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For Companies At a Glance
- Tasks: Analyse pricing strategies and customer behaviour to optimise market performance.
- Company: Join a rapidly growing Personal Lines Insurer with ambitious plans for the future.
- Benefits: Enjoy remote work flexibility with just one day a month in the London office.
- Why this job: Be part of a dynamic team making impactful pricing decisions in a thriving industry.
- Qualifications: Advanced data skills in Python, SQL, SAS, and VBA; knowledge of personal lines pricing is essential.
- Other info: Two vacancies available, perfect for those passionate about data and analytics.
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.
Market Pricing Analyst (Street Pricing) 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)
✨Tip Number 1
Familiarise yourself with the tools mentioned in the job description, especially Radar, Python, SQL, SAS, and VBA. Consider taking online courses or tutorials to enhance your skills in these areas, as practical knowledge will set you apart from other candidates.
✨Tip Number 2
Stay updated on market trends and pricing strategies within the personal lines insurance sector. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the role and the industry.
✨Tip Number 3
Network with professionals in the insurance and pricing analysis fields. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within their organisations.
✨Tip Number 4
Prepare for potential case studies or practical assessments during the interview process. Brush up on your analytical skills and be ready to discuss how you would approach real-world pricing scenarios, showcasing your problem-solving abilities.
We think you need these skills to ace Market Pricing Analyst (Street Pricing)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your advanced data and analytical skills, especially with tools like Python, SQL, SAS, and VBA. Include any relevant experience with pricing strategies or personal lines underwriting to align with the job requirements.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss your understanding of price elasticity and customer behaviour, and how your skills can contribute to the Market Pricing team’s success.
Showcase Relevant Experience: When detailing your work experience, focus on specific projects where you evaluated price adjustments or analysed portfolio performance. Use metrics to demonstrate your impact and problem-solving abilities.
Proofread and Edit: Before submitting your application, carefully proofread your documents for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Market Pricing Analyst.
How to prepare for a job interview at Arthur Recruitment
✨Showcase Your Analytical Skills
Be prepared to discuss your experience with data analysis tools like Python, SQL, SAS, and VBA. Highlight specific projects where you've successfully worked with large datasets and how your insights led to impactful decisions.
✨Understand Pricing Strategies
Familiarise yourself with concepts like price elasticity and customer behaviour. Be ready to explain how these factors influence pricing strategies in the insurance sector, as this knowledge will demonstrate your industry acumen.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities. Prepare examples of how you've tackled challenges in previous roles, particularly those related to pricing adjustments and portfolio performance analysis.
✨Emphasise Team Collaboration
Since the role involves working closely with the rate implementation team, be sure to highlight your teamwork skills. Share experiences where you collaborated effectively with others to achieve common goals, especially in a remote setting.
