At a Glance
- Tasks: Analyse data and develop pricing models using advanced statistical techniques.
- Company: Cova Insurance, dedicated to protecting what matters most with award-winning service.
- Benefits: Flexible working hours, remote options, competitive salary, and performance bonuses.
- Other info: Embrace a culture of continuous improvement and enjoy excellent career growth opportunities.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: Strong analytical skills, experience in predictive modelling, and leadership abilities.
The predicted salary is between 60000 - 80000 € per year.
We have an exciting opportunity to join us here at Cova Insurance as a Principal Pricing Analyst, within our Commercial Pricing Team! At Cova Insurance, we're all about protecting what matters most - whether it's your home, your car, or your business. With our award-winning customer service and a wide range of insurance products, we're here to make a real difference.
In this role, you'll be working in a team where you will be supporting the pricing of SME products, using statistical and machine learning techniques to analyse complex data sets, build predictive models, and uncover patterns to deliver sophisticated pricing structures, address business challenges and discover valuable insights. This role is fully remote, giving you the flexibility to work from the comfort of your home. If you prefer the buzz of the office, you're welcome to work from our Halifax or Reading offices whenever you like! At Cova, balance matters. We know life is busy, so we're open to flexible hours, different working patterns, and arrangements that fit your circumstances. Many of our colleagues already work flexibly and we're always happy to explore what works best for you. This is more than just a job - it's a chance to grow, develop, be part of something great and take on more responsibility.
What does a day-to-day look like?
- Maintaining and developing sophisticated pricing models
- Analyse, evaluate, and assess new rating factors and develop pricing structures that utilise them
- Acquire and maintain an in-depth knowledge of the pricing and analysis tools used across the team, including WTW Radar, WTW Emblem, Databricks, SAS Enterprise Guide, SQL, and Python
- Support leaders within pricing and the wider business to deliver business objectives, including driving improvements to risk selection, loss ratio and growth.
- Taking responsibility for managing certain processes and liaising with relevant stakeholders both within and external to the organisation.
- Managing and developing analysts, demonstrating and role modelling the company values and promoting a culture of continuous improvement and agility.
What you can bring to the team:
- Excellent numerical and analytical skills, a good problem solver and high attention to detail & accuracy
- Experience of predictive modelling and machine learning techniques applicable to insurance pricing
- Exceptional critical thinking skills and intellectually curious
- Good communication and interpersonal skills
- Ability to lead, manage and develop others in your team
- Adaptable to changing needs of the business in a competitive market
- Experience analysing data using Actuarial or analytical techniques (Desirable)
Not sure if you tick every box? That's okay! At Cova, we understand that not every candidate will meet every requirement listed. If this opportunity excites you and you feel you could be a great fit, we warmly encourage you to apply. We are committed to building a diverse and inclusive team where everyone has the chance to thrive.
Why join us?
- Flexible working
- 36.25 hours a week with flexitime & hybrid options
- Annual pay review
- Plus performance bonuses (up to 30% depending on level)
- Generous holidays 25-27 days +
Principal Pricing Analyst - Home Based; Halifax; Reading in Hope employer: Covea Insurance
Cova Insurance is an exceptional employer that prioritises work-life balance and employee growth, offering a fully remote Principal Pricing Analyst role with the flexibility to work from home or our Halifax and Reading offices. With a commitment to continuous improvement and a culture that values diversity and inclusion, employees enjoy generous holidays, annual pay reviews, and performance bonuses, making it a rewarding place to develop your career while contributing to meaningful insurance solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Principal Pricing Analyst - Home Based; Halifax; Reading in Hope
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at CovaInsurance. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for the interview by practising common questions related to pricing analysis and machine learning. We recommend using real-world examples from your experience to showcase your skills and problem-solving abilities.
✨Tip Number 3
Show off your analytical skills during the interview! Bring along a portfolio of your work or case studies that demonstrate your expertise in predictive modelling and data analysis.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at CovaInsurance.
We think you need these skills to ace Principal Pricing Analyst - Home Based; Halifax; Reading in Hope
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Principal Pricing Analyst role. Highlight your analytical skills, experience with predictive modelling, and any relevant tools you've used. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're excited about this role at CovaInsurance and how your background makes you a great fit. Be genuine and let your personality come through – we love to see enthusiasm!
Showcase Your Analytical Skills:Since this role involves complex data analysis, make sure to include specific examples of how you've used statistical or machine learning techniques in your previous work. We’re keen to see your problem-solving abilities in action!
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come in through our own platform!
How to prepare for a job interview at Covea Insurance
✨Know Your Numbers
As a Principal Pricing Analyst, you'll be dealing with complex data sets and predictive models. Brush up on your numerical and analytical skills before the interview. Be ready to discuss specific examples of how you've used statistical techniques or machine learning in past roles.
✨Familiarise Yourself with Tools
CovaInsurance uses tools like WTW Radar, SQL, and Python. Make sure you have a good understanding of these platforms. If you’ve worked with similar tools, be prepared to explain how you used them to solve problems or improve processes.
✨Showcase Your Leadership Skills
This role involves managing and developing analysts. Think of instances where you've led a team or project. Highlight your ability to mentor others and promote a culture of continuous improvement, as this aligns with Cova's values.
✨Be Ready for Scenario Questions
Expect questions that assess your critical thinking and problem-solving abilities. Prepare for scenario-based questions where you might need to analyse a hypothetical pricing challenge. This will demonstrate your adaptability and strategic thinking in a competitive market.
