At a Glance
- Tasks: Lead the development of pricing analytics tools and collaborate with diverse teams.
- Company: Join Chubb, a leading global insurance provider with a commitment to innovation.
- Benefits: Enjoy competitive salary, hybrid work options, and generous leave policies.
- Other info: Dynamic work environment with opportunities for professional growth and development.
- Why this job: Make a real impact in the insurance industry while growing your analytical skills.
- Qualifications: Degree in a quantitative field and experience in P&C insurance pricing required.
The predicted salary is between 60000 - 80000 £ per year.
Chubb is seeking an Analytics Pricing Product Owner to support the EMEA Analytics team and act as the bridge between actuarial pricing teams and the data and technology squads that build pricing tools, analytical platforms, and monitoring datasets. This role owns the product backlog for pricing analytics capabilities, defines requirements grounded in P&C insurance domain knowledge, and drives delivery through agile ways of working.
Product Ownership
- Define, maintain, and prioritise the product backlog for pricing analytics capabilities, ensuring alignment with business strategy, OKRs, and KPIs.
- Articulate a clear product vision and roadmap for pricing tools and analytical datasets in consultation with actuarial, underwriting, and data stakeholders.
- Translate business pricing requirements into well-defined user stories with clear acceptance criteria and measurable outcomes.
- Act as the primary liaison between actuarial pricing teams and delivery squads, gathering and clarifying requirements and maintaining ongoing stakeholder alignment.
- Participate actively in Agile ceremonies including Sprint Planning, Daily Standups, Backlog Refinement, Quarterly Release Planning (QRP), and Quarterly Business Reviews (QBR).
- Collect and analyse delivery metrics, adoption data, and stakeholder feedback to drive continuous improvement of pricing products.
- Make time-bound, accountable decisions on product priorities and trade-offs; communicate progress, risks, and challenges proactively to stakeholders.
- Identify and escalate obstacles that may hinder development progress to optimise squad workflow and productivity.
Analytics & Pricing Analysis
- Conduct pricing analyses using P&C actuarial data, including rate level monitoring, loss ratio analysis, exposure trending, and profitability reviews.
- Support the development and validation of rating factor studies, technical pricing models, and portfolio monitoring outputs.
- Work with data from actuarial and pricing systems to produce actionable insights for pricing actuaries, underwriters, and senior management.
- Contribute to the design of data specifications, field mappings, and data quality assessments for pricing and rating factor datasets.
- Assist in the design and validation of modelling datasets and analytical frameworks that support statistical pricing models (e.g., GLMs).
- Prepare clear, concise analytical outputs and presentations suitable for both technical and non-technical audiences.
Qualifications
Required Qualifications
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or a related quantitative discipline.
- 2–4 years of experience in P&C insurance pricing, actuarial analysis, or a closely related analytical role.
- Demonstrated knowledge of P&C insurance pricing concepts, including rate adequacy, loss development, rating factors, and exposure bases.
- Proficiency in data analysis tools – SQL, Python, R, or advanced Excel/VBA – for querying and analysing large insurance datasets.
- Experience working with actuarial or pricing datasets and familiarity with insurance data structures (policy, claims, and rating factor data).
- Ability to translate complex analytical problems into clear business requirements and structured product backlog items.
- Strong written and verbal communication skills; able to work effectively across actuarial, underwriting, data engineering, and technology teams.
- Comfortable working independently in ambiguous environments with minimal day-to-day guidance.
Preferred Qualifications
- Progress toward actuarial credentials (CAS or IFoA examinations).
- Experience with Agile delivery methodologies (Scrum, Kanban) and tools such as Jira.
- Familiarity with pricing platforms, rating engines, or commercial actuarial software (e.g., Guidewire, Radar, ResQ, Emblem).
- Experience with cloud data platforms or enterprise data warehouses (e.g., Snowflake, Azure, AWS).
- Experience with data visualisation tools (e.g., Power BI, Tableau).
- Prior experience in a product owner, business analyst, or product management capacity is advantageous but not required.
Benefits
- Competitive salary and pension scheme.
- Discretionary bonus scheme.
- 25 days annual leave plus the ability to purchase 5 additional days.
- Hybrid working options.
- Private medical cover.
- Employee Share Purchase Plan.
- Life Assurance.
- Subsidised gym membership.
- Comprehensive learning and development offerings.
- Employee Assistance programme.
Chubb is an equal opportunity employer. We consider all candidates, clients, and partners with equality, fairness and respect, irrespective of age, disability, race, religion, gender, sexual orientation, marital status or family circumstances.
Analytics Pricing Product Owner employer: Chubb
Chubb is an exceptional employer that fosters a collaborative and innovative work culture, particularly for the Analytics Pricing Product Owner role. With a strong focus on employee growth, Chubb offers comprehensive learning and development opportunities, competitive benefits including hybrid working options, and a commitment to diversity and inclusion, making it an ideal place for professionals seeking meaningful and rewarding careers in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Analytics Pricing Product Owner
✨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.
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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.
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Don’t shy away from reaching out directly to firms like Chubb. 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 Analytics Pricing Product Owner
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 Chubb.
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 Chubb'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 Chubb
✨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 Chubb.
✨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 Chubb 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 Chubb 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.
