Senior Pricing Analyst - Modelling

Vermelo RPO; Manchester (NC); Hybrid; USD 90,000 - 120,000; Full time

Job summary

Une entreprise leader du secteur de l'assurance recherche un Senior Pricing Analyst - Modelling pour rejoindre une équipe croissante. Vous utiliserez votre expertise technique pour fournir des solutions tarifaires innovantes, présider à l'utilisation des outils de modélisation et coacher des collègues. Ce rôle stratégique influence la stratégie de l'entreprise à travers des analyses et recommandations basées sur des données fiables.

Qualifications

• Expérience préalable en tarification de l'assurance.
• Compétences dans des techniques de modélisation telles que Logistic Regression, GBMs.
• Diplôme en Mathématiques, Statistiques ou domaines connexes requis.

Responsibilities

• Diriger le développement de solutions efficaces pour répondre aux besoins métiers.
• Former et coacher les membres de l'équipe sur les meilleures pratiques en modélisation.
• Rechercher et développer des méthodes standard de meilleures pratiques.

Skills

Modélisation prédictive

Analyse statistique

Programmation R

Programmation Python

Education

Diplôme quantitatif (Mathématiques, Statistiques)

Tools

WTW toolkit

Emblem

Radar

Job description

Job Title: Senior Pricing Analyst - Modelling

Locations: hybrid working for our Manchester Office (Salford)

Role Overview

Markerstudy Group are looking for a Senior Pricing Analyst (Modelling) to join a growing and established team.

You will be responsible for utilising your technical expertise and in-depth knowledge of the insurance industry and market leading tools to produce creative and actionable pricing solutions. This is to maximise Atlanta s ability to meet its strategy and annual plan but should also influence that strategy through regular identification of opportunities to Pricing Managers, Head of Pricing and the Executive Committee. This role requires a large element of coaching team members and championing modelling best practices across the department.

As a Senior Pricing Analyst - Modelling, you will use your advanced analytical skills to:

• Provide technical leadership on WTW toolkit (in particular Emblem and Radar) to drive forward effective and efficient solutions which deliver business requirements and add demonstrable value
• Provide thought leadership on modelling concepts
• Lead and manage the development of effective and efficient solutions which deliver business requirements and add demonstrable value
• Ensure that all team members follow quality assurance processes and manage risk adhering to all relevant policies
• Research, develop and champion the use of best practice methods and standards and ensure they are embedded throughout the department
• Plan, design and lead the development of Atlanta's pricing capability.
• Through ongoing research, maintain an extensive knowledge of statistical techniques to ensure Atlanta has a market leading approach to analysis and modelling.
• Assist Pricing Managers in making tactical and strategic decisions.
• Deputise for Pricing Managers, Head of Pricing

Key Skills and Experience:

• Previous experience within general insurance pricing
• Experience with some of the following predictive modelling techniques; Logistic Regression, GBMs, Elastic Net GLMs, GAMs, Decision Trees, Random Forests, Neural Nets and Clustering
• Experience in statistical and data science programming languages (e.g. R, Python, PySpark, SAS, SQL)
• A quantitative degree (Mathematics, Statistics, Engineering, Physics, Computer Science, Actuarial Science)
• Proven experience of modelling using WTW toolkit (Emblem and Radar)
• Proficient at communicating results in a concise manner both verbally and written

Behaviours:

• Self-motivated with a drive to learn and develop
• Logical thinker with a professional and positive attitude
• Passion to innovate, improve processes and challenge the norm

About the business:

Markerstudy is a leading provider of private insurance in the UK, insuring around 5% of the private cars on the UK roads, 20% of commercial vehicles and over 30% of motorcycles in total premium levels of circa £1.2b. The majority of business is written as the insurance pricing provider behind household names such as Co-op, Sainsbury s, O2, Halifax, AA, Saga and Lloyds Bank to list a few and Markerstudy also has a large and growing direct presence in the market as well.

Having acquired and successfully integrated Co-op Insurance Services in 2021 & BGLi in 2022, Markerstudy are now pursuing innovative pricing techniques, taking advantage of an award-winning insurer hosted rating platform, whilst challenging existing embedded processes.