At a Glance
- Tasks: Develop and maintain pricing models to drive informed decisions and business performance.
- Company: Join a forward-thinking insurance company transforming the industry with innovative technology.
- Benefits: Hybrid work, competitive salary, learning budget, and enhanced parental leave.
- Why this job: Make a real impact in pricing optimisation and shape the future of insurance.
- Qualifications: Experience in UK General Insurance and strong analytical skills required.
- Other info: Dynamic team culture with opportunities for growth and mentorship.
The predicted salary is between 36000 - 60000 £ per year.
Motor Pricing – Optimisation Senior Analyst
Policy Expert is a forward‑thinking business that leverages proprietary technology and smart data to offer reliable products and a wow customer experience. Founded in 2011, the company has over 1.5 million customers in home, motor and pet insurance and is the UK’s No.1‑rated home insurer.
We are building a new Retail Price Optimisation team and are looking for bright, ambitious individuals eager to make an impact and accelerate their growth.
Your day to day
- Develop and maintain customer lifetime value (CLTV) and price sensitivity models to support pricing decisions.
- Own and deliver pricing optimisation processes, including regular efficient frontier modelling and customer outcome simulations.
- Champion continuous improvement by introducing advanced analytics techniques, machine learning approaches, and modern pricing tools.
- Collaborate across teams and support strategic initiatives, working closely with the Motor Risk Pricing team.
- Support and mentor junior analysts, sharing knowledge and best practices.
Who you are
- Experience in UK general insurance (motor and/or home) with pricing principles and regulatory governance.
- Commercially minded and able to turn analysis into actionable recommendations.
- Proactive with a bias for action and ownership, driving meaningful improvements.
- Hands‑on experience with statistical modelling (GLMs, GBMs, clustering) applied to business problems.
- Programming proficiency in Python, R, SQL, Git.
- Excellent communication and stakeholder skills, presenting technical insights to non‑technical audiences.
- Strong organisational skills, managing multiple priorities independently in a fast‑paced environment.
Nice‑to‑have
- Familiarity with pricing/modelling software (e.g. Emblem, Radar, Earnix).
- Experience in pricing optimisation or applying machine learning and operations research to pricing.
- Experience with cloud platforms (AWS, GCP, Azure).
Benefits
- Hybrid work: 50/50 London office and remote.
- Pension match up to 7 %.
- Private medical & dental cover.
- Learning budget £1,000 a year + study leave.
- Enhanced maternity & paternity.
- Travel season ticket loan.
- Access to London events and private lounge.
- Employee wellbeing programme.
- Prayer room in office.
Equal Opportunity Statement
We are an equal opportunity employer. We treat all applications equally and recruit based solely on an individual’s skills, knowledge and experience. We are committed to fostering an inclusive and supportive environment for all candidates. If you require reasonable adjustments during the interview process, please let us know.
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Motor Pricing - Optimisation Senior Analyst employer: Policy Expert
Contact Detail:
Policy Expert Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Motor Pricing - Optimisation Senior Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Policy Expert. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Brush up on pricing principles and be ready to discuss how your experience aligns with their goals. Show them you're not just another candidate, but the one they need.
✨Tip Number 3
Be proactive! If you see an opportunity to showcase your skills, like a relevant project or analysis, don’t hesitate to bring it up during your conversations. It shows initiative and can set you apart from the crowd.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of the team at Policy Expert.
We think you need these skills to ace Motor Pricing - Optimisation Senior Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Motor Pricing - Optimisation Senior Analyst role. Highlight your experience in UK General Insurance and any relevant statistical modelling you've done. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about pricing optimisation and how your proactive mindset can drive meaningful improvements. Be sure to mention any specific tools or techniques you're familiar with that could benefit our team.
Showcase Your Analytical Skills: In your application, don’t shy away from showcasing your analytical prowess. Mention any experience with advanced analytics techniques or machine learning approaches you've applied in past roles. We love candidates who can turn data into actionable insights!
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’re considered for the role. Plus, it shows us you’re keen on joining our innovative team at Policy Expert!
How to prepare for a job interview at Policy Expert
✨Know Your Numbers
Brush up on your understanding of key metrics like customer lifetime value (CLTV) and price sensitivity. Be ready to discuss how these concepts influence pricing decisions and business performance, as they are crucial for the Motor Pricing - Optimisation Senior Analyst role.
✨Showcase Your Analytical Skills
Prepare to demonstrate your hands-on experience with statistical modelling techniques such as GLMs or GBMs. Bring examples of how you've applied these methods to solve real business problems, as this will highlight your technical expertise and problem-solving abilities.
✨Communicate Clearly
Practice explaining complex analytical concepts in simple terms. You’ll likely need to present insights to non-technical stakeholders, so being able to convey your findings clearly and effectively is key to making a strong impression.
✨Be Proactive and Engaged
During the interview, show your proactive mindset by discussing past initiatives where you identified opportunities for improvement. Highlight your ability to take ownership of projects and drive meaningful change, which aligns perfectly with the company's culture of innovation.