At a Glance
- Tasks: Analyse data and develop pricing models using advanced statistical techniques.
- Company: Cova Insurance, dedicated to protecting what matters most with award-winning service.
- Benefits: Flexible working hours, generous holidays, performance bonuses, and health perks.
- Other info: Fully remote role with opportunities for career growth and a supportive culture.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: Strong analytical skills, experience in predictive modelling, and leadership abilities.
The predicted salary is between 50000 - 65000 € per year.
We have an exciting opportunity to join us here at Cova Insurance as a Principal Pricing Analyst, within our Commercial Pricing Team! At Cova Insurance, we're all about protecting what matters most - whether it's your home, your car, or your business. With our award-winning customer service and a wide range of insurance products, we're here to make a real difference.
In this role, you'll be working in a team where you will be supporting the pricing of SME products, using statistical and machine learning techniques to analyse complex data sets, build predictive models, and uncover patterns to deliver sophisticated pricing structures, address business challenges and discover valuable insights. This role is fully remote, giving you the flexibility to work from the comfort of your home. If you prefer the buzz of the office, you're welcome to work from our Halifax or Reading offices whenever you like!
At Cova, balance matters. We know life is busy, so we're open to flexible hours, different working patterns, and arrangements that fit your circumstances. Many of our colleagues already work flexibly and we're always happy to explore what works best for you. This is more than just a job - it's a chance to grow, develop, be part of something great and take on more responsibility.
What does a day-to-day look like?
- Maintaining and developing sophisticated pricing models
- Analyse, evaluate, and assess new rating factors and develop pricing structures that utilise them
- Acquire and maintain an in-depth knowledge of the pricing and analysis tools used across the team, including WTW Radar, WTW Emblem, Databricks, SAS Enterprise Guide, SQL, and Python
- Support leaders within pricing and the wider business to deliver business objectives, including driving improvements to risk selection, loss ratio and growth.
- Taking responsibility for managing certain processes and liaising with relevant stakeholders both within and external to the organisation.
- Managing and developing analysts, demonstrating and role modelling the company values and promoting a culture of continuous improvement and agility.
What you can bring to the team:
- Excellent numerical and analytical skills, a good problem solver and high attention to detail & accuracy
- Experience of predictive modelling and machine learning techniques applicable to insurance pricing
- Exceptional critical thinking skills and intellectually curious
- Good communication and interpersonal skills
- Ability to lead, manage and develop others in your team
- Adaptable to changing needs of the business in a competitive market
- Experience analysing data using Actuarial or analytical techniques (Desirable)
Not sure if you tick every box? That's okay! At Cova, we understand that not every candidate will meet every requirement listed. If this opportunity excites you and you feel you could be a great fit, we warmly encourage you to apply. We are committed to building a diverse and inclusive team where everyone has the chance to thrive.
Why join us?
- Flexible working 36.25 hours a week with flexitime & hybrid options
- Annual pay review plus performance bonuses (up to 30% depending on level)
- Generous holidays 25-27 days + bank holidays, with buy/sell options
- Pension perks 7.5% employer contribution, rising to 9% with your input
- A culture where everyone belongs - We're committed to diversity, equity and inclusion, with real action, employee-led community groups, and ongoing learning to make Cova a place where everyone can thrive
- Mental & financial support through our dedicated Wellbeing group
- Career growth - Training, qualifications and apprenticeships to help you thrive
- Health & wellbeing - Private medical cover, 24/7 Virtual GP, health checks, flu jabs & more
- Drive in style - Tusker Car Scheme with fully maintained insured vehicles
- Extra savings - Gym discounts, Cycle to Work, and retail offers via Perkpal
- And much more!
Excited about this opportunity? So are we! Apply today and be part of our journey. As a Disability Confident Employer, we're committed to fair and accessible recruitment. If you need any adjustments, support or alternative application options during the recruitment process, then please reach out to our Recruitment Team.
Applicants must currently reside in the United Kingdom and possess full and unrestricted right to work in the UK. Unfortunately, we are unable to offer Visa sponsorship for this role.
Salary: Dependent on Experience
Working hours: 36.25
Principal Pricing Analyst - Home Based; Halifax; Reading employer: What Jobs
Cova Insurance is an exceptional employer that prioritises flexibility and work-life balance, offering a fully remote Principal Pricing Analyst role with the option to work from our Halifax or Reading offices. We foster a culture of inclusivity and continuous improvement, providing generous benefits such as flexible hours, performance bonuses, and extensive career growth opportunities through training and development. Join us to be part of a supportive team dedicated to making a meaningful impact in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Principal Pricing Analyst - Home Based; Halifax; Reading
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend virtual meetups, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common questions and showcasing your analytical skills. Use examples from your past experiences to demonstrate how you've tackled challenges and delivered results.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. At StudySmarter, we encourage you to check out our website for roles that excite you and fit your skill set.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can leave a lasting impression and show your enthusiasm for the role. It’s a simple way to stand out from the crowd.
We think you need these skills to ace Principal Pricing Analyst - Home Based; Halifax; Reading
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Principal Pricing Analyst role. Highlight your experience with predictive modelling and machine learning techniques, as these are key to what we’re looking for at CovaInsurance.
Showcase Your Analytical Skills:We want to see your excellent numerical and analytical skills in action! Include specific examples of how you've used data analysis to solve problems or improve processes in your previous roles.
Communicate Clearly:Good communication is essential for this role. When writing your application, be clear and concise. Use straightforward language to explain your experiences and how they relate to the job description.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you’re genuinely interested in joining our team!
How to prepare for a job interview at What Jobs
✨Know Your Numbers
As a Principal Pricing Analyst, you'll be dealing with complex data sets and predictive models. Brush up on your numerical skills and be ready to discuss specific examples of how you've used statistical techniques or machine learning in past roles. This will show your analytical prowess and relevance to the job.
✨Familiarise Yourself with Tools
Make sure you have a good understanding of the tools mentioned in the job description, like WTW Radar, SQL, and Python. If you can, try to get hands-on experience with these tools before the interview. Being able to talk about your proficiency with these technologies will give you an edge.
✨Showcase Your Problem-Solving Skills
Prepare to discuss specific challenges you've faced in previous roles and how you approached solving them. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will demonstrate your critical thinking and adaptability, which are key for this role.
✨Communicate Clearly
Strong communication skills are essential for this position. Practice explaining complex concepts in simple terms, as you may need to liaise with stakeholders who aren't as technically savvy. Clear communication will highlight your interpersonal skills and ability to lead and manage others effectively.
