- Design and maintain pricing emulator to future-proof and keep pace with developments in core pricing system.
- Design and maintain processes to ensure suitable implementation of coefficients in core pricing system.
- Ongoing Algorithm development for existing and new cohorts as they become operational.
- Ensure wider business / stakeholders understand importance of pricing emulator and need to have this regularly developed.
- Build, test & run pricing emulator to ensure coefficients are implemented in line with plan.
- Proactively work with release team in MEDD team to ensure smooth implementation of releases with correct level of testing oversight.
- Engage with internal stakeholders from all divisions to ensure that there is awareness of pricing process recommendations and the reasons for these.
- Liaise with and assist the wider underwriting and pricing team with implementation of potential new factors / ways of pricing.
- Provide assistance with pricing changes in conjunction with Digital and Change, making sure changes proceed as planned, answering any queries relating to progress and attending change meetings.
- Up to 15% discretionary annual bonus
- Annual performance-related pay review
- 11% pension contribution (3% from you, 8% from us optional additional matched 3% contributions, e.g. 6% from you, 11% from us)
- 25 days annual leave plus flexible bank holidays (option to buy/sell 5 days)
- Private Medical Cover
- Career development and progression opportunities 22% of our vacancies in 2023 were filled internally
- A truly flexible hybrid-working arrangement (take a look at below to find out more about how we work)
- A culture that promotes inclusivity, wellbeing and rewards hard work
- Paid volunteering day
- Car Salary Sacrifice scheme
- Healthcare cash plan
- 6x salary death in service
- A personal GP service enabling you to get a video consultation with a NHS-registered private GP
- Employee Assistance Programme
- A range of shopping discounts from major high-street retailers
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Developer - City, United Kingdom - Medical Protection Society
Description
Pricing Systems Developer
Job Introduction
Are you passionate about designing, developing, and maintaining pricing systems that drive business success? MPS is seeking a skilled Pricing Systems Developer to join the team and play a crucial role in managing rating coefficients across the UK and Ireland portfolio.
In this pivotal role, you will spearhead the precise implementation, rigorous testing, and seamless updating of pricing coefficients to ensure they harmonise with ratified pricing decisions and control frameworks. Your expertise will be instrumental in propelling MPS towards sustainable growth and financial resilience as we map out our long-term strategic vision.
This role marks an exhilarating chapter in our journey as we expand the team to accommodate the current business landscape and propel our pricing strategies into the future. We are looking for an individual who can work collaboratively with senior stakeholders, contribute positively and effectively to change, lead on projects and foster relationships with external partners.
This role offers the opportunity to engage in interesting and key projects that directly impact the success of the business, contributing significantly to our growth trajectory.
You will have the advantage of working alongside an experienced Pricing Systems Developer who will provide invaluable support and training. This is a chance to grow your expertise in pricing systems development and make a tangible difference in the strategic outcomes of MPS.
Role Responsibility
The Ideal Candidate
Are you a master problem-solver with a knack for innovation and an eye for detail - seeing what others might miss? The ideal candidate for the Pricing Systems Developer role will have the ability to juggle multiple tasks seamlessly and perform flawlessly under pressure. If you thrive on unravelling complex challenges with logical precision and have a track record in developing and/or managing insurance systems (bonus if this is Sapiens IDIT), then you might be the one we're looking for
A background in analytics or data governance is key to success in this role, as will be your proficiency in systems implementation, analysis, and testing. Whether you hold a numerical degree or boast hands-on experience in managing intricate data sets and databases, your expertise will be pivotal in shaping the future of our pricing strategies at MPS.
Your expertise in advanced T-SQL coding, such as macro language, dynamic SQL, and system stored procedures, will be a game-changer in driving our pricing systems to new heights. Extensive experience in leveraging analytics to design and execute business strategies in a high-energy environment is a must, along with a keen sense of business analysis and commercial acumen.
Package Description
About the Company
The Medical Protection Society Ltd (MPS) is the world s leading protection organisation for Doctors, Dentists and healthcare professionals. We protect and support the professional interests of almost 300,000 members around the world.
We are a not-for-profit organisation, meaning member s subscriptions are either invested into bettering the organisation, colleagues and products, or kept safe should members require support for complaints or claims arising from professional practice.
Our philosophy is to support safe practice in medicine and dentistry by helping to avert problems in the first place. We also actively campaign for regulatory and legal reforms that benefit members and the wider healthcare professions.
To do this, we need colleagues who are trusted and supported to deliver their best work, whether that be through leadership development, fully funded training courses or peer-to-peer support. We want colleagues to feel empowered to deliver positive change, display ambition to push themselves and be determined when faced with a challenge, whilst ensuring members best interests are at the core.
Pricing Systems Developer