
Portfolio Manager (Standard Motor Products)
- London
- Permanent
- Full-time
- Portfolio pricing accuracy for IHP Car and Van (with other portfolios to follow once ML integration is completed).
- Build and maintain excellent working relationships with key stakeholders within AZP.
- Identify Opportunities to adjust claims cost prediction models.
- Establish a statistically robust actual versus expected claims monitoring process.
- Run processes to detect segments where emerging claims information significantly differs from expectations.
- Recommend changes to technical cost models owned by the Pricing Technical Excellence team based on analysis and insight.
- Ensure our reported metrics are as accurate as they can be using the latest cost models and latest view of expenses when available.
- Be accountable for the quality of the output from your team, ensuring all recommendations are based on accurate data and insight.
- Ensure proposals are internally debated/challenged to achieve a technical excellent standard, leading to informed business decisions and presenting a range of scenarios where appropriate.
- Work extensively within WTW Radar to predict outcomes of various pricing and underwriting options and be able to confidently provide a recommendation to key stakeholders.
- Build and manage an appropriate MI suite to manage Portfolio performance.
- Educational Background: A bachelor's degree in finance, economics, actuarial science, business administration, or a related field. A master's degree or professional certifications (e.g. FIA, ACII) might be preferred.
- Technical Expertise: Proficiency in financial modelling, budgeting, and cost analysis, with an understanding of statistical models and their application in pricing.
- Proficiency in data analysis and statistical modelling tools (e.g. SQL, Python, WTW Radar).
- Strong problem-solving skills and attention to detail
- Excellent verbal and written communication skills to effectively interact with stakeholders and present findings.
- Business Acumen: Familiarity with UK insurance markets and insurance regulations, with the ability to identify market trends and opportunities.
- Leadership Skills: Proven track record in driving financial performance and ensuring compliance with regulations, and ability to lead a team effectively.
- Resilience – able to accept challenge and debate to decisions / recommendations with senior stakeholders.
- Flexible buy/sell holiday options
- Hybrid working
- Annual performance related bonus
- Contributory pension scheme
- Development days
- A discount up to 50% on a range of insurance products including car, home and pet
- Retail discounts
- Volunteering days