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- Tasks: Lead pricing strategy and collaborate with teams to enhance forecasting methods.
- Company: Market-leading insurance firm with a focus on innovation and inclusivity.
- Benefits: Competitive salary, benefits package, and opportunities for professional growth.
- Why this job: Make a real impact in pricing strategy while working with cutting-edge data science techniques.
- Qualifications: Experience in insurance pricing, strong analytical skills, and project management abilities.
- Other info: Join a diverse team committed to equality and continuous improvement.
The predicted salary is between 55000 - 75000 £ per year.
An exciting opportunity has arisen for a Principal Pricing Analyst to join a market-leading insurance pricing function. This is a senior role offering high visibility, technical depth and the chance to influence pricing strategy across multiple products.
You will work closely with Pricing, Data Science and wider business teams to develop and embed best-practice pricing and forecasting approaches. The role combines hands-on technical delivery with stakeholder engagement, project leadership and continuous improvement.
Key Responsibilities- Build and maintain automated processes to project claims to ultimate, including robust claims monitoring frameworks
- Ensure forecast inputs are robust through close collaboration with stakeholders
- Coordinate the rollout of a new pricing forecast across all products
- Partner with Technical Pricing teams to ensure premium models reflect the latest view of risk
- Stay up to date with actuarial best practice, industry trends and competitor insights
- Provide clear guidance on the interpretation and limitations of pricing forecasts
- Drive innovation in forecasting approaches to improve accuracy and efficiency, including the use of data science techniques
- Maintain high standards of model governance and documentation
- Significant experience in insurance pricing and/or reserving
- Strong working knowledge of actuarial methods and principles, ideally within pricing
- Experience using Emblem software
- Knowledge of price optimisation and the general insurance regulatory environment
- Advanced Excel and MS Office skills
- Proven ability to manage projects from inception to delivery
- A passion for knowledge sharing and developing others within pricing teams
- Actuarial qualification (or working towards)
- Experience with GLMs, GBMs and other modelling techniques used in pricing
- Knowledge of Radar or similar pricing tools
- Familiarity with Agile project delivery
Respect and equality are core values to us. We are proud of the diverse and inclusive community we have built, and we welcome applications from people of all backgrounds and perspectives. Our success is driven by our people, united by the spirit of partnership to deliver the best resourcing solutions for our clients.
If you need any help or adjustments during the recruitment process for any reason, please let us know when you apply or talk to the recruiters directly so we can support you.
Pricing Manager employer: Sanderson Recruitment
Contact Detail:
Sanderson Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and pricing sectors. A friendly chat can lead to insider info about job openings or even a referral, which can give you a leg up in the application process.
✨Tip Number 2
Show off your skills! If you’ve got experience with Emblem software or advanced Excel techniques, make sure to highlight these in conversations. We want to see how you can bring value to the team, so be ready to discuss your past projects and successes.
✨Tip Number 3
Prepare for interviews by brushing up on industry trends and competitor insights. Being knowledgeable about the latest actuarial practices will impress your interviewers and show that you’re genuinely interested in the role and the company.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us. Let’s get you that Principal Pricing Analyst role!
We think you need these skills to ace Pricing Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Principal Pricing Analyst. Highlight your experience in insurance pricing and any relevant projects you've led. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about pricing strategy and how you can contribute to our team. Keep it engaging and personal – we love a bit of personality!
Showcase Your Technical Skills: Don’t forget to mention your experience with Emblem software and advanced Excel skills. We’re looking for someone who can hit the ground running, so make sure we know what you bring to the table!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Sanderson Recruitment
✨Know Your Numbers
As a Principal Pricing Analyst, you'll need to demonstrate your strong grasp of actuarial methods and principles. Brush up on key metrics and be ready to discuss how you've applied them in past roles. This shows you’re not just familiar with the theory but can also translate it into practice.
✨Showcase Your Collaboration Skills
This role involves working closely with various teams, so highlight your experience in stakeholder engagement. Prepare examples of how you've successfully collaborated with data science or technical pricing teams to enhance pricing strategies. It’s all about showing you can work well with others!
✨Stay Ahead of the Curve
Make sure you're up to date with the latest industry trends and best practices in pricing. Bring insights about competitor strategies or recent innovations in forecasting techniques to the table. This will demonstrate your passion for continuous improvement and innovation in the field.
✨Prepare for Technical Questions
Expect some technical questions related to Emblem software, GLMs, or other modelling techniques. Brush up on these areas and be ready to discuss your hands-on experience. Showing confidence in your technical skills will help you stand out as a strong candidate.
