At a Glance
- Tasks: Optimise pricing for Motor and Pet insurance products using data-driven insights.
- Company: Join Post Office Insurance, a leader in personal lines insurance.
- Benefits: Enjoy 28 days leave, annual bonuses, and a generous pension scheme.
- Other info: Diversity and inclusion are at the heart of our culture.
- Why this job: Be part of an ambitious growth journey in a dynamic insurance environment.
- Qualifications: Degree in a quantitative field and strong analytical skills required.
The predicted salary is between 40000 - 50000 £ per year.
The Motor & Pet Pricing Analyst is responsible for optimising pricing performance across Motor and Pet products by enhancing insurer-provided net rates, through the intelligent application of enrichment factors, segmentation and portfolio insight. Working as part of the Pricing function, and in close partnership with Insurers, Product and Trading teams; the role ensures that Post Office Insurance (POI) pricing is competitive, commercially effective and aligned to Consumer Duty, Fair Value and PROD 4 requirements.
The analyst is accountable for translating data-driven insight into pricing actions that deliver profitable growth, appropriate conversion and sustainable value across acquisition and renewal journeys. This role offers you an incredible opportunity to join Post Office Insurance at the start of an ambitious period of growth.
What we can do for you:
- 28 days annual leave that increases with tenure + bank holidays
- Annual Bonus scheme
- Generous pension contribution
- Life assurance
- Full support from our employee assistance programme and access to our employee benefits platform
- Ever-evolving learning and development opportunities
Our commitment to embracing diversity extends beyond just words. We hold the belief that Equity, Diversity, and Inclusion are not just vital but fundamental to our success and growth. As an equal opportunity employer, we value and celebrate the differences among our people, ensuring that our practices reflect our dedication to inclusivity and equal representation for all.
What you’ll need to succeed:
- Strong understanding of general insurance pricing fundamentals, particularly in Motor and/or Pet.
- Strong analytical capability with experience handling large datasets.
- Comfortable working with pricing, trading and MI tools (e.g. SQL, Excel, Python, BI tools).
- Able to turn complex analysis into clear commercial insight.
- Ability to balance competitive positioning with profitability and sustainability.
- Working knowledge of FCA Consumer Duty, Fair Value principles and PROD 4 expectations.
- Relevant experience in insurance pricing, analytics, trading or portfolio performance.
- Degree‑level qualification in a quantitative or commercial discipline (e.g. mathematics, statistics, economics, data science).
- Experience supporting regulated governance processes is desirable.
About us:
Post Office Insurance (POI) is a specialist insurance business that’s a regulated subsidiary of Post Office. Our highly skilled experts work to offer a full range of personal lines insurance products. We cover everything from travel, home, motor, pet and gadgets insurance. With a focus on customer value, we’re the UK market leader in travel insurance, selling over one million policies each year. There is much work to be done in achieving our growth ambitions. We're looking for people that emphasise value and service for our customers, helping us offer innovative and quality insurance products, whilst remaining focused on our purpose and strategic intent.
Application Guidance:
If you require any reasonable adjustments throughout the recruitment process or would like further details on the job description, please contact talentacquisition@postoffice.co.uk. We’re thrilled by your interest in this opportunity and truly value every application we receive. Please note the advert may close early if we receive a high volume of applications. Unfortunately, we’re unable to provide individual feedback on all submissions.
Motor and Pet Pricing Analyst (Insurance) in London employer: Post Office UK
Post Office Insurance is an exceptional employer that prioritises employee well-being and professional growth, offering a competitive salary alongside a comprehensive benefits package, including generous annual leave and a robust pension scheme. Our inclusive work culture fosters diversity and collaboration, ensuring that every team member's contributions are valued as we embark on an exciting growth journey in the insurance sector. With ample learning and development opportunities, this role not only promises meaningful work but also a chance to make a significant impact in a leading organisation.
StudySmarter Expert Advice🤫
We think this is how you could land Motor and Pet Pricing Analyst (Insurance) in London
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those working in pricing or analytics. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Show off your skills! Prepare a portfolio or case studies that highlight your analytical capabilities and how you've tackled complex pricing challenges. This will give you an edge during interviews.
✨Tip Number 3
Stay updated on industry trends! Follow relevant news and reports about motor and pet insurance pricing. Being knowledgeable will impress interviewers and show your passion for the field.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining Post Office Insurance and being part of our growth journey.
We think you need these skills to ace Motor and Pet Pricing Analyst (Insurance) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Motor and Pet Pricing Analyst role. Highlight your experience with insurance pricing, analytics, and any relevant tools like SQL or Excel. 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 passionate about this role and how your background aligns with our goals at Post Office Insurance. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills:Since this role involves handling large datasets, make sure to showcase your analytical capabilities. Mention specific projects or experiences where you turned complex data into actionable insights. We’re all about data-driven decisions!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it’s super easy!
How to prepare for a job interview at Post Office UK
✨Know Your Numbers
Make sure you brush up on your understanding of insurance pricing fundamentals, especially in Motor and Pet. Be ready to discuss how you’ve used data analysis to drive pricing decisions in the past. This will show that you can translate complex data into actionable insights.
✨Familiarise Yourself with Tools
Get comfortable with the tools mentioned in the job description, like SQL, Excel, and Python. If you can, practice using these tools to analyse datasets or create pricing models. Being able to demonstrate your technical skills will give you an edge.
✨Understand Consumer Duty
Research FCA Consumer Duty, Fair Value principles, and PROD 4 expectations. Be prepared to discuss how these regulations impact pricing strategies. Showing that you’re knowledgeable about compliance will highlight your readiness for the role.
✨Showcase Your Analytical Skills
Prepare examples of how you've handled large datasets and turned them into clear commercial insights. Think of specific instances where your analysis led to profitable growth or improved pricing performance. This will illustrate your analytical capability effectively.
