At a Glance
- Tasks: Influence motor and home pricing while leading innovative projects in a dynamic team.
- Company: One of the UK's top personal lines insurers with a focus on growth and innovation.
- Benefits: Competitive salary, career development opportunities, and a chance to shape pricing strategies.
- Other info: Join a forward-thinking team with excellent career progression opportunities.
- Why this job: Make a real impact in the insurance market and develop your skills in data science.
- Qualifications: Experience in UK Motor and Home Insurance markets and strong analytical skills required.
The predicted salary is between 49500 - 60500 £ per year.
We are recruiting for a
Principal Pricing Analyst on behalf of one of the UK's most recognised and celebrated personal lines insurers.
The successful candidate will influence motor and home pricing across all brands and channels; this role offers a breadth of exposure that is rare at this level in the personal lines market.
Our clients continued investment in pricing capability and data science means there is real space to grow, lead, and help shape the direction of a team that is genuinely ambitious about what pricing can achieve.
Key Responsibilities
- Recommending, delivering and overseeing changes to prices and underwriting criteria, as well as feeding in new ideas and bringing relevant market insight to the attention of the pricing team.
- Understanding the main aspects of pricing, including risk pricing, retail pricing and expenses, and how these are modelled and derived.
- Leading the building of significant risk and retail models using Radar, Emblem and alternative modelling and data science techniques, implementing changes through the pricing algorithm as required to ensure all rate changes are made promptly.
- Using insights gained from internal and external sources to deliver a step change improvement in pricing and rating capabilities.
- Deputising for the Motor or Home Pricing Manager when required.
- Key Requirements
- Experience in analysis and knowledge of the UK Motor and Home Insurance markets.
- Degree level education or equivalent, with proven numeracy skills and experience of applying multivariate statistical and data science techniques.
- A solid knowledge of pricing and modelling techniques, including statistical software such as Databricks or Python, and insurance pricing software such as Radar and Emblem.
- Well organised and logical, with strong attention to detail and the ability to communicate technical information clearly, both verbally and in concise written reports.
We do not retain any personal information without your permission. Please refer to our data protection policy on our official website for more information.
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Principal Pricing Analyst in Reigate employer: Stryker Corporation
Stryker Corporation is an exceptional employer that fosters a dynamic and inclusive work culture, offering employees the chance to thrive in a remote setting while being part of a leading medical communications team. With a strong emphasis on professional development and growth opportunities, employees are encouraged to enhance their skills and advance their careers, all while contributing to meaningful projects that impact healthcare globally.
