Senior Pricing Analyst - Halifax; Home Based
Senior Pricing Analyst - Halifax; Home Based

Senior Pricing Analyst - Halifax; Home Based

Halifax Full-Time 36000 - 54000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team as a Senior Pricing Analyst, focusing on technical pricing and data analysis.
  • Company: Covéa Insurance offers award-winning home, motor, and commercial insurance services.
  • Benefits: Enjoy flexible working hours, 25 days holiday, and a range of health benefits.
  • Why this job: Be part of a collaborative team that values innovation and personal development.
  • Qualifications: A 2:1 degree in a numerical subject or equivalent experience in insurance pricing is required.
  • Other info: We encourage diverse applicants and offer support for your career growth.

The predicted salary is between 36000 - 54000 £ per year.

Covéa Insurance offers a wide range of home, motor and commercial insurance backed by our award-winning customer service. Our purpose is to "help protect people against the worst happening and put it right if it does". It’s the reason we are here, and it’s the task we all focus on every day.

An exciting opportunity has arisen to join our Technical Personal Lines team as a Senior Pricing Analyst, focusing on the Technical Pricing of Commercial Lines of business. We’re looking for a candidate who has a few years’ experience working in insurance pricing and is looking to take on more responsibility in their role.

The perfect candidate enjoys applying machine learning and other analytical techniques to solve problems, is keen to collaborate within a team environment, and is constantly striving to develop their skills.

What will I be doing?

  • Maintain and develop sophisticated pricing models and price optimisation techniques
  • Analyse, evaluate, and assess new rating factors and develop pricing structures that utilise them
  • Guide the business in determining pricing action required to achieve the business's objectives
  • Acquire and maintain an in-depth knowledge of the pricing and analysis tools used across the team, including WTW Radar, WTW Emblem, SAS Enterprise Guide, SQL, and Python
  • Automate, streamline, and document pricing processes, to make them as efficient as possible
  • Present technical proposals to key stakeholders as part of our technical sign-off and governance process
  • Responsibility for managing certain processes and liaising with relevant stakeholders both within and external to the organisation
  • Responsibility for the management and career development of your line reports

What would we like to see in you?

  • Either a 2:1 bachelors' degree or better (or equivalent) in an appropriate numerical subject, or equivalent experience
  • General Insurance pricing and underwriting experience, with performance of typical duties of a Technical Pricing, Data Science, or Actuarial function
  • Experience in the application of machine learning, statistical and mathematical techniques in General Insurance pricing, predictive modelling, risk selection, and analytics
  • Strong numerical and analytical skills, with a keen eye for problem-solving & attention to detail
  • Excellent communication and interpersonal skills, with the ability to present technical proposals to both technical and non-technical senior stakeholders
  • Self-motivated with the ability to work independently or in a team, whilst managing time effectively to perform well under pressure
  • Continuous drive to improve and demonstrate core company values to your line reports
  • Experience analysing data using Actuarial or analytical techniques or working for a UK Personal or Commercial Lines underwriter would be an advantage

We understand that some candidates may be hesitant to apply for a position if they do not meet all the criteria listed in the job description. At Covéa, we are dedicated to creating a diverse and inclusive work environment. Therefore, if you are interested in applying for this role but do not fully meet all the requirements, we still encourage you to submit your application.

What’s on offer?

  • 36.25 working hours per week with flexitime, (along with a range of flexible working options)
  • Annual pay review and performance related bonus
  • 25 days holiday + bank holidays, with the option to buy/sell holidays
  • Continued professional development through internal training programmes, professional qualifications and apprenticeships
  • A wealth of support for your mental, financial & physical wellbeing through our Wellbeing group
  • A range of health benefits such as access to a 24/7 Virtual GP, free eye tests, flu jabs and the option to opt into private medical insurance
  • Tusker Car Scheme - salary sacrifice scheme which lets you drive away a brand new, fully maintained and insured car for up to four years.
  • Generous pension scheme with a 7.5% minimum employer pension contribution, matched to maximum of 9% depending on your contribution
  • Additional benefits such as discounted gym memberships, cycle to work schemes and discounts at lots of retailers through Perkpal

Our Mission... Our mission is to welcome everyone and create engaged, inclusive teams. Being an inclusive workplace means taking action to make sure everyone has equal opportunity to succeed, irrespective of their differences. We celebrate our differences and encourage everyone to join us and be themselves at work.

As a Disability Confident Employer, we want to ensure that our recruitment process is fair for all. If you require any reasonable adjustments or wish to discuss in more detail, then please get in contact with us or mention it during the online application process.

Senior Pricing Analyst - Halifax; Home Based employer: Covéa Insurance

Covéa Insurance is an exceptional employer, offering a supportive and inclusive work culture that prioritises employee wellbeing and professional growth. With flexible working options, generous benefits including a robust pension scheme and health support, and a commitment to continuous development, employees in Halifax can thrive both personally and professionally while contributing to our mission of protecting people and delivering outstanding service.
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Contact Detail:

Covéa Insurance Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Pricing Analyst - Halifax; Home Based

Tip Number 1

Familiarise yourself with the specific pricing tools mentioned in the job description, such as WTW Radar and SQL. Having hands-on experience or even completing online tutorials can give you a significant edge during interviews.

Tip Number 2

Showcase your analytical skills by preparing examples of how you've applied machine learning or statistical techniques in previous roles. Be ready to discuss these experiences in detail, as they are crucial for the Senior Pricing Analyst position.

Tip Number 3

Network with professionals in the insurance industry, particularly those involved in pricing and analytics. Engaging with them on platforms like LinkedIn can provide insights into the role and may even lead to referrals.

Tip Number 4

Prepare to discuss how you would approach pricing optimisation and the factors that influence pricing decisions. Being able to articulate your thought process will demonstrate your expertise and strategic thinking to potential employers.

We think you need these skills to ace Senior Pricing Analyst - Halifax; Home Based

Experience in insurance pricing and underwriting
Strong numerical and analytical skills
Proficiency in machine learning techniques
Knowledge of statistical and mathematical techniques
Experience with predictive modelling
Familiarity with risk selection and analytics
Proficient in SQL and Python
Experience with WTW Radar and WTW Emblem
Ability to present technical proposals to stakeholders
Attention to detail
Excellent communication and interpersonal skills
Self-motivated and able to work independently or in a team
Time management skills
Continuous drive for improvement

Some tips for your application 🫡

Tailor Your CV: Make sure to customise your CV to highlight relevant experience in insurance pricing, data science, and analytical techniques. Emphasise your familiarity with tools like SQL and Python, as well as any machine learning applications you've worked on.

Craft a Strong Cover Letter: Write a compelling cover letter that showcases your passion for the role and the company. Mention specific projects or experiences that demonstrate your problem-solving skills and ability to work collaboratively within a team.

Highlight Key Skills: In your application, clearly outline your strong numerical and analytical skills. Provide examples of how you've successfully presented technical proposals to stakeholders, showcasing your communication abilities.

Show Enthusiasm for Continuous Learning: Express your commitment to professional development in your application. Mention any relevant training, certifications, or courses you have completed, and how they relate to the Senior Pricing Analyst role.

How to prepare for a job interview at Covéa Insurance

Showcase Your Analytical Skills

As a Senior Pricing Analyst, you'll need strong analytical abilities. Be prepared to discuss specific examples of how you've applied machine learning or statistical techniques in your previous roles. Highlight any successful projects where your analysis led to improved pricing strategies.

Understand the Tools

Familiarise yourself with the pricing and analysis tools mentioned in the job description, such as WTW Radar, WTW Emblem, SAS Enterprise Guide, SQL, and Python. If you have experience with these tools, be ready to discuss how you've used them effectively in your past work.

Prepare for Technical Presentations

You'll likely need to present technical proposals to stakeholders. Practice explaining complex concepts in simple terms, as you'll need to communicate effectively with both technical and non-technical audiences. Consider preparing a mock presentation to refine your delivery.

Demonstrate Team Collaboration

This role requires collaboration within a team environment. Be ready to share examples of how you've worked successfully in teams, especially in high-pressure situations. Emphasise your ability to manage time effectively while contributing to group objectives.

Senior Pricing Analyst - Halifax; Home Based
Covéa Insurance
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  • Senior Pricing Analyst - Halifax; Home Based

    Halifax
    Full-Time
    36000 - 54000 £ / year (est.)

    Application deadline: 2027-04-08

  • C

    Covéa Insurance

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