Senior Pricing Analyst

Harnham; Greater London; Hybrid; GBP 38,000 - 45,000; Full time

Job summary

An established industry player in the insurance sector is seeking a Pricing Modelling Analyst to enhance its predictive modelling suite. This exciting role involves developing and innovating pricing models, ensuring they impact customer experience and commercial performance. You will work closely with various teams to analyze data from millions of quotes, identifying growth opportunities through effective pricing strategies. This position offers flexible, mostly hybrid working arrangements, making it an ideal opportunity for those looking to make a significant impact in a fast-paced environment.

Benefits

Flexible working arrangements

Discretionary bonus

Qualifications

• Experience in developing predictive models in an insurance context.
• Strong analytical skills with a focus on pricing strategies.

Responsibilities

• Develop and innovate predictive models for retail pricing systems.
• Collaborate with teams to enhance pricing performance and customer experience.

Skills

Python

Analytical Skills

Modeling Experience

Communication Skills

Education

Numerate Degree from Russell Group University

Tools

SQL

Custom-built Software

Job description

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Building Credit Risk, Fraud, and Pricing Analytics Teams in Lending and Insurance | The Talent Driving The Data and AI Revolution

PRICING MODELLING ANALYST

REMOTE (London)

This is an exciting opportunity to take ownership of the pricing models, innovate, and refresh predictive models within this company's predictive modelling suite.

About the company

This company is a growing business in the insurance space, offering a range of home insurance products.

The role

You will be responsible for:

• Developing, innovating, and updating predictive models within the retail pricing system.
• Ensuring models impact pricing, improve customer experience, and enhance commercial performance.
• Running split tests on existing models, tracking results, and recommending improvements.
• Collaborating with the Senior Pricing Analyst to adjust price selection logic based on trading performance.
• Coordinating with Retail Pricing, Technical Pricing, Data Science, Software Engineering, and Marketing teams to provide insights that drive business performance.
• Utilizing SQL for data access and Python for data processing, modeling, and pricing.
• Working within custom-built software for optimal price setting.
• Analyzing data from millions of quotes to identify revenue growth opportunities through pricing strategies.
• Operating in a fast-paced environment, implementing frequent price adjustments and observing results quickly.
• Collaborating with software developers to adapt and optimize pricing tools based on market opportunities.

Skills and experience

• Previous modelling experience in an insurance setting is preferred.
• Strong Python skills are desirable.
• Highly analytical with a numerate degree from a Russell Group university.
• Excellent written and verbal communication skills.

Benefits

• Salary up to £45,000.
• Flexible, mostly hybrid working arrangements.
• Discretionary bonus.

Application process

Register your interest by sending your CV to Gaby Adamis via the Apply link on this page.

Additional information

• Senior level: Mid-Senior level
• Employment type: Full-time
• Job function: Analyst
• Industry: Insurance