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 analytics.
- Why this job: Shape the future of pricing with impactful projects and advanced technology.
- 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
Join a market-leading organisation in Manchester as a Senior/Principal Pricing Analyst, where you will have the opportunity to shape pricing strategies and influence high-profile projects. With a strong focus on employee development, a collaborative work culture, and significant investment in analytics and technology, this role offers a competitive salary, excellent benefits, and a hybrid working model that promotes work-life balance. Be part of a team that values your expertise and supports your career progression in a dynamic environment.
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 connections in the insurance and pricing sectors. Attend industry events or webinars, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews by brushing up on your technical skills and understanding of pricing strategies. Be ready to discuss how you’ve used advanced modelling techniques in past roles. Show them you’re not just a numbers person, but someone who can drive commercial impact!
✨Tip Number 3
Don’t forget to showcase your leadership skills! Talk about your experience mentoring junior analysts and how you’ve influenced decision-making at senior levels. This role is all about shaping strategy, so let them see your potential as a leader.
✨Tip Number 4
Finally, apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive and engaged with our platform. Let’s get you that Senior/Principal Pricing Analyst role!
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 reflects the skills and experiences that match the job description. Highlight your expertise in personal lines insurance pricing and any relevant analytical projects you've led.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're the perfect fit for this role. Share specific examples of how you've influenced pricing strategies or mentored junior analysts in the past.
Showcase Your Technical Skills:Don’t forget to mention your experience with tools like Python, SQL, and machine learning techniques. We want to see how you’ve used these skills to drive commercial outcomes in previous roles.
Apply Through Our Website:For the best chance of success, make sure to apply directly through our website. This way, we can easily track your application and get back to you quicker!
How to prepare for a job interview at Datatech
✨Know Your Numbers
As a Senior/Principal Pricing Analyst, you'll need to demonstrate your expertise in personal lines insurance pricing. Brush up on key metrics like price elasticity and customer lifetime value. Be ready to discuss how you've used these metrics in past roles to drive profitable growth.
✨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. Practise 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 development.
