Pricing Consultant

Pricing Consultant

Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Analyse data to develop pricing strategies and support business decisions.
  • Company: Intact Insurance, a forward-thinking company transforming the insurance industry.
  • Benefits: Annual bonus, generous pension contributions, hybrid working, and 25 days leave.
  • Why this job: Join us to make a real impact in a dynamic and supportive environment.
  • Qualifications: Strong numeracy skills and experience in actuarial or pricing roles.
  • Other info: Inclusive culture with flexible working options and career development opportunities.

The predicted salary is between 36000 - 60000 £ per year.

Intact Insurance is the new name for RSA in the UK, Ireland, and across Europe. It’s a new name and a new way to do business. Backed by global expertise and a commitment to service that feels different, we’re focused on making insurance simpler, faster, and more responsive.

We’re leading a transformation in insurance helping people, businesses and society prosper in good times and be resilient in bad times. When you join us, you’re not just taking a job, you’re stepping into a career where you can make a real difference.

We’re customer-driven, community-focused, and committed to helping our people grow. Whether you’re early in your journey or bringing years of experience, we’ll support you with the tools, flexibility, and opportunities to thrive.

As a consultant you will support the team by delivering actuarial analyses in some of the following areas: product pricing, risk modelling, corporate planning, reinsurance, establishment of adequate claims reserves and/or underwriting analysis. You will drive business decisions through the timely and accurate provision of analyses/pricing models. You will also work with the wider CUO function and the P & Ls to communicate your findings and support their implementation.

You’ll make an impact by:

  • Performing analyses using actuarial data (product pricing, reserves, financial performance and projections etc.) disclosing relevant assumptions, observations/conclusions and making recommendations within the agreed timescales.
  • Development of pricing strategies to ensure that case/product offerings support the UK&I Strategy.
  • Specifying, building and operating pricing models that use internal and external data sources.
  • Developing key pricing models e.g. risk cost and benchmark models.
  • Finding solutions to strategic problems using best in class techniques, coaching and providing guidance to less qualified and/or experienced colleagues.
  • Building, maintaining and working in partnership with colleagues across CUO and the wider business, actively considering the teams priorities to improve team efficiency.
  • Following the correct control environment in line with internal policies, procedures, governance, regulatory and legislative requirements.

Your skills and experience:

  • Good communication skills.
  • Strong technology, numeracy and mathematical skills (e.g. Excel, Emblem, Radar, VBA, R etc).
  • Actuarial or relevant practical Pricing experience.
  • Able to challenge standard thinking.
  • Ability to prioritise and keep stakeholders updated as required.
  • Ability to align with Group priorities and standards.
  • Ability to coach less experienced team members.
  • Be confident in supporting the growth of pricing capability in CUO and ensure recognition and visibility across the business.

Why you’ll love it here:

  • Annual discretionary bonus.
  • Up to 11% pension contributions.
  • Hybrid working + flexible hours.
  • 25 days annual leave + bank holidays + buy/sell options.
  • Health & wellbeing + virtual GP.
  • Career development and mentoring.
  • Inclusive culture + employee networks.
  • Share investment options.

Our DEI Commitment:

We celebrate individuality and believe our differences make us stronger. We’re proud to foster a culture where everyone feels respected, valued, and empowered to thrive. As an Equal Opportunity and Disability Confident Employer, we ensure fair consideration for all applicants and offer interviews to all disabled candidates who meet the essential criteria.

We understand that everyone’s circumstances are different and are happy to explore flexible working options such as reduced hours or job shares to support work–life balance. If you meet the core criteria but not every requirement, we’d still love to hear from you. Let’s explore how this role could support your next career step. If you need adjustments during the recruitment process, just let us know we’re here to support you.

Pricing Consultant employer: RSA Group

At Intact Insurance, we pride ourselves on being an exceptional employer that champions growth and inclusivity. Our commitment to employee development is reflected in our comprehensive benefits package, including generous pension contributions, flexible working arrangements, and a strong focus on health and wellbeing. Join us in shaping the future of insurance while enjoying a supportive work culture that values your unique contributions and fosters collaboration across teams.
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Contact Detail:

RSA Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pricing Consultant

✨Tip Number 1

Network like a pro! Reach out to people in the industry, especially those at Intact Insurance. 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 brushing up on your actuarial knowledge and pricing strategies. Be ready to discuss how you can contribute to making insurance simpler and more responsive.

✨Tip Number 3

Showcase your tech skills! Whether it's Excel or R, be prepared to demonstrate how you can use these tools to drive business decisions and improve team efficiency.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Pricing Consultant

Actuarial Analysis
Product Pricing
Risk Modelling
Financial Performance Analysis
Claims Reserves Estimation
Underwriting Analysis
Pricing Model Development
Data Analysis
Excel
Emblem
Radar
VBA
R
Communication Skills
Coaching and Mentoring

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Pricing Consultant role. Highlight your actuarial experience and any relevant projects you've worked on, especially those involving pricing models or risk analysis.

Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about transforming the insurance industry. Share specific examples of how you've used your analytical skills to drive business decisions in the past.

Showcase Your Tech Skills: Since strong technology skills are key for this role, mention your proficiency in tools like Excel, Emblem, or R. If you have experience building pricing models, be sure to include that too!

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 to join our team!

How to prepare for a job interview at RSA Group

✨Know Your Numbers

As a Pricing Consultant, you'll be dealing with a lot of data. Brush up on your actuarial knowledge and be ready to discuss how you’ve used data in past roles. Be prepared to explain your thought process behind pricing models and analyses.

✨Communicate Clearly

Good communication skills are key for this role. Practice explaining complex concepts in simple terms. Think about how you can convey your findings effectively to stakeholders who may not have a technical background.

✨Show Your Problem-Solving Skills

Be ready to discuss specific examples where you've tackled strategic problems using innovative techniques. Highlight your ability to challenge standard thinking and provide solutions that have made a real impact.

✨Emphasise Teamwork

This role involves collaboration across various teams. Prepare to share experiences where you’ve worked successfully in a team environment. Discuss how you’ve supported colleagues and contributed to team efficiency.

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