Senior Technical Pricing Analyst

Hackajob Ltd; Greater London; Hybrid; GBP 90,000 - 140,000; Full time

Benefits offered by this job

Work-life balance

Hybrid work

25 days leave

Bonus potential

Private health insurance

Pension match

Job summary

Simply Business is seeking a Senior Technical Pricing Analyst to lead our MGA pricing strategy from our London hub. You will drive high-frequency data analytics with modern techniques, mentoring juniors and collaborating with underwriting and data science to turn insights into live market decisions.

You will own analyses, build robust models in Python/R/SQL, and help shape our analytics function as we scale.

Qualifications

• Degree in Mathematics, Statistics, Engineering or Physics.
• Experience in general insurance pricing or pricing analytics.
• Proficiency in SQL, Python or R for data analysis.
• Ability to present technical findings to non-technical partners.

Responsibilities

• Monitor MGA portfolio performance and profitability.
• Develop and maintain pricing models using Earnix, Akur8 or Emblem.
• Identify market trends and adjust prices accordingly.
• Evaluate new product propositions for profitability.
• Create dashboards for underwriting reviews.
• Mentor junior analysts and support pricing leadership.

Skills

Python

R

SQL

Pricing models

Data manipulation

Communication

Team collaboration

Education

Math/Stats/Engineering/Physics degree

Tools

Earnix

Akur8

Emblem

Job description

hackajob is partnering directly with Simply Business to hire for this role.

Who Are We?

We insure small businesses and enable big dreams not just for our customers, but for our people and communities too. With over 1,000,000 active insurance policies, we protect builders, bakers, landlords and more than 1,200 other trades.

We're a technology company as well as one that sells insurance. That means we build, we fail, we learn and we improve. Through our global social impact strategy, called 'The Big Dreams Project, we're working to help 10,000 small businesses start or grow by 2030.

Why not check out our advert on YouTube:Simply Business TV advert 2024: 'Simply the Best'.

Job Category

Product

Position Type

Permanent

Target Openings

1

What Is the Opportunity?

As a Senior Technical Pricing Analyst at Simply Business, you will step away from traditional, sluggish insurance models and lead our MGA pricing strategy from our tech-first London hub. We are completely bypassing legacy processes to apply sophisticated statistical techniques and machine learning to high-frequency data, keeping us steps ahead in the fast-paced small business market.

What makes this role different from other technical pricing positions is the sheer scale of impact and autonomy you will enjoy. You won't just be tucked away building isolated models; you will have complete ownership over your analyses, collaborate directly with underwriting and data science teams, and see your data-driven recommendations transform directly into live market actions. Plus, you'll play a vital role in building a world-class analytics function by mentoring junior analysts and supporting the Head of MGA Pricing.

As one of our Senior Technical Pricing Analysts, youll:

• Monitor the performance and health of the MGA portfolio from a risk perspective to ensure long-term, sustainable profitability.

• Contribute to the production and maintenance of technical risk pricing models using Python, R, SQL, and advanced pricing tools like Earnix, Akur8, or Emblem.

• Identify emerging market trends and recommend proactive price adjustments to protect our leading position without negatively affecting loss ratios.

• Evaluate new product propositions to identify potential profitability and set the optimal price points for successful market entry.

• Transform complex datasets into actionable insights and enhanced dashboards for underwriting footprint reviews.

• Support the development of the wider pricing function through active training, coaching, and mentorship of junior colleagues.

Were looking for someone who is:

• Highly numerate with a degree in a discipline like Mathematics, Statistics, Engineering, or Physics.

• Experienced in a statistical or analytical role within the general insurance industry, with an understanding of portfolio risk.

• Proficient in data manipulation and statistical modelling using tools like SQL, R, or Python, and familiar with pricing software like Earnix, Akur8, or Emblem.

• An excellent communicator who can comfortably present complex technical findings to non-technical business partners.

• A self-motivated, proactive worker who enjoys managing their own workload and delivering high-quality results to tight deadlines.

• A collaborative teammate who can build strong relationships across data science and underwriting teams to achieve shared goals.

(We know its tough, but please try to avoid the ??confidence gap?.?? You dont have to match all the bullet points above to be considered for this role.)

We encourage people of all different backgrounds and identities to apply. We are committed to maintaining an inclusive, supportive place for you to be you and do your very best work.

By sharpening our pricing strategy and driving technical innovation, you will ensure we provide small businesses with the fair, competitive protection they need to thrive. Ready to make a real-world impact and help us enable big dreams for small businesses?

What are the benefits of working at Simply Business:

• we offer a great work-life balance where workloads are manageable and everyone has the flexibility to work hybrid

• on top of the 25 days annual leave (plus bank holidays), we offer the option to buy five more days of holiday with your flexible benefits

• our flexible parental leave allows you to approach an important time how you want - with six months full pay to the primary caregiver and four weeks full pay if you're the secondary caregiver

• our life event leave is an extra days leave every two years for those big moments in your life like moving house or your birthday. And our long-serving employees get a two week paid sabbatical after five years of service, then four weeks off after ten years of service

• private medical insurance through BUPA, that covers any pre-existing condition is a core benefit. Plus a health cash plan that covers your everyday medical expenses

• we offer a competitive salary based on your experience and the current market. Plus the potential to earn an annual bonus based on performance

• access to tools to support your personal development on our dedicated learning platform. As well as support for your mental health with access to counselling

• we match what you put into your pension up to five per cent. And pass on a tax-free sum that's four times your basic salary with our life assurance policy, with the option to increase it to ten times through our flexible benefit scheme

• our salary sacrifice car scheme gives you the option to buy a brand new, fully insured, and maintained car for a convenient fixed monthly amount taken from your gross salary (after 6 months service)

• our flexible benefits scheme gives you an allocated amount to use each year on benefits like critical illness cover, dental insurance, travel insurance, or a gym membership

Ready to join us and drive our success as a high-performing team?

Employment Practices

Simply Business is committed to providing equality and opportunities for all employees and candidates considering a career with us. We offer a workplace where colleagues are treated with respect and dignity. We dont (and wont) discriminate either directly or indirectly on the grounds of race, colour, religion, belief, political opinion, disability, nationality, ethnic origin, sex, sexual orientation or relationship status at any stage of the hiring process or during the course of your employment.