At a Glance
- Tasks: Design innovative pricing models and optimise customer value using data analytics.
- Company: Join a leading retail pricing team in the UK personal lines insurance sector.
- Benefits: Enjoy remote work with quarterly office meet-ups and a collaborative culture.
- Why this job: Make a significant impact on pricing strategies while solving complex problems.
- Qualifications: Experience in insurance pricing and proficiency in SAS, SQL, Python, or R required.
- Other info: Ideal for self-starters who love innovation and teamwork.
The predicted salary is between 36000 - 60000 £ per year.
An exciting opportunity has arisen for a Senior Pricing Analyst to join a leading retail pricing team within the UK personal lines insurance sector. If you're passionate about data, innovation, and using advanced analytical tools to shape pricing strategies, this role offers the perfect platform to make a significant impact.
What You'll Be Doing:
- Designing and developing innovative pricing models
- Conducting price optimisation and customer lifetime value modelling
- Extracting insights from data using tools such as SAS, SQL, Python, and R
- Building and maintaining predictive models using a range of statistical techniques
- Collaborating with underwriting, data science, and other business units
- Presenting actionable insights to senior stakeholders to drive commercial decisions
- Leading continuous improvements in process and model performance
What We’re Looking For:
- Experience in general insurance pricing (personal lines preferred)
- Hands-on knowledge of tools such as SAS, SQL, Python, R, (Emblem OR Radar)
- Strong understanding of predictive modelling techniques (e.g. Logistic Regression, GBMs, Decision Trees, Clustering)
- A quantitative degree in Mathematics, Statistics, Actuarial Science, Engineering, or similar
- Excellent communication skills with the ability to translate complex findings into business actions
Desirable Traits:
- Curiosity and drive to challenge the status quo
- A logical mindset and a self-starter attitude
- Passion for innovation and improvement
- A collaborative team player with a sense of humour
If you're looking to take the next step in your pricing career, enjoy solving complex problems and want to influence pricing strategies across a dynamic insurance portfolio, we’d love to hear from you.
Senior Pricing Anlayst employer: GerrardWhite
Contact Detail:
GerrardWhite Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pricing Anlayst
✨Tip Number 1
Familiarise yourself with the latest trends in pricing strategies within the insurance sector. Understanding current market dynamics and how they influence pricing can give you an edge during discussions with our team.
✨Tip Number 2
Brush up on your technical skills, especially in SAS, SQL, Python, and R. Being able to demonstrate your proficiency in these tools during interviews will show us that you're ready to hit the ground running.
✨Tip Number 3
Prepare to discuss specific examples of how you've used predictive modelling techniques in past roles. We love hearing about real-world applications of your skills, so think of scenarios where you've made a significant impact.
✨Tip Number 4
Showcase your communication skills by practising how to present complex data insights clearly and concisely. We value candidates who can translate technical findings into actionable business strategies for stakeholders.
We think you need these skills to ace Senior Pricing Anlayst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in general insurance pricing, especially personal lines. Emphasise your hands-on knowledge of tools like SAS, SQL, Python, and R, as well as any predictive modelling techniques you've used.
Craft a Compelling Cover Letter: In your cover letter, express your passion for data and innovation. Discuss how your background aligns with the role's requirements and provide specific examples of how you've successfully designed pricing models or optimised prices in previous roles.
Showcase Your Analytical Skills: When detailing your experience, focus on your ability to extract insights from data and present them to stakeholders. Use quantifiable achievements to demonstrate your impact on pricing strategies and model performance.
Prepare for Potential Questions: Anticipate questions related to your experience with statistical techniques and tools. Be ready to discuss specific projects where you applied these skills, and think about how you can convey complex findings in a straightforward manner.
How to prepare for a job interview at GerrardWhite
✨Showcase Your Analytical Skills
As a Senior Pricing Analyst, your ability to analyse data is crucial. Be prepared to discuss specific examples of how you've used tools like SAS, SQL, Python, or R to develop pricing models or optimise prices in previous roles.
✨Demonstrate Your Understanding of Predictive Modelling
Familiarise yourself with predictive modelling techniques such as Logistic Regression and Decision Trees. During the interview, explain how you've applied these techniques in real-world scenarios to drive business decisions.
✨Communicate Complex Ideas Simply
You’ll need to present insights to senior stakeholders, so practice explaining complex findings in a straightforward manner. Use examples from your past experiences to illustrate how you’ve successfully communicated data-driven insights.
✨Emphasise Collaboration and Innovation
This role requires working closely with various teams. Highlight your experience in collaborative projects and your passion for innovation. Share instances where you challenged the status quo and contributed to process improvements.