At a Glance
- Tasks: Lead pricing initiatives and analyse customer responses to optimise value.
- Company: Join a forward-thinking insurance company in Manchester with a hybrid work model.
- Benefits: Enjoy competitive pay, professional development, and a dynamic work environment.
- Why this job: Shape the future of pricing in a transformative team with significant tech investment.
- Qualifications: Experience in insurance pricing and strong numerical skills required.
- Other info: Exciting career growth opportunities in a collaborative culture.
The predicted salary is between 36000 - 60000 £ per year.
It’s an exciting time to join this Client’s Retail Pricing & Analytics team. Their transformation programme is evolving in line with a refreshed Pricing & Analytics strategy, backed by significant investment in technology, analytical capability, and learning and development. They are looking for a driven Principal Pricing Analyst to help shape the future of pricing.
Responsibilities
- Lead the end-to-end delivery of high-value pricing and optimisation initiatives.
- Analyse customer responses to price changes using advanced modelling and scenario analysis.
- Drive improvements in customer lifetime value and retention outcomes.
- Monitor competitor pricing and market trends to inform strategic decisions.
- Ensure fair value is central to all pricing activity, particularly for existing customers.
- Oversee data quality, process documentation and trading performance improvements.
- Build strong relationships with stakeholders, influencing across teams and senior leadership.
Requirements
- Significant experience in insurance pricing, ideally in a senior or leadership role.
- Strong numerical expertise (degree or equivalent proficiency in a quantitative discipline).
- Expertise in predictive modelling for risk and/or demand.
- Proven ability to solve complex problems and take initiative.
- Experience leading or coordinating small project teams.
- Proficiency with analytical tools such as Python, SQL, R, SAS (desirable).
- Understanding of machine learning techniques and statistical methods relevant to insurance.
You must be eligible and authorised to work in the UK; the client is unable to consider any visas.
We may close this advert early due to high interest – if you’re keen to join us, please apply soon.
Principal Pricing Analyst in Manchester employer: Guaranteed Tenants Ltd
Contact Detail:
Guaranteed Tenants Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Principal Pricing Analyst in Manchester
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to pricing analysis. We recommend using the STAR method to structure your answers – it helps you showcase your skills effectively.
✨Tip Number 3
Showcase your analytical skills during interviews. Bring examples of how you've used data to drive pricing decisions or improve customer retention. Numbers speak louder than words!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about joining our team.
We think you need these skills to ace Principal Pricing Analyst in Manchester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Principal Pricing Analyst role. Highlight your experience in insurance pricing and any relevant analytical skills. We want to see how your background aligns with our needs!
Showcase Your Skills: Don’t just list your skills; demonstrate them! Use specific examples of how you've used predictive modelling or led projects in your previous roles. This helps us see your potential impact on our team.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Explain why you’re excited about this role and how you can contribute to our transformation programme. We love seeing genuine enthusiasm for what we do.
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 ensures you don’t miss out on any updates from us!
How to prepare for a job interview at Guaranteed Tenants Ltd
✨Know Your Numbers
As a Principal Pricing Analyst, you'll need to showcase your strong numerical expertise. Brush up on key metrics and analytical techniques relevant to pricing strategies. Be ready to discuss how you've used data to drive decisions in previous roles.
✨Showcase Your Modelling Skills
Familiarise yourself with predictive modelling and scenario analysis. Prepare examples of how you've applied these skills in past projects, especially in insurance pricing. This will demonstrate your ability to analyse customer responses effectively.
✨Understand the Market Landscape
Research current market trends and competitor pricing strategies. Be prepared to discuss how you would monitor these trends and use them to inform strategic decisions. This shows that you're proactive and understand the broader context of pricing.
✨Build Relationships
Highlight your experience in building strong relationships with stakeholders. Think of examples where you've influenced decisions across teams or senior leadership. This is crucial for a role that requires collaboration and communication.