Senior Optimisation and Pricing Analyst in London

We are looking for a highly skilled Pricing Professional to join our team. The primary responsibility will be to develop and maintain the optimisation strategy for our UK motor book, contributing to the company achieving its sales and loss ratio targets. You will support the Head of Pricing in delivering the agreed pricing strategy while seeking opportunities and working with the business to help achieve strategic objectives through analytical excellence. Developing new ideas to analyse data and be proactive with risk management.

Responsibilities:

• Effective monitoring of the following KPI’s to help aid the Business into making informed decisions.
• Develop and maintain optimisation procedures.
• Analyse data and identify trends to inform pricing decisions.
• Monitor and evaluate the effectiveness of pricing models.
• Collaborate with underwriters and other stakeholders to ensure pricing aligns with risk appetite and profitability goals.
• Provide technical pricing expertise to support business decisions.
• Conduct competitor analysis and benchmarking to inform pricing strategy.
• Ensure compliance with regulatory requirements related to pricing.
• Work directly with the Head of Pricing and other key stakeholders, including carrying out pricing analysis, making recommendations to UPCs, monitoring and updating UPCs with portfolio performances, and assisting with the governance of the Rating Structure.
• Keep up-to-date with current industry thinking, making recommendations on emerging technologies and new approaches to pricing and capturing and measuring the voice of the customer and improving customer experience and lifetime value.
• Represent the interests of Pricing in relevant business forums and projects, ensuring pricing needs are recognised and met.
• Assist with the development of Pricing team members.

Knowledge, Experience and Qualifications:

• Essential: Educated to degree level, preferably in scientific or numerical subject. Mathematics or other numerical A-level or equivalent, B grade or above. Minimum of 5 years’ experience in pricing personal lines motor insurance. Highly numerate individual. Logical thinker able to structure problems in the context of the business and translate these into actions to improve results. Ability to review the work of others for quality, accuracy and reasonableness. Ability to select & use the most appropriate analysis techniques for the business problem in hand, delivering optimal, robust pricing decisions in a timely manner.
• Desirable: Part or Fully Qualified Actuary.

Why Join Us?

We are committed to your growth, providing the support to excel in your current role whilst offering opportunities to step into new challenges and drive your career forward. We realise that we need to be a good fit for you above all else.

Our community’s unwritten rule is to be as flexible as we can be. We understand life happens, and on top of that, we like to think our benefits package is one of the best, focusing on colleagues’ health, wealth, and lifestyle.

• Up to 28 Days annual leave with the option to buy/sell up to 5 days holiday.
• 10% Discretionary Annual Bonus.
• Healix Private Medical Insurance Options.
• 3 x Annual Salary Life Assurance.
• Health and Well-being Support: Including money back on health expenses (optician, dental, physio), free flu jab voucher, 24/7 virtual GP service, employee assistance programme, and enhanced family-friendly policies (e.g. £200 baby bonus).
• Financial and Lifestyle Benefits: Offers £250 towards driving lessons, interest‑free season ticket loan, cycle scheme with discounts, Wagestream for financial flexibility, and pension advisory services for retirement planning.

Aioi Nissay Dowa Europe is committed to promoting equal opportunities in employment. Employees and job applicants will receive equal treatment regardless of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief, sex or sexual orientation (Protected Characteristics). At AND-E, equal opportunity is more than a policy—it’s a promise. We welcome applications from all individuals regardless of age, disability, gender identity, marital status, pregnancy, race, religion, sexual orientation, or any other protected characteristic.

If you require any adjustments to support you during our recruitment process, please let us know. We’re committed to making the process accessible and are happy to help.