Pricing & Innovation at hyperexponential
The hyperexponential Pricing and Innovation team are focused on helping our customers achieve excellence in pricing through their use of hx Renew, our market-leading SaaS pricing platform. We look at pricing model deployment holistically, understanding what best in class looks like and finding ways to enable it across our customer base.
Our ambition is to help bring forward next generation pricing and underwriting to today by combining advanced technology with a strong understanding of the business needs and challenges of the Specialty and Reinsurance markets.
We are also constantly looking to identify potential spaces for innovation in the insurance space which will provide significant value to our customers. This can take the form of partnerships with other tech companies, or working with customers to drive innovative uses of the hx Renew platform.
Your mission
The Pricing and Innovation team are looking to build out a Pricing benchmarking capability that will serve both our existing customer base and potential customers. This benchmarking will be a deep dive on the strengths and weaknesses of the Actuarial pricing function on a number of key dimensions and will help our customers to understand their current position in the market compared to their peers.
You will be responsible for rolling this benchmarking out by leveraging existing in house expertise on best in class pricing and combining it with a structured scalable interview data collection process to create an asset that provides significant value within the market and to hyperexponential’s customers.
Key responsibilities
Drive value consulting amongst our customer base by running and owning workshops focused on Pricing capability assessment and Pricing transformation
Manage engagement with senior stakeholders amongst hyperexponential customers in workshops and wider engagements
Aggregate data to develop industry insights and benchmarks for the benefit of our customers and the broader industry
Collaborate with teams across hyperexponential - especially Marketing and Sales - to ensure that the full value of your insights and benchmarking is leveraged for ongoing customer engagements as well as wider leads generation
Provide wider support to Pricing and Innovation team projects focused on improving the pricing capabilities of our customers and the value they receive from our product - hx Renew
Persona
If you're the right fit for this role, you will be able to show clear evidence that you are:
A self-starter with the ability to own/drive their own initiatives and those of the business.
Someone who delivers on commitments - sets yourself ambitious goals and achieves them
Team player who likes to work in a fast, challenging and yet rewarding environment. We win and fail as a team
Highly data-driven and results-oriented
Unwaveringly enthusiastic - because being the first to do this in an industry can be challenging!
A good listener - someone who can take on feedback and respond to what the audience wants
Organised and a good planner - able to manage engagements with multiple stakeholders in parallel
Inquisitive - understand our clients and the business so that you can help and guide them.
Persistent and confident in your approach (but without ever being arrogant!)
Experience and skills
Essentials
Experience within a (re)insurer or insurance brokerage working closely with or in transformation, or a consulting firm with some experience on Insurance engagements
Experience in proactively taking on ownership of work within a project team to ensure successful delivery of the wider team
Excellent ability in Microsoft Office, particularly in PowerPoint and Excel
Excellent communication and people skills, with a strong emphasis on collaborative teamwork
Customer - engagement
Data analysis - identify trends - play them back
Running workshops
Organising workshops, executing them,
Gain feedback from customers and iterate on the workshops
Desirable Skill Set Examples
Experience working in Agile delivery frameworks, especially in Insurance environments, including Scrum
Ability to understand Project and Programme management disciplines including production of project plans, key quality Programme deliverables and working and delivering to strict time constraints
Interview Process
Initial call with our Talent team to kick things off
Interview with our Head of Pricing & Innovation
Skills-based presentation interview
Values Interview
We offer!
What do we offer?
Competitive salary + very staff-friendly EMI share options
£5,000 for individual and group training and conference budget
25 days’ holiday plus 8 bank holiday days (33 in total)
Company pension scheme via Penfold
Mental health and therapy provision via Spectrum.life
Individual wellbeing allowance via Juno
Private healthcare insurance through AXA
Top-spec equipment (laptop, screens, adjustable desks, etc)
Regular remote & in-person hackathons, lunch & learns, socials and games nights
Team breakfasts and lunches, snacks, drinks fridge, fun office @ The Ministry
Huge opportunity for personal development and mastery as we grow together!
Stay up to date with our news and updates via our blog: https://www.hyperexponential.com/blog
Please note that background checks will be conducted as part of the hiring process to ensure compliance with our governance policies. We handle all background checks sensitively and in full compliance with relevant regulations. All applicant data will be processed in accordance with data protection regulations and our privacy policy.
