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For Companies At a Glance
- Tasks: Develop pricing models and forecasts to support business decisions.
- Company: Join a leading General Insurance company in the North West.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and development.
- Why this job: Be part of a team that drives strategic changes and impacts the insurance industry.
- Qualifications: Experience in Insurance or Data Analytics is essential; Actuarial knowledge is a plus.
- Other info: Applicants must be eligible to work in the UK without sponsorship.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
MERJE are hiring a Pricing Analyst for a General Insurance company in the North West.
Key Responsibilities:
- Building and developing technical pricing models around the requirements of the business and communicating effectively.
- Provide detailed and accurate forecasts and models to aid decision-making for business change activities and action planning.
- Working with the Underwriting/Data team to develop and implement strategic changes to new and existing products for the management of our underwriting portfolio.
- Ensure all pricing/data work is created to the requirements of relevant guidelines and regulations.
- Provide data/pricing services and advice that further enhance business development aligned with the business needs and requirements.
We're looking for candidates with experience in Insurance, ideally General or Non-Life Insurance. You will also have experience in some aspect of a Pricing or Data Analytics position, Actuarial or Data Science. This will include working with typical softwares across the Data Analytics platforms.
Applicants must be located and eligible to work in the UK without sponsorship.
Please note, should feedback not be received within 28 days, unfortunately your application has been unsuccessful. In applying for this role, you may be registered on our database so we can contact you about suitable opportunities in future. Your data will be managed in accordance with our Privacy Policy, which can be found on our website.
If you would like this job advertisement in an alternative format, please contact MERJE directly.
Pricing Analyst employer: MERJE Ltd
Contact Detail:
MERJE Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in pricing models within the insurance sector. Understanding how these models are developed and applied will give you an edge during discussions with our team.
✨Tip Number 2
Network with professionals in the insurance industry, especially those involved in pricing and data analytics. Engaging in conversations can provide insights into what we value at StudySmarter and help you tailor your approach.
✨Tip Number 3
Brush up on your technical skills related to data analytics software commonly used in pricing analysis. Being able to demonstrate proficiency in these tools can significantly boost your chances of impressing us.
✨Tip Number 4
Prepare to discuss specific examples from your past experience where you've successfully implemented pricing strategies or data-driven decisions. Real-world applications of your skills will resonate well with our hiring team.
We think you need these skills to ace Pricing Analyst
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to understand the key responsibilities and requirements for the Pricing Analyst position. Tailor your application to highlight relevant experience in insurance, pricing, or data analytics.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in General or Non-Life Insurance, as well as any specific skills related to pricing models and data analytics. Use concrete examples to demonstrate your expertise.
Showcase Technical Skills: Mention any software or tools you are proficient in that are relevant to data analytics and pricing. This could include statistical software, programming languages, or data visualisation tools that align with the job requirements.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for a role involving technical pricing models.
How to prepare for a job interview at MERJE Ltd
✨Understand Pricing Models
Make sure you have a solid grasp of technical pricing models relevant to the insurance industry. Be prepared to discuss how you've built or developed these models in previous roles, as this will demonstrate your expertise and suitability for the position.
✨Showcase Your Analytical Skills
Highlight your experience with data analytics and forecasting. Bring examples of how your analytical skills have contributed to decision-making processes in past roles, especially in relation to business change activities.
✨Familiarise Yourself with Regulations
Since compliance is crucial in the insurance sector, ensure you understand the relevant guidelines and regulations that govern pricing and data work. Being able to discuss how you adhere to these standards will show your professionalism and attention to detail.
✨Collaborative Mindset
Emphasise your ability to work collaboratively with teams, particularly with Underwriting and Data teams. Prepare to share examples of successful teamwork that led to strategic changes in products or processes, showcasing your communication skills and adaptability.
