At a Glance
- Tasks: As a Senior Pricing Analyst, you'll analyse data to enhance pricing strategies and drive business growth.
- Company: Saga is a leading provider of services for those aged over 50, known for quality and trust.
- Benefits: Enjoy 25 days holiday, flexible working, bonuses, and discounts on travel and insurance.
- Why this job: Join a supportive team that values innovation and inclusivity while making a real impact.
- Qualifications: Experience in personal lines insurance and strong analytical skills are essential.
- Other info: Hybrid work model with regular team meet-ups in London or Folkestone.
The predicted salary is between 28000 - 36000 £ per year.
Job Introduction
Competitive salary dependent on experience (35k to 45k)
12 month FTC
Hybrid – Home and London Hub
As a Senior Pricing Analyst you will be managing Saga’s street pricing to support the delivery of the insurance strategy, customer outcomes and contribution to the achievement of the overall P&L for Saga Services (SSL).
We are looking for an experienced pricing expert who has a proven track record of developing innovative solutions to continuously improve Saga Services\’ pricing capabilities and support the trading performance. Experience in personal lines, especially one of our 4 products: Motor, Home, Travel and Private Medical, is essential
You will bring an understanding of the drivers of best-in-class street pricing and commercial success in a Personal Lines insurance business and implement innovative and new approaches to generate value. You will be working closely with the Pricing Managers to develop and implement complex solutions to help continuously improve our pricing capabilities.
Additionally, you will work closely with the wider business to use your Pricing expertise to support key aspects of the Group’s strategy and company’s key shareholder objectives
We offer flexibility over where you work you choose a place that you feel most comfortable and productive, either from home or in one of our hubs in London or Folkestone. We have regular face to face team days in our London or Kent office at least once a month.
Role Responsibility
As a Senior Pricing Analyst you will be responsible for proactively using data to identify areas of opportunity to drive commercial value and competitive advantage, delivering profitable growth for Saga’s insurance business.
Other accountabilities include:
• Model, interpret and monitor business data to identify and confirm market trends, product opportunities and new / changing rating factors.
• Provide pricing thought leadership using your experience of insurance pricing and data.
• Provide subject matter expert support in your areas of expertise on strategic projects.
• Assist in development of pricing models for deployment to the rating system, making best use of Radar and other software tools.
• Make recommendations based on your analysis.
• Mine, extract and interpret data to bring out insights, using cutting edge techniques, including machine learning.
• Monitor and assess impact of changes post implementation and proactively recommend amendments to flag where further investigation and action is needed.
• Pricing support for business change initiatives.
• Ensure adherence to pricing fairness rules and data usage policies.
• Represent the needs of the pricing department in business change programmes as required.
• Supporting testing of price-related IT changes if required.
• Support in the learning and development of analysts within the pricing team.
The Ideal Candidate
As a Senior Pricing Analyst, personal lines experience is essential, ideally within one of our core 4 products: Motor, Home, Travel and Private Medical.
Other industry experience would include:
• Detailed knowledge of General Insurance pricing processes and methodologies.
• Strong numerical and statistical capabilities.
• Excellent oral and written communication skills.
• Strong influencing and relationship management skills.
• Possesses strong team coaching/management abilities and actively motivates others to win.
• Proactive, enthusiastic, and self-motivated.
• Knowledge of modelling software, such as Radar, Emblem, or similar systems.
• Experienced in some programming languages such as SQL, R and Python.
• Understanding of regulatory requirements in relation to pricing.
Saga Values: Make it Happen, Do the Right Thing, Customer First, Excellence Every Day, Our People Make Us Special
Package Description
At Saga we recognise that our people make us special. We believe our colleagues deserve rewards for the excellence they demonstrate every single day, that\’s why we have put together an amazing benefits package for all colleagues.
BENEFITS AVAILABLE TO ALL COLLEAGUES:
- 25 days holiday + bank holidays
- Option to purchase additional leave – 5 extra days
- Pension scheme matched up to 10%
- Company performance related annual bonus – Up to 5%
- Colleague discounts including family discounts on cruises, holidays and insurance
- Range of reductions and offers from leading retailers, travel groups and entertainment companies
- Enhanced maternity and paternity leave
- Grandparents leave
- Income protection
- Access to Saga Academy, our bespoke learning platform
About the Company
Over the past 70years we have become the UK\’s specialist provider of products and services to people aged over 50 in the UK. We’re one of the most recognised and trusted brands amongst UK consumers in this demographic, recognised for its high-quality products and exceptional standards of service. Our product portfolio includes cruises, holidays, insurance, personal finance products andour Saga Magazine.
We aim to be the most-trusted brand for older people in the UK. Our focus on delivering exceptional products and service empowers our colleagues to create moments that are personal and special for our customers and for each other. Our values underpin our approach and help guide us to deliver our purpose.
We’re committed to making sure that colleagues can be their best, be themselves and make a difference – more than anywhere else. We do this by creating a truly inclusive culture, where all colleagues can bring their full and authentic selves to work and be treated with dignityand respect in an environment that is free from discrimination and harassment.
Thanks to our people, Saga has been ranked 6th in the UK’s Best Employers 2025 by the Financial Times and Statista. This recognition, based on the voices of 20,000 employees across the UK, is a testament to the great culture we’ve built together. This award belongs to all our colleagues who collectively make Saga a fantastic place to work.
We are champions of age inclusivity and signatories of the Age-Friendly Employer Pledge, we are proud of our multigenerational teams we have in place. We’re also a committed Disability Confident employer and ensure that our recruitment process is inclusive and accessible.
Your application will have fair consideration, and you’ll receive personal communication throughout your applicant journey when you apply to join Saga.
For more information on our DEI policies, colleague stories and other opportunities across the business, please visit Jobs and careers with Saga
Saga does not accept agency CVs unless specifically engaged on the role by the Talent Acquisition Team. Please do not forward CVs to our recruiters, employees or any other company location. Saga will not be responsible for any fees related to CVs received in this unsolicited manner.
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Senior Pricing Analyst (Insurance) *12 month FTC* employer: Saga Group
Contact Detail:
Saga Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pricing Analyst (Insurance) *12 month FTC*
✨Tip Number 1
Familiarise yourself with the latest trends in personal lines insurance, especially in Motor, Home, Travel, and Private Medical sectors. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your expertise.
✨Tip Number 2
Network with professionals in the insurance industry, particularly those who specialise in pricing. Attend relevant webinars or local meetups to build connections that could provide insights or even referrals for the role.
✨Tip Number 3
Brush up on your data analysis skills, particularly with tools like Radar, SQL, R, and Python. Being able to discuss your experience with these tools confidently can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss how you've previously identified market trends and implemented pricing strategies that drove commercial value. Real-life examples will showcase your problem-solving abilities and strategic thinking.
We think you need these skills to ace Senior Pricing Analyst (Insurance) *12 month FTC*
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in personal lines insurance, particularly in Motor, Home, Travel, or Private Medical. Use specific examples of how you've improved pricing capabilities or driven commercial value in previous roles.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss your understanding of best-in-class street pricing and how your skills align with Saga's objectives. Mention any innovative solutions you've implemented in past positions.
Showcase Analytical Skills: Emphasise your numerical and statistical capabilities in both your CV and cover letter. Provide examples of how you've used data to identify market trends or product opportunities, and mention any experience with modelling software like Radar or programming languages such as SQL, R, or Python.
Highlight Communication Skills: Since the role requires strong oral and written communication skills, include examples of how you've effectively communicated complex pricing strategies or influenced stakeholders in previous roles. This will demonstrate your ability to work collaboratively within teams and across departments.
How to prepare for a job interview at Saga Group
✨Showcase Your Pricing Expertise
Make sure to highlight your experience in personal lines insurance, especially with products like Motor, Home, Travel, or Private Medical. Be prepared to discuss specific examples of how you've developed innovative pricing solutions in the past.
✨Demonstrate Analytical Skills
Since the role involves data analysis, be ready to explain your approach to interpreting business data and identifying market trends. Discuss any experience you have with modelling software like Radar or Emblem, and how you've used these tools to drive commercial value.
✨Communicate Effectively
Strong communication skills are essential for this position. Practice articulating your thoughts clearly and concisely, both verbally and in writing. Be prepared to discuss how you've influenced stakeholders and managed relationships in previous roles.
✨Emphasise Team Collaboration
This role requires working closely with Pricing Managers and other departments. Share examples of how you've successfully collaborated with teams in the past, and how you can contribute to a positive team environment at Saga.