Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead pricing strategies and develop innovative solutions in a dynamic insurance environment.
- Company: Join Markerstudy Group, a major player in the UK insurance market.
- Benefits: Enjoy remote work flexibility, competitive salary, and opportunities for professional growth.
- Why this job: Make a real impact by shaping pricing strategies and influencing key business decisions.
- Qualifications: Experience in insurance pricing and proficiency in predictive modelling techniques required.
- Other info: Collaborative culture with a focus on innovation and continuous improvement.
The predicted salary is between 36000 - 60000 ÂŁ per year.
Join to apply for the Principal Pricing Analyst role at Thinkways Software Technologies Pvt. Ltd.
Locations: This can be a largely remote position with occasional travel to the nearest office. Offices are available in Manchester, Stoke, London and Peterborough.
Role Overview: Markerstudy Group is looking for a Principal Pricing Analyst to join a quickly growing and developing pricing department across a range of insurance lines. You will utilise your technical expertise, in‑depth knowledge of the insurance industry and market‑leading tools to produce creative and actionable pricing solutions. This role requires a large element of coaching team members and championing best practice across the department. Reporting to the Associate Director, you will use WTW Radar and Emblem and will be responsible for the development and maintenance of predictive models (GLM) and price optimisation including machine learning algorithms (GBM), LTV (Lifetime Value) and fair pricing principles, ultimately creating value for our customers. You will be expected to provide pricing proposals considering customer and commercial outcomes, and to communicate these in a compelling, impactful way to all levels of stakeholders to help us make the right decisions at the right times. You will work on multiple priorities within a fast‑paced, dynamic environment and will need to manage stakeholder expectations while prioritising your workload.
Key Responsibilities:
- Be a key stakeholder influencing the direction and outcome of projects
- Provide technical leadership on WTW toolkit (particularly Radar Optimiser) to drive effective and efficient solutions
- Provide thought leadership on optimisation and modelling concepts
- Research, develop and champion best‑practice methods and standards, and ensure they are embedded throughout the department
- Lead the development of the Group’s pricing capability
- Query large databases to extract and manipulate data that is fit for purpose
- Oversee and assist in the development and implementation of market‑leading methodologies you have identified
- Continuously evaluate methodologies, understand how they fit into the wider context, and identify where they can be improved
Key Skills And Experience:
- Previous experience within general insurance pricing
- Experience with predictive modelling techniques such as Logistic Regression, GBMs, Elastic Net GLMs, GAMs, Decision Trees, Random Forests, Neural Nets and Clustering
- Experience in statistical and data science programming languages (e.g. R, Python, PySpark, SAS, SQL)
- A quantitative degree (Mathematics, Statistics, Engineering, Physics, Computer Science, Actuarial Science)
- Experience with WTW’s Radar software
- Proficiency in communicating results concisely, both verbally and in writing
About Us: Markerstudy Group is a major force in the UK general insurance market, combining scale with innovation. It has deep product and distribution reach through multiple brands and an experienced leadership foundation coordinating diverse and fast‑evolving business units. The Group employs more than 6,000 people across the UK.
Job Details:
- Seniority level: Mid‑Senior
- Employment type: Full‑time
- Job function: Finance
Principal Pricing Analyst in Peterborough employer: Thinkways Software Technologies Pvt. Ltd.
Contact Detail:
Thinkways Software Technologies Pvt. Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Principal Pricing Analyst in Peterborough
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those who work at Thinkways Software Technologies. A friendly chat can open doors and give you insights that might just help you land that Principal Pricing Analyst role.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Make sure you can confidently discuss predictive modelling techniques and how you've used them in past roles. We want to see your expertise shine!
✨Tip Number 3
Showcase your communication skills! Practice explaining complex pricing concepts in simple terms. This will be key when you're discussing proposals with stakeholders, so let’s make sure you can do it effortlessly.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Principal Pricing Analyst in Peterborough
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Principal Pricing Analyst role. Highlight your experience with predictive modelling and any relevant software like WTW Radar. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about pricing in the insurance industry and how you can contribute to our team. Keep it engaging and make it personal – we love to see your personality!
Showcase Your Technical Skills: Don’t forget to showcase your technical expertise! Mention your experience with programming languages like R or Python, and any predictive modelling techniques you've used. This is crucial for us to understand your capabilities.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s straightforward and ensures your application goes directly to us. Plus, you’ll find all the details you need right there!
How to prepare for a job interview at Thinkways Software Technologies Pvt. Ltd.
✨Know Your Numbers
As a Principal Pricing Analyst, you'll need to demonstrate your expertise in predictive modelling and pricing strategies. Brush up on your knowledge of techniques like GBMs and Logistic Regression, and be ready to discuss how you've applied these in past roles. This will show that you can hit the ground running.
✨Showcase Your Communication Skills
You'll be communicating complex pricing proposals to various stakeholders, so practice explaining your ideas clearly and concisely. Prepare examples of how you've successfully communicated technical concepts in the past, as this will highlight your ability to influence decisions at all levels.
✨Be Ready to Discuss Best Practices
Thinkways Software Technologies is looking for someone who can champion best practices in pricing. Come prepared with insights on methodologies you've developed or improved in previous roles. This shows that you're not just a doer but also a thought leader in the field.
✨Prepare for Scenario Questions
Expect questions that assess how you handle multiple priorities in a fast-paced environment. Think of specific examples where you've managed stakeholder expectations while delivering results. This will demonstrate your ability to thrive under pressure and manage competing demands effectively.
