At a Glance
- Tasks: Lead pricing strategies and model development for motor and home insurance.
- Company: Join a celebrated personal lines insurer with a strong reputation.
- Benefits: Competitive salary, career growth, and the chance to shape pricing strategies.
- Other info: Dynamic team environment with opportunities for innovation and leadership.
- Why this job: Make a real impact in a high-stakes role at an award-winning company.
- Qualifications: Experience in UK insurance markets and strong analytical skills required.
The predicted salary is between 49500 - 60500 £ per year.
We are recruiting for a Principal Pricing Analyst on behalf of one of the UK's most recognised and celebrated personal lines insurers.
The successful candidate will influence motor and home pricing across all brands and channels; this role offers a breadth of exposure that is rare at this level in the personal lines market.
Our clients continued investment in pricing capability and data science means there is real space to grow, lead, and help shape the direction of a team that is genuinely ambitious about what pricing can achieve.
Key Responsibilities
- Recommending, delivering and overseeing changes to prices and underwriting criteria, as well as feeding in new ideas and bringing relevant market insight to the attention of the pricing team.
- Understanding the main aspects of pricing, including risk pricing, retail pricing and expenses, and how these are modelled and derived.
- Leading the building of significant risk and retail models using Radar, Emblem and alternative modelling and data science techniques, implementing changes through the pricing algorithm as required to ensure all rate changes are made promptly.
- Using insights gained from internal and external sources to deliver a step change improvement in pricing and rating capabilities.
- Deputising for the Motor or Home Pricing Manager when required.
- Key Requirements
- Experience in analysis and knowledge of the UK Motor and Home Insurance markets.
- Degree level education or equivalent, with proven numeracy skills and experience of applying multivariate statistical and data science techniques.
- A solid knowledge of pricing and modelling techniques, including statistical software such as Databricks or Python, and insurance pricing software such as Radar and Emblem.
- Well organised and logical, with strong attention to detail and the ability to communicate technical information clearly, both verbally and in concise written reports.
If you are ready to take on a high-impact pricing role at an award-winning insurer, we would love to hear from you.
Please get in touch to find out more.
We do not retain any personal information without your permission. Please refer to our data protection policy on our official website for more information.
Principal Pricing Analyst in Reigate employer: Jobiqo
Bromley Council is an exceptional employer, dedicated to fostering a supportive and inclusive work environment where employees can thrive. With a strong commitment to professional development, flexible working arrangements, and a generous benefits package, including a local government pension scheme and unique discounts, the Council prioritises employee well-being and career growth. Located in the vibrant Bromley Civic Centre, you will be part of a team that plays a crucial role in shaping the future of the borough while enjoying the balance of urban and suburban life.
StudySmarter Expert Advice🤫
We think this is how you could land Principal Pricing Analyst in Reigate
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Jobiqo. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Principal Pricing Analyst in Reigate
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Jobiqo.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Jobiqo's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Jobiqo
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Jobiqo.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Jobiqo will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Jobiqo employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
