Pricing Analyst 1

Covéa Insurance; Halifax; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading insurance company is seeking a Pricing Analyst to join their Commercial Pricing team. This hybrid role involves maintaining pricing models, analyzing new factors, and guiding pricing actions. Ideal candidates will have strong numerical skills and a relevant degree. Join a diverse team focused on innovation and empowerment while enjoying perks like flexible working and generous holidays.

Benefits

Flexible working with hybrid options

Annual pay review with performance bonuses

Generous holidays

Pension contributions

Inclusive culture with community groups

Mental and financial support

Career growth opportunities

Health and wellbeing benefits

Tusker Car Scheme

Gym discounts and retail offers

Qualifications

• Excellent numerical and analytical skills, and good problem-solving skills.
• Good communication and interpersonal skills.
• Attention to detail and accuracy.
• Self-motivated and an ability to work under pressure.

Responsibilities

• Maintain and develop best practice pricing models.
• Analyze and assess new rating factors.
• Guide the business in achieving pricing objectives.
• Acquire knowledge of pricing tools used in the team.
• Automate and streamline pricing processes.

Skills

Numerical and analytical skills

Problem-solving skills

Communication skills

Attention to detail

Self-motivation

Education

2:1 Bachelor's degree in a numerical subject

Tools

Radar

Emblem

SAS Enterprise Guide

SAS Viya

SQL

Job description

We have an exciting opportunity to join the Commercial Pricing team as a Pricing Analyst!

AtCovéa Insurance, we’re all about protecting what matters most - whether it’s your home, your car, or your business. With our award-winning customer service and a wide range of insurance products, we’re here to make a real difference.

Our purpose is simple but powerful:to help protect people against the worst happening and put it right if it does. It’s what drives us every day, and it’s why our people are proud to be part of something meaningful!

Our mission is to build inclusive, empowered teams where everyone feels welcome and valued! We celebrate what makes each of us unique and believe that diversity drives innovation and success. Whoever you are, we want you to feel confident being yourself in your team at work.

Do you want to work in a dynamic pricing department that’s working on a variety of exciting propositions using advance modelling techniques? If you’re enthusiastic, career driven and love problem solving this could be for you!

This is a hybrid position, combining the best of both worlds - working from home and spending time in our Halifax or Reading office.

What are the core responsibilities?:

• Maintain and develop best practice pricing models and price optimisation techniques.
• Analyse, evaluate and assess new rating factors and develop pricing structures incorporating these.
• Guide the business in determining pricing action required to achieve the business’s objectives.
• Acquire and maintain an in-depth knowledge of the pricing and analysis tools used in the Market Pricing team, e.g. Radar, Emblem, SAS Enterprise Guide, SAS Viya, SQL etc.
• Automate, streamline and document pricing processes, to make them as efficient as possible.

What will help you stand out?

• Excellent numerical and analytical skills, and good problem solving skills.
• Good communication and interpersonal skills.
• Attention to detail and accuracy.
• Self-motivated and an ability to work under pressure both in isolation and within a team.
• At least a 2:1 Bachelors degree (or equivalent) in an appropriate numerical subject, or equivalent experience.
• An understanding, and experience of statistical and mathematical techniques

Not sure if you tick every box? That’s okay!
At Covéa, we know that great people don’t always meet every single requirement listed in a job ad. If this role excites you and you think you could be a good fit, we’d love to hear from you - so go ahead and apply! We’re all about building a diverse, inclusive team where everyone can thrive.

The perks of joining us…

• Flexible working– 36.25 hours a week with flexitime & hybrid options
• Annual pay review– plus performance bonuses (up to 30% depending on level)
• Generous holidays– 25–27 days + bank holidays, with buy/sell options
• Pension perks– 7.5% employer contribution, rising to 9% with your input
• A culture where everyone belongs– we're committed to diversity, equity & inclusion, with real action, employee-led community groups, and ongoing learning to make Covéa a place where everyone can thrive
• Mental & financial support– through our dedicated Wellbeing group
• Career growth– training, qualifications & apprenticeships to help you thrive
• Health & wellbeing– private medical cover, 24/7 Virtual GP, health checks, flu jabs & more
• Drive in style– Tusker Car Scheme with fully maintained insured vehicles
• Extra savings– gym discounts, Cycle to Work, and retail offers via Perkpal
• And much more!

Excited about this opportunity? So are we!
Apply today and be part of our journey.

As aDisability Confident Employer, we’re committed to fair and accessible recruitment. If you need any adjustments or support during the application process, just let us know - we’re here to help.

Applicantsmust currently reside in the United Kingdomand possessfull and unrestricted right to work in the UK. Unfortunately, we areunable to offer Visa sponsorshipfor this role.