At a Glance
- Tasks: Lead the creation of pricing models for motor insurance and analyse risk factors.
- Company: Join a dynamic team in a leading insurance firm based in Bristol.
- Benefits: Enjoy a competitive salary, flexible working options, and career development opportunities.
- Other info: Be part of a supportive environment that values innovation and compliance.
- Why this job: Make a real impact on pricing strategies and collaborate across various teams.
- Qualifications: 3+ years in pricing/risk modelling with strong analytical skills and programming knowledge.
The predicted salary is between 50000 - 60000 £ per year.
They’re looking for a Senior Pricing Analyst to join their Risk Pricing team in Bristol.
Location: West Country
Type: Permanent
Key Duties (Including but not limited to):
- Build and improve pricing models: Lead the creation and refinement of actuarial models used to price motor insurance products, ensuring they remain robust, accurate and responsive to market conditions.
- Analyse risk and performance: Conduct deep‑dive analyses to identify risk factors, trends and patterns; run experience studies and profitability reviews to evaluate model performance and recommend enhancements.
- Partner across the business: Collaborate with underwriting, finance, product and other teams to align pricing strategy with wider business objectives and support product development and planning.
- Support governance and compliance: Maintain awareness of relevant regulation and actuarial standards, helping ensure pricing activity is compliant and well‑controlled.
Requirements:
- Strong actuarial/pricing background with experience developing and refining models for pricing and risk assessment.
- Advanced analytical and problem‑solving skills, with a track record of improving approaches beyond traditional risk cost modelling.
- Industry experience: 3+ years in a similar pricing/risk modelling role (motor insurance experience preferred).
- Practical programming/analytics capability (e.g., Python and SQL), including data manipulation and model implementation.
Senior Risk Pricing Analyst – 29734 in Bristol employer: The Emerald Group
Contact Detail:
The Emerald Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Risk Pricing Analyst – 29734 in Bristol
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those already working in risk pricing. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Show off your skills! Prepare a portfolio or case studies that highlight your experience with pricing models and analyses. This will give you an edge during interviews and show you mean business.
✨Tip Number 3
Stay updated on industry trends! Follow relevant blogs, podcasts, or forums to keep your knowledge fresh. This will not only help in interviews but also demonstrate your passion for the field.
✨Tip Number 4
Apply through our website! We’ve got loads of opportunities, and applying directly can sometimes put you ahead of the game. Plus, it’s super easy to navigate!
We think you need these skills to ace Senior Risk Pricing Analyst – 29734 in Bristol
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in pricing models and risk analysis. We want to see how your skills align with the key duties mentioned in the job description, so don’t hold back on showcasing your relevant achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our Risk Pricing team. Share specific examples of how you've improved pricing models or conducted deep-dive analyses in your previous roles.
Showcase Your Technical Skills: Since we’re looking for someone with programming capabilities, make sure to mention your experience with Python and SQL. If you’ve worked on data manipulation or model implementation, let us know how you did it!
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’s super easy to do!
How to prepare for a job interview at The Emerald Group
✨Know Your Models Inside Out
Make sure you’re well-versed in the pricing models you’ve worked with. Be ready to discuss how you’ve built and refined these models, and be prepared to explain your thought process behind any improvements you've made.
✨Showcase Your Analytical Skills
Prepare to share specific examples of analyses you've conducted. Highlight how you identified risk factors and trends, and be ready to discuss the impact of your findings on pricing strategies or product development.
✨Collaboration is Key
Think about times when you’ve partnered with other teams like underwriting or finance. Be ready to discuss how you aligned pricing strategies with broader business objectives and how that collaboration led to successful outcomes.
✨Stay Updated on Regulations
Brush up on relevant regulations and actuarial standards before the interview. Being able to discuss how you ensure compliance in your pricing activities will show that you take governance seriously and understand its importance in the role.