At a Glance
- Tasks: Lead pricing strategy and develop predictive models to drive business performance.
- Company: Major UK insurer with a focus on innovation and growth.
- Benefits: Competitive salary, flexible working options, and professional development opportunities.
- Why this job: Shape pricing strategies that directly impact company success and your career.
- Qualifications: Experience in insurance pricing and strong statistical skills required.
- Other info: Collaborative environment with opportunities for mentorship and career advancement.
The predicted salary is between 60000 - 84000 £ per year.
This major UK insurer is looking to appoint a Lead Pricing Analyst into their Strategic Pricing team. It’s an opportunity to shape pricing strategy at scale, leading complex projects that directly influence growth, profitability and competitive position.
As Lead Pricing Analyst, you will be at the centre of pricing strategy, using advanced actuarial and statistical techniques to deliver insight, influence decision makers and drive performance across key metrics such as conversion, retention and loss ratio.
The role:
- Lead the development, validation and deployment of predictive pricing models, including machine learning approaches.
- Take ownership of data integrity for pricing and performance monitoring, ensuring robust, reliable inputs to decision making.
- Deliver strategic pricing analysis and present clear, commercial recommendations to senior stakeholders.
- Build and maintain dashboards and reporting that provide transparent views of performance and opportunities.
- Evaluate new internal and external data sources, presenting cost benefit cases to enhance pricing capability.
- Manage pricing projects across the full control cycle, from scoping and planning through to implementation and review.
- Work closely with Underwriting, Distribution and other commercial teams to support strategic initiatives and tenders.
- Monitor market developments and competitor behaviour and translate these into pricing actions and strategies.
Skills and experience:
- Experience in general insurance pricing or a closely related field.
- Strong technical ability in statistical and actuarial techniques and a commercial mindset.
- Proficiency in SAS, R or Python and experience with predictive modelling tools such as Emblem and Radar.
- A track record of delivering impactful pricing analysis to non-technical stakeholders.
- Experience leading projects and supporting the development and coaching of junior analysts.
- Academic background: Degree in Statistics, Mathematics, Actuarial Science or a closely related quantitative discipline.
Flexible working is available, full time or part time considered. Interested? Please send your CV for immediate consideration.
Lead Pricing Analyst employer: Gerrard White Consulting
Contact Detail:
Gerrard White Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lead Pricing Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to pricing analysis. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your skills effectively.
✨Tip Number 3
Showcase your technical skills! If you're proficient in SAS, R, or Python, be ready to discuss specific projects where you've used these tools. Bring examples of predictive models you've developed and how they impacted business decisions.
✨Tip Number 4
Don’t forget to apply through our website! It’s a great way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Lead Pricing Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your experience in general insurance pricing and any relevant technical abilities, like proficiency in SAS, R, or Python.
Showcase Your Projects: When detailing your work experience, focus on specific projects where you led pricing analysis or developed predictive models. This will demonstrate your ability to manage complex projects and deliver impactful results.
Keep It Clear and Concise: Your application should be easy to read and straight to the point. Use bullet points for key achievements and avoid jargon that might confuse non-technical stakeholders.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensure it gets the attention it deserves!
How to prepare for a job interview at Gerrard White Consulting
✨Know Your Numbers
As a Lead Pricing Analyst, you'll need to demonstrate your strong technical ability in statistical and actuarial techniques. Brush up on key metrics like conversion rates, retention, and loss ratios, and be ready to discuss how you've used these in past roles.
✨Showcase Your Tools
Familiarity with SAS, R, or Python is crucial for this role. Make sure you can talk about your experience with predictive modelling tools like Emblem and Radar. Bring examples of projects where you’ve successfully implemented these tools to drive pricing strategies.
✨Communicate Clearly
You’ll be presenting complex data to non-technical stakeholders, so practice simplifying your insights into clear, commercial recommendations. Prepare a few examples of how you've done this in the past to showcase your communication skills.
✨Stay Ahead of the Market
Research current market developments and competitor behaviour before your interview. Be prepared to discuss how these insights could translate into actionable pricing strategies, showing that you’re proactive and knowledgeable about the industry.