Graduate Pricing Analyst

Admiral Group Plc; Cardiff; Hybrid; GBP 25,000 - 30,000; Full time

Job summary

Admiral Group Plc is seeking enthusiastic Graduate Pricing Analysts to join their Motor Pricing team in Cardiff, starting in September 2025. This role involves running pricing models and recommending rate changes based on statistical analysis of data. Candidates should have at least a 2.1 degree in Mathematics or a strong numerical background in STEM fields. With a hybrid working arrangement and numerous benefits including a supportive culture, this position offers substantial opportunities for career growth within the organization.

Benefits

33 days holiday including bank holidays

Up to £3,600 of free shares after one year

Option to buy or sell additional annual leave

Qualifications

• 2.1 or above in a Mathematical degree or strong numerical background from other STEM disciplines.
• Demonstrable ability to combine analytical thinking based on numbers.
• Strong communication and interpersonal skills.

Responsibilities

• Running pricing models using statistical tools.
• Making proposals for improvements to rating structure.
• Finding correlations in customer behaviour through data analysis.

Skills

Analytical thinking

Communication

Detail-oriented

Education

Mathematical degree

STEM disciplines

Job description

We're seeking enthusiastic and ambitious Graduate Pricing Analysts with a passion for numbers to join our Motor Pricing team in September 2025, contributing to the success of our award-winning motor insurance product.

What do Pricing do?

Our Pricing Department is a fundamental cornerstone of the successful growth of our business. Pricing determine and adjust the prices we charge our customers through logic-based reasoning and statistical analysis. Pricing Analysts will build and run pricing models and make recommendations for rate changes and are responsible for setting the rates which create competitive prices for our customers.

As a Graduate in Pricing, you could be involved in:

• Running pricing models using statistical tools and understanding the numbers within those models
• Having responsibility for making proposals for potential improvements to our products’ rating structure and other business-critical decision-making processes
• Unearthing value from both in-house and external data sets by cooperatively finding correlations in customer behaviour and fraudulent activity
• Working together with our colleagues, including teams overseas, to make proposals to improve the pricing structure in our international operations

Please note, this is not a rotational graduate programme with different placements/rotations.

Essential Qualifications and Skills required

Qualifications

• 2.1 or above in a Mathematical degree
• If you do not have a Mathematics degree, we are open to other STEM disciplines, subject to demonstrating a solid numerical academic background, which is essential for this role

Attributes / Skills

• Demonstrable ability to combine analytical thinking based on numbers, together with common sense and imagination
• Strong communication and interpersonal skills
• A willingness to dive into detail

This is not a Data Science or Actuarial role. If you are seeking these, there may be other opportunities available throughout the year and you can sign up to receive job alerts.

Location

We have a hybrid working approach, in this role you are expected to attend the office twice a week Ty Admiral, Cardiff (please note, travel expenses are not covered).

Development and progression

We’re a big believer in personal development and preparing you for success in this role as well as your next. We’ll provide a range of on-the-job training as well as other opportunities to learn all the key skills you’ll need. There is fantastic opportunity for progression and development from this role, presenting opportunity to speedily progress your career within Pricing at Admiral.

We offer a steady career growth path with many of our previous graduates progressing to leadership roles involving regular contact with some of our most senior managers.

Thanks to our business's culture and structure, the skills and experience developed within our Pricing teams would be transferable to other analytical departments as we grow our product portfolio.

Admiral: Where You Can

We take pride in being a diverse and inclusive business. It's a place where you can Be You, and show up as you are. We’re committed to fostering a people-first culture where everyone is accepted, supported, and empowered to be brilliant. You can, Grow And Progress at a pace and direction that suits you, Make A Difference for our customers and each other, and Share in Our Future with all colleagues eligible for up to £3,600 of free shares each year after one year of service.

Everyone receives 33 days holiday (including bank holidays) when they join us, increasing the longer you stay with us, up to a maximum of 38 days (including bank holidays). You also have the option to buy or sell up to an additional five days of annual leave.

We’re proud of our people-first culture. In fact, we've been recognised as a Great Place to Work for Women, a Great Place to Work for Wellbeing, and an overall Great Place to Work for over 25 years! We’re fully committed to making sure your progression is not slowed or halted by barriers related to race, gender, age, sexuality or any of the protected characteristics.

Our fantastic benefits make sure our colleagues have a great work-life balance; You can view some of our other key benefits here.

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