Senior Risk Pricing Analyst
Senior Risk Pricing Analyst

Senior Risk Pricing Analyst

Full-Time 42000 - 58000 £ / year (est.) No home office possible
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Pinnacle Pet UK

At a Glance

  • Tasks: Develop and enhance risk pricing models using advanced data analysis techniques.
  • Company: Join Pinnacle Pet Group, a leading pet insurance platform across Europe.
  • Benefits: Earn up to £50,000, enjoy 24 days holiday plus your birthday off, and private health cover.
  • Why this job: Make a real impact on pet insurance while growing your skills in a supportive team.
  • Qualifications: Experience in general insurance pricing and strong analytical skills are essential.
  • Other info: Be part of a mission-driven company that values performance, exploration, and sustainability.

The predicted salary is between 42000 - 58000 £ per year.

As Pinnacle Pet Group continues to grow, we are seeking a Senior Pricing Analyst to join the Actuarial Pricing team. You will support the delivery of pricing related projects to deadline and quality standards, directly influencing the future growth and profitability of the business. We are passionate about professional development and believe with the right attitude and ability anything can be taught. Our ideal candidate is passionate about sharing ideas, a fast learner and adaptable in an agile and growing business. 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!

What you’ll get up to as our Senior Pricing Analyst:

  • Develop and enhance our risk pricing models for the UK and international business, using both GLM analysis and more advanced ML techniques.
  • Communicate results to the wider team and understand the impact of your work on final business decisions and results.
  • Monitor performance of expected loss ratios, risk mix index and pricing assumptions.
  • Support and challenge our pricing strategy.
  • Support in building the risk pricing infrastructure, processes and procedures that ensure transparency, clear documentation and accuracy of output.
  • 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 Senior Pricing Analyst:

  • Experienced in general insurance pricing.
  • Strong data and analytical skills, working with large volumes of complex data, using data analysis tools such as SAS, Python, R, SQL, Excel, VBA is desirable.
  • Experience of using Emblem & Radar ideal but not essential.
  • Strong problem-solving skills and business acumen.
  • Sound theoretical and practical understanding of personal lines underwriting and pricing principles.
  • Great stakeholder management experience.
  • High degree of numerical ability.

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.

Senior Risk Pricing Analyst employer: Pinnacle Pet UK

At Pinnacle Pet Group, we pride ourselves on being an exceptional employer that fosters a culture of professional development and collaboration. As a Senior Risk Pricing Analyst, you will benefit from a supportive team of experienced pricing experts dedicated to your growth, alongside a competitive salary and comprehensive benefits package including private health cover and generous holiday allowance. Our commitment to innovation and sustainability in the pet insurance sector ensures that your work will have a meaningful impact on the lives of pets and their owners across Europe.
Pinnacle Pet UK

Contact Detail:

Pinnacle Pet UK Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Risk Pricing Analyst

✨Tip Number 1

Network like a pro! Reach out to current or former employees at Pinnacle Pet Group on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.

✨Tip Number 2

Prepare for the interview by brushing up on your data analysis skills. Be ready to discuss how you've used tools like Python or SQL in past roles. Show us your problem-solving prowess and how it can benefit our pricing strategies!

✨Tip Number 3

Don’t just focus on your technical skills; highlight your passion for pets and the insurance industry. Share any personal experiences that connect you to our mission at Pinnacle Pet Group. We love candidates who resonate with our values!

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen. Plus, you can find all the details about our culture and benefits there, which can help you tailor your approach.

We think you need these skills to ace Senior Risk Pricing Analyst

GLM Analysis
Machine Learning Techniques
Data Analysis Tools (SAS, Python, R, SQL, Excel, VBA)
General Insurance Pricing
Problem-Solving Skills
Business Acumen
Stakeholder Management
Numerical Ability
Risk Pricing Models Development
Pricing Strategy Support
Understanding of Personal Lines Underwriting and Pricing Principles
Adaptability
Communication Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Pricing Analyst role. Highlight your experience in general insurance pricing and any relevant data analysis skills. We want to see how your background aligns with what we're looking for!

Showcase Your Skills: When writing your application, don’t forget to showcase your strong data and analytical skills. Mention any tools you’ve used like SAS, Python, or SQL. We love seeing candidates who can handle complex data with ease!

Communicate Clearly: In your cover letter, communicate clearly how your work has influenced business decisions in the past. We value candidates who can articulate their impact, so make sure to share specific examples that demonstrate your problem-solving skills.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the info you need about the role and our company there!

How to prepare for a job interview at Pinnacle Pet UK

✨Know Your Numbers

As a Senior Risk Pricing Analyst, you'll be dealing with complex data and pricing models. Brush up on your analytical skills and be ready to discuss specific examples of how you've used tools like SAS, Python, or SQL in past roles. This will show your technical prowess and understanding of the role.

✨Understand the Business

Familiarise yourself with Pinnacle Pet Group's mission and values. Be prepared to discuss how your work can directly impact their growth and profitability. Showing that you understand the pet insurance market and its challenges will set you apart from other candidates.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving skills and business acumen. Think of scenarios where you've had to challenge pricing strategies or improve risk pricing models. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly.

✨Show Your Passion for Learning

Pinnacle Pet Group values adaptability and a willingness to learn. Share examples of how you've embraced new challenges or learned new skills in previous roles. This will demonstrate that you're not just qualified but also eager to grow within the company.

Senior Risk Pricing Analyst
Pinnacle Pet UK
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