At a Glance
- Tasks: Lead pricing analytics, design models, and deliver impactful insights for commercial lines.
- Company: Join a people-focused mutual organisation transforming its pricing strategy.
- Benefits: Hybrid working, career development, and a collaborative environment.
- Other info: Opportunity to mentor junior analysts and influence pricing solutions.
- Why this job: Shape the future of pricing while making a real difference in communities.
- Qualifications: Experience in pricing analytics and strong analytical skills required.
The predicted salary is between 40500 - 49500 £ per year.
Salary: up to £55,000
Location: Midlands – hybrid working
Contract: Permanent
Overview of the Principal Commercial Lines Pricing Analyst role
We’re currently partnered with a growing mutual organisation that is looking for an experienced Principal Commercial Lines Pricing Analyst to join their expanding Pricing team at an exciting point in its transformation journey. This is a fantastic opportunity for a passionate Pricing Analyst to join a people-focused organisation committed to fair, accurate and insight-driven pricing. The successful candidate will play a key role in shaping how pricing operates in the future, with the work delivered having a genuine impact on customers, communities and the wider business.
Key responsibilities of the Principal Commercial Lines Pricing Analyst will include:
- Act as a technical lead within the Pricing Analytics function, providing expertise across a range of pricing disciplines
- Design, build and implement pricing models across a broad range of Commercial Lines products
- Develop robust rating logic and deliver high-quality pricing analysis to support business decisions
- Influence and shape pricing solutions across the organisation
- Lead and deliver complex analytical projects
- Drive technical improvements across pricing analytics and methodologies
- Support key business and transformation initiatives
- Identify and implement improvements to processes, tools and analytical approaches
- Work closely with colleagues across Pricing, Underwriting and the wider business
- Communicate complex analytical insights clearly and effectively to stakeholders
- Act as a technical role model, coaching and mentoring junior analysts
- Support the development of pricing capability across the wider team
Required experience/qualifications of the Principal Commercial Lines Pricing Analyst position will include:
- Strong experience working within Pricing Analytics
- Good understanding of General Insurance, with Commercial Lines experience particularly valuable
- Experience designing, developing and implementing pricing models
- Strong analytical and technical skills, with experience using tools such as Radar, Emblem and SQL ideally desirable
- Proven ability to manage and deliver complex analytical projects
- Strong stakeholder engagement and communication skills, with the ability to explain complex insights clearly
- Experience of managing or owning an insurance account would be advantageous
- Strong insurance knowledge and understanding of pricing principles
- Degree-level education would be advantageous
- Experience coaching or mentoring junior analysts and supporting wider team capability
Benefits available alongside the Principal Commercial Lines Pricing Analyst position include (but aren’t limited to):
- Hybrid working arrangements
- Opportunity to join a growing Pricing function during a significant transformation programme
- Opportunity to influence and shape future pricing strategy and solutions
- People-focused and collaborative working environment
- Opportunities to develop technical expertise and broaden pricing experience
- Opportunity to coach and mentor junior analysts and support wider team development
This is a fantastic opportunity to join a growing and forward-thinking organisation at a pivotal stage of its pricing transformation. The successful candidate will have the opportunity to make a significant contribution to the future direction of the Pricing Analytics function, whilst working closely with experienced colleagues across Pricing, Underwriting and the wider business. This is a great organisation that truly looks after their employees, and undertaking some genuinely interesting work in the general insurance pricing space. If you’re keen to be part of a team that’s pushing boundaries and having a real impact on commercial lines insurance, then this could be perfect for you!
Sellick Partnership is proud to be an inclusive and accessible recruitment business and we support applications from candidates of all backgrounds and circumstances.
Principal Commercial Lines Pricing Analyst employer: Sellick Partnership
Sellick Partnership is an excellent employer, offering a dynamic work culture that fosters growth and innovation within the fast-paced technology sector. With hybrid working options and a competitive salary range of £35,000 - £45,000, employees benefit from 25 days of annual leave, exposure to a diverse portfolio of clients, and the opportunity to shape the compliance function in a rapidly expanding business. Join us to be part of a supportive team that values inclusivity and encourages professional development.
StudySmarter Expert Advice🤫
We think this is how you could land Principal Commercial Lines Pricing Analyst
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Sellick Partnership). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Sellick Partnership. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Principal Commercial Lines Pricing Analyst
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Sellick Partnership.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Sellick Partnership. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Sellick Partnership
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Sellick Partnership to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Sellick Partnership, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Sellick Partnership's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
