Pricing Analyst- Insurance

Pricing Analyst- Insurance

£30K- £50K

Once a week in London

My Client is on the search for a Technical Pricing Analyst to develop models and drive innovation in their pricing practices.

Key Responsibilities:

• Develop and implement competitive pricing strategies to maximise quote volume and conversion rates
• Analyse net loss ratio and implement changes to achieve target position.
• Perform detailed analysis of sales data and customer demographics to identify trends and opportunities for improvement
• Use statistical and machine learning techniques to refine pricing models and ensure alignment with market conditions
• Prepare regular reports and presentations for senior management, highlighting performance trends and recommending pricing adjustments to achieve goals
• Work closely with the Commercial team to align pricing strategies with sales targets and any partner requirements
• Liaise with the Product and Underwriting teams to ensure that pricing changes are consistent with product coverage and regulatory requirements
• Support the retail team with pricing changes and model improvements

Key Requirements:

• Experience within General Insurance is essential
• Degree in Mathematics, Statistics, Economics, Actuarial Science, or a related quantitative field
• Experience in building technical risk models
• Proficient in data analysis tools such as SAS, SQL, Python, R etc
• Proficient in pricing software (e.g. Earnix, Akur8, Emblem, Radar etc ) and rating engines is a strong advantage
• Understanding of statistical modelling techniques
• Strong analytical mindset with the ability to interpret complex data and make data-driven decisions
• Excellent attention to detail and the ability to identify trends and anomalies in large datasets
• Strong written and verbal communication skills, with the ability to present complex information clearly to both technical and non-technical stakeholders
• Proven ability to work collaboratively in cross-functional teams and build and sustain strong working relationships with a variety of stakeholders

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Please note- Sponsorship not available