Pricing Analyst

Maxwell Bond; Greater London; Hybrid; GBP 72,000 - 88,000; Full time

Benefits offered by this job

24/7 mental health support

Career progression

Job summary

Maxwell Bond is seeking a Pricing Analyst in London to join a fast-growing UK insurance business investing in pricing capability, data science, and analytics. The role sits hybrid in London with two days onsite and involves developing pricing strategies and advanced models to drive profitability across motor insurance products.

You’ll work with actuaries and data scientists to analyze data, build predictive models, and present insights to stakeholders.

Qualifications

• Strong Python and SQL skills.
• Strong statistical and analytical ability with experience in statistical modelling.
• Pricing experience in insurance or financial services.
• Actuarial experience or progress towards actuarial exams would be highly relevant.
• Motor insurance pricing experience desirable.
• Strong mathematics and statistics skills.
• Clear communication with technical and non-technical stakeholders.
• Degree in Mathematics, Statistics, Actuarial Science, or related quantitative discipline desirable.

Responsibilities

• Analyse pricing and insurance data to identify trends and opportunities.
• Develop statistical and predictive models to support pricing decisions.
• Support pricing and underwriting teams with data-driven insight.
• Work with large datasets and translate analysis into commercial recommendations.
• Support model development, testing and validation.
• Present findings and recommendations to technical and non-technical stakeholders.
• Work closely with the wider data, pricing and underwriting teams.
• Develop statistical and pricing models to improve risk cost predictions and profitability forecasting.
• Identify opportunities for pricing optimisation, product growth, and improved customer outcomes.
• Apply innovative analytical techniques and machine learning approaches to solve complex pricing challenges.

Skills

Python

SQL

Statistical modelling

Data analysis

Communication

Education

Mathematics/Statistics degree

Job description

PricingAnalyst

Location:London(Hybrid-2daysaweekonsite)

Salaryupto£80,000DOE

We'reworkingwithafast-growingUKinsurancebusinessthatisinvestingheavilyinpricingcapability,datascience,andanalytics.ThisisanexcitingopportunityforaPricingAnalysttojoinahigh-performingpricingteamandplayakeyroleinshapingpricingstrategy,developingadvancedmodels,anddrivingcommercialperformanceacrossmultiplemotorinsuranceproducts.

Workingalongsideexperiencedactuariesanddatascientists,you'llcontributetobusiness-criticaldecisionsthroughadvancedstatisticalanalysis,predictivemodelling,andpricinginnovation.

WhatyouwillbedoingastheirPricingAnalyst:

• Analysepricingandinsurancedatatoidentifytrendsandopportunities.
• Developstatisticalandpredictivemodelstosupportpricingdecisions.
• Supportpricingandunderwritingteamswithdata-driveninsight.
• Workwithlargedatasetsandtranslateanalysisintocommercialrecommendations.
• Supportmodeldevelopment,testingandvalidation.
• Presentfindingsandrecommendationstotechnicalandnon-technicalstakeholders.
• Workcloselywiththewiderdata,pricingandunderwritingteams.
• Developstatisticalandpricingmodelstoimproveriskcostpredictionsandprofitabilityforecasting.
• Identifyopportunitiesforpricingoptimisation,productgrowth,andimprovedcustomeroutcomes.
• Applyinnovativeanalyticaltechniquesandmachinelearningapproachestosolvecomplexpricingchallenges.

Whatwearelookingfor:

• StrongPythonandSQLskills.
• Strongstatisticalandanalyticalability,withexperiencewithstatisticalmodelling
• Pricingexperience,ideallywithininsuranceorfinancialservices.
• Actuarialexperienceorprogresstowardsactuarialexamswouldbehighlyrelevant.
• motorinsurancepricingexperienceisdesirable
• Strongmathematicsandstatisticskills.
• Communicatesclearlywithtechnicalandnon- technicalstakeholders.
• DegreeinMathematics,Statistics,ActuarialScience,orarelatedquantitativedisciplineisdesirable.

Salaryupto£80,000DOE,Hybridworking-2daysaweekonsiteinLondon,ClearProgressionwithinthecompany,24/7mentalhealthsupport,+muchmore!