At a Glance
- Tasks: Develop and optimise pricing strategies through data analysis and market insights.
- Company: Join a major retail insurer undergoing exciting transformation.
- Benefits: Competitive salary, hybrid working, and opportunities for professional growth.
- Other info: Collaborative environment with strong focus on personal development.
- Why this job: Be part of a dynamic team shaping the future of pricing in insurance.
- Qualifications: Experience in insurance pricing and a degree in a maths-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.
Pricing Analyst / Senior Analyst in Portsmouth employer: North Co Recruitment
Join a forward-thinking retail insurer that is committed to investing in its people and technology, offering a dynamic work environment where you can truly make an impact. With a focus on employee development and a culture that values collaboration and innovation, this role as a Pricing Analyst provides the perfect opportunity to shape pricing strategies and drive meaningful change within the organisation. Enjoy the flexibility of hybrid working in Manchester, alongside a supportive team dedicated to your growth and success.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Analyst / Senior Analyst in Portsmouth
✨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 practising common questions related to pricing analysis. We recommend using real-world examples from your experience to showcase your skills and how you can add value to the team.
✨Tip Number 3
Showcase your analytical skills! Bring along a portfolio of your work or case studies that demonstrate your proficiency with tools like R or Python. This will help you stand out as a candidate who can hit the ground running.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email reiterating your interest in the role can keep you top of mind. Plus, it shows you’re genuinely keen on the opportunity.
We think you need these skills to ace Pricing Analyst / Senior Analyst in Portsmouth
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Pricing Analyst role. 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 match 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 pricing strategy.
Showcase Your Analytical Skills:In your application, don’t forget to showcase your analytical skills. Provide examples of how you've used data to drive decisions or improve outcomes in previous roles. We love seeing how you can turn complex analysis into clear recommendations!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and get you in front of the right people. Plus, it shows 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 examples of how you've developed rate proposals or analysed trends, as this will show your practical experience in the field.
✨Understand the Market
Research the current retail insurance landscape and be prepared to discuss competitor pricing strategies. This will demonstrate your proactive approach and understanding of market intelligence, which is crucial for shaping pricing strategies.
✨Communicate Clearly
Practice explaining complex analyses in simple terms. You might be asked to present your findings to non-technical stakeholders, so being able to translate your insights into clear recommendations is key to making a strong impression.
✨Build Relationships
Think about how you can foster collaboration with different teams. Be ready to share examples of how you've influenced decisions in past roles, as this will highlight your ability to partner effectively across the business.
