Senior Technical Pricing Analyst

The Emerald Group Ltd, Search and Selection; Manchester; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading recruitment firm is seeking a Senior Technical Pricing Analyst in Manchester with a focus on improving pricing strategies. The role involves creating datasets, developing rating models, and supporting the pricing team. Ideal candidates will have insurance pricing experience and strong numerical skills, alongside knowledge of analytical tools like Python and SQL. This position offers the chance to be part of an exciting transformation within a dynamic environment.

Qualifications

• Experience in a related Insurance Pricing role within Retail lines of business.
• Knowledge of predictive modelling for Risk and Demand models.
• Awareness of appropriate statistical techniques for insurance analysis.

Responsibilities

• Create, validate and reconcile datasets for analysis and write code.
• Support in creating and deploying rating models that predict claims costs.
• Contribute to development and testing cycles for deployment of rates.
• Consider customer impact of pricing actions.
• Lead monitoring for pricing stakeholders.
• Provide technical underwriting and pricing support.

Skills

Numerical mathematical skills

Problem-solving skills

Planning and prioritisation

Understanding of machine learning techniques

Education

Degree in mathematics or equivalent proficiency

Tools

Python

R

SAS

SQL

Job description

Job Description

Position: Senior Technical Pricing Analyst

Location: Manchester / Hybrid

It’s an exciting time in our client’s Pricing and Analytics department. Their transformation programme has recently been relaunched, aligned to the company’s Retail new Pricing and Analytics strategy. They’re investing in growing in size and capability across their IT systems, analytical toolset and learning and development. They’d love to hear from motivated people who can help them deliver their commitments to their business, their customers, and their people.

They’re looking for Senior Analysts to lead and support projects across Motor or Home that continually improve productiveness and segmentation of statistical models of claims and demand across products and channels, using both traditional and data science / contemporary techniques.

Responsibilities of the Senior Technical Pricing Analyst

• Create, validate and reconcile datasets for analysis and undertake analysis by writing and manipulating code.
• Support in the creation, maintenance and deployment of rating models that predict claims cost, conversion, or retention.
• Contribute to the specification, development and testing cycles for deployment of rates.
• Consider the impact on customers of pricing actions and act to avoid any unfair treatment.
• Lead in producing and developing appropriate monitoring for pricing and other stakeholders.
• Provide technical underwriting and pricing support to assist the business in achieving its plans.
• Build strong relationships with managers, peers and stakeholders.

Requirements of the Senior Technical Pricing Analyst

• Experience in a related Insurance Pricing role within Retail lines of business.
• Excellent numerical mathematical skills (a degree in a mathematics related discipline or evidence of equivalent proficiency).
• Knowledge of predictive modelling for Risk and / or Demand models.
• Ability to demonstrate high levels of problem‑solving skills and initiative.
• Ability to plan and prioritise own work and that of a small project team.
• Knowledge of tool such as Python, R, SAS, SQL or other analytical language / tools are desirable.
• An understanding of machine learning techniques.
• An awareness of appropriate statistical techniques for insurance analysis.