At a Glance
- Tasks: Lead retail pricing analysis and develop pricing recommendations for Home.
- Company: Join Policy Expert, a company dedicated to inclusivity and support for all candidates.
- Benefits: Enjoy hybrid work, generous pension contributions, private medical cover, and a £1,000 learning budget.
- Why this job: Make an impact with data-driven decisions while building strong relationships in a collaborative environment.
- Qualifications: 5+ years of pricing experience and a 2:1 degree in a numerical discipline required.
- Other info: Work in a supportive culture that values your growth and well-being.
The predicted salary is between 48000 - 72000 £ per year.
This role will lead our Retail Pricing for Home. You’ll lead day-to-day analysis, modelling, and development of pricing recommendations alongside BAU analytics. You’ll own and deliver projects that continually improve the predictive power and segmentation of statistical models of claims and demand
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Create, validate, reconcile, and transform datasets for analysis and modelling.
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Achieve budget objectives
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Undertake analysis and modelling by writing and manipulating code.
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Support in the creation, maintenance and deployment of rating models that predict claims cost, conversion, or retention.
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Contribute to the specification, development, and testing cycles for deployment of rates.
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Consider the impact on customers of pricing actions and act to avoid any unfair treatment.
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Assist in producing and developing appropriate monitoring for the Pricing team and other stakeholders.
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Provide technical Underwriting and Pricing support to assist the business in achieving its plans.
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Build strong relationships with managers, peers, and stakeholders., 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.
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5+ years pricing experience in an insurer environment (preference in uk motor/home).
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2:1 degree in numerical discipline e.g. Maths, Physics, Econometrics.
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Trained in WTW RADAR software.
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Experience with data manipulation skills using SQL/Python/R/WPS or similar.
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Experience of rating update processes, performance and impact monitoring.
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Experience of retail price optimisation
This role will be based in our London office in a 50/50 Hybrid mode.
Generous Pension contribution scheme
Private medical & Dental cover
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
Employee Wellbeing Programme
Lead Retail Pricing Analyst employer: Policy Expert
Contact Detail:
Policy Expert Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lead Retail Pricing Analyst
✨Tip Number 1
Familiarize yourself with the specific pricing strategies used in the home insurance sector. Understanding the nuances of retail price optimization will give you an edge in discussions during the interview.
✨Tip Number 2
Brush up on your coding skills, especially in SQL, Python, or R. Being able to demonstrate your data manipulation capabilities through practical examples can set you apart from other candidates.
✨Tip Number 3
Prepare to discuss your experience with statistical models and how you've applied them in previous roles. Be ready to share specific projects where your analysis led to improved pricing strategies.
✨Tip Number 4
Network with professionals in the insurance industry, particularly those who have experience in pricing roles. Building relationships can provide valuable insights and potentially lead to referrals for the position.
We think you need these skills to ace Lead Retail Pricing Analyst
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Lead Retail Pricing Analyst position. Highlight key responsibilities and required skills, such as experience with SQL/Python/R and familiarity with WTW RADAR software.
Tailor Your CV: Customize your CV to reflect your relevant experience in pricing analysis, particularly in the insurance sector. Emphasize your numerical degree and any specific projects or achievements that align with the role's requirements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for pricing analysis and your understanding of its impact on customer treatment. Mention how your background and skills make you a perfect fit for the team at Policy Expert.
Highlight Technical Skills: In your application, be sure to detail your technical skills, especially in data manipulation and statistical modeling. Provide examples of how you've used these skills in past roles to achieve business objectives.
How to prepare for a job interview at Policy Expert
✨Showcase Your Analytical Skills
Be prepared to discuss your experience with data analysis and modeling. Highlight specific projects where you've used SQL, Python, or R to manipulate datasets and how those skills contributed to pricing strategies.
✨Demonstrate Understanding of Pricing Strategies
Familiarize yourself with retail price optimization and the impact of pricing actions on customers. Be ready to provide examples of how you've previously developed pricing recommendations and monitored their performance.
✨Highlight Your Team Collaboration
This role requires building strong relationships with various stakeholders. Share experiences where you've successfully collaborated with managers and peers to achieve common goals, especially in a pricing context.
✨Prepare for Technical Questions
Expect questions related to the WTW RADAR software and rating update processes. Brush up on your technical knowledge and be ready to discuss how you've applied these tools in your previous roles.