At a Glance
- Tasks: Lead pricing strategies and influence decisions in a growing analytics team.
- Company: Join a leading personal lines insurer with a focus on innovation.
- Benefits: Competitive salary, hybrid working, and opportunities for professional growth.
- Other info: Collaborative environment with mentorship opportunities for junior analysts.
- Why this job: Shape the future of pricing while making a real impact on customer outcomes.
- Qualifications: Experience in insurance pricing and strong analytical skills required.
The predicted salary is between 70000 - 80000 £ per year.
North Co Recruitment are working with a leading personal lines insurer to appoint a Principal Pricing Analyst into their Pricing and Analytics function. This is a function in genuine growth mode - new strategy, new tooling, real investment in headcount and capability - and a hire where you'll have meaningful influence over how pricing is done, not just maintain what's already there.
What you'll do:
- Own rate proposals end-to-end - from analysis of mix, demand and loss ratio trends through to implementation - and be accountable for the performance they deliver.
- Shape pricing strategy with direct input from competitor and market intelligence, rather than simply executing decisions made above you.
- Lead on new product, deal and offer evaluation, working cross-functionally to bring commercial ideas to life.
- Drive fair value principles through every pricing decision, with a focus on outcomes for existing customers as much as new business.
- Present complex analysis to senior stakeholders in a way that lands commercially and drives buy-in.
- Help build a high-performing team around you, supporting and developing junior analysts as the function grows.
What we're looking for:
- Solid insurance pricing experience, ideally in personal lines or retail.
- Degree (2:1 or above) in a numerate discipline.
- Proficiency in R, Python or similar, with strong statistical modelling skills.
- The ability to turn analytical output into clear commercial recommendations - and to make that case in a room.
- Confident stakeholder management, with experience influencing at a senior level.
- A collaborative mindset and the credibility to mentor others in a growing team.
Hybrid working applies, with a mix of home and office-based collaboration. If you're looking for a principal-level pricing role where the function is genuinely evolving and your work will shape it, we'd be keen to speak.
Salary: £70,000-80,000 base, plus discretionary bonus
Location: Hybrid, Manchester Based.
Please note, the client is unable to offer sponsorship for this opportunity.
Lead Pricing Analyst employer: North Co Recruitment
Join a leading personal lines insurer that is committed to innovation and growth within its Pricing and Analytics function. With a strong focus on employee development, you will have the opportunity to shape pricing strategies and lead a high-performing team in a collaborative environment. Enjoy the benefits of hybrid working in Manchester, where your contributions will directly impact the company's success and customer outcomes.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Pricing Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at companies you're interested in. A friendly chat can open doors and give you insider info that could help you stand out.
✨Tip Number 2
Prepare for interviews by practising your storytelling skills. You want to showcase your experience in pricing analysis and how you've influenced decisions. Make it relatable and engaging – remember, they want to see the real you!
✨Tip Number 3
Don’t just apply and wait! Follow up on your applications. A quick email or message can show your enthusiasm and keep you on their radar. Plus, it’s a great way to ask any questions you might have about the role.
✨Tip Number 4
Check out our website for the latest job openings. We’re always looking for talented individuals like you to join our growing team. Applying directly through us can give you an edge, so don’t miss out!
We think you need these skills to ace Lead Pricing Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Lead Pricing Analyst role. Highlight your insurance pricing experience and any relevant projects you've worked on, especially those involving R or Python.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're the perfect fit for this position. Share specific examples of how you've shaped pricing strategies or influenced senior stakeholders in the past.
Showcase Your Analytical Skills:In your application, emphasise your ability to turn complex data into clear commercial recommendations. We want to see how you can present your findings in a way that resonates with senior management.
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 don’t miss out on any important updates about the role.
How to prepare for a job interview at North Co Recruitment
✨Know Your Numbers
As a Lead Pricing Analyst, you'll need to demonstrate your solid insurance pricing experience. Brush up on key metrics like loss ratios and demand trends, and be ready to discuss how you've used these in past roles. Show them you can own rate proposals end-to-end!
✨Showcase Your Technical Skills
Make sure you're comfortable discussing your proficiency in R, Python, or similar tools. Prepare examples of how you've applied statistical modelling skills to drive pricing strategies. This is your chance to shine with your analytical prowess!
✨Communicate Clearly
You'll need to present complex analysis to senior stakeholders, so practice simplifying your findings into clear, commercial recommendations. Think about how you can make your case compelling and relatable—this will help you land buy-in from decision-makers.
✨Emphasise Collaboration
Highlight your experience in cross-functional teamwork and mentoring junior analysts. The role requires a collaborative mindset, so share examples of how you've successfully worked with others to bring commercial ideas to life. Show them you're not just a lone wolf!
