At a Glance
- Tasks: Lead pricing strategy and develop advanced analytics for personal lines insurance.
- Company: Market-leading organisation investing in innovative pricing and analytics.
- Benefits: Competitive salary, bonus, hybrid work, and career progression opportunities.
- Other info: Collaborative environment with mentoring opportunities and significant investment in technology.
- Why this job: Shape the future of pricing with impactful projects and advanced modelling techniques.
- Qualifications: Experience in personal lines insurance pricing and strong analytical skills.
The predicted salary is between 60000 - 75000 £ per year.
Our client is investing significantly in the future of its Pricing & Analytics capability, expanding its use of advanced modelling, optimisation techniques, and customer value analytics to support smarter commercial decision-making.
As a Senior/Principal Pricing Analyst you will play a key role in shaping pricing strategy across a portfolio of personal lines insurance products. This is an opportunity for an experienced pricing professional who combines deep technical expertise with commercial acumen and leadership capability.
The successful candidate will be comfortable operating at both a strategic and hands-on level, leading complex analytical projects, influencing senior stakeholders, and supporting the development of more junior team members.
The Role
Working within a highly visible Pricing & Analytics function, you will lead the development of advanced pricing and optimisation solutions designed to improve profitability, customer outcomes, retention, and long-term value. You will leverage sophisticated modelling techniques to understand customer behaviour, price sensitivity, and demand, translating insight into actionable pricing strategies that deliver measurable commercial impact. Alongside your technical responsibilities, you will provide mentoring and guidance to analysts within the team and help drive best practice across pricing and analytics.
Key Responsibilities
- Lead the design, development, and implementation of pricing and optimisation strategies across personal lines insurance products.
- Analyse customer behaviour, price elasticity, retention, and demand to identify opportunities for profitable growth.
- Develop and enhance predictive models using statistical and machine learning techniques.
- Support the development of customer lifetime value and retention frameworks to improve pricing decisions.
- Utilise pricing, competitor, and behavioural data to optimise customer outcomes and trading performance.
- Deliver clear recommendations and insights to senior stakeholders across Pricing, Commercial, Finance, and Data functions.
- Monitor model performance and identify opportunities for continuous improvement.
- Ensure pricing approaches remain aligned to regulatory requirements, fair value principles, and business objectives.
- Mentor and support junior analysts, helping to develop technical capability across the team.
- Contribute to the strategic direction of the Pricing function and support wider transformation initiatives.
About You
We are looking for a senior pricing professional who can combine strong analytical capability with stakeholder management and leadership skills.
You will have:
- Significant experience within Personal Lines Insurance Pricing.
- A strong understanding of pricing strategy, optimisation, customer behaviour, and commercial performance drivers.
- Experience developing and deploying predictive models within a pricing environment.
- Strong knowledge of pricing methodologies, statistical techniques, and analytical best practice.
- Experience working with large and complex datasets to solve commercial challenges.
- The ability to communicate technical findings to both technical and non-technical audiences.
- Experience mentoring, coaching, or managing analysts, with a genuine interest in developing others.
- Strong stakeholder management skills and experience influencing decision-making at senior levels.
- A proactive and commercially focused mindset with the ability to balance technical excellence with business outcomes.
Technical Skills
Experience with several of the following:
- Python
- SQL
- SAS
- R
- Snowflake
- Databricks
- Power BI
- Tableau
- Machine Learning and Predictive Modelling Techniques
- GLMs, GBMs, Demand and Behavioural Modelling
What's on Offer?
- Opportunity to influence pricing strategy at a senior level.
- Exposure to high-profile, commercially impactful projects.
- Significant investment in analytics, technology, and pricing capabilities.
- A collaborative environment with strong opportunities for career progression.
- Hybrid working and competitive reward package.
Please note: Applicants must have the right to work in the UK. Visa sponsorship is not available for this role.
Apply now to be considered for this exciting opportunity to help shape the future of pricing and analytics within a market-leading organisation.
Senior / Principal Pricing Analyst - Personal Lines in Manchester employer: Datatech Analytics
Our client is an exceptional employer, offering a dynamic and collaborative work environment in Manchester, where you can significantly influence pricing strategy within the personal lines insurance sector. With a strong commitment to employee development, advanced analytics investment, and a hybrid working model, this role provides not only competitive remuneration but also ample opportunities for career progression and professional growth.
StudySmarter Expert Advice🤫
We think this is how you could land Senior / Principal Pricing Analyst - Personal Lines in Manchester
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and pricing sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of pricing strategies. Be ready to discuss your experience with predictive modelling and how you've influenced decision-making in past roles. Confidence is key!
✨Tip Number 3
Showcase your leadership skills! If you’ve mentored junior analysts or led projects, make sure to highlight these experiences. Employers love candidates who can not only do the job but also help others grow.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always looking for talented individuals to join our team and help shape the future of pricing and analytics.
We think you need these skills to ace Senior / Principal Pricing Analyst - Personal Lines in Manchester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior/Principal Pricing Analyst role. Highlight your experience in personal lines insurance pricing and any relevant technical skills. We want to see how your background aligns with what we're looking for!
Showcase Your Analytical Skills:In your application, don’t shy away from showcasing your analytical prowess. Mention specific projects where you’ve developed predictive models or optimised pricing strategies. We love seeing real examples of your work!
Communicate Clearly:When writing your cover letter, keep it clear and concise. Explain why you're passionate about pricing strategy and how you can contribute to our team. Remember, we appreciate straightforward communication that gets to the point!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re genuinely interested in joining our team at StudySmarter!
How to prepare for a job interview at Datatech Analytics
✨Know Your Numbers
As a Senior/Principal Pricing Analyst, you'll need to demonstrate your expertise in pricing strategies and analytics. Brush up on key metrics related to personal lines insurance, such as price elasticity and customer retention rates. Be ready to discuss how you've used data to drive profitable growth in previous roles.
✨Showcase Your Technical Skills
Make sure you highlight your experience with tools like Python, SQL, and machine learning techniques. Prepare examples of how you've developed predictive models or optimised pricing strategies using these technologies. This will show that you can handle the technical demands of the role.
✨Prepare for Stakeholder Scenarios
Since influencing senior stakeholders is crucial, think of specific instances where you've successfully communicated complex analytical findings to non-technical audiences. Practice articulating your thought process clearly and concisely, as this will be key in demonstrating your stakeholder management skills.
✨Mentorship Matters
The role involves mentoring junior analysts, so be prepared to discuss your approach to coaching and developing others. Share examples of how you've supported team members in their growth and how you foster a collaborative environment. This will show your leadership capability and commitment to team success.
