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- Tasks: Lead innovative pricing solutions and develop predictive models using advanced technologies.
- Company: Join Markerstudy, a leading UK insurance provider with a focus on innovation.
- Benefits: Enjoy private medical insurance, life assurance, and flexible hybrid working.
- Other info: Collaborative culture with clear career progression and professional development opportunities.
- Why this job: Shape the future of pricing and make a real impact in a dynamic environment.
- Qualifications: Experience in insurance pricing and strong technical skills in programming and modelling.
The predicted salary is between 55000 - 65000 £ per year.
Location: Peterborough, Manchester, London, Stoke-on-Trent (flexible hybrid working). We support remote working with occasional travel to our offices.
Are you ready to use your technical expertise to help transform pricing capabilities? At Markerstudy, we're on a mission to redefine how we deliver value to our customers and the business. This is your opportunity to join our Pricing Transformation team and play a key role in shaping the future of pricing across one of the UK's leading insurance providers.
Why this role matters
As Transformation Principal Pricing Analyst, you'll combine advanced technical skills with thought leadership to deliver innovative pricing solutions that maximise value for both customers and the business. You'll provide technical leadership on modelling and optimisation, champion best practices, and coach team members to embed cutting-edge methodologies across the department. Ultimately, you'll play a pivotal role in driving the evolution of our pricing capability and ensuring we stay ahead in a fast moving market.
What you'll do:
- Lead the development and maintenance of predictive models (GLMs) and price optimisation techniques, including machine learning algorithms (GBM), Lifetime Value models (LTV), and fair pricing principles.
- Provide technical leadership on WTW Radar and Emblem, driving effective and efficient solutions.
- Research, develop, and champion best practice methods; upskill the team through coaching and code reviews.
- Query and engineer large datasets (e.g., Python/R/SQL/PySpark) on modern platforms (e.g., Azure Databricks).
- Communicate pricing proposals and insights clearly and persuasively to stakeholders at all levels.
- Collaborate with Modelling, Optimisation, and Street Pricing teams to ensure solutions meet business objectives and are production ready.
- Coach and mentor team members, fostering a culture of innovation and continuous improvement.
What we're looking for:
- Previous experience in general insurance pricing.
- Strong technical expertise in predictive modelling techniques (e.g. GLMs and machine learning models).
- Proficiency in programming languages such as R, Python, PySpark, SAS, or SQL.
- Good knowledge of Azure Databricks and modern data technologies.
- Experience with WTW Radar software and optimisation tools.
- A quantitative degree in Mathematics, Statistics, Engineering, Physics, Computer Science, or Actuarial Science.
- Excellent communication skills to convey complex technical concepts to technical and non-technical audiences.
- A passion for innovation, continuous improvement and challenging the norm.
What we offer
- A collaborative, fast-paced environment where innovation thrives.
- Private medical insurance, life assurance (4x salary), and yearly bonus scheme.
- 25 days annual leave increasing with length of service, plus bank holidays (with options to buy more).
- Modern, vibrant offices and flexible hybrid working.
- Clear opportunities for career progression and professional development.
About Markerstudy
Markerstudy Group is one of the UK's leading insurance providers, known for its innovative approach and rapid growth. With over 6,000 colleagues and 8 million customers, we deliver a wide range of motor, home, pet, and specialist insurance products through well-known brands like Swinton, Carole Nash, and Marmalade. We're passionate about using data, technology, and creativity to make insurance smarter and more accessible. Joining our Pricing team means you'll work across multiple areas of the business, gaining exposure to a wide variety of challenges and opportunities. You'll be central to shaping customer pricing strategies, driving value, and influencing decisions at the heart of a dynamic, forward-thinking organisation. As a business committed to sustainability and investing in its people, we're proud to hold Investors in People Gold accreditation. We offer clear opportunities for career progression, professional development, and the chance to make a real impact in a growing organisation where your work truly matters.
Ready to make your mark? Apply now and help lead the future of pricing transformation at Markerstudy.
Transformation Principal Pricing Analyst employer: Vermelo
Contact Detail:
Vermelo Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Transformation Principal Pricing Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Markerstudy. A friendly chat can open doors and give you insights that might just set you apart from the competition.
✨Tip Number 2
Show off your skills! Prepare a portfolio or case studies showcasing your predictive modelling and optimisation work. This will help you demonstrate your technical expertise and thought leadership during interviews.
✨Tip Number 3
Practice your pitch! Be ready to clearly communicate your pricing proposals and insights. Tailor your message for both technical and non-technical audiences to show you can bridge the gap effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our innovative team at Markerstudy.
We think you need these skills to ace Transformation Principal Pricing Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Transformation Principal Pricing Analyst role. Highlight your experience with predictive modelling and programming languages like R and Python, as these are key for us.
Showcase Your Technical Skills: Don’t hold back on showcasing your technical expertise! We want to see your experience with GLMs, machine learning, and tools like WTW Radar. Be specific about your achievements and how they relate to the job.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about pricing transformation and how your skills can help us redefine value delivery at Markerstudy.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and get you started on this exciting journey with us!
How to prepare for a job interview at Vermelo
✨Know Your Numbers
Brush up on your predictive modelling techniques, especially GLMs and machine learning algorithms. Be ready to discuss how you've applied these in past roles, as this will show your technical expertise and ability to lead in this area.
✨Master the Tools
Familiarise yourself with WTW Radar and Emblem, as well as programming languages like Python, R, and SQL. If you can share specific examples of how you've used these tools to drive pricing solutions, it’ll definitely impress the interviewers.
✨Communicate Clearly
Prepare to explain complex technical concepts in a way that’s easy for non-technical stakeholders to understand. Practising this skill will help you convey your insights persuasively, which is crucial for the role.
✨Show Your Passion for Innovation
Be ready to discuss how you’ve challenged the norm in previous roles and contributed to continuous improvement. Highlighting your passion for innovation will resonate well with the company’s mission to redefine value delivery.