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- Tasks: Analyze data to support pricing teams and enhance insurance models.
- Company: Join Markerstudy, a top UK insurance provider with a strong market presence.
- Benefits: Enjoy hybrid working options and be part of an innovative team.
- Why this job: Be at the forefront of pricing innovation in a rapidly growing department.
- Qualifications: Strong analytical skills and a passion for data science are essential.
- Other info: Work with well-known brands and contribute to significant market growth.
The predicted salary is between 36000 - 60000 £ per year.
Job Title: Pricing Analyst Locations: Haywards Heath or Manchester (Hybrid working) Role overview: Markerstudy Group are looking for a Pricing Analyst to join a quickly growing and developing pricing department across a range of insurance lines. Markerstudy is a leading provider of private insurance in the UK, insuring around 5% of the private cars on the UK roads, 20% of commercial vehicles and over 30% of motorcycles in total premium levels of circa £1.2b. The majority of business is written as the insurance pricing provider behind household names such as Co-op, Sainsbury’s, O2, Halifax, AA, Saga and Lloyds Bank to list a few and Markerstudy also has a large and growing direct presence in the market as well. Having acquired and successfully integrated Co-op Insurance Services in 2021 & BGLi in 2022, Markerstudy are now pursuing innovative pricing techniques, taking advantage of an award winning insurer hosted rating platform, whilst challenging existing embedded processes. As a Pricing Analyst, you will use your analytical skills to: Support pricing teams in building and maintain sophisticated models via a range of data science techniques Monitor pricing performance via automated reporting structures Enable growth within Motor & Home portfolios Working with the technical pricing team and closely with underwriting…
Pricing Analyst employer: Vermelo RPO
Contact Detail:
Vermelo RPO Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Analyst
✨Tip Number 1
Familiarize yourself with the latest trends in insurance pricing and data science techniques. This knowledge will not only help you understand the role better but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals in the insurance industry, especially those working in pricing or analytics. Engaging with them on platforms like LinkedIn can provide insights into the company culture at Markerstudy and may even lead to referrals.
✨Tip Number 3
Prepare to discuss specific analytical tools and software you are proficient in, such as Excel, R, or Python. Highlighting your technical skills during the interview will show that you are ready to contribute to the team from day one.
✨Tip Number 4
Research Markerstudy's recent acquisitions and their impact on the pricing department. Being able to discuss how these changes might influence pricing strategies will set you apart as a candidate who is genuinely interested in the company's direction.
We think you need these skills to ace Pricing Analyst
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Pricing Analyst position. Understand the key responsibilities and required skills, such as analytical skills and experience with data science techniques.
Tailor Your CV: Customize your CV to highlight relevant experience and skills that align with the requirements of the Pricing Analyst role. Emphasize any previous work in pricing, data analysis, or insurance sectors.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the insurance industry and your analytical abilities. Mention specific examples of how you have successfully used data science techniques in past roles.
Highlight Your Technical Skills: In your application, be sure to mention any technical skills or software proficiency that are relevant to the role, such as experience with statistical modeling tools or programming languages commonly used in data analysis.
How to prepare for a job interview at Vermelo RPO
✨Showcase Your Analytical Skills
As a Pricing Analyst, your analytical skills are crucial. Be prepared to discuss specific examples of how you've used data science techniques in previous roles to build models or analyze pricing performance.
✨Understand the Insurance Market
Familiarize yourself with the UK insurance market, especially regarding private cars and commercial vehicles. Being able to discuss current trends and challenges will demonstrate your interest and knowledge in the field.
✨Prepare for Technical Questions
Expect technical questions related to pricing models and data analysis. Brush up on relevant tools and methodologies, and be ready to explain your thought process when solving complex pricing problems.
✨Highlight Collaboration Experience
Since the role involves working closely with various teams, share experiences where you successfully collaborated with others, particularly in technical settings. This will show that you can work well in a team-oriented environment.
