Pricing Advisory in London

Pricing Advisory in London

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Consult with insurance pricing teams to enhance their strategies and operations.
  • Company: Join Guidewire, a leading platform for P&C insurers worldwide.
  • Benefits: Competitive salary, travel opportunities, and a commitment to diversity.
  • Why this job: Make a real impact by transforming pricing strategies with cutting-edge techniques.
  • Qualifications: 3+ years in insurance pricing and strong analytical skills required.
  • Other info: Dynamic role with opportunities for professional growth and international exposure.

The predicted salary is between 36000 - 60000 £ per year.

We are seeking a highly motivated and experienced individual to join our team as a Pricing Advisory professional. This role is crucial for helping our diverse client base—insurance pricing teams—elevate the sophistication and effectiveness of their pricing strategies and operations. The successful candidate will leverage their deep industry experience to consult on best practices, analytical methods, and technological integration.

Key Responsibilities

  • Client Consultation: Work directly with client pricing teams to assess their current capabilities, identify gaps in sophistication, and recommend actionable strategies for improvement.
  • Strategic Development: Assist clients in developing advanced pricing models, incorporating new data sources, and optimizing rate-setting methodologies.
  • Implementation Support: Guide clients through the implementation of new pricing tools, software, and analytical frameworks.
  • Knowledge Transfer: Conduct workshops and training sessions for client teams on cutting‐edge pricing techniques, regulatory compliance, and market dynamics.
  • Stakeholder Management: Present findings and recommendations to senior stakeholders, translating complex analytical concepts into clear, business‐focused insights.
  • Travel: Travel is required to meet with clients at their locations to deliver consulting services.

Qualifications

  • The ideal candidate must demonstrate a strong background in insurance pricing:
  • Minimum of 3+ years, and ideally 5+ years, of direct experience within an insurance pricing team (P&C).
  • Proven track record of developing and implementing complex pricing models (e.g., GLMs, machine learning techniques).
  • Experience in consulting or advisory services is a plus.

Skills And Attributes

  • Analytical Excellence: Superior quantitative and analytical skills with proficiency in pricing software (e.g., Earnix, Quantee, WTW, Akur8), experience with statistical packages for programming languages is a plus.
  • Communication: Excellent verbal and written communication skills.
  • Multilingualism (Huge Advantage): The ability to speak multiple languages is a significant advantage due to our international client base.
  • Travel: Willingness and ability to travel frequently to client sites.
  • Problem‐Solving: A proactive and strategic approach to overcoming complex business and technical challenges.

The Main Challenge

The core challenge of this role is to successfully help the pricing teams of our clients to develop the sophistication of their pricing. This involves moving teams beyond traditional actuarial methods to embrace modern data science techniques, real‐time pricing, and advanced portfolio management, all while navigating regulatory constraints and organizational change. 30% Travel required.

About Guidewire

Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. We combine digital, core, analytics, and AI to deliver our platform as a cloud service. More than 540+ insurers in 40 countries, from new ventures to the largest and most complex in the world, run on Guidewire.

As a partner to our customers, we continually evolve to enable their success. We are proud of our unparalleled implementation track record with 1600+ successful projects, supported by the largest R&D team and partner ecosystem in the industry. Our Marketplace provides hundreds of applications that accelerate integration, localization, and innovation.

Guidewire Software, Inc. is proud to be an equal opportunity and affirmative action employer. We are committed to an inclusive workplace, and believe that a diversity of perspectives, abilities, and cultures is a key to our success. Qualified applicants will receive consideration without regard to race, color, ancestry, religion, sex, national origin, citizenship, marital status, age, sexual orientation, gender identity, gender expression, veteran status, or disability. All offers are contingent upon passing a criminal history and other background checks where it is applicable to the position.

Pricing Advisory in London employer: Guidewire Software

At Guidewire, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. Our Pricing Advisory professionals benefit from extensive employee growth opportunities, including hands-on client engagement and the chance to lead workshops on cutting-edge pricing techniques. With a commitment to diversity and inclusion, we create an environment where every voice is valued, making it an ideal place for those seeking meaningful and rewarding careers in the insurance sector.
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Contact Detail:

Guidewire Software Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pricing Advisory in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance pricing world and let them know you're on the lookout for opportunities. You never know who might have a lead or can put in a good word for you.

✨Tip Number 2

Get ready for those interviews! Research the company and prepare to discuss how your experience aligns with their needs, especially around advanced pricing models and client consultation. Practice makes perfect!

✨Tip Number 3

Show off your analytical skills! Be prepared to share examples of how you've tackled complex pricing challenges in the past. Use data and results to back up your claims—numbers speak volumes!

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining our team at Guidewire.

We think you need these skills to ace Pricing Advisory in London

Client Consultation
Analytical Skills
Pricing Model Development
Statistical Analysis
Communication Skills
Multilingualism
Problem-Solving Skills
Implementation Support
Stakeholder Management
Knowledge Transfer
Technical Integration
Data Science Techniques
Regulatory Compliance
Adaptability
Travel Willingness

Some tips for your application 🫔

Tailor Your CV: Make sure your CV speaks directly to the role of Pricing Advisory. Highlight your experience in insurance pricing and any relevant projects you've worked on. We want to see how your skills align with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about pricing strategies and how your background makes you the perfect fit for our team. Keep it engaging and personal—let us get to know you!

Showcase Your Analytical Skills: Since this role requires strong analytical abilities, don’t shy away from mentioning specific tools or methodologies you’ve used in the past. We love seeing concrete examples of how you've tackled complex pricing challenges!

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it’s super easy!

How to prepare for a job interview at Guidewire Software

✨Know Your Pricing Models

Make sure you brush up on the latest pricing models and techniques, especially those relevant to insurance. Be ready to discuss your experience with GLMs and machine learning methods, as these will likely come up during the interview.

✨Showcase Your Client Consultation Skills

Prepare examples of how you've successfully consulted with clients in the past. Highlight your ability to assess their needs, identify gaps, and recommend actionable strategies. This will demonstrate your fit for the role and your understanding of client dynamics.

✨Communicate Clearly and Confidently

Practice explaining complex analytical concepts in simple terms. Since you'll be presenting findings to senior stakeholders, being able to translate technical jargon into business-focused insights is crucial. Consider doing mock interviews to refine this skill.

✨Be Ready to Discuss Travel and Flexibility

Since the role requires travel to client sites, be prepared to discuss your willingness and ability to travel frequently. Share any previous experiences where travel was a part of your job, and how you managed it effectively.

Pricing Advisory in London
Guidewire Software
Location: London
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