At a Glance
- Tasks: Shape pricing strategy using data and analytics to drive business performance.
- Company: Join 1st Central, a leading motor and home insurer in the UK.
- Benefits: Flexible home-based work, competitive salary, and opportunities for personal growth.
- Other info: Collaborative team environment with a focus on innovation and development.
- Why this job: Make a real impact on pricing strategies and customer outcomes.
- Qualifications: 2:1 degree in a quantitative field and experience in motor insurance pricing.
The predicted salary is between 60750 - 74250 £ per year.
At 1st Central, everything starts with our people. As one of the UK's leading motor and home insurers, we use smart technology, data and great service to make insurance fast, fair and simple for over 1.4 million customers. We're proud to create an environment where people feel supported, trusted and able to grow - whether that's developing new skills, taking on fresh challenges or making a real impact every day. If you're looking for a role where you can make a difference, we'd love to hear from you.
We're looking for a Senior Pricing Analyst to join our Pricing and Proposition team, based in either Haywards Heath (West Sussex) or Salford Quays (Manchester). As part of our Telematics Pricing team, you'll work alongside experienced pricing and telematics specialists, using behavioural data, advanced analytics, and predictive modelling to shape pricing strategy and drive commercial performance. You'll apply your technical expertise and pricing insight to influence key business decisions, improve risk selection and portfolio performance, and help deliver better outcomes for our customers. This is an exciting opportunity to play a key role in the continued evolution of our telematics proposition and make a tangible impact on the business.
This role offers a predominantly home-based working pattern, with just one day per month in the office in either Salford Quays (Manchester) or Haywards Heath (West Sussex). We're also flexible; if you'd prefer to spend more time with the team, you're welcome to work from the office more frequently.
Core skills we're looking for to succeed in the role:
- Academic Background: Minimum 2:1 degree in Mathematics, Statistics, Actuarial Science, or a related quantitative discipline.
- Industry Experience: Proven experience in a pricing role within the motor insurance industry, with exposure to telematics insurance.
- Data & Analytics Expertise: Hands-on experience working with telematics or other high-velocity, high-volume sensor-based datasets using Python and SQL within cloud-based analytics environments.
- Predictive Modelling Experience: Experience developing and deploying predictive models using Python and established data science methodologies would be advantageous.
- Technical Skills & Tools: Experience with Radar is highly desirable.
This is an exciting opportunity for a Pricing Analyst who enjoys solving complex challenges through data. By combining behavioural insights, cutting-edge analytics, and predictive modelling, you'll play a key role in delivering innovative pricing solutions that drive business growth and enhance the customer experience.
Senior Pricing Analyst in Manchester employer: 1st Central
At 1st Central, we pride ourselves on fostering a supportive and dynamic work environment where our employees can thrive. As an Invoice Network Support Handler in our Haywards Heath office, you'll benefit from flexible working arrangements, opportunities for professional development, and a culture that values attention to detail and problem-solving. Join us to make a meaningful impact while enjoying the advantages of working with one of the UK's leading insurers.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Pricing Analyst in Manchester
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like 1st Central. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Pricing Analyst in Manchester
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to 1st Central.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on 1st Central's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at 1st Central
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with 1st Central.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at 1st Central will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former 1st Central employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
