Pricing Analyst

Markerstudy Group; Peterborough, Manchester, Stoke-on-Trent, Sefton; Hybrid; GBP 40,000 - 56,000; Full time

Job summary

Markerstudy Group is seeking a Pricing Analyst in the UK to support pricing solutions, develop predictive models, and influence strategic pricing decisions across our insurance portfolio.

You will work with the Modelling & Optimisation Pricing Team to ensure pricing approaches meet business objectives, analyse data from diverse sources, and mentor junior colleagues in a flexible hybrid environment.

Qualifications

• Experience in general insurance preferred.
• Familiarity with retail pricing concepts.
• Experience in statistical and data science languages (PySpark, SQL, Python, R).
• Quantitative degree in Mathematics/Statistics/Engineering/Physics/CS/Actuarial Science.
• Radar software experience preferred but not essential.
• Good commercial acumen.
• Able to communicate results concisely, both verbally and in writing.
• Ability to analyse and interpret data from multiple sources.

Responsibilities

• Support the delivery of pricing solutions.
• Provide input into pricing processes and champion continuous improvement.
• Combine pricing expertise with commercial acumen to optimise P&L outcomes.
• Ensure activity complies with pricing governance and controls.
• Collaborate with Modelling & Optimisation Pricing Team to align models with objectives.
• Manage relationships with key stakeholders across the business.
• Mentor and coach junior team members.

Skills

PySpark

SQL

Python

R

Commercial acumen

Communication

Education

Mathematics

Statistics

Engineering

Physics

Computer Science

Actuarial Science

Tools

Radar software

Job description

Pricing Analyst

Location: Peterborough, Manchester, Stoke, Southport (flexible hybrid working)

Role purpose

Responsible for supporting the delivery of pricing solutions that align with the company’s strategic goals and plans.

This includes conducting in-depth analysis, developing predictive models, and influencing strategic decisions.

Key Responsibilities

• Support the delivery of pricing solutions
• Provide input into pricing processes, and champion continuous improvement
• Combine pricing expertise and commercial acumen to deliver outcomes which optimise the P&L
• Ensure all activity is compliant with pricing governance and follows established controls
• Work closely with the Modelling & Optimisation Pricing Team to ensure pricing models/approaches meet business objectives
• Manage relationships with key stakeholders around the business
• Mentor and coach more junior members of the team

About you:

• Experience within general insurance preferred
• Familiarity with retail pricing concepts
• Experience in statistical and data science programming languages (e.g. PySpark, SQL, Python, R)
• A good quantitative degree (Mathematics, Statistics, Engineering, Physics, Computer Science, Actuarial Science)
• Experience of WTW’s Radar software is preferred, but not essential
• Good commercial acumen
• Proficient at communicating results in a concise manner both verbally and written
• Ability to analyse, understand and interpret data from varying sources