Principal Pricing Analyst – Personal Lines Insurance

Hybrid working/Surrey offices

Negotiable £50,000 to £70,000 DoE

Job Reference J12560

Our client, industry leaders in the insurance business, has a fantastic opportunity for a Principal Pricing Analyst (applications at Senior Analyst level also considered if you feel you are driven to progress) to join their Pricing department. This is a full time, permanent position.

The successful candidate will be responsible for significantly improving the profitability of the company through driving improvements to Motor pricing, across all their brands and channels.

The Day to Day

• Recommend, deliver and oversee changes to prices and underwriting criteria to help achieve volume and profit targets across all products, channels and brands.
• Responsible for delivering pricing initiatives, as well as feeding in new ideas, to make pricing and rating capabilities market leading.
• Understands the market and brings relevant market insight to the attention of the Pricing Team.
• Understand and can explain to others the main aspects of Pricing e.g. risk pricing, retail pricing and expenses, including how these are modelled/derived.
• Leads and supervise on building and updating significant risk/retail models using Radar, Emblem and alternative modelling/Data Science techniques.
• Responsible for implementing changes through the pricing algorithm as required.
• Leads on and supervises others with analysis to monitorany issues in key aspects of business performance.

We’d like to hear if you have…

• Degree level education or equivalent with proven numeracy skills.
• A knowledge of pricing and modelling techniques
• Experience of applying multivariate statistical and/or Data Science techniques (e.g. Regression (GLMs), Clustering, GBMs) to business problems
• Computer literate with a knowledge of statistical software such as SAS or Python would be an advantage, as well as insurance pricing software, e.g. Radar and Emblem.
• A well organised and logical approach, with attention to detail and good communication skills are essential as is the ability to demonstrate an in-depth understanding of how the business works and performs.
• The ability to communicate technical information in non-technical terms where appropriate and the ability to produce clear and concise written reports

If this sounds like the role for you then please apply today!

Alternatively, you can refer a friend or colleague by taking part in our fantastic referral schemes!  If you have a friend or colleague who would be interested in this role, please refer them to us.  For each relevant candidate that you introduce to us (there is no limit) and we place, you will be entitled to our general gift/voucher scheme.

Datatech is one of the UK’s leading recruitment agencies in the field of analytics and host of the critically acclaimed event, Women in Data.  For more information, visit our website: www.datatech.org.uk