Market Pricing Analyst

As Pinnacle Pet Group continues to grow, we are seeking a Market Pricing Analyst to join our Actuarial Pricing team. You will be responsible for analysing and managing pricing strategies to support the future growth and profitability of the business. We are looking for people who are passionate about sharing their ideas, are fast learners and adaptable in our agile and growing business. We want you to join us on this journey, to grow with us and build market leading pricing capabilities. Our team of experienced pricing experts will prioritise supporting new joiners and providing any training that is needed.

Package

We are offering a salary of up to £50,000 per annum (depending on experience), 24 days holiday, plus your birthday as an additional day, life assurance, Private Health Cover and a range of other employee benefits!

Location

Hybrid - there will be a requirement to work from our London Paddington office one day per month.

What you’ll get up to as our Market Pricing Analyst

• Support the development of pricing recommendations based on insight driven across various data and analysis.
• Assess the impact of price changes pre and post change, using Radar.
• Analyse the effectiveness of ongoing pricing decisions.
• Develop an understanding of pricing models, price elasticity, customer behaviour and other factors that drive effective price positioning.
• Support the management of portfolio performance and provide analysis on any movements against expectation.
• Track competitor movements and provide input for key decision making.
• Collaborate with the rate implementation team to ensure prices are accurately implemented.
• Support in building the pricing infrastructure, processes and procedures that ensure transparency, clear documentation and accuracy of output.
• Develop and maintain knowledge of the wider pet insurance market and feed developments into the business.
• Act to deliver good outcomes for retail customers whilst delivering a higher standard of customer care and enabling consumers to make effective decisions in their interests.

What we look for in you as a Market Pricing Analyst

• Strong problem-solving skills and business acumen.
• Sound theoretical and practical understanding of personal lines underwriting and pricing principles.
• Strong data and analytical skills, working with large volumes of complex data, using data analysis tools such as Python, SQL, SAS, VBA is desirable.
• Experience using Radar is desirable.
• High degree of numerical ability and strong data and analytical skills.
• Keen collaborator able to build relationships.
• Ability to communicate technical concepts to a non-technical audience.
• Demonstrates a growth mindset, actively seeing diverse perspectives, learning from others and sharing knowledge.

We are the Pinnacle Pet Group (PPG) – a pan European fully integrated pet insurance and health services platform operating in several markets across Europe including the UK, France, Netherlands, Belgium and Germany. Our sister group Independence Pet Group (IPG) operates in North America (USA and Canada). We are one of Europe’s largest pet insurance and services organisations, with over 1400 colleagues supporting over 2 million pets in 8 countries. At PPG, we are on a mission to strengthen the unique bond between you and your pet, through our innovative products and services. We’re guided by our values of Performance, Exploration, Togetherness and Sustainability and as pet owners, many of us at PPG feel a personal connection with our mission. We take pride in the contribution we each make in delivering an ecosystem that will change the future of pet insurance and healthcare services for the benefit of our customers and their pets.

We offer accessibility help with application forms which is available via the jobs page of our website. As an FCA regulated business, we require successful applicants to clear our pre-employment screening process which includes a credit check and references checks. Under the latest UK Right to Work regulations, we will require successful applicants to evidence their right to work in the UK, either in person, online, or digitally via a third party subject to circumstances.