At a Glance
- Tasks: Build and evolve pricing risk models using advanced data science techniques.
- Company: Leading UK health insurer with a focus on innovation.
- Benefits: Competitive salary, hybrid working, and opportunities for mentorship.
- Other info: Great chance to mentor junior analysts and shape best practices.
- Why this job: Take ownership of model development and make a real impact in the insurance sector.
- Qualifications: Experience with claims data, strong programming skills, and a numerate degree.
The predicted salary is between 55000 - 75000 £ per year.
North Co Recruitment are working with a leading UK health insurer to appoint a Senior Technical Pricing Analyst into their pricing team.
This is a role for someone who wants to push pricing models forward with modern data science techniques rather than maintain legacy approaches, with genuine scope to mentor junior colleagues and shape best practice across the team.
What you'll do
- Build and evolve pricing risk models using advanced data science techniques, including GBMs, to sharpen claims prediction across Individual, SME and Corporate portfolios.
- Lead analysis of risk mix, claims trends, inflation and new treatment costs, working closely with Reserving and Claims Analytics teams.
- Own documentation and governance for model approval ahead of deployment.
- Test new data sources, factors and feature engineering to continually improve model predictiveness.
- Present model performance against agreed KPIs to key stakeholders.
- Mentor junior analysts, embedding best practice across the pricing team.
What we're looking for
- Significant experience working with claims data and applying modelling techniques within insurance.
- Strong programming skills in at least one language, ideally Python.
- Experience using Radar or a similar tool such as Earnix.
- Exposure to Databricks and Power BI would be an advantage.
- A numerate degree (2:1 or above) in mathematics or a related discipline.
- Knowledge of actuarial techniques, such as reserving.
- Outstanding communication skills, with the ability to translate technical concepts for a range of stakeholders.
- Hybrid working applies, with a mix of home and office-based collaboration.
If you're looking for a senior pricing role with real ownership of model development, exposure to modern data science techniques, and the chance to mentor others, we'd be keen to speak.
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, visit our website or follow our Linked In page.
Senior Technical Pricing Analyst in London employer: North Co Recruitment
Join a dynamic scale-up management consultancy that thrives at the intersection of consulting expertise and innovative SaaS technology. With a collaborative work culture and a focus on employee growth, this role offers you the chance to engage with leading financial institutions while driving impactful transformation programmes. Enjoy competitive compensation, a discretionary bonus, and the flexibility of a hybrid working model in London, making it an excellent opportunity for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Technical Pricing Analyst in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like North Co Recruitment). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like North Co Recruitment. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Senior Technical Pricing Analyst in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at North Co Recruitment.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at North Co Recruitment. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at North Co Recruitment
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at North Co Recruitment to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at North Co Recruitment, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding North Co Recruitment's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
