At a Glance
- Tasks: Lead pricing strategies and model development for motor and home insurance.
- Company: Join a celebrated personal lines insurer with a strong reputation.
- Benefits: Competitive salary, career growth, and the chance to shape pricing strategies.
- Other info: Opportunity to work with advanced data science techniques and tools.
- Why this job: Make a real impact in a high-stakes role within an ambitious team.
- Qualifications: Experience in UK insurance markets and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ per year.
We are recruiting for a Principal Pricing Analyst on behalf of one of the UK's most recognised and celebrated personal lines insurers. The successful candidate will influence motor and home pricing across all brands and channels; this role offers a breadth of exposure that is rare at this level in the personal lines market. Our client's continued investment in pricing capability and data science means there is real space to grow, lead, and help shape the direction of a team that is genuinely ambitious about what pricing can achieve.
Key Responsibilities
- Recommending, delivering and overseeing changes to prices and underwriting criteria, as well as feeding in new ideas and bringing relevant market insight to the attention of the pricing team.
- Understanding the main aspects of pricing, including risk pricing, retail pricing and expenses, and how these are modelled and derived.
- Leading the building of significant risk and retail models using Radar, Emblem and alternative modelling and data science techniques, implementing changes through the pricing algorithm as required to ensure all rate changes are made promptly.
- Using insights gained from internal and external sources to deliver a step change improvement in pricing and rating capabilities.
- Deputising for the Motor or Home Pricing Manager when required.
Key Requirements
- Experience in analysis and knowledge of the UK Motor and Home Insurance markets.
- Degree level education or equivalent, with proven numeracy skills and experience of applying multivariate statistical and data science techniques.
- A solid knowledge of pricing and modelling techniques, including statistical software such as Databricks or Python, and insurance pricing software such as Radar and Emblem.
- Well organised and logical, with strong attention to detail and the ability to communicate technical information clearly, both verbally and in concise written reports.
If you are ready to take on a high-impact pricing role at an award-winning insurer, we would love to hear from you.
Principal Pricing Analyst in London employer: Claims Recruitment Services
Join a leading personal lines insurer in Reigate, where your expertise as a Principal Pricing Analyst will directly influence motor and home pricing strategies across multiple brands. With a strong commitment to employee development and a collaborative work culture, you'll have the opportunity to grow your skills in a dynamic environment that values innovation and data-driven decision-making. Enjoy competitive benefits and the chance to shape the future of pricing in an ambitious team dedicated to excellence.
Contact Details:
Claims Recruitment Services Recruitment Team
