Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead pricing analysis for major clients and enhance team capabilities.
- Company: Join NFU Mutual, a top UK insurance firm focused on customer satisfaction.
- Benefits: Enjoy a competitive salary, annual bonuses, and generous leave policies.
- Why this job: Make an impact from day one in a supportive, inclusive environment.
- Qualifications: Strong analytical skills; experience with data and a willingness to learn coding.
- Other info: We value diversity and encourage applicants to discuss any adjustments needed.
The predicted salary is between 27600 - 38400 £ per year.
Overview
Lead Pricing Analyst role at NFU Mutual within the Risk Pricing team, Large Corporate Insurance. You will apply pricing discipline and act as a technical role model to influence and deliver department projects, including supporting Commercial growth targets beyond farming.
Responsibilities
- Carry out case pricing for household-name clients using experience-based pricing models and discuss outcomes with underwriters.
- Perform technical reviews of underlying pricing model assumptions.
- Extract, check, monitor and analyse data; identify performance trends and opportunities to drive performance and achieve wider business objectives.
- Utilise pricing techniques, software skills and industry experience to enhance the team\’s technical capability and ensure accurate prices for customers.
- Take initiative to drive your own work forward and provide guidance to other team members as needed.
About you
- Strong analytical background with the ability to apply skills in a commercial environment and make an impact from day one.
- Solid data analytics experience, data quality awareness, and confidence working with large datasets.
- Actuarial experience in pensions, life, or general insurance pricing is welcome but not required.
- Mathematical and analytical mindset with problem-solving ability to draw meaningful insights from data.
- SQL or coding experience is useful; a willingness to learn and develop in this area is important.
- Experience in the insurance industry is advantageous but not prerequisite.
- Strong teamwork and collaboration; ability to communicate technical information to audiences with varying levels of technical skill.
- Evidence of qualities: inquisitive mindset, tenacity, continuous improvement approach, resilience, and drive to complete tasks.
We are committed to an inclusive workplace and value diverse perspectives. We encourage applicants to discuss any adjustments needed during recruitment. NFU Mutual is a Disability Confident Employer and signatory to Race at Work and Women in Finance Charter.
Benefits and Rewards
- Salary up to £46,000 depending on skills and experience
- Annual bonus up to 10% of salary
- Contributory pension scheme up to 20% (employee 8% contribution)
- 25 days annual leave plus bank holidays; buy/sell holiday trading scheme
- Family-friendly policy to help balance work and family responsibilities
- Discounts at High Street brands, travel and supermarkets
- £20 monthly gym membership contribution (terms apply)
- Health and wellbeing plan with cashback for dental, optical, physio and more
- Voluntary benefits including private medical and dental insurance
- Employee volunteering – one day per year
- Refer a Friend scheme (£500)
- Life Assurance cover of 4 x salary
- Employee discounts on NFU Mutual insurance policies
Working at NFU Mutual
NFU Mutual is a leading UK general insurance and financial services company with a long history of putting customers first. We value our people and strive to be a great place to work, recognized with awards and industry rankings. We empower and support our people to grow and contribute to our long-term success.
Seniority level
- Associate
Employment type
- Full-time
Job function
- Other
Industries
- Insurance and Financial Services
#J-18808-Ljbffr
Lead Pricing Analyst employer: NFU Mutual
Contact Detail:
NFU Mutual Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lead Pricing Analyst
✨Tip Number 1
Familiarise yourself with the latest pricing techniques and software used in the insurance industry. This will not only enhance your technical skills but also demonstrate your commitment to staying current in a rapidly evolving field.
✨Tip Number 2
Network with professionals in the insurance sector, especially those involved in pricing analysis. Engaging in conversations can provide insights into the role and may even lead to referrals or recommendations.
✨Tip Number 3
Showcase your analytical mindset by preparing examples of how you've successfully used data to drive performance in previous roles. Be ready to discuss these during interviews to highlight your problem-solving abilities.
✨Tip Number 4
Demonstrate your willingness to learn SQL or coding by taking online courses or working on personal projects. This proactive approach will impress potential employers and show that you're serious about developing your skills.
We think you need these skills to ace Lead Pricing Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your analytical skills and experience with data analytics. Emphasise any relevant experience in the insurance industry, even if it's not a prerequisite, and showcase your problem-solving abilities.
Craft a Strong Cover Letter: In your cover letter, explain why you're interested in the Lead Pricing Analyst role at NFU Mutual. Discuss how your background aligns with their requirements, particularly your experience with large datasets and any coding skills you possess.
Showcase Relevant Skills: When filling out your application, be sure to highlight your SQL or coding experience, as well as your ability to communicate technical information effectively. Mention any specific projects where you've driven performance or improved processes.
Prepare for Potential Questions: Think about how you would discuss your analytical mindset and teamwork skills in an interview. Be ready to provide examples of how you've used data to drive decisions or improve outcomes in previous roles.
How to prepare for a job interview at NFU Mutual
✨Showcase Your Analytical Skills
As a Lead Pricing Analyst, your analytical background is crucial. Be prepared to discuss specific examples of how you've used data analytics to drive performance in previous roles. Highlight any experience with large datasets and how you’ve drawn meaningful insights from them.
✨Demonstrate Technical Proficiency
Familiarity with SQL or coding can set you apart. If you have experience in these areas, be sure to mention it. If not, express your willingness to learn and develop these skills, as this shows initiative and a growth mindset.
✨Communicate Effectively
You’ll need to convey complex technical information to various audiences. Practice explaining your past projects or pricing models in simple terms. This will demonstrate your ability to collaborate and work within a team, which is essential for the role.
✨Exhibit a Problem-Solving Mindset
Prepare to discuss challenges you've faced in your previous roles and how you approached solving them. Emphasise your inquisitive nature and resilience, as these qualities are highly valued in the insurance industry.
