Find a job 
Featured Companies 
Featured Universities 
For Companies 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.
- Other info: Dynamic role with frequent travel and excellent career growth potential.
- Why this job: Make a real impact by transforming pricing strategies with innovative techniques.
- Qualifications: 3+ years in insurance pricing and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ 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; 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.
Pricing Advisory employer: Guidewire
Contact Detail:
Guidewire Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Advisory
✨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 hunt for a Pricing Advisory role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Get ready for those interviews! Brush up on your analytical skills and be prepared to discuss your experience with complex pricing models. We want to see how you can translate your knowledge into actionable strategies for clients.
✨Tip Number 3
Show off your communication skills! When presenting your ideas, make sure you can break down complex concepts into simple terms. This will help you connect with stakeholders and demonstrate your ability to deliver clear insights.
✨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 their job search!
We think you need these skills to ace Pricing Advisory
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Pricing Advisory role. 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!
Showcase Your Analytical Skills: Since this role requires strong analytical abilities, don’t shy away from showcasing your quantitative skills. Mention specific tools or methodologies you’ve used in past roles that demonstrate your expertise in developing complex pricing models.
Communicate Clearly: Your written communication is key! Ensure your application is clear and concise. Use straightforward language to explain your experiences and how they relate to the responsibilities of the role. We appreciate clarity just as much as complexity!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures it gets into the right hands. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Guidewire
✨Know Your Pricing Models
Make sure you brush up on the latest pricing models and techniques, especially GLMs and machine learning methods. Be ready to discuss how you've applied these in your previous roles, as this will show your depth of knowledge and experience.
✨Understand Client Needs
Before the interview, research common challenges faced by insurance pricing teams. Think about how you can help them elevate their strategies and operations. This will allow you to tailor your responses and demonstrate your consulting mindset.
✨Showcase Your Communication Skills
Since you'll be presenting findings to senior stakeholders, practice explaining complex analytical concepts in simple terms. Use examples from your past experiences to illustrate your points clearly and effectively.
✨Prepare for Travel Discussions
As travel is a key part of this role, be ready to discuss your flexibility and willingness to meet clients on-site. Share any relevant experiences where you've successfully managed travel while delivering exceptional service.