Senior Insurance Pricing Analyst (Risk) *FTC Until 31st December 2025*

Senior Pricing Analyst (Risk)

Salary competitive based on experience

FTC until 31st December 2025

Hybrid – Home and London Hub

As a Senior Pricing Analyst (Risk), you will oversee the risk management framework for Saga’s street pricing, supporting the insurance strategy, customer outcomes, and contributing to Saga Services' overall P&L.

We seek an experienced pricing expert with a proven track record of developing innovative solutions to enhance Saga Services' pricing capabilities. This role influences all aspects of the pricing process to ensure risks are well managed and controlled, while maximizing customer and commercial outcomes. Experience in personal lines insurance, especially in Motor, Home, Travel, or Private Medical, is essential.

You will understand the drivers of best-in-class street pricing and commercial success in personal lines insurance, implementing innovative processes to generate value. You will collaborate with Pricing Managers to develop and implement complex solutions and support key aspects of the Group’s strategy and shareholder objectives.

We offer flexible working arrangements, allowing you to choose a comfortable and productive environment—either from home or in our London or Folkestone hubs. The team typically meets once a month in London.

Role Responsibilities

As a Senior Pricing Analyst (Risk), you will ensure risks within the pricing team are well understood and managed, working collaboratively to assess and improve risk controls, focusing on regulatory compliance, customer outcomes, and commercial success.

Other responsibilities include:

• Providing pricing thought leadership based on your insurance pricing and data expertise.
• Supporting strategic projects as a subject matter expert.
• Ensuring adherence to pricing fairness and data policies.
• Leading design and operational risk control effectiveness testing, identifying control weaknesses, and implementing improvements.
• Managing SSL Pricing Incidents and conducting root cause analysis.
• Preparing risk management reports, including regulatory MI, control effectiveness, and incident updates.
• Reviewing the SSL Pricing risk register regularly in collaboration with senior leaders.
• Analyzing business data to identify market trends, product opportunities, and regulatory or customer factors, making informed recommendations.
• Supporting pricing aspects of business change initiatives, including the new partnership with Ageas for Home and Motor products.

The Ideal Candidate

Experience in personal lines insurance is essential, particularly in Motor, Home, Travel, or Private Medical. Additional industry knowledge should include:

• Understanding regulatory requirements related to pricing.
• Deep knowledge of general insurance pricing methodologies.
• High accuracy and strong numerical and statistical skills.
• Problem-solving aptitude and inquisitiveness.
• Excellent communication and relationship management skills.
• Leadership and motivational abilities.
• Organizational skills, including time management and documentation.
• Knowledge of modeling software (Radar, Emblem, etc.) and programming languages (SQL, R, Python) is advantageous.

Package Benefits

We offer a comprehensive benefits package, including:

• Flexible 35-hour workweek
• 25 days holiday plus bank holidays, with options to purchase additional days
• Matched pension contributions up to 10%
• Life assurance, wellbeing programs, colleague discounts, and retail offers
• Enhanced parental leave and grandparents leave
• Performance-related bonus up to 5%
• Income protection and access to Saga Academy

About Saga

With over 70 years of experience, Saga is the UK's trusted provider for those over 50, offering cruises, holidays, insurance, financial products, and magazines. We aim to be the most trusted brand for older people, fostering an inclusive culture that values diversity and age inclusivity. Recognized as a top employer, we are committed to creating a supportive environment where colleagues can thrive and make a difference.

We are signatories of the Age-Friendly Employer Pledge and are committed to inclusive recruitment and employment practices. We ensure fair consideration of applications and provide ongoing communication throughout the process.

Saga does not accept unsolicited agency CVs unless specifically engaged by our Talent Acquisition Team. Please do not forward CVs or expect fees for unsolicited submissions.