Pricing Analyst

Esure Group PLC; Portslade by Sea; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance provider is looking for a professional to join their team focused on developing and updating pricing models in the UK Motor and Home Insurance sectors. The role involves leading analysis to monitor business performance, including conversion and retention rates. Candidates should have a proven background in analysis, detailed knowledge of the UK insurance markets, and familiarity with statistical software. The company offers competitive benefits, including a hybrid working model and various perks.

Benefits

Competitive salary

Discretionary bonus scheme

25 days annual leave plus additional flexible days

Health and wellbeing support

Company-funded private medical insurance

Discounts on insurance products

Training and mentoring opportunities

2 volunteering days per year

Hybrid working approach

Qualifications

• Proven track record in analysis and detailed knowledge of the UK Motor & Home Insurance markets.
• Experience applying multivariate statistical and/or Data Science techniques.
• Computer literacy with knowledge of statistical software such as SAS or Python is an advantage.

Responsibilities

• Lead the development and updating of risk/retail pricing models.
• Monitor key aspects of business performance, such as conversion and retention.
• Understand and interrogate relevant data assets, including external data sources.

Skills

Analysis

Knowledge of UK Motor & Home Insurance markets

Statistical software (SAS, Python)

Tools

Radar

Emblem

Job description

About the Company

Ready to join a team that's leading the way in reshaping the future of insurance? Here at esure Group, we are on a mission to revolutionise insurance for good! We've been providing Home and Motor Insurance since 2000, with over 2 million customers trusting us to keep them covered through the esure and Sheilas' Wheels brands. With a bold commitment for digital innovation, we’re transforming the way the industry operates, putting customers at the heart of everything we do.

Responsibilities

You will be familiar with the main aspects of Pricing, including risk pricing, retail pricing, and expenses, and how these are modelled/derived.

Lead the development and updating of risk/retail pricing models using Radar, Emblem, and alternative modelling/Data Science techniques.

Lead analysis to monitor key aspects of business performance – such as conversion, retention, loss ratios, and rate analysis – as directed by the Pricing Manager, flagging any issues.

Understand and interrogate relevant data assets, including external data sources.

Qualifications

Proven track record in analysis and detailed knowledge of the UK Motor & Home Insurance markets.

Experience applying multivariate statistical and/or Data Science techniques; computer literacy with knowledge of statistical software such as SAS or Python is an advantage; familiarity with insurance pricing software also desirable.

Benefits

• Competitive salary that reflects your skills, experience, and potential.


• Discretionary bonus scheme that recognises your hard work and contributions to esure's success.


• 25 days annual leave, plus 8 flexible days and the ability to buy and sell additional holiday.


• Flexible benefits platform with a range of perks to support health, wellbeing, lifestyle, and finances.


• Company‑funded private medical insurance for qualifying colleagues.


• Fantastic discounts on our insurance products.


• Hands‑on training, mentoring, access to exclusive academies, regular career conversations, and expert partner resources.


• 2 volunteering days per year to support local communities.


• Hybrid working approach – you decide where and how you do your best work.

Commitment to Inclusion

We believe that diverse perspectives drive innovation, enabling us to better serve our customers, community, and build a stronger organisation. Our commitment to inclusion extends to all parts of our business, from hiring practices to professional growth opportunities, ensuring equal access and support for all.