Average Pricing Manager salary in the UK

Principal Pricing Analyst Salary: £65,000 - £70,000 + benefits An exciting opportunity has arisen for a Principal Pricing Analyst to join a market-leading insurance pricing function. This is a senior role offering high visibility, technical depth and the chance to influence pricing strategy across multiple products. You will work closely with Pricing, Data Science and wider business teams to develop and embed best-practice pricing and forecasting approaches. The role combines hands-on technical delivery with stakeholder engagement, project leadership and continuous improvement. Key Responsibilities Build and maintain automated processes to project claims to ultimate, including robust claims monitoring frameworksEnsure forecast inputs are robust through close collaboration with stakeholdersCoordinate the rollout of a new pricing forecast across all productsPartner with Technical Pricing teams to ensure premium models reflect the latest view of riskStay up to date with actuarial best practice, industry trends and competitor insightsProvide clear guidance on the interpretation and limitations of pricing forecastsDrive innovation in forecasting approaches to improve accuracy and efficiency, including the use of data science techniquesMaintain high standards of model governance and documentation Essential experience: Significant experience in insurance pricing and/or reservingStrong working knowledge of actuarial methods and principles, ideally within pricingExperience using Emblem softwareKnowledge of price optimisation and the general insurance regulatory environmentAdvanced Excel and MS Office skillsProven ability to manage projects from inception to deliveryA passion for knowledge sharing and developing others within pricing teams Desirable experience: Actuarial qualification (or working towards)Experience with GLMs, GBMs and other modelling techniques used in pricingKnowledge of Radar or similar pricing toolsFamiliarity with Agile project delivery Reasonable Adjustments: Respect and equality are core values to us. We are proud of the diverse and inclusive community we have built, and we welcome applications from people of all backgrounds and perspectives. Our success is driven by our people, united by the spirit of partnership to deliver the best resourcing solutions for our clients. If you need any help or adjustments during the recruitment process for any reason, please let us know when you apply or talk to the recruiters directly so we can support you.

Job Title: Senior Pricing Analyst 6 Month FTC(With the possibility of going permanent) Reports To: Head of Pricing Location:Warwickshire (Hybrid) Salary: £40,000 - £60,000 p.a. (Depending on Experience) About the Role: A fantastic opportunity has arisen for a Senior Pricing Analyst to join my client, a fast-paced, commercially driven organisation based in the Warwickshire region. This role is a pivotal role within the pricing function, with a responsibility for leading the development, governance, and continuous improvement of pricing models and analytical tools that directly influence commercial performance. You'll combine hands-on technical expertise with strategic insight, ensuring pricing issues are identified, investigated, and resolved efficiently. This role is ideal for someone who enjoys owning complex analytical frameworks, shaping pricing strategy, and influencing decision-making across a broad stakeholder group. Key Responsibilities: Lead the management, enhancement, and governance of the business's pricing model and associated analytical tools.Analyse pricing data, sales trends, industry benchmarks, and competitor activity to provide actionable recommendations to commercial leaders.Design and oversee the development of advanced analytical and measurement tools to identify market shifts and emerging pricing opportunities.Maintain, automate, and optimise Python and Excel-based pricing tools and databases to ensure accuracy, scalability, and alignment with commercial strategy.Implement data-driven pricing interventions that balance margin optimisation with market competitiveness.Conduct regular pricing performance reviews, identifying root causes, risks, and opportunities to support business-wide decision making.Collaborate closely with commercial, sales, finance, and operational teams to ensure pricing logic is understood, adopted, and effectively executed. Skills, Experience & Qualifications: Advanced Excel skillsExpertise in Power BI (or similar BI tools) for visualisation and reporting.Proficiency in Python for data analysis, modelling, and automation.Strong experience with SQL for data extraction, manipulation, and database management.Strong foundation in business, finance and mathematics with the ability to apply analytical techniques to pricing and commercial decision making.Proven ability to translate complex technical models into clear, actionable insights for non-technical stakeholders.Confident communicator able to challenge, influence, and collaborate across commercial, sales, finance, and operational teams.Experience with ERP pricing systemsBackground working for a fast paced, multi-site organisation is advantageous. Why This Role? High-impact position with visibility across the commercial organisationOpportunity to shape pricing strategy and analytical capabilityHybrid working model offering flexibility and balanceA fast-paced environment where your expertise will directly influence performance A quick start can be available for the right person. If you feel you meet the requirements of my client, we'd love to hear from you! We are happy to provide application and/or accessibility support, please contact your Marks Sattin or Grafton consultant directly to discuss your needs. We're committed to protecting the privacy of all our candidates and clients, please visit https://privacy and https://en/privacy-policy-1 for our privacy policy.

A unique end-to-end pricing role has arisen at a premium-listed specialist motor insurer. They have a diversified, multi-channel distribution strategy, selling policies through a broad broker network and Direct Brands.Established over 40 years ago, they have grown into a focused, high-margin underwriting business specialising in Private Car, Van, Taxi and Motorcycle insurance. In December 2024, they launched Ambition 2030, targeting profit of at least £80 million by the 2030 financial year.These plans are driven by disciplined growth in core motor, expansion of motorcycle offerings, and continued focus on controlled expenditure—staying true to their DNA of high-margin underwriting.They're seeking an experienced UK motor pricing professional to lead hands-on analytics that shape commercial and strategic decision-making. Working closely with the Chief Actuary, you’ll drive pricing performance, develop predictive models, and influence how pricing insight is delivered across the business. This is a high-impact role for someone who enjoys combining technical depth with commercial ownership in a fast-moving, data-driven environment.You’ll take ownership of monthly pricing changes, performance monitoring and market analysis, while continuously improving modelling, automation and governance standards. You’ll also play a key role in identifying new opportunities, managing risk, and supporting long-term profitability and strategic initiatives.Key Requirements 5+ years’ experience in UK motor pricing within a commercial insurance environment.Strong track record building, reviewing and deploying pricing models into production.Advanced analytical capability with solid understanding of GLMs, statistical modelling and pricing methodologies.Strong programming skills (SAS essential; machine learning experience desirable).Experience conducting rate reviews and monitoring pricing performance.In-depth knowledge of the UK motor insurance market and relevant regulation.Logical, structured problem-solver with high attention to detail and accuracy.Confident communicator able to translate complex analysis into clear commercial insight.Comfortable working independently while collaborating across teams and influencing senior stakeholders.Degree in a quantitative discipline; qualified actuary desirable but not essential. If you’re an experienced and ambitious insurance pricing professional ready to shape pricing strategy and drive profitable growth, we’d love to hear from you — don’t miss out on applying.