Principal Pricing Analyst - Home Based

TieTalent; United Kingdom; Remote; GBP 60,000; Full time

Job summary

An exciting opportunity awaits as a Principal Pricing Analyst with a forward-thinking company. This fully remote role involves maintaining sophisticated pricing models, analyzing rating factors, and guiding pricing actions to achieve business objectives. The ideal candidate will have a strong background in insurance pricing, data science, and team management. Join a diverse and inclusive environment that values authenticity and supports your professional development. Enjoy flexible working hours, health benefits, and a generous pension scheme while making a significant impact in the insurance industry.

Benefits

Annual pay review

Performance bonus

25 days holiday plus bank holidays

Professional development opportunities

Health benefits including Virtual GP

Tusker Car Scheme

Generous pension scheme

Gym discounts

Cycle schemes

Retail discounts via Perkpal

Qualifications

• Experience in insurance pricing and data science.
• Strong numerical and analytical skills with problem-solving ability.

Responsibilities

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

Skills

Statistical Methods

Team Collaboration

Analytical Skills

Problem Solving

Communication Skills

Education

Bachelor's Degree in Numerical Subject

Tools

WTW Radar

WTW Emblem

SAS Enterprise Guide

SQL

Python

Job description

1 week ago Be among the first 25 applicants

About

Principal Pricing Analyst - Home Based, United Kingdom

Salary: Up to £60,000

An exciting opportunity has arisen to join our Personal Lines Pricing department as a Principal Pricing Analyst.

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.

We’re looking for a candidate with a few years' experience in insurance pricing who is eager to take on more responsibility. The ideal candidate enjoys applying statistical methods to solve problems, collaborates well within a team, and strives to develop their skills.

This role is fully remote, so it can be performed from home. If you prefer, you can also work from our office!

What will I be doing?

• Maintain and develop sophisticated pricing models and price optimisation techniques
• Analyze, evaluate, and assess new rating factors, developing pricing structures that utilize them
• Guide the business in determining pricing actions to achieve objectives
• Acquire and maintain in-depth knowledge of pricing and analysis tools such as WTW Radar, WTW Emblem, SAS Enterprise Guide, SQL, and Python
• Automate, streamline, and document pricing processes to maximize efficiency
• Present technical proposals to key stakeholders as part of our governance process
• Manage certain processes and liaise with relevant stakeholders internally and externally
• Manage and support the career development of your team members

Qualifications and experience

• Either a 2:1 bachelor’s degree or higher (or equivalent) in a numerical subject, or equivalent experience
• Understanding of General Insurance underwriting principles
• Proven experience in the General Insurance industry
• Experience in Data Science, Pricing, or Actuarial functions
• Knowledge of statistical and mathematical techniques applied to insurance pricing, risk selection, and analysis
• Experience managing a team, with the ability to motivate and engage
• Strong numerical and analytical skills with problem-solving ability
• Excellent communication and interpersonal skills
• Ability to present technical information to both technical and non-technical stakeholders
• Ability to work independently and manage workload effectively

We understand some candidates may hesitate to apply if they do not meet all criteria. At Covéa, we promote diversity and inclusion and encourage all interested applicants to apply, even if they do not fully meet every requirement.

What’s on offer?

• 36.25 hours per week with flexible working options
• Annual pay review and performance bonus
• 25 days holiday plus bank holidays, with holiday purchase/sell options
• Opportunities for professional development and training
• Support for mental, financial, and physical wellbeing through our Wellbeing group
• Health benefits including Virtual GP, eye tests, flu jabs, and private medical insurance options
• Tusker Car Scheme – salary sacrifice for a new, fully maintained car
• Generous pension scheme with up to 9% employer contribution
• Additional perks like gym discounts, cycle schemes, and retail discounts via Perkpal

Our Mission

We aim to create an inclusive, diverse environment where everyone can succeed. We celebrate differences and encourage authenticity at work. We are committed to fair recruitment processes and support reasonable adjustments for applicants.

Additional details

Salary: Up to £60,000

Working hours: 36.25 hours/week

Nice-to-have skills

• SQL
• Python
• Data Science

Work experience

• Data Analyst
• Product Owner / Product Manager
• Finance & Accounting

Languages

• English

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Marketing and Sales

Industries

• Technology, Information and Internet