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For Companies At a Glance
- Tasks: Lead pricing analysis and develop innovative solutions in a dynamic team environment.
- Company: Join Thinkways Software Technologies, part of the Markerstudy Group, a leader in insurance solutions.
- Benefits: Enjoy flexible working options and opportunities for professional growth and development.
- Why this job: Be at the forefront of pricing strategy, influencing decisions and driving innovation in the insurance sector.
- Qualifications: Must have experience in general insurance pricing and proficiency in statistical programming languages.
- Other info: This is a full-time, mid-senior level role based in Manchester.
The predicted salary is between 36000 - 60000 £ per year.
Join to apply for the Senior Pricing Analyst – Modelling role at Thinkways Software Technologies Pvt. Ltd.
Job Title:
Senior Pricing Analyst – Modelling
Locations:
Manchester (flexible)
Role Overview
This role is for Atlanta Group, part of the Markerstudy Group. Atlanta / Markerstudy Group are looking for a Senior Pricing Analyst (Modelling) to join a growing and established team.
You will be responsible for utilising your technical expertise and in-depth knowledge of the insurance industry and market leading tools to produce creative and actionable pricing solutions. This is to maximise Atlanta\’s ability to meet its strategy and annual plan but should also influence that strategy through regular identification of opportunities to Pricing Managers, Head of Pricing and the Executive Committee. This role requires a large element of coaching team members and championing modelling best practices across the department.
Key Responsibilities:
- Provide technical leadership on WTW toolkit (in particular Emblem and Radar) to drive forward effective and efficient solutions which deliver business requirements and add demonstrable value.
- Provide thought leadership on modelling concepts.
- Lead and manage the development of effective and efficient solutions which deliver business requirements and add demonstrable value.
- Ensure that all team members follow quality assurance processes and manage risk adhering to all relevant policies.
- Research, develop and champion the use of best practice methods and standards and ensure they are embedded throughout the department.
- Plan, design and lead the development of Atlanta\’s pricing capability.
- Maintain an extensive knowledge of statistical techniques through ongoing research to ensure Atlanta has a market-leading approach to analysis and modelling.
- Assist Pricing Managers in making tactical and strategic decisions.
- Deputise for Pricing Managers, Head of Pricing.
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.
- Proficiency in statistical and data science programming languages (e.g., R, Python, PySpark, SAS, SQL).
- A good quantitative degree (Mathematics, Statistics, Engineering, Physics, Computer Science, Actuarial Science).
- Proven experience of modelling using WTW toolkit (Emblem and Radar).
- Excellent communication skills, both verbal and written.
Behaviours:
- Self-motivated with a drive to learn and develop.
- Logical thinker with a professional and positive attitude.
- Passionate about innovating, improving processes, and challenging norms.
- Good personality and sense of humour.
Additional Details:
- Seniority level: Mid-Senior level
- Employment type: Full-time
- Job function: Finance
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Senior Pricing Analyst - Modelling 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 Senior Pricing Analyst - Modelling
✨Tip Number 1
Familiarise yourself with the WTW toolkit, especially Emblem and Radar, as these are crucial for the role. Consider taking online courses or tutorials to enhance your skills in these specific tools, which will demonstrate your commitment and readiness to hit the ground running.
✨Tip Number 2
Stay updated on the latest trends and techniques in predictive modelling. Engaging with industry publications or attending relevant webinars can provide you with insights that you can discuss during interviews, showcasing your proactive approach to learning.
✨Tip Number 3
Network with professionals in the insurance pricing field, particularly those who have experience with modelling. Platforms like LinkedIn can be invaluable for connecting with current employees at Atlanta Group or similar companies, allowing you to gain insider knowledge about the company culture and expectations.
✨Tip Number 4
Prepare to discuss your previous experiences in general insurance pricing and how you've applied statistical techniques in real-world scenarios. Being able to articulate your thought process and the impact of your work will set you apart from other candidates.
We think you need these skills to ace Senior Pricing Analyst - Modelling
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in general insurance pricing and predictive modelling techniques. Use specific examples that demonstrate your proficiency with tools like Emblem and Radar.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and the insurance industry. Mention how your skills align with the responsibilities outlined in the job description, particularly your ability to provide technical leadership and champion best practices.
Showcase Your Technical Skills: Clearly outline your experience with statistical programming languages such as R, Python, or SQL. Provide examples of projects where you successfully applied these skills to deliver actionable pricing solutions.
Highlight Soft Skills: Don't forget to mention your communication skills and ability to coach team members. The role requires collaboration and influencing others, so share instances where you've successfully led a team or communicated complex ideas effectively.
How to prepare for a job interview at Thinkways Software Technologies Pvt. Ltd.
✨Showcase Your Technical Expertise
Make sure to highlight your experience with predictive modelling techniques and the WTW toolkit, especially Emblem and Radar. Be prepared to discuss specific projects where you've successfully applied these tools to deliver actionable pricing solutions.
✨Demonstrate Leadership Skills
Since this role involves coaching team members and providing technical leadership, share examples of how you've led teams or mentored colleagues in the past. Discuss your approach to fostering a collaborative environment and championing best practices.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities and decision-making skills. Prepare to discuss how you would handle specific pricing challenges or how you would influence strategic decisions within the team.
✨Communicate Clearly and Confidently
Excellent communication skills are crucial for this role. Practice articulating your thoughts clearly, both verbally and in writing. Be ready to explain complex modelling concepts in a way that is easy to understand for non-technical stakeholders.
