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For Companies At a Glance
- Tasks: Lead pricing model development and analyse data to optimise strategies.
- Company: Join a top general insurance firm in Manchester, shaping their pricing team.
- Benefits: Competitive salary up to £70,000 plus bonuses and growth opportunities.
- Why this job: Be part of an innovative team driving impactful pricing strategies in insurance.
- Qualifications: Experience in insurance pricing and proficiency in SQL, Python, or R required.
- Other info: Opportunity to work with diverse teams and develop new pricing tools.
The predicted salary is between 42000 - 84000 £ per year.
Miryco Consultants are working with a leading general insurance firm who are looking to expand their pricing team in Manchester. You will play a key role in shaping the development of the team as it continues to grow, acting as a leader both in terms of setting team culture and driving forward innovative strategies.
Key Responsibilities:
- Develop and refine pricing models using statistical and machine learning techniques.
- Analyse large datasets to identify trends and opportunities for pricing optimization.
- Work closely with underwriters, actuaries, and data scientists to enhance pricing strategies.
- Implement and monitor pricing structures to ensure competitiveness and profitability.
- Support business decision-making through insightful reporting and analysis.
- Contribute to the development of new pricing tools and frameworks.
What We’re Looking For:
- Strong experience in insurance pricing, ideally within general or personal lines insurance.
- Proficiency in SQL, Python, R, or similar programming languages for data analysis.
- Experience with Emblem, Radar, SAS, or other pricing software is a plus.
- Strong statistical and analytical skills, with the ability to translate data into actionable insights.
- Excellent communication skills and the ability to work with stakeholders across different teams.
- A degree in Mathematics, Statistics, Actuarial Science, Economics, or a related field.
Salary: Up to £70,000, plus bonus.
Location: Manchester
Senior Pricing Analyst employer: Miryco Consultants Ltd
Contact Detail:
Miryco Consultants Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pricing Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in insurance pricing and data analysis. This will not only help you during interviews but also demonstrate your genuine interest in the field and the role.
✨Tip Number 2
Network with professionals in the insurance industry, especially those working in pricing roles. Engaging with them on platforms like LinkedIn can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your technical skills, particularly in SQL, Python, and R. Consider working on personal projects or contributing to open-source projects that showcase your ability to analyse data effectively.
✨Tip Number 4
Prepare to discuss specific examples of how you've used statistical methods to drive pricing strategies in previous roles. Being able to articulate your past successes will set you apart from other candidates.
We think you need these skills to ace Senior Pricing Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in insurance pricing, particularly within general or personal lines. Emphasise your proficiency in SQL, Python, R, or any relevant programming languages, and mention any experience with pricing software like Emblem or Radar.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your skills align with the key responsibilities, such as developing pricing models and analysing datasets. Use specific examples to demonstrate your analytical skills and ability to work with cross-functional teams.
Highlight Relevant Projects: If you have worked on projects that involved statistical analysis or pricing optimisation, be sure to include these in your application. Detail your role, the tools you used, and the outcomes of the projects to showcase your expertise.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is crucial for a Senior Pricing Analyst role.
How to prepare for a job interview at Miryco Consultants Ltd
✨Showcase Your Technical Skills
Make sure to highlight your proficiency in SQL, Python, R, or any other relevant programming languages during the interview. Be prepared to discuss specific projects where you've used these skills to analyse data and develop pricing models.
✨Demonstrate Your Analytical Thinking
Prepare examples of how you've identified trends and opportunities for pricing optimisation in previous roles. Use concrete data to illustrate your thought process and the impact of your decisions on business outcomes.
✨Communicate Effectively
Since the role involves working closely with underwriters, actuaries, and data scientists, practice articulating complex ideas in a clear and concise manner. This will show your ability to collaborate across teams and convey insights effectively.
✨Understand the Company’s Pricing Strategies
Research the general insurance firm and their current pricing strategies. Being knowledgeable about their market position and competitors will allow you to ask insightful questions and demonstrate your genuine interest in the role.
