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- Tasks: Support pricing strategy development and analyse data to uncover trends.
- Company: Boutique Personal Lines Insurer with ambitious growth plans.
- Benefits: Flexible working, travel expenses covered, and exposure to modern technologies.
- Why this job: Join a growing team and make an impact in the insurance sector.
- Qualifications: Degree in Finance, Economics, or Mathematics; experience in pricing or analytics preferred.
- Other info: Entry-level role with excellent career progression opportunities.
The predicted salary is between 36000 - 60000 £ per year.
This range is provided by Arthur Recruitment. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
Direct message the job poster from Arthur Recruitment
Role overview
I am working with a boutique Personal Lines Insurer who are seeking a Pricing Analyst due to growth. My client is looking to grow considerably, with plans to triple their current GWP over the next 5 years.
This is a unique role with exposure across U/W, Broking and everything in between. In addition, the successful candidate will be reporting directly to the head of pricing with an array of exposure on offer. This role would utilise modern technologies i.e Emblem, Radar.
Flexible working is on offer with 1 day required per month in the London office, with travel expensed.
Responsibilities
- Pricing Strategy Development: Support the design and execution of pricing models and strategies for travel insurance products
- Data Analysis: Analyse large datasets to uncover trends, customer behaviour, and pricing opportunities using Generalised Linear Models (GLM)
- Software Utilisation: Leverage tools like Emblem and Radar (Live) to create, test, and optimise pricing algorithms and models.
Qualifications
- Bachelor\’s degree in Finance, Economics, Mathematics, or a related discipline
- Experience in pricing, analytics, or financial roles, ideally within the insurance or travel sectors
- Proficiency in Generalised Linear Models (GLM) and familiarity with pricing software, especially Emblem and Radar Live
- Strong analytical skills with expertise in data analysis tools such as Excel, SQL, and preferably R/Python
Seniorit y level
- Entry level
Employment type
- Full-time
Job function
- Finance
Industries
- Insurance
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Pricing Analyst employer: Arthur Recruitment
Contact Detail:
Arthur Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the insurance and travel sectors, especially those who work with pricing. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Show off your skills! If you’ve got experience with Emblem or Radar, make sure to highlight that in conversations. Demonstrating your knowledge of these tools can set you apart from other candidates.
✨Tip Number 3
Prepare for interviews by brushing up on your data analysis skills. Be ready to discuss how you've used GLM or similar techniques in past roles. We want to see how you can apply your analytical prowess to real-world problems!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Pricing Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Pricing Analyst role. Highlight your experience with data analysis, GLMs, and any relevant software like Emblem or Radar. 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 in finance or analytics makes you a great fit for our team. Let us know what excites you about this role!
Show Off Your Analytical Skills: In your application, don’t forget to showcase your analytical skills. Mention specific projects or experiences where you've used data analysis tools like Excel or SQL. We love seeing how you’ve tackled real-world problems!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and we’ll be able to review your application more efficiently. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at Arthur Recruitment
✨Know Your Numbers
As a Pricing Analyst, you'll be dealing with data all the time. Brush up on your knowledge of Generalised Linear Models (GLM) and be ready to discuss how you've used them in past roles or projects. This shows you’re not just familiar with the theory but can apply it practically.
✨Familiarise Yourself with the Tools
Make sure you have a good understanding of Emblem and Radar Live before your interview. If you can, try to find online tutorials or resources to get a feel for how these tools work. Being able to talk about your experience or even hypothetical scenarios using these tools will impress your interviewers.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've analysed large datasets to uncover trends or pricing opportunities. Use the STAR method (Situation, Task, Action, Result) to structure your answers, making it easy for the interviewer to follow your thought process.
✨Understand the Company’s Growth Plans
Research the boutique Personal Lines Insurer and their growth strategy. Be ready to discuss how you can contribute to their goal of tripling their current GWP over the next five years. Showing that you understand their vision will demonstrate your genuine interest in the role.
