Senior Pricing Analyst

Policy Expert; Greater London; Hybrid; GBP 80,000 - 110,000; Full time

Benefits offered by this job

Pension match up to 7%

Learning budget £1,000/year + study-le

Enhanced maternity & paternity

Travel season ticket loan

London events access and private \u00a

Job summary

Policy Expert in London is seeking a Senior Pricing Analyst to own pricing models, lead pricing changes, and drive governance across pricing and regulatory changes.

The role combines hands-on modelling with leadership, mentoring analysts, and presenting to senior stakeholders in a 50/50 hybrid London setup. Strong SQL/Python and UK pricing regulation knowledge are essential.

Qualifications

• Degree in a numerate subject, or equivalent experience.
• Typically 4+ years in insurance pricing or a closely related analytical role.
• Strong SQL and Python; writes reusable, reviewable code.
• Strong modelling skills (e.g. GLMs, GBMs, demand or elasticity models, optimisation, forecasting).
• Experience of taking pricing changes live through a rating tool, with testing and governance.
• Good working knowledge of UK pricing regulation (GIPP, Consumer Duty, fair value).
• Evidence of reviewing others’ work and an appetite to mentor.
• Strong stakeholder communication, including presenting to senior and non-technical audiences.
• Depth in one technical area with breadth across others.
• Experience across more than one product (e.g. Motor, Home, Pet).
• Cloud tools (e.g. GCP).
• Progress towards, or completion of, professional exams (IFoA or CII).

Responsibilities

• Own workstreams such as a model build, an optimisation cycle, a line’s trading or portfolio plan, or an implementation programme, and lead complex work such as pricing a new product or brand, a major model or algorithm change, or a regulatory change.
• Frame loosely defined or ambiguous problems, split the work into tasks others could deliver, challenge briefs that won’t answer the question, and propose work that should be done.
• Lead model builds and refreshes end to end, choosing and justifying the method through validation and sign-off, and introduce better techniques where the extra complexity pays off.
• Turn analysis into commercial recommendations that quantify the trade-offs between volume, profit, customer outcomes and regulation, linked to line and Group strategy.
• Own pricing changes from design to live, including high-risk changes; design test plans and review others’ testing and code before sign-off.
• Monitor the performance of models and pricing, diagnose drift and recommend updates.
• Set and raise standards for coding, modelling, testing and quality, and improve review and control processes.
• Prepare and present governance and committee material to Heads and senior forums, and support analysis for reinsurers, regulators and partners.
• Mentor, review and coach analysts, and lead project teams or work involving several analysts.
• Deputise for Manager or Technical Lead when needed.
• Makes day-to-day decisions within the workstream’s agreed scope and sets the approach with manager input.
• Recommends pricing changes to the manager or Head for sign-off; implements them within agreed guidelines and thresholds.
• Reviews and signs off others’ work where delegated and may set priorities for a sub-group of work.

Skills

SQL

Python

Modeling

Pricing

Stakeholder comms

Regulatory knowledge

Mentoring

GCP

Education

Numerate degree

IFoA or CII (in progress)

Tools

GCP

Job description

Are you ready to transform the insurance industry?

Policy Expert is a forward-thinking business that loves to get things done. Leveraging proprietary technology and smart data, we offer reliable products and a wow customer experience.

Having achieved rapid growth since being founded in 2011, we’ve won over 1.5 million customers in Home, Motor and Pet insurance and have been ranked the UK’s No.1-rated home insurer by Review Centre since 2013.

Key responsibilities

• Own workstreams such as a model build, an optimisation cycle, a line’s trading or portfolio plan, or an implementation programme, and lead complex work such as pricing a new product or brand, a major model or algorithm change, or a regulatory change.
• Frame loosely defined or ambiguous problems, split the work into tasks others could deliver, challenge briefs that won’t answer the question, and propose work that should be done.
• Lead model builds and refreshes end to end, choosing and justifying the method through validation and sign-off, and introduce better techniques where the extra complexity pays off.
• Turn analysis into commercial recommendations that quantify the trade-offs between volume, profit, customer outcomes and regulation, linked to line and Group strategy.
• Own pricing changes from design to live, including high-risk changes; design test plans and review others’ testing and code before sign-off.
• Monitor the performance of models and pricing, diagnose drift and recommend updates.
• Set and raise standards for coding, modelling, testing and quality, and improve review and control processes.
• Prepare and present governance and committee material to Heads and senior forums, and support analysis for reinsurers, regulators and partners.
• Mentor, review and coach analysts, and lead project teams or work involving several analysts.
• Deputise for Manager or Technical Lead when needed.
• Makes day-to-day decisions within the workstream’s agreed scope and sets the approach with manager input.
• Recommends pricing changes to the manager or Head for sign-off; implements them within agreed guidelines and thresholds.
• Reviews and signs off others’ work where delegated and may set priorities for a sub-group of work.

Skills, knowledge and experience

• Degree in a numerate subject, or equivalent experience
• Typically 4+ years in insurance pricing or a closely related analytical role
• Strong SQL and Python; writes reusable, reviewable code
• Strong modelling skills (e.g. GLMs, GBMs, demand or elasticity models, optimisation, forecasting)
• Experience of taking pricing changes live through a rating tool, with testing and governance
• Good working knowledge of UK pricing regulation (GIPP, Consumer Duty, fair value)
• Evidence of reviewing others’ work and an appetite to mentor
• Strong stakeholder communication, including presenting to senior and non-technical audiences
• Depth in one technical area (e.g. risk modelling, demand and optimisation, forecasting, implementation) with breadth across the others
• Experience across more than one product (e.g. Motor, Home, Pet)
• Cloud tools (e.g. GCP)
• Progress towards, or completion of, professional exams (IFoA or CII)

This role will be based in our London office in a 50/50 Hybrid mode.

We match your pension contributions up to 7%

Learning budget of £1,000 a year + Study leave (with encouragement to use it)

Enhanced maternity & paternity

Travel season ticket loan

Access to a wide selection of London O2 events and use of a Private Lounge

What We Stand for and Next StepsWe pride ourselves on being an equal opportunity employer. We treat all applications equally and recruit based solely on an individual’s skills, knowledge, and experience. The quality and growing diversity of our team is a testament to this commitment

At Policy Expert, we are committed to fostering an inclusive and supportive environment for all candidates. If you require any reasonable adjustments during the interview process to accommodate your needs, please do not hesitate to let us know. We are dedicated to ensuring every candidate has an equal opportunity to succeed and will work with you to provide the necessary support.

UK DE&I

At Policy Expert, we are committed to creating an inclusive workplace where everyone is treated fairly, respected and able to be themselves.

To help us understand and monitor the diversity of applicants throughout our recruitment process, we invite candidates to provide some voluntary diversity and inclusion information through the questions below.

Providing this information is entirely optional. You do not have to answer any of the questions, and choosing not to provide this information will not affect your application or your prospects of employment in any way.

The information you provide will be used only for equality, diversity and inclusion monitoring of our recruitment process, including helping us understand representation and identify areas where improvements may be needed. It will not be used to assess your suitability for a role, make recruitment decisions, or for any other purpose.

Access to this information will be restricted to those who need it for diversity monitoring and reporting purposes, and recruitment decision-makers will not use it when assessing your application.