Pricing Analyst - Insurance Pricing & Analytics (Hybrid)

Pikl; Norwich; Hybrid; GBP 45,000 - 65,000; Full time

Benefits offered by this job

Hybrid & Flexible working

Workspace access in Norwich and London

28 days leave + BH

Wellbeing & EAP services

Training and development opportunities

Social events

Support from leadership

Job summary

Pikl is seeking a Pricing Analyst to join the Pricing and Underwriting team in Norwich. You will analyze pricing data, build and validate models, and collaborate with Underwriting, Product and Partnerships to drive profitable growth of insurance products.

The role requires strong Excel and data analysis skills, experience in General Insurance pricing, and knowledge of SQL, R or Python for data extraction and analysis. Hybrid working in Norwich/London with a focus on data-driven decision making.

Qualifications

• 2+ years experience in insurance pricing.
• Ability to maintain, enhance and validate pricing models and provide judgement to stakeholders.
• Strong Excel skills.
• Experience of analysing large datasets and identifying trends and insights.
• Ability to interpret data and translate findings into practical recommendations.
• Good communication skills with the ability to explain technical concepts to non-technical audiences.
• Collaborative approach with the ability to build relationships across teams.
• Experience within General Insurance pricing.
• Experience of using SQL, R, Python or similar for data extraction and analysis.
• Experience using pricing software such as Earnix, Radar or Hx is desirable.

Responsibilities

• Support the development, maintenance and enhancement of pricing models across Pikl products.
• Conduct pricing and portfolio analysis to identify trends, opportunities and areas of concern.
• Monitor product and portfolio performance, including premium adequacy, loss ratios, rating performance and profitability.
• Support the pricing of new products, schemes and partnership opportunities.
• Produce pricing analyses, reports and recommendations to support business decision making.
• Work closely with Underwriting, Claims, Product and Partnerships teams to understand portfolio performance and drivers of risk.
• Support the ongoing monitoring and validation of pricing models and rating structures.
• Contribute to the assessment and integration of internal and external data sources.
• Undertake competitor and market analysis to support pricing recommendations.
• Support the development of pricing processes, tools and reporting capabilities.
• Ensure pricing activity complies with regulatory requirements and fair value principles.
• Be a source of pricing and pricing delivery support within the business.

Skills

Pricing analysis

Excel

Data analysis

Stakeholder communication

Cross-functional collaboration

Insurance pricing

Problem solving

Attention to detail

Managing priorities

MGA environment

Tools

SQL

R

Python

Earnix

Radar

Hx

Job description

Pikl is seeking a Pricing Analyst to join the Pricing and Underwriting team in Norwich. You will analyze pricing data, build and validate models, and collaborate with Underwriting, Product and Partnerships to drive profitable growth of insurance products.

The role requires strong Excel and data analysis skills, experience in General Insurance pricing, and knowledge of SQL, R or Python for data extraction and analysis. Hybrid working in Norwich/London with a focus on data-driven decision making.