Senior Retail Pricing Analyst - Motor Insurance in City of Westminster

Senior Retail Pricing Analyst - Motor Insurance in City of Westminster

City of Westminster Full-Time 60000 - 75000 £ / year (est.) No working from home possible
Zego

At a Glance

  • Tasks: Execute retail pricing strategies and analyse customer price elasticity to recommend rate changes.
  • Company: Zego is a forward-thinking company in the motor insurance sector, based in London.
  • Benefits: Enjoy a market-competitive salary, private medical insurance, and generous holiday allowance.
  • Other info: This is a permanent, full-time position with flexible hybrid working options.
  • Why this job: Shape the future of motor insurance pricing in a Python-led environment.
  • Qualifications: Strong Python coding experience and a background in motor insurance are essential.

The predicted salary is between 60000 - 75000 £ per year.

As a Retail Pricing Analyst, you will be responsible for the commercial application of our optimisation strategy. You will bridge the gap between advanced technical algorithms and real-world market performance. This role is ideal for an analyst with a strong insurance background (potentially within a large personal-lines insurer) who wants to move into a more agile, Python-led environment where they can shape the future of motor insurance pricing.

What you will be working on:

  • Executing and refining retail pricing strategies across UK and European markets to meet business-critical KPIs.
  • Analysing customer price elasticity and churn behaviour to recommend rate changes that maximise lifetime value and portfolio health.
  • Monitoring the performance of optimised rates and providing technical deep-dives to the Director of Pricing and senior leadership.
  • Leading the pricing for new, innovative products, ensuring our market entry is both competitive and mathematically sound.

What you will need to be successful:

  • Strong Python coding experience is a requirement.
  • You must be comfortable working within a modern, code-based technical stack.
  • Experience within a sophisticated pricing or actuarial function, ideally within the motor insurance sector.
  • A desire to move beyond traditional pricing cycles and leverage modern optimisation techniques to drive business growth.
  • A track record of balancing commercial ambition with pricing integrity and loss-ratio stability.

Benefits:

We reward our people well. Join us and you'll get a market-competitive salary, private medical insurance, company share options, generous holiday allowance, and a whole lot of wellbeing benefits. We also offer an annual flexible hybrid working contribution.

Equal Opportunity Employer:

We’re an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of race, religion, national origin, gender, sexual orientation, age, marital status, or disability status.

Senior Retail Pricing Analyst - Motor Insurance in City of Westminster employer: Zego

Zego, located in London, offers a competitive salary and private medical insurance. The team values diversity and innovation in the motor insurance sector, focusing on modern optimisation techniques.

Zego

Contact Details:

Zego Recruitment Team

We think you need these skills to ace Senior Retail Pricing Analyst - Motor Insurance in City of Westminster

Python Coding
Retail Pricing Strategy
Data Analysis
Customer Price Elasticity Analysis
Churn Behaviour Analysis
Technical Deep-Dives
Actuarial Function Experience