At a Glance
- Tasks: Analyse pricing strategies and evaluate their impact on customer behaviour.
- Company: Join a rapidly growing Personal Lines Insurer with a dynamic team.
- Benefits: Enjoy remote work flexibility and competitive pay.
- Why this job: Make a real difference in pricing strategies while developing your analytical skills.
- Qualifications: Strong data analysis skills and knowledge of pricing principles required.
- Other info: Opportunity for career growth in a supportive environment.
The predicted salary is between 36000 - 60000 £ per year.
I am working with a growing Personal Lines Insurer who have two vacancies within their Market Pricing team! My client has grown significantly over the last few years and has strong plans to continue this trajectory over the coming years. This role is largely remote, with one day a month required in the London office.
Responsibilities
- Evaluate the impact of price adjustments before and after implementation using Radar.
- Develop a deep understanding of price elasticity, customer behavior, and other factors influencing optimal pricing strategies.
- Analyse portfolio performance and identify deviations from expected outcomes.
- Work closely with the rate implementation team to ensure accurate pricing execution.
Requirements
- Advanced data and analytical skills, capable of working with large, complex datasets using tools like Python, SQL, SAS, and VBA (Radar experience is a plus).
- Strong problem-solving abilities and business acumen, with solid knowledge of personal lines underwriting and pricing principles.
Seniority level: Associate
Employment type: Full-time
Job function: Finance
Industries: Insurance
Market Pricing Analyst (Street Pricing) in London employer: Arthur Recruitment
Contact Detail:
Arthur Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Market Pricing Analyst (Street Pricing) in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working in pricing roles. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your analytical skills. Be ready to discuss how you've tackled complex datasets in the past, and don’t forget to highlight your experience with tools like Python and SQL!
✨Tip Number 3
Showcase your problem-solving abilities! During interviews, share specific examples of how you've identified issues in pricing strategies and what steps you took to resolve them. This will demonstrate your business acumen.
✨Tip Number 4
Don’t just apply anywhere; apply through our website! We’ve got a streamlined process that makes it easy for you to showcase your skills and get noticed by hiring managers in the Market Pricing team.
We think you need these skills to ace Market Pricing Analyst (Street Pricing) in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Market Pricing Analyst role. Highlight your experience with data analysis and any relevant tools like Python or SQL. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about pricing strategies and how your background makes you a great fit for our team. Keep it engaging and personal – we love to see your personality!
Showcase Relevant Experience: When detailing your work experience, focus on roles where you've dealt with pricing, data analysis, or customer behaviour. We’re keen to see how you've tackled similar challenges in the past and what results you achieved.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at Arthur Recruitment
✨Know Your Numbers
Brush up on your data analysis skills, especially with tools like Python, SQL, and SAS. Be ready to discuss how you've used these tools in past roles to evaluate pricing strategies or analyse portfolio performance.
✨Understand the Market
Familiarise yourself with current trends in personal lines insurance and pricing strategies. Being able to discuss recent changes in the market and how they affect pricing will show that you’re proactive and knowledgeable.
✨Showcase Problem-Solving Skills
Prepare examples of how you've tackled complex problems in previous roles. Think about specific instances where your analytical skills led to successful outcomes, particularly in pricing adjustments or customer behaviour analysis.
✨Engage with the Team
Since this role involves working closely with the rate implementation team, be prepared to discuss how you collaborate with others. Highlight any experiences where teamwork led to improved pricing execution or project success.