Pricing Manager

Join us, be part of more. 

We’re so much more than an energy company. We’re a family of brands revolutionising how we power the planet. We're energisers. One team of 21,000 colleagues that's energising a greener, fairer future by creating an energy system that doesn’t rely on fossil fuels whilst living our powerful commitment to igniting positive change in our communities. Here, you can find more purpose, more passion, and more potential. That’s why working here is #MoreThanACareer. We do energy differently - we do it all. We make it, store it, move it, sell it, and mend it. 
 

About your team: 

At British Gas, our mission is to sell it and mend it.   

We’re the household heroes powering 1 in 3 homes in the UK – but supplying energy is just part of what we do. We’re making the UK’s homes greener and more energy efficient, together with our friends at Hive. By using their clever tech like thermostats, heat pumps, solar panels and EV chargers, we’re making it cheaper and easier to reduce your home’s carbon-footprint. And with our Peak Save programme, we’re actively rewarding better energy use too.

Pricing Manager

Flexible UK Locations with FlexFirst Hybrid working

As a Pricing Manager, you can expect to play an integral role in the development of pricing strategies for our market leading insurance products, for new and existing customers, learning advanced techniques in data analysis along the way. In return, we will provide excellent opportunities for the continued development of your commercial and analytical skills within a FTSE100 company.

Our Pricing team is a team that owns and delivers the pricing strategy for British Gas Services Products which include 4 main areas: Protection (Insurance for Boilers, Central Heating, Plumbing & Drains, Home Electrics, Kitchen Appliances etc.), Installation of new Boilers & appliances, Home Upgrades, and On-Demand one-off repairs & services.
This role is a Pricing Manager position within the Protection area - dealing mainly with Insurance contracts for UK homes, writing almost £1bn in annual Gross Written Premiums, across c. 3m customers.
The team consists of a mix of actuaries, data scientists, analytical professionals, systems & delivery experts.

About the role

In your role you will have some of the following accountabilities:

• Evaluate & understand pricing requirements and assess risks using actuarial techniques.

• Drive pricing coherence and compliance across the portfolio.

• Analyze financial impacts of actions like early terminations and cross-selling.

• Resolve cross-portfolio pricing issues and secure approval for price changes.

• Monitor competitiveness and profitability of product prices.

• Gather, clean, and analyze data to identify trends and variances.

• Develop and refine product development tools based on pricing frameworks.

• Collaborate with other functions to improve information management tools.

• Draft and present pricing papers for committee approval.

• Develop & nurture pricing strategies to meet customer needs and ensure profitability.

• Design, implement, and maintain pricing infrastructures.

• Evaluate and modify pricing strategies as needed.

• Provide reporting and documentation of pricing structures and handle internal pricing inquiries.

Here's what we’re looking for

You will have a genuine interest in insurance/retail pricing and analytical techniques and have pricing experience from an insurance environment. Highly numerate, you will have the potential to develop a strong technical skill-set. You'll represent our one team behaviours and be able to work accurately and reliably to sometimes tight deadlines. You'll need enthusiasm, a growth mindset, resilience and good interpersonal skills for collaborating. The ability to communicate pricing insights and recommendations in clear and simple terms is essential.

You will have a numerate qualification (STEM) and understand analytical techniques. Some knowledge of SQL & Python would be advantageous. The ability to travel to Windsor on a monthly basis is required.

Why should you apply?  
 
We’re not a perfect place – but we’re a people place. Our priority is supporting all of the different realities our people face. Life is about so much more than work. We get it. That’s why we’ve designed our total rewards to give you the flexibility to choose what you need, when you need it, making sure that you and your family are supported not only financially, but physically and emotionally too. Visit the link below to discover why we’re a great place to work and what being part of more means for you. 
 
https://www.morethanacareer.energy/britishgas 

If you're full of energy, fired up about sustainability, and ready to craft not only a better tomorrow, but a better you, then come and find your purpose in a team where your voice matters, your growth is non-negotiable, and your ambitions are our priority.

Help us, help you. We would love for you to share any information about yourself throughout our recruitment process so that we can better understand you and help shape your journey.