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- Tasks: Lead pricing documentation and analyse data to support pricing decisions.
- Company: Join a rapidly growing syndicate in the Lloyd's Market.
- Benefits: Enjoy hybrid work, wellness perks, and exam sponsorship for personal growth.
- Why this job: Make an immediate impact in a collaborative and supportive team environment.
- Qualifications: 3-4 years in delegated pricing or commercial property; strong communication skills required.
- Other info: Opportunity to work cross-functionally and enhance your career in pricing.
The predicted salary is between 46800 - 78000 £ per year.
This is a fantastic opportunity to join a rapidly growing pricing function within a successful and expanding syndicate. The team are seeking a Senior Pricing Analyst with strong technical pricing skills and experience in delegated pricing or commercial property.
This role is perfect for someone with 3–4 years' relevant experience, who enjoys working with underwriters and diving into raw data to provide real commercial insights.
Key Responsibilities:
- Lead the creation of clear and insightful technical pricing documentation.
- Work with large and varied data sets to analyse delegated authority and open market risks.
- Collaborate closely with underwriters and other insurance functions to support pricing decisions.
- Maintain and enhance pricing models, ensuring alignment with Lloyd’s standards.
- Present pricing assessments effectively, including reviews of large risks and binders.
- Contribute to syndicate planning and portfolio performance analysis.
Key Requirements:
- Experience in delegated pricing or commercial property within the London Market.
- Proven ability to communicate technical findings to underwriters and non-technical stakeholders.
- Familiarity with tools like SQL, VBA and Python for data exploration (not necessarily coding-heavy).
- A natural collaborator who fits well into team dynamics and enjoys a supportive environment.
- Ideally some progress with actuarial exams—but this is not essential.
- Strong mathematical/statistical acumen and knowledge of pricing models and insurance principles.
Why Apply?
You’ll be joining a collaborative, sociable, and growing team where your skills will have immediate impact. With structured support for personal and professional growth, including exam sponsorship (if desired), wellness perks, and opportunities to work cross-functionally, this is a rare chance to carve out a fulfilling pricing career in a supportive environment.
Pricing Analyst employer: ARC IT Recruitment
Contact Detail:
ARC IT Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Analyst
✨Tip Number 1
Familiarise yourself with the Lloyd's Market and its specific pricing practices. Understanding the nuances of delegated authority and commercial property will give you a significant edge in discussions during interviews.
✨Tip Number 2
Brush up on your data analysis skills, particularly with tools like SQL, VBA, and Python. Being able to demonstrate your ability to work with large datasets and extract meaningful insights will be crucial when collaborating with underwriters.
✨Tip Number 3
Prepare to showcase your communication skills by thinking of examples where you've effectively conveyed technical findings to non-technical stakeholders. This will highlight your ability to bridge the gap between data analysis and practical application.
✨Tip Number 4
Network within the industry, especially with professionals who have experience in pricing roles. Engaging with others can provide valuable insights and potentially lead to referrals, making your application stand out.
We think you need these skills to ace Pricing Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in delegated pricing or commercial property. Use specific examples that demonstrate your technical pricing skills and ability to work with large data sets.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the key responsibilities and requirements outlined in the job description.
Showcase Technical Skills: If you have experience with SQL, VBA, or Python, be sure to mention it. Provide examples of how you've used these tools in previous roles to analyse data or support pricing decisions.
Prepare for Interviews: Anticipate questions about your experience with pricing models and your ability to communicate technical findings. Be ready to discuss how you collaborate with underwriters and contribute to team dynamics.
How to prepare for a job interview at ARC IT Recruitment
✨Showcase Your Technical Skills
Make sure to highlight your experience with technical pricing and any familiarity with tools like SQL, VBA, and Python. Be prepared to discuss specific projects where you used these skills to analyse data and provide insights.
✨Communicate Clearly
Since the role involves working closely with underwriters and non-technical stakeholders, practice explaining complex concepts in simple terms. This will demonstrate your ability to bridge the gap between technical findings and practical applications.
✨Prepare for Data Analysis Questions
Expect questions that assess your analytical skills and experience with large data sets. Be ready to discuss how you've approached data analysis in previous roles, including any challenges you faced and how you overcame them.
✨Emphasise Collaboration
This position values teamwork, so be sure to share examples of how you've successfully collaborated with others in past roles. Highlight your ability to work in a supportive environment and contribute to team dynamics.
