At a Glance
- Tasks: Analyse pricing data and develop models to support strategic decisions.
- Company: Join a growing insurance business with a focus on data and analytics.
- Benefits: Up to £100,000 salary, 36 days holiday, remote work, and training budget.
- Other info: Remote-first team with regular in-person workshops and clear career progression.
- Why this job: Make an impact by solving commercial problems through data-driven insights.
- Qualifications: Strong Python, SQL skills, and a background in statistics or mathematics.
The predicted salary is between 90000 - 100000 £ per year.
We are working with a growing insurance business who are looking for a highly analytical Pricing Data Analyst to join a growing data and analytics Pricing Team.
You will use statistical analysis, data science and modelling to support pricing decisions across the business.
The role will suit a Principle Pricing Analystwith a strong mathematical or statistical background who enjoys solving commercial problems through data.
What you will be doing as their Principle Pricing Analyst
- Analyse pricing and insurance data to identify trends and opportunities.
- Develop statistical and predictive models to support pricing decisions.
- Analyse the impact of pricing changes.
- Support pricing and underwriting teams with data-driven insight.
- Build and improve data science models using Python.
- Work with large datasets and translate analysis into commercial recommendations.
- Support model development, testing and validation.
- Present findings and recommendations to technical and non-technical stakeholders.
- Work closely with the wider data, pricing and underwriting teams.
What we are looking for
- Strong Python and SQL skills.
- Strong statistical and analytical ability, with experience with statistical modelling
- Pricing experience, ideally within insurance or financial services.
- Actuarial experience or progress towards actuarial exams would be highly relevant.
- Someone who thinks analytically and
- Strong mathematics and statistic skills.
- Communicates clearly with technical and non-technical stakeholders.
- Enjoys working collaboratively.
The team are remote first; however, you will still meet in person for workshops, training, team meetings and company-wide events when required.
These sessions will typically take place around once to twice a month, depending on business requirements.
Travel and accommodation expenses will be covered where office attendance requires travel.
Salary up to £100,000, 28 days holiday + 8 bank holidays (36 total), 4pm finish on Fridays, annual training budget and clear progression opportunities, + much more!
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Principal Pricing Analyst in London employer: Maxwell Bond
Join a forward-thinking company in West London that values innovation and collaboration, offering a dynamic work culture where your contributions directly impact real business solutions. With a strong focus on employee growth, you will have access to continuous learning opportunities and the chance to work with cutting-edge technologies in machine learning. Enjoy the flexibility of a hybrid work model, allowing you to balance your professional and personal life while being part of a supportive team dedicated to excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Principal Pricing Analyst in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Maxwell Bond). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Maxwell Bond. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Principal Pricing Analyst in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Maxwell Bond.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Maxwell Bond. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Maxwell Bond
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Maxwell Bond to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Maxwell Bond, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Maxwell Bond's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
