recognise our achievements, learn from our mistakes, and help each other to be the best we can be. Together, we’re making insurance matter.

How we work
We believe that teams work better when they have time to collaborate and space to get things done. We call it Zego Hybrid.

Our hybrid way of working is unique. We don’t mandate fixed office days. Instead, we foster a flexible approach that empowers every Zegon to perform at their best. We ask you to spend at least one day a week in our central London office (next to Liverpool Street). You have the flexibility to choose the day that works best for you and your team. We cover the costs for all company-wide events (3 per year), and also provide a separate hybrid contribution to help pay towards other travel costs. We think it’s a good mix of collaborative face time and flexible home-working, setting us up to achieve the right balance between work and life.

Benefits

We reward our people well. Join us and you’ll get a market-competitive salary, private medical insurance, company share options, generous holiday allowance, and a whole lot of wellbeing benefits. And that’s just for starters.

We’re an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of race, religion, national origin, gender, sexual orientation, age, marital status, or disability status.

#LI-Hybrid

#LI-IL1