At a Glance
- Tasks: Lead innovative pricing solutions and develop predictive models using advanced technologies.
- 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.
- Other info: Collaborative culture with clear career progression and professional development opportunities.
- Why this job: Make a real impact in a dynamic environment while shaping customer pricing strategies.
- Qualifications: Experience in insurance pricing and strong skills in predictive modelling and programming.
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.
Why this role matters
As Transformation Principal Pricing Analyst, you will combine advanced technical skills with thought leadership to deliver innovative pricing solutions that maximise value for both customers and the business. You will provide technical leadership on modelling and optimisation, champion best practices, and coach team members to embed cutting‐edge methodologies across the department. Ultimately, you will play a pivotal role in driving the evolution of our pricing capability and ensuring we stay ahead in a fast moving market.
What you will 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 are 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 are passionate about using data, technology, and creativity to make insurance smarter and more accessible. Joining our Pricing team means you will work across multiple areas of the business, gaining exposure to a wide variety of challenges and opportunities. You will 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 are 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 in London employer: Markerstudy Ltd
Markerstudy Group is an exceptional employer that fosters a collaborative and innovative work culture, offering flexible hybrid working arrangements across locations such as Peterborough, Manchester, London, and Stoke-on-Trent. With a strong commitment to employee growth, we provide clear career progression opportunities, professional development, and a vibrant office environment, all while prioritising sustainability and the well-being of our team members through comprehensive benefits like private medical insurance and a yearly bonus scheme.
StudySmarter Expert Advice🤫
We think this is how you could land Transformation Principal Pricing Analyst in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry on LinkedIn or at events. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by practising common questions and showcasing your technical skills. Be ready to discuss your experience with predictive modelling and programming languages like Python or R.
✨Tip Number 3
Showcase your passion for innovation! During interviews, share examples of how you've challenged the norm or implemented best practices in your previous roles.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed and you can keep track of your progress.
We think you need these skills to ace Transformation Principal Pricing Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Transformation Principal Pricing Analyst role. Highlight your technical expertise in predictive modelling and programming languages like R and Python, as these are key for us.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about pricing transformation. Share specific examples of how you've driven innovation or improved processes in previous roles, and don’t forget to mention your experience with WTW Radar and Azure Databricks!
Showcase Your Communication Skills:Since you'll be communicating complex ideas to various stakeholders, make sure your application demonstrates your ability to convey technical concepts clearly. Use straightforward language and avoid jargon where possible to show us you can bridge the gap between technical and non-technical audiences.
Apply Through Our Website:We encourage you to apply directly through our website. This way, you’ll ensure your application gets to the right people quickly, and you can easily keep track of your application status. Plus, it shows us you're keen on joining our team!
How to prepare for a job interview at Markerstudy Ltd
✨Know Your Numbers
As a Transformation Principal Pricing Analyst, you'll need to demonstrate your expertise in predictive modelling and pricing techniques. Brush up on your knowledge of GLMs, machine learning algorithms, and the specific tools mentioned in the job description, like WTW Radar and Azure Databricks. Be ready to discuss how you've applied these in past roles.
✨Showcase Your Communication Skills
You'll be communicating complex technical concepts to various stakeholders, so practice explaining your previous projects in simple terms. Prepare examples where you successfully conveyed insights to both technical and non-technical audiences. This will show that you can bridge the gap between data and decision-making.
✨Prepare for Technical Questions
Expect to face technical questions related to programming languages like Python, R, or SQL. Review common coding challenges or case studies relevant to pricing analysis. You might even want to do a mock interview with a friend to get comfortable with articulating your thought process.
✨Emphasise Your Passion for Innovation
Markerstudy values innovation and continuous improvement, so be prepared to discuss how you've challenged the norm in your previous roles. Share specific examples of how you've implemented new methodologies or technologies that improved processes or outcomes. This will highlight your alignment with their company culture.
