Senior Pricing Analyst

Accountancy jobs >> Accounting/Financial/Insurance

Negotiable

Permanent

Description

Job Title: Senior Pricing Analyst

Locations: Haywards Heath or Manchester (Hybrid)

Role Overview

Markerstudy Group are looking for a Senior Pricing Analyst to join a quickly growing and developing pricing department across a range of insurance lines.

Markerstudy is a leading provider of private insurance in the UK, insuring around 5% of the private cars on the UK roads, 20% of commercial vehicles and over 30% of motorcycles in total premium levels of circa £1.2b.  The majority of business is written as the insurance pricing provider behind household names such as Co-op, Sainsbury’s, O2, Halifax, AA, Saga and Lloyds Bank to list a few and Markerstudy also has a large and growing direct presence in the market as well.

Having acquired and successfully integrated Co-op Insurance Services in 2021 & BGLi in 2022, Markerstudy are now pursuing innovative pricing techniques, taking advantage of an award winning insurer hosted rating platform, whilst challenging existing embedded processes.

As a Senior Pricing Analyst, you will use your advanced analytical skills to:

Be a key stakeholder influencing the direction & outcome of projects across a range of personal lines products

Create innovative data solutions finding new ways to mine insight & present data

Build and maintain sophisticated models, prioritising a range of data science techniques

Develop reporting structures to monitor pricing performance in an automated fashion

Working with either retail or technical pricing teams and closely with underwriting teams, your insight and recommendations will enable improvements to products and prices giving Markerstudy a critical advantage in the increasingly competitive insurance market.

Key Responsibilities:

Develop a suite of advanced pricing models using a combination of traditional & data science techniques across Private Car, Commercial Vehicle & Home accounts

Advance the adoption of data science & statistical techniques across pricing & underwriting

Research and leverage new and existing data sources; capturing and explaining trends with innovative data features

Communicate results to key decision makers across the business for action based on the results of pricing analysis

Review observed & expected performance of key accounts

Collaborate with peers in pricing, underwriting and data science

Facilitate automation of repeatable tasks

Using specialist software to monitor trends and review impact of pricing proposals

Coaching and mentoring team members

Key Skills and Experience:

Previous experience within general insurance pricing

Experience with some of the following predictive modelling techniques; Logistic Regression, GBMs, Elastic Net GLMs, GAMs, Decision Trees, Random Forests, Neural Nets and Clustering

Experience in statistical and data science programming languages (e.g. R, Python, PySpark, SAS, SQL)

A good quantitative degree (Mathematics, Statistics, Engineering, Physics, Computer Science, Actuarial Science)

Experience of WTW’s Radar software is preferred

Proficient at communicating results in a concise manner both verbally and written

Behaviours:

Self-motivated with a drive to learn and develop

Logical thinker with a professional and positive attitude

Passion to innovate, improve processes and challenge the norm

Personality and a sense of humour
  • 1
  • Negotiable
  • None
  • None
  • CV-78292
  • Permanent
  • 2

How to Apply: Please click here to create a free Pure-jobs.com account and post your resume. Only logged in job seekers can apply for a job.

Find us at:

Never provide bank account, credit card details or any other financial information, or make any form of payment, when applying for a job. If you are ever asked to do this by a recruiter on Pure Jobs please click the Report button or contact us with the advertiser's company name and the title of the job vacancy. You should not send any money to anyone. A genuine employer with a job offer would never ask you to do this.

Report this job
x

Report a job

If you're concerned about a job advert, let us know and our quality team will investigate.

Your name(*)
Invalid Input

Your email address(*)
Invalid Input

Please select you reason(*)

Additional information(*)
Invalid Input

Invalid Input

Get new jobs for this search by email.

Also get an email with jobs recommended just for me.

Create Alert



Subscribe to updates from our blog

PLEASE NOTE! WE USE COOKIES AND SIMILAR TECHNOLOGIES FOR THE BEST USER EXPERIENCES

However, by continuing to use the site without changing settings, you are agreeing to our use of cookies.