At a Glance
- Tasks: Analyse pricing models and support management with rate impact calculations.
- Company: Join a leading insurance firm with a focus on innovation and teamwork.
- Benefits: Attractive salary, flexible working options, and opportunities for professional growth.
- Why this job: Make a difference in the insurance industry with your analytical skills and insights.
- Qualifications: Strong pricing analysis skills and experience with SQL/SAS are essential.
- Other info: Collaborative environment with mentorship opportunities for career advancement.
The predicted salary is between 36000 - 60000 £ per year.
The role resides within the technical pricing and underwriting team and wider commercial team working alongside retail pricing experts, data science and product deployment. As part of pre-deployment analysis, you will support management with the analysis or rate impact calculations. Monitoring rates and determining appropriate action is also necessary.
KNOWLEDGE, SKILLS & EXPERIENCE
- Pricing analytical skills (essential)
- Personal Lines risk pricing (essential)
- Working knowledge with Akur8/Emblem/similar (highly beneficial)
- Actuarial science background (beneficial)
- Machine Learning/algorithms (beneficial)
- SQL/SAS – data extraction and analytical expert (essential)
- Open-source R/Python coding (highly beneficial)
- Leadership: ability to lead/mentor and train junior candidates in the team
Pricing Modelling Analyst- Insurance employer: MERJE
Contact Detail:
MERJE Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Modelling Analyst- Insurance
✨Tip Number 1
Network like a pro! Reach out to people in the insurance and pricing sectors on LinkedIn. A friendly message can open doors, and you never know who might have the inside scoop on job openings.
✨Tip Number 2
Show off your skills! If you've got experience with SQL, SAS, or any coding languages, be ready to demonstrate your expertise. Consider preparing a mini-project or case study that showcases your analytical skills and how you can add value to the team.
✨Tip Number 3
Practice makes perfect! Get comfortable with common interview questions related to pricing analysis and data science. Mock interviews with friends or mentors can help you articulate your thoughts clearly and confidently.
✨Tip Number 4
Don’t forget to apply through our website! We love seeing candidates who are genuinely interested in joining us. Tailor your application to highlight your relevant skills and experiences, and let us know why you’re excited about the role!
We think you need these skills to ace Pricing Modelling Analyst- Insurance
Some tips for your application 🫡
Show Off Your Pricing Skills: Make sure to highlight your pricing analytical skills in your application. We want to see how you can bring your expertise in Personal Lines risk pricing to the table, so don’t hold back!
Get Technical with Tools: If you've got experience with tools like Akur8 or Emblem, let us know! Mentioning your familiarity with these systems can really set you apart from other candidates.
Data is Key: Since SQL and SAS are essential for this role, be sure to showcase your data extraction and analytical skills. We love seeing how you’ve used these tools in past projects!
Be Yourself: Don’t forget to inject a bit of your personality into your application. We’re looking for someone who can lead and mentor others, so show us how you can connect with the team. Apply through our website and let’s get started!
How to prepare for a job interview at MERJE
✨Know Your Pricing Models
Make sure you brush up on your pricing analytical skills, especially in Personal Lines risk pricing. Be ready to discuss specific models you've worked with and how they impacted rate calculations. This will show your expertise and understanding of the role.
✨Showcase Your Technical Skills
Familiarise yourself with tools like Akur8, Emblem, or any similar software. If you have experience with SQL, SAS, or coding in R/Python, be prepared to share examples of how you've used these skills in past projects. This will demonstrate your technical prowess.
✨Prepare for Scenario Questions
Expect questions that assess your ability to monitor rates and determine appropriate actions. Think of scenarios where you've had to analyse data and make decisions based on your findings. Practising these responses can help you articulate your thought process clearly.
✨Leadership and Mentoring
If you have experience leading or mentoring junior team members, be ready to discuss this. Share specific instances where you guided others and the impact it had on the team's performance. This will highlight your leadership potential, which is a valuable asset for the role.