Transformation Principal Pricing Analyst
Transformation Principal Pricing Analyst

Transformation Principal Pricing Analyst

Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead innovative pricing solutions and develop predictive models using advanced technical skills.
  • Company: Join Markerstudy, a leading UK insurance provider known for innovation and growth.
  • Benefits: Enjoy private medical insurance, life assurance, flexible working, and generous annual leave.
  • Why this job: Shape the future of pricing and make a real impact in a dynamic environment.
  • Qualifications: Experience in insurance pricing and proficiency in programming languages like R and Python.
  • Other info: Collaborative culture with clear career progression and professional development opportunities.

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

Location: Peterborough, Manchester, London, Stoke-on-Trent (flexible hybrid working). We support remote working with occasional travel to our offices.

Are you ready to use your technical expertise to help transform pricing capabilities? At Markerstudy, we’re on a mission to redefine how we deliver value to our customers and the business. This is your opportunity to join our Pricing Transformation team and play a key role in shaping the future of pricing across one of the UK’s leading insurance providers.

Why this role matters

As Transformation Principal Pricing Analyst, you’ll combine advanced technical skills with thought leadership to deliver innovative pricing solutions that maximise value for both customers and the business. You’ll provide technical leadership on modelling and optimisation, champion best practices, and coach team members to embed cutting‑edge methodologies across the department. Ultimately, you’ll play a pivotal role in driving the evolution of our pricing capability and ensuring we stay ahead in a fast moving market.

What you’ll do

  • Lead the development and maintenance of predictive models (GLMs) and price optimisation techniques, including machine learning algorithms (GBM), Lifetime Value models (LTV), and fair pricing principles.
  • Provide technical leadership on WTW Radar and Emblem, driving effective and efficient solutions.
  • Research, develop, and champion best practice methods; upskill the team through coaching and code reviews.
  • Query and engineer large datasets (e.g., Python/R/SQL/PySpark) on modern platforms (e.g., Azure Databricks).
  • Communicate pricing proposals and insights clearly and persuasively to stakeholders at all levels.
  • Collaborate with Modelling, Optimisation, and Street Pricing teams to ensure solutions meet business objectives and are production ready.
  • Coach and mentor team members, fostering a culture of innovation and continuous improvement.

What we’re looking for

  • Previous experience in general insurance pricing.
  • Strong technical expertise in predictive modelling techniques (e.g. GLMs and machine learning models).
  • Proficiency in programming languages such as R, Python, PySpark, SAS, or SQL.
  • Good knowledge of Azure Databricks and modern data technologies.
  • Experience with WTW Radar software and optimisation tools.
  • A quantitative degree in Mathematics, Statistics, Engineering, Physics, Computer Science, or Actuarial Science.
  • Excellent communication skills to convey complex technical concepts to technical and non-technical audiences.
  • A passion for innovation, continuous improvement and challenging the norm.

What we offer

  • A collaborative, fast‑paced environment where innovation thrives.
  • Private medical insurance, life assurance (4x salary), and yearly bonus scheme.
  • 25 days annual leave increasing with length of service, plus bank holidays (with options to buy more).
  • Modern, vibrant offices and flexible hybrid working.
  • Clear opportunities for career progression and professional development.

About Markerstudy

Markerstudy Group is one of the UK’s leading insurance providers, known for its innovative approach and rapid growth. With over 6,000 colleagues and 8 million customers, we deliver a wide range of motor, home, pet, and specialist insurance products through well‑known brands like Swinton, Carole Nash, and Marmalade. We’re passionate about using data, technology, and creativity to make insurance smarter and more accessible. Joining our Pricing team means you’ll work across multiple areas of the business, gaining exposure to a wide variety of challenges and opportunities. You’ll be central to shaping customer pricing strategies, driving value, and influencing decisions at the heart of a dynamic, forward‑thinking organisation. As a business committed to sustainability and investing in its people, we’re proud to hold Investors in People Gold accreditation. We offer clear opportunities for career progression, professional development, and the chance to make a real impact in a growing organisation where your work truly matters.

Ready to make your mark? Apply now and help lead the future of pricing transformation at Markerstudy.

Transformation Principal Pricing Analyst employer: Markerstudy Group

Markerstudy is an exceptional employer that fosters a collaborative and innovative work culture, offering flexible hybrid working arrangements across vibrant offices in Peterborough, Manchester, London, and Stoke-on-Trent. With a strong commitment to employee growth, we provide clear career progression opportunities, professional development, and a range of benefits including private medical insurance and a yearly bonus scheme, making it an ideal place for those looking to make a meaningful impact in the insurance industry.
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Contact Detail:

Markerstudy Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Transformation Principal Pricing Analyst

✨Tip Number 1

Network like a pro! Reach out to people in the industry, especially those at Markerstudy. A friendly chat can open doors and give you insights that might just set you apart from other candidates.

✨Tip Number 2

Show off your skills! Prepare a portfolio or case studies showcasing your predictive modelling and optimisation projects. This will help you demonstrate your technical expertise and thought leadership during interviews.

✨Tip Number 3

Practice your communication skills! You’ll need to convey complex ideas clearly, so try explaining your past projects to friends or family. The clearer you are, the more confident you’ll feel in interviews.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining the Markerstudy team.

We think you need these skills to ace Transformation Principal Pricing Analyst

Predictive Modelling
Machine Learning Algorithms
GLMs
Lifetime Value Models (LTV)
Price Optimisation Techniques
Programming Languages (R, Python, PySpark, SQL, SAS)
Azure Databricks
WTW Radar Software
Data Engineering
Communication Skills
Coaching and Mentoring
Innovation
Continuous Improvement
Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Transformation Principal Pricing Analyst role. Highlight your experience with predictive modelling and programming languages like R or Python, as these are key for us.

Showcase Your Technical Skills: Don’t hold back on showcasing your technical expertise! We want to see your experience with GLMs, machine learning, and tools like WTW Radar. Be specific about your contributions and achievements.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about pricing transformation and how your skills align with our mission at Markerstudy. Keep it engaging and relevant.

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 important updates!

How to prepare for a job interview at Markerstudy Group

✨Know Your Numbers

Brush up on your predictive modelling techniques, especially GLMs and machine learning algorithms. Be ready to discuss how you've applied these in past roles, as this will show your technical expertise and ability to lead in this area.

✨Master the Tools

Familiarise yourself with WTW Radar, Emblem, and Azure Databricks. If you can demonstrate your proficiency in these tools during the interview, it’ll give you a significant edge and show that you're prepared to hit the ground running.

✨Communicate Clearly

Practice explaining complex technical concepts in simple terms. You’ll need to convey pricing proposals to both technical and non-technical stakeholders, so being able to articulate your ideas clearly is crucial.

✨Show Your Passion for Innovation

Be prepared to discuss examples of how you've challenged the norm in previous roles. Highlight any innovative solutions you've implemented and how they benefited your team or organisation, as this aligns perfectly with their mission to redefine value delivery.

Transformation Principal Pricing Analyst
Markerstudy Group

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