Principal Pricing Analyst

North Co Recruitment; Manchester; Hybrid; GBP 65,000 - 85,000; Full time

Benefits offered by this job

Discretionary bonus

Job summary

North Co Recruitment are partnering with a leading UK insurer to appoint a Principal Pricing Analyst in their personal lines pricing function. You will own the product’s commercial performance in a high-visibility area, backed by significant pricing investment and direct leadership of a pricing analyst.

You will shape pricing strategy, develop market pricing models, and present evidence-based recommendations to senior stakeholders while coaching junior team members.

Qualifications

• Experience in insurance pricing with a track record of developing market pricing models.
• Ability to interpret, review and challenge risk models with confidence.
• Desire to own pricing performance for a product or business area and turn analysis into commercial outcomes.
• Some experience coaching or mentoring others, with appetite for line management.
• Strong experience with Radar, Emblem or other industry standard tools.
• Proficiency in Python or R, backed by solid statistical modelling knowledge.
• A numerate degree, ideally 2:1 or above in a mathematics-related subject.
• Excellent communication skills to present complex analysis to diverse audiences.

Responsibilities

• Own the pricing performance of a product or strategic initiative, with accountability for growth, profitability and customer value.
• Shape market pricing strategy using customer behaviour, demand, competitor and financial insight.
• Lead complex pricing initiatives end to end, from concept through implementation and ongoing optimisation.
• Build and refine market pricing models, and review risk models that feed into them.
• Present evidence-based recommendations to senior stakeholders and influence commercial decisions.
• Line manage and coach analysts, setting the technical standard for the team.

Skills

Python

R

Pricing models

Stakeholder communication

Mentoring / line management

Statistics

Education

Mathematics degree (2:1 or above)

Tools

Radar

Emblem

Job description

North Co Recruitment are working with a leading UK insurer to appoint a Principal Pricing Analyst into their personal lines pricing function. You’ll own a product’s commercial performance in a high-visibility area of the business, backed by serious investment in pricing and with your own direct report - exactly the kind of role that takes your career profile to the next level.

What you’ll do

• Own the pricing performance of a product or strategic initiative, with accountability for growth, profitability and customer value.
• Shape market pricing strategy using customer behaviour, demand, competitor and financial insight, rather than executing decisions handed down to you.
• Lead complex pricing initiatives end to end, from initial concept through implementation and ongoing optimisation.
• Build and refine market pricing models, and act as the critical reviewer of the risk models that feed into them.
• Present evidence-based recommendations to senior stakeholders and influence the commercial decisions that follow.
• Line manage and coach analysts, setting the technical standard for the wider team.

What we’re looking for

• Experience in insurance, with a track record of developing market pricing models.
• The technical depth to interpret, review and challenge risk models with confidence.
• Desire to own pricing performance for a product or business area and turning analysis into commercial outcomes.
• Some experience coaching or mentoring others, with the appetite to take on formal line management.
• Strong experience working with Radar, Emblem or other industry standard tools.
• Python or R skills, underpinned by a solid grasp of statistical modelling.
• A numerate degree, ideally a 2:1 or above in a mathematics-related subject.
• The communication skills to make complex analysis land with technical and non-technical audiences alike.
• Hybrid working applies, with a mix of home and office-based collaboration.

If you’re looking for a Principal role with genuine product ownership, your first step into line management and a clear route towards Pricing Manager, we’d be keen to speak.

Salary: £65,000-85,000 base, plus discretionary bonus

Location: Hybrid, Manchester based.

Please note, the client is unable to offer sponsorship for this opportunity.