Senior Price Implementation Analyst

Senior Price Implementation Analyst

Liverpool Full-Time 36000 - 60000 Β£ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Manage and implement pricing structures for various vehicle insurance schemes.
  • Company: Acorn Insurance is a fast-growing specialist motor insurance provider in the UK.
  • Benefits: Enjoy 31-35 days of annual leave, company sick pay, and mental health support.
  • Why this job: Make a real impact in a supportive culture that values your contributions and growth.
  • Qualifications: Experience with Radar, insurance industry knowledge, and strong organisational skills required.
  • Other info: Hybrid working available; must have at least one year left on your visa.

The predicted salary is between 36000 - 60000 Β£ per year.

Acorn Insurance is a fast-growing insurance business. It operates with a fast-decision making culture and can-do attitude. Its core products are specialist private car, taxi, and commercial vehicles. With Β£300m GWP today and better return than the market, it is aiming to be the leading specialist motor insurance business in the UK.

We are looking for a high-performing Senior Price Implementation Analyst to join our growing Pricing Department. There is substantial scope to improve our pricing implementation sophistication – and the person coming in will have a lot of opportunity to make an impact. This role will be to implement rating structures for either Private Car, Telematics, Commercial Vehicle or Taxi pricing schemes, reporting into our Head of Price Implementation.

Working hours: 37.5 Hours per week, Monday to Friday, 9am to 5:30pm

Location: Liverpool City Centre, Hybrid working available

What you will be doing:

  • Management and implementation of pricing structures and models.
  • Aid in the direction on approach of pricing builds and implementation.
  • Building, updating and reviewing XML outputs within the rating models.
  • Conduct thorough testing before deploying new or updated pricing structures.
  • Identify conflicts within the pricing structures that would prevent them being implemented smoothly.
  • Maintaining awareness of practical implications of pricing changes.
  • Identify improvements to pricing structures.
  • Conduct peer reviews of team members builds and change to maintain a high level of accuracy.
  • Keep up to date documentation and audit trails of deployed pricing changes into the live system.
  • Maintain implementation schedules based on agreed prioritisation criteria.
  • Working closely with team members to refine and improve the system.

What we are looking for:

  • Experienced user of Radar and Radar Live.
  • Experience of working in the insurance industry.
  • Ability to understand complex rating structures.
  • Excellent planning and organisational skills.
  • Experience of managing and prioritising multiple priorities.
  • Good verbal and written communication skills, able to explain technical concepts to non-technical stakeholders.
  • Ability to analyse problems and challenges, and develop structured solutions.
  • Desire to offer new solutions in a proactive manner.
  • Provide coaching where appropriate.

About Acorn Insurance:

We are a growing business with great opportunities to build your knowledge of the financial services industry. As a specialist insurance provider, we have 40 years of experience helping people secure motor insurance across all of the UK. We help more than 50,000 customers to find a policy that meets their needs and gives them the peace of mind that comes with high-quality insurance.

At Acorn Insurance we provide full training and continuous coaching in-house. You will be given full in-depth FCA regulated industry knowledge and have all the tools necessary to help you personally grow your career with the business.

We celebrate difference and it’s important to us that we have a culture where our people feel respected and valued for who they are. We pride ourselves on being accessible and encourage inclusive environments where our people can always give and show the very best of themselves.

Why Acorn Insurance?

Acorn Insurance want to give you more than a job, we want to give you a purpose and a career. So, what can we offer you as an employer? Some of the "your tomorrow" benefits you will receive include:

  • Enhanced Annual Leave entitlement starting at 31 days and potentially increasing to 35 days per year depending on grade & length of service (including bank holidays).
  • Additional Buy & Sell Holidays.
  • Company Sick Pay Scheme.
  • Company Paid Maternity & Paternity Leave.
  • Generous Company Pension Scheme.
  • A comprehensive Mental Health support system via the health assured Employee Assistance Programme (EAP).
  • A wide network of mental health first aiders.
  • Our very own reward and discount platform "Your tomorrow".
  • Fresh fruit Deliveries twice a week.
  • Β£250 Refer a friend bonus.
  • Cycle to work scheme.
  • Free eye test vouchers and a contribution towards the frames.
  • Regular Employment Engagement including ongoing competitions with fantastic prizes.

All roles are subject to DBS and Financial checks; any offer made will be conditional until checks are completed to a satisfactory standard. Unfortunately, due to the length of training and complexity of the role, we can only accept applications from candidates who have at least one year remaining on their (Graduate/ Post study work) visa. Unfortunately, we are unable to provide visa sponsorships.

At Acorn, we are committed to creating an inclusive and supportive work environment. We recognise that candidates may have specific needs and are happy to consider reasonable adjustments to the recruitment process and working environment to accommodate individual requirements. Whether it’s modifying equipment, adjusting working hours, or providing additional support, we aim to ensure all employees can perform at their best. If you require any reasonable adjustments, please let us know during the application or interview process, and we will work with you to ensure your needs are met.

Senior Price Implementation Analyst employer: Acorn Insurance and Financial Services Limited

Acorn Insurance is an exceptional employer, offering a dynamic work environment in the heart of Liverpool City Centre. With a strong focus on employee growth, we provide comprehensive training and continuous coaching, ensuring that our team members are well-equipped to excel in their careers. Our inclusive culture celebrates diversity and prioritises employee well-being, with generous benefits such as enhanced annual leave, mental health support, and a commitment to creating a supportive workplace for all.
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Contact Detail:

Acorn Insurance and Financial Services Limited Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Senior Price Implementation Analyst

✨Tip Number 1

Familiarise yourself with the specific pricing structures used in the insurance industry, particularly for private car and commercial vehicles. Understanding these nuances will help you demonstrate your expertise during discussions.

✨Tip Number 2

Network with professionals in the insurance sector, especially those who work with pricing models. Engaging in conversations can provide insights into the company culture at Acorn Insurance and may even lead to referrals.

✨Tip Number 3

Brush up on your skills with Radar and Radar Live, as these are essential tools for the role. Consider taking online courses or tutorials to enhance your proficiency, which will make you a more attractive candidate.

✨Tip Number 4

Prepare to discuss your problem-solving abilities in detail. Think of specific examples where you've identified issues within pricing structures and how you approached resolving them, as this will showcase your analytical skills.

We think you need these skills to ace Senior Price Implementation Analyst

Experience with Radar and Radar Live
Understanding of complex rating structures
Management and implementation of pricing structures
XML output building and updating
Thorough testing of pricing structures
Conflict identification within pricing models
Planning and organisational skills
Ability to manage and prioritise multiple tasks
Verbal and written communication skills
Analytical problem-solving skills
Proactive approach to offering new solutions
Coaching and mentoring abilities
Attention to detail
Documentation and audit trail maintenance

Some tips for your application 🫑

Tailor Your CV: Make sure your CV highlights relevant experience in pricing implementation and the insurance industry. Emphasise your familiarity with Radar and Radar Live, as well as any specific projects that demonstrate your ability to manage complex rating structures.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at Acorn Insurance. Discuss how your skills align with their needs, particularly in managing pricing structures and conducting thorough testing. Use specific examples to illustrate your problem-solving abilities.

Showcase Communication Skills: Since the role requires explaining technical concepts to non-technical stakeholders, include examples in your application that demonstrate your strong verbal and written communication skills. This could be through previous roles or projects where you successfully conveyed complex information.

Highlight Continuous Learning: Mention any ongoing training or professional development related to pricing strategies or the insurance sector. Acorn Insurance values growth, so showcasing your commitment to learning will resonate well with them.

How to prepare for a job interview at Acorn Insurance and Financial Services Limited

✨Understand the Pricing Structures

Make sure you have a solid grasp of pricing structures, especially in the insurance sector. Be prepared to discuss how you would approach implementing and improving these structures, as this role heavily focuses on that.

✨Familiarise Yourself with Radar and Radar Live

Since experience with Radar and Radar Live is crucial for this position, ensure you can speak confidently about your experience with these tools. If you have specific examples of how you've used them in past roles, share those during the interview.

✨Showcase Your Problem-Solving Skills

Be ready to discuss past challenges you've faced in pricing implementation and how you resolved them. This will demonstrate your analytical skills and ability to develop structured solutions, which are key for this role.

✨Communicate Clearly with Non-Technical Stakeholders

Since you'll need to explain complex concepts to non-technical team members, practice articulating technical information in simple terms. This will show your communication skills and your ability to work collaboratively within a diverse team.

Senior Price Implementation Analyst
Acorn Insurance and Financial Services Limited
Location: Liverpool
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