Senior Pricing Analyst - Halifax; Home Based

TieTalent; Halifax; On-site; GBP 45,000; Full time

Job summary

An established industry player is seeking a Senior Pricing Analyst to join their dynamic team in Halifax. This role involves developing pricing models and optimizing pricing strategies for commercial lines of business. The ideal candidate will leverage their expertise in machine learning and analytical techniques to drive effective pricing actions, while also collaborating closely with stakeholders. With a strong focus on professional development and a commitment to employee wellbeing, this company offers a supportive environment where you can thrive and make a significant impact in the insurance sector.

Benefits

Flexible Working Options

Annual Pay Review

25 Days Holiday

Professional Development

Health Benefits

Tusker Car Scheme

Generous Pension Scheme

Gym Discounts

Cycle Schemes

Retail Discounts

Qualifications

• Experience in general insurance pricing or related technical functions.
• Strong numerical and analytical skills with attention to detail.

Responsibilities

• Maintain and develop sophisticated pricing models and optimization techniques.
• Analyze new rating factors and develop pricing structures.

Skills

Machine Learning

SQL

Python

Numerical Analysis

Communication Skills

Analytical Skills

Education

Bachelor's Degree in a Numerical Subject

Tools

WTW Radar

WTW Emblem

SAS Enterprise Guide

Job description

About

Senior Pricing Analyst - Halifax, United Kingdom

Salary: Up to £45,000 (Dependent on Experience)

Covéa Insurance offers a wide range of home, motor, and commercial insurance backed by our award-winning customer service. Our purpose is to "help protect people against the worst happening and put it right if it does". It's the reason we are here, and it’s the task we all focus on every day.

An exciting opportunity has arisen to join our Technical Personal Lines team as a Senior Pricing Analyst, focusing on the technical pricing of commercial lines of business. We’re looking for a candidate who has a few years’ experience working in insurance pricing and is looking to take on more responsibility.

The ideal candidate enjoys applying machine learning and other analytical techniques to solve problems, is keen to collaborate within a team, and is constantly striving to develop their skills.

What will I be doing?

Role

Your role in technical pricing will vary daily. Here are some of the key responsibilities:

1. Maintain and develop sophisticated pricing models and price optimization techniques.
2. Analyze, evaluate, and assess new rating factors and develop pricing structures utilizing them.
3. Guide the business in determining the pricing actions required to meet objectives.
4. Acquire and maintain in-depth knowledge of pricing and analysis tools such as WTW Radar, WTW Emblem, SAS Enterprise Guide, SQL, and Python.
5. Automate, streamline, and document pricing processes for efficiency.
6. Present technical proposals to stakeholders as part of sign-off and governance processes.
7. Manage certain processes and liaise with relevant stakeholders internally and externally.
8. Manage and develop your line reports' careers.

What would we like to see in you?

• A 2:1 bachelor’s degree or higher in a numerical subject or equivalent experience.
• Experience in general insurance pricing, underwriting, or related technical functions.
• Experience applying machine learning, statistical, and mathematical techniques in insurance pricing, predictive modeling, and analytics.
• Strong numerical and analytical skills with attention to detail.
• Excellent communication skills for presenting to technical and non-technical stakeholders.
• Self-motivated, capable of working independently or in a team, managing time effectively under pressure.
• Drive to improve and demonstrate core company values.
• Experience analyzing data with actuarial or analytical techniques, or working in UK personal or commercial lines underwriting, is advantageous.

We encourage applications from candidates who do not meet all criteria, as we value diversity and inclusion.

What’s on offer?

• 36.25 hours/week with flexitime and flexible working options.
• Annual pay review and performance bonus.
• 25 days holiday plus bank holidays, with buy/sell holiday options.
• Professional development through training, qualifications, and apprenticeships.
• Support for mental, financial, and physical wellbeing.
• Health benefits including Virtual GP, eye tests, flu jabs, and private medical insurance.
• Tusker Car Scheme — salary sacrifice for a fully maintained car.
• Generous pension scheme with employer contributions up to 9%.
• Additional benefits like gym discounts, cycle schemes, and retail discounts via Perkpal.

Our Mission

We aim to create inclusive, engaged teams that celebrate diversity. We are a Disability Confident Employer and support reasonable adjustments during recruitment.

Salary: Up to £45,000 (Dependent on Experience)

Working Hours: 36.25 hours/week

Nice-to-have skills

• Machine Learning
• SQL
• Python

Work experience

• Data Scientist
• Data Analyst

Languages

• English