Graduate Pricing Analyst

Graduate Pricing Analyst

Reigate Full-Time 28800 - 48000 £ / year (est.) No home office possible
E

At a Glance

  • Tasks: Join our Pricing team to analyse data and support pricing initiatives for motor and home insurance.
  • Company: esure Group is revolutionising insurance with over 2 million customers and a focus on digital innovation.
  • Benefits: Enjoy competitive salary, flexible working, 25 days leave, and discounts on insurance products.
  • Why this job: Be at the heart of decision-making, using data to drive change in a dynamic environment.
  • Qualifications: A degree in a mathematical/statistical subject and strong analytical skills are essential.
  • Other info: Opportunities for rotations within the team and a commitment to diversity and inclusion.

The predicted salary is between 28800 - 48000 £ per year.

Job Description

Company Description

Ready to join a team that's leading the way in reshaping the future of insurance? Here at esure Group, we are on a mission to revolutionise insurance for good!

We’ve been providing Home and Motor Insurance since 2000, with over 2 million customers trusting us to keep them covered through our esure and Sheilas’ Wheels brands. With a bold commitment for digital innovation, we're transforming the way the industry operates and putting customers at the heart of everything we do.Having completed our recent multi-year digital transformation, we’re now leveraging advanced technology and data-driven insights alongside exceptional service, to deliver personalised experiences that meet our customers ever-changing needs today and in the future.

Job Description

We are currently recruiting for multiple graduate opportunities across our Pricing department. It’s a hugely exciting time to join us as we continue to strive to be a market leading, data driven and digital business. If you have a mathematical mindset, outstanding statistical and analytical skills, love to get into the detail of things and can use data to tell a story, we want to hear from you!Being a part of the Pricing department means you will actively support us in delivering changes to prices and underwriting criteria across esure’s motor and home insurance products. You will assist in delivering pricing initiatives that really make our pricing and rating capabilities market leading. You will learn how to use marketing leading insurance software including Radar and Emblem whilst also building upon your statistical software skills by using software such as SAS and Python.Read below to find out what our Head of Portfolio Pricing, Draganco Trpcevski, has to say about our graduate opportunities:“ By joining the pricing team at esure you'll be at the centre of some of the key decision making within the company, giving you a great opportunity to effect change. Depending on your appetite you could get stuck into risk premium modelling (e.g. the likelihood of a customer claiming) using industry leading software and data science techniques. Alternatively help support and design our portfolio level pricing strategies (where should we grow, what does future profitability look like and its sensitivities to key assumptions about the future). Or you could work with people across the company to create new propositions for us to take to market.

There's also no reason why you can't do all of the above as we support rotations around the team to support the development into a future pricing leader”

Qualifications

What we’d love you to bring:

  • A degree in a mathematical / statistical subject and someone who wants to kick start their career in the Pricing space.
  • A curiosity for data with phenomenal statistical and analytical skills.
  • Outstanding mathematical and numeracy skills.
  • Strong intermediate Excel skills – someone who can manipulate, clean and present data.
  • Knowledge of statistical software like SAS, SQL or Python is highly advantageous
  • Logical approach to problem solving, attention to detail and great organisation skills.
  • An excellent communicator with who can explain complex concepts in an accessible way for non-technical audiences.
  • A passion for continuous learning.

Additional Information

The Interview Process (subject to change):

This will be a 1.5 interview with 2 senior members of our Pricing team. This will include competency style based questions alongside some technical questions focused on your pre interview research of the Insurance industry.What’s in it for you?:

  • Competitive salary that reflects your skills, experience and potential.
  • Discretionary bonus scheme that recognises your hard work and contributions to esure’s success.
  • 25 days annual leave, plus 8 flexible days and the ability to buy and sell further holiday.
  • Our flexible benefits platform is loaded with perks to choose from, so you can build a personal toolkit to support your health, wellbeing, lifestyle, and finances.
  • Company funded private medical insurance for qualifying colleagues.
  • Fantastic discounts on our insurance products! 50% off for yourself and spouse/partner and 10% off for direct family members.
  • We’ll elevate your career with hands-on training, mentoring, access to our exclusive academies, regular career conversations, and expert partner resources.
  • Driving good in the world couldn’t be more important to us. Our colleagues can use 2 volunteering days per year to support their local communities.
  • Join our internal networks and communities to connect, learn, and share ideas with likeminded colleagues.
  • We’re a proud supporter of the ABI’s ‘Make Flexible Work’ campaign and welcome you to ask about the flexibility you need. Our hybrid working approach also puts you in the driving seat of how and where you do your best work.
  • And much more; See a full overview of our benefits here Reward and benefits | Esure Group PLC

We are committed to creating an inclusive and diverse workplace where everyone feels valued, respected, and empowered. We celebrate individuality and create spaces where unique backgrounds and experiences can come together. We believe that diverse perspectives drive innovation, in turn enabling us to better serve our customers, community and build a stronger organisation. Our commitment to inclusion extends to every part of our business, from hiring practices to professional growth opportunities, ensuring equal access and support for all.

Graduate Pricing Analyst employer: esure Group

At esure Group, we pride ourselves on being an exceptional employer that champions innovation and inclusivity in the insurance sector. Our dynamic work culture fosters continuous learning and professional growth, offering graduates the chance to engage with cutting-edge technology and data-driven insights while enjoying a competitive salary, generous benefits, and a commitment to work-life balance through our hybrid working model. Join us in reshaping the future of insurance and make a meaningful impact in a supportive environment that values your contributions.
E

Contact Detail:

esure Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Graduate Pricing Analyst

✨Tip Number 1

Familiarise yourself with the insurance industry, especially pricing strategies and data analytics. Understanding current trends and challenges in the market will help you engage in meaningful conversations during your interview.

✨Tip Number 2

Brush up on your statistical software skills, particularly in SAS, SQL, and Python. Being able to demonstrate your proficiency in these tools can set you apart from other candidates and show your readiness for the role.

✨Tip Number 3

Prepare to discuss your analytical mindset by thinking of examples where you've used data to solve problems or make decisions. This will showcase your ability to apply your skills in real-world scenarios, which is crucial for a Pricing Analyst.

✨Tip Number 4

Network with professionals in the insurance and pricing sectors. Engaging with industry experts can provide insights into the role and may even lead to valuable connections that could help you land the job.

We think you need these skills to ace Graduate Pricing Analyst

Statistical Analysis
Data Manipulation
Excel Proficiency
Mathematical Skills
Attention to Detail
Problem-Solving Skills
Communication Skills
Knowledge of SAS
Knowledge of SQL
Knowledge of Python
Analytical Thinking
Organisational Skills
Curiosity for Data
Ability to Explain Complex Concepts

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your mathematical and statistical skills, as well as any relevant experience with software like SAS, SQL, or Python. Emphasise your analytical mindset and attention to detail, which are crucial for the Graduate Pricing Analyst role.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the insurance industry and the specific role at esure Group. Mention how your skills align with their mission of digital innovation and customer-centric service. Use examples to demonstrate your problem-solving abilities and passion for data.

Prepare for Technical Questions: Since the interview will include technical questions, brush up on your knowledge of pricing strategies and risk premium modelling. Be ready to discuss how you would approach data analysis and present your findings in an accessible way for non-technical audiences.

Showcase Continuous Learning: Highlight any courses, certifications, or projects that demonstrate your commitment to continuous learning in the field of data analysis and pricing. This will show esure Group that you are proactive and eager to develop your skills further.

How to prepare for a job interview at esure Group

✨Research the Company

Before your interview, take some time to understand esure Group's mission and values. Familiarise yourself with their recent digital transformation and how they leverage data in their pricing strategies. This will show your genuine interest in the company and help you answer questions more effectively.

✨Brush Up on Technical Skills

Since the role involves using statistical software like SAS, SQL, and Python, make sure you're comfortable discussing these tools. Be prepared to explain how you've used them in your studies or any projects. If you have examples of data analysis or modelling, be ready to share those experiences.

✨Prepare for Competency Questions

Expect competency-based questions that assess your analytical skills and problem-solving abilities. Think of specific examples from your academic or work experience where you've demonstrated these skills. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly.

✨Communicate Clearly

As an excellent communicator, you'll need to explain complex concepts in a way that's accessible to non-technical audiences. Practice articulating your thoughts clearly and concisely. This will be crucial during the interview, especially when discussing your analytical findings or technical knowledge.

Graduate Pricing Analyst
esure Group
E
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>