About the role

  • Pricing Analyst optimizing product pricing strategies for the Motor Retail division. Collaborating with internal teams for data-driven pricing and constant performance monitoring.

Responsibilities

  • Running Price Optimisation in Radar on a regular basis to hit the financial plan for Motor product
  • Tracking and identifying market opportunities and proposing rate changes
  • Constantly find new efficient ways of pricing
  • Embedding a test and learn approach in pricing
  • Proposing price changes and getting it signed off from key stakeholders
  • Testing the proposed changes before being deployed in Live
  • Conducting Post implementation reviews and take actions where the actual impacts are not in line with expectation
  • Portfolio Management and Mix monitoring
  • Stakeholder management and engagement across internal teams
  • Ensuring that appropriate governance processes are followed

Requirements

  • General understanding of insurance
  • Understanding of key legislation and regulation applying to motor insurance and how this impacts pricing algorithms, models, customer premiums and experience
  • Strong numerical and analytical skills with a keen eye for problem solving
  • Ability to communicate complex information in a simple way
  • Experience of multivariate modelling, for example in Emblem
  • Experience of data manipulation using languages, such as SQL or Python
  • Experience of statistical and mathematical techniques and proven experience of applying these effectively
  • Desire to be accountable for your deliverables and the performance of Motor products

Benefits

  • 9% employer contributed pension
  • Annual company bonus of up to 10%
  • 50% off home, motor and pet insurance, plus free Green Flag breakdown cover
  • Generous holiday allowance
  • Flexible benefits package including optional health and dental insurance
  • EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way
  • Buy as you earn share scheme
  • Employee discounts and cashback

Job title

Pricing Analyst – Trading

Job type

Experience level

Mid levelSenior

Salary

Not specified

Degree requirement

Bachelor's Degree

Tech skills

Location requirements

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