At a Glance
- Tasks: Develop pricing strategies and optimise retail performance through data analysis.
- Company: Major retail insurer undergoing transformation with a focus on innovation.
- Benefits: Competitive salary, hybrid working, and opportunities for professional growth.
- Other info: Collaborative environment with strong investment in team development.
- Why this job: Join at a pivotal moment to shape pricing strategies and make a real impact.
- Qualifications: Experience in insurance pricing and a degree in a mathematics-related field.
The predicted salary is between 65000 - 65000 £ per year.
North Co Recruitment are working with a major retail insurer to appoint a Pricing Analyst into their Retail Pricing team. The function is mid-transformation, with active investment in headcount, analytical tooling, and technical development - this is a role you join at the right time, not one where the work is already done.
What you'll do
- Develop rate proposals that optimise retail performance through analysis of mix, demand, and loss ratio trends.
- Own the end-to-end rate change process - from approval through to implementation and tracking of delivered value.
- Shape pricing strategy with direct input from competitor and market intelligence, rather than simply executing decisions made above you.
- Drive new product and deal testing initiatives from a pricing perspective, with real input into what gets built.
- Champion fair value in every pricing decision, with a particular focus on outcomes for existing customers.
- Partner with stakeholders across the business to build buy-in for pricing recommendations.
What we're looking for
- Experience in an insurance pricing role, with exposure to personal lines or retail products.
- Degree (2:1 or above) in a mathematics-related discipline.
- Proficiency with R, Python, or similar analytical tools, with working knowledge of statistical techniques.
- Strong communicator, comfortable translating complex analysis into clear recommendations for non-technical audiences.
- Able to build effective relationships and influence decisions across different levels of an organisation.
- Resilient and self-motivated, with the ability to manage competing priorities under pressure.
Hybrid working applies, with a mix of home and office-based collaboration. If you're looking for a pricing role with genuine development investment, a transformation context, and the chance to grow alongside a team being built out, we'd be keen to speak.
Salary: Up to £65,000 base, plus discretionary bonus
Location: Hybrid, Manchester based.
Please note, the client is unable to offer sponsorship for this opportunity.
For more information or to discuss other opportunities, reach out to Tom Parker or Melanie Smit, visit our website or follow our LinkedIn page.
Pricing Analyst / Senior Analyst in Colchester employer: North Co Recruitment
Join a forward-thinking retail insurer that is committed to investing in its people and technology, making it an excellent employer for a Pricing Analyst. With a dynamic work culture that encourages innovation and collaboration, you'll have the opportunity to shape pricing strategies and drive meaningful change while enjoying hybrid working arrangements in Manchester. The company prioritises employee growth, offering genuine development opportunities in a transformative environment where your contributions will directly impact the business.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Analyst / Senior Analyst in Colchester
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working in pricing roles. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your analytical skills. Be ready to discuss how you've used tools like R or Python in past roles. Show them you can turn complex data into clear, actionable insights!
✨Tip Number 3
Don’t just apply and wait! Follow up on your applications. A quick email to express your enthusiasm can make you stand out from the crowd. We love seeing candidates who are proactive!
✨Tip Number 4
Check out our website for the latest job openings. We’re all about finding the right fit, so keep an eye on new listings and don’t hesitate to apply for roles that excite you!
We think you need these skills to ace Pricing Analyst / Senior Analyst in Colchester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Pricing Analyst. Highlight your experience in insurance pricing and any relevant analytical tools you've used, like R or Python. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're excited about this role and how you can contribute to our Retail Pricing team. Be sure to mention your understanding of market intelligence and how it shapes pricing strategy.
Showcase Your Analytical Skills:Since this role involves a lot of analysis, make sure to include examples of how you've used data to drive decisions in previous roles. We love seeing how you've optimised performance through your analytical prowess!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at North Co Recruitment
✨Know Your Numbers
Brush up on your analytical skills and be ready to discuss how you've used tools like R or Python in previous roles. Prepare specific examples of how your analysis has influenced pricing decisions or improved performance.
✨Understand the Market
Research the retail insurance market and be prepared to talk about current trends, competitor strategies, and how they might impact pricing. This shows you’re not just a number cruncher but someone who understands the bigger picture.
✨Communicate Clearly
Practice explaining complex analyses in simple terms. You’ll need to demonstrate that you can translate your findings into actionable recommendations for stakeholders who may not have a technical background.
✨Build Relationships
Think about how you can foster collaboration with different teams. Be ready to share examples of how you've successfully partnered with others in the past to drive pricing initiatives or gain buy-in for your recommendations.
