Senior Pricing Analyst
Senior Pricing Analyst

Senior Pricing Analyst

London Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team as a Senior Pricing Analyst, working on innovative pricing strategies and tools.
  • Company: Zurich is a global leader in insurance, committed to sustainability and community impact.
  • Benefits: Enjoy flexible working options, a generous pension scheme, and private medical insurance.
  • Why this job: Make a real impact while collaborating with top professionals in a supportive environment.
  • Qualifications: Degree-level education and actuarial experience required; coding skills in R/Python and SQL are a plus.
  • Other info: We value diversity and inclusion, offering a welcoming workplace for all backgrounds.

The predicted salary is between 48000 - 72000 £ per year.

Working hours: This role is available on a part-time, job-share or full-time basis.

Location: London

Closing date for applications: 23rd March 2025

The opportunity

Are you looking to step up in your actuarial career? Are you looking to have your voice heard and make a real, measurable impact on our business? Are you looking for variety in your role whilst working alongside some of the best actuaries and underwriters in the market? Are you excited about joining a team that is constantly looking to innovate and explore the art of the possible? If so, this could be your next role and we would love to hear from you!

The location of this role can be flexible but travel to meet other team members and stakeholders in our London office on a regular basis will be required. As part of our hybrid working approach, you’ll also have the opportunity to work from home as well as joining our team in Mark Lane, London. Many of our employees work flexibly in a variety of different ways, including part-time, flexible hours, job share, an element of working from home or compressed hours. This is because we want the best people for our roles, and we recognise that sometimes those people aren’t available full-time. Please talk to us at interview about the flexibility you may need.

What will you be doing?

  • Within the Commercial Lines Pricing team, you will have the opportunity to work across multiple Specialties lines of business including but not limited to D&O, Professional Indemnity, Financial Institutions and Cyber. This role focuses on our Corporate business meaning that you get to work on some of the largest and most complex insurance programmes in the market.
  • Case Pricing: Carrying out bespoke pricing and performance analysis across Property, Casualty, Energy and Specialties lines of business. Collaborating closely with underwriters to come up with robust competitive prices on some of the most unique offerings in the market.
  • Pricing tools: Lead the build of new pricing tools and devise a maintenance plan for our current suite of pricing tools, working across various platforms and working closely with underwriters. Ownership and monitoring of technical price assumptions and market pricing decisions. Work closely with our Group actuarial and underwriting teams to scope, build, develop, document and maintain global pricing tools.
  • Portfolio management: Working with underwriters to define, analyse and implement underwriting strategies to improve and grow our portfolios. Lead the delivery of pricing and portfolio management solutions across multiple portfolios, through advanced analytics, data analysis and modelling. Regular monitoring and reporting of key trends to senior stakeholders in the UK and to Group.
  • Technical skills: The chance to constantly challenge yourself through innovation and adaptation of new technologies with opportunities to learn and apply R/Python, Power BI, SQL & more.
  • Culture: Contributing to a positive and supportive team environment.
  • Collaboration: Building strong relationships across the company (underwriting, reserving, finance and claims), providing trusted insights and helping to foster a strong data-driven culture.
  • Coaching & mentoring: Support and supervise junior colleagues through coaching of technical and non-technical skills. Provide regular training and support to the actuarial and underwriting communities with a specific focus on best practice.
  • Process improvement: Continuously improving and challenging our processes to drive further efficiencies for the team and underwriters.

What are we looking for?

  • Educated to degree level
  • Nearly/newly qualified actuary
  • Experience gained in an actuarial role (ideally commercial lines / London market)
  • Excellent knowledge of actuarial professional guidance
  • Market, risk and business awareness
  • Excellent knowledge of insurance products and industry
  • Highly numerate and analytical
  • Technical experience – MS Office suite, coding languages (R/Python, VBA, SQL)
  • Communication and interpersonal skills
  • Ability to manage own and other team members work portfolio

As an inclusive employer we want to ensure that all candidates feel comfortable and are able to perform at their best during the interview. You’ll have the opportunity to let us know of any reasonable adjustment or practical support needed when you apply.

What will you get in return?

Everyone’s different. That’s why at Zurich, we offer a wide range of employee benefits so our people can choose what fits them and their life. Our benefits provide real flexibility so our people can make considered choices and tailor their benefits throughout the year. Our benefits include 12% defined non-contributory pension scheme, annual company bonus, private medical insurance and the option to buy up to an additional 20 days or sell some of your holiday.

Who we are:

At Zurich we aspire to be one of the most responsible and impactful businesses in the world and the best global insurer. Together we’re creating a brighter future for our customers, our people and our planet. With over 55,000 employees in more than 170 countries, you’ll feel the support of being part of a strong and stable company who are a long-standing player in the insurance industry. We’ve made a promise to each other and every employee; to focus on sustainable impact, to care about each other’s wellbeing, to use our diverse expertise to be curious and optimistic and to develop the skills needed for our future.

If you're interested in working in a dynamic and challenging environment for a company that recognises and rewards your creativity, initiatives and contributions - then Zurich could be just the place for you. Be part of something great.

Our Culture:

At Zurich, our sense of community is strong and we’re particularly passionate about diversity and inclusion, which we’ve won numerous awards for. We want our people to bring the whole of themselves to work and ensure everybody is made to feel welcome, regardless of their background, beliefs or culture. We want our employees to reflect the diversity of our customers, and so are committed to treating all of our applicants fairly and with respect, irrespective of their actual or assumed background, disability or any other protected characteristic. We’ve an environment that places a real importance on our people’s wellbeing from a physical, mental, social and financial perspective. We work with our wellbeing partners and industry experts to provide the best advice and access to a wealth of lifestyle support. We’re also committed to continuous improvement and we offer access to a comprehensive range of training and development opportunities. We’re passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity. Our charitable arm, Zurich Community Trust, is one of the longest-established corporate trusts in the UK. In that time, we’ve awarded grants and volunteered time to deserving causes in the UK valued at over £90 million. So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.

Senior Pricing Analyst employer: Zurich

At Zurich, we pride ourselves on being an exceptional employer, offering a flexible work environment in the heart of London that caters to diverse needs, whether part-time, job-share, or full-time. Our commitment to employee growth is evident through comprehensive training opportunities and a culture that fosters collaboration and innovation, allowing you to make a meaningful impact while working alongside industry leaders. With a strong focus on wellbeing and a range of attractive benefits, including a generous pension scheme and private medical insurance, Zurich is dedicated to creating a supportive and inclusive workplace where every voice is valued.
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Contact Detail:

Zurich Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Pricing Analyst

✨Tip Number 1

Familiarise yourself with the latest trends in pricing analytics and actuarial practices, especially within the commercial lines sector. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the role.

✨Tip Number 2

Network with current or former employees of Zurich, particularly those in actuarial roles. They can provide valuable insights into the company culture and expectations, which can be beneficial when discussing your fit for the team.

✨Tip Number 3

Prepare to discuss specific examples of how you've used data analysis and modelling in previous roles. Highlighting your technical skills in R, Python, or SQL will show that you're ready to tackle the challenges of this position.

✨Tip Number 4

Be ready to articulate your approach to collaboration and coaching, as these are key aspects of the role. Think of instances where you've successfully worked with others or mentored colleagues, as this will resonate well with the interviewers.

We think you need these skills to ace Senior Pricing Analyst

Actuarial Expertise
Advanced Analytical Skills
Technical Proficiency in R/Python and SQL
Strong Knowledge of Insurance Products
Market and Risk Awareness
Data Analysis and Modelling
Communication and Interpersonal Skills
Portfolio Management
Collaboration Skills
Coaching and Mentoring Abilities
Process Improvement Mindset
Attention to Detail
Project Management Skills
Ability to Work Independently and in a Team

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in actuarial roles, particularly in commercial lines or the London market. Emphasise your technical skills, such as proficiency in R/Python, SQL, and Power BI, as well as your analytical abilities.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific projects or experiences that demonstrate your ability to innovate and collaborate effectively with underwriters and other teams.

Highlight Your Soft Skills: Since the role involves coaching and mentoring junior colleagues, be sure to showcase your communication and interpersonal skills. Provide examples of how you've successfully worked in teams and supported others in their development.

Showcase Your Understanding of the Industry: Demonstrate your knowledge of insurance products and market trends in your application. This could include discussing recent developments in the industry or how you have applied your market awareness in previous roles.

How to prepare for a job interview at Zurich

✨Showcase Your Technical Skills

As a Senior Pricing Analyst, you'll need to demonstrate your proficiency in technical tools like R, Python, and SQL. Be prepared to discuss specific projects where you've used these skills to solve complex problems or improve processes.

✨Understand the Insurance Market

Familiarise yourself with current trends in the insurance industry, especially within commercial lines. Being able to discuss recent developments or challenges in the market will show your awareness and passion for the field.

✨Prepare for Case Studies

Expect to tackle case studies during your interview that reflect real-world pricing scenarios. Practice analysing data and presenting your findings clearly, as this will be crucial in demonstrating your analytical capabilities.

✨Emphasise Collaboration and Communication

This role requires strong collaboration with underwriters and other teams. Be ready to share examples of how you've successfully worked in teams, communicated insights, and built relationships across departments.

Senior Pricing Analyst
Zurich
Z
  • Senior Pricing Analyst

    London
    Full-Time
    48000 - 72000 £ / year (est.)

    Application deadline: 2027-03-20

  • Z

    Zurich

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