Pricing Analyst- Insurance
£30K- £50K
Once a week in London
My Client is on the search for a Technical Pricing Analyst to develop models and drive innovation in their pricing practices.
Key Responsibilities:
* Develop and implement competitive pricing strategies to maximise quote volume and conversion rates
* Analyse net loss ratio and implement changes to achieve target position.
* Perform detailed analysis of sales data and customer demographics to identify trends and opportunities for improvement
* Use statistical and machine learning techniques to refine pricing models and ensure alignment with market conditions
* Prepare regular reports and presentations for senior management, highlighting performance trends and recommending pricing adjustments to achieve goals
* Work closely with the Commercial team to align pricing strategies with sales targets and any partner requirements
* Liaise with the Product and Underwriting teams to ensure that pricing changes are consistent with product coverage and regulatory requirements
* Support the retail team with pricing changes and model improvements
Key Requirements:
* Experience within General Insurance is essential
* Degree in Mathematics, Statistics, Economics, Actuarial Science, or a related quantitative field
* Experience in building technical risk models
* Proficient in data analysis tools such as SAS, SQL, Python, R etc…
* Proficient in pricing software (e.g. Earnix, Akur8, Emblem, Radar etc…) and rating engines is a strong advantage
* Understanding of statistical modelling techniques
* Strong analytical mindset with the ability to interpret complex data and make data-driven decisions
* Excellent attention to detail and the ability to identify trends and anomalies in large datasets
* Strong written and verbal communication skills, with the ability to present complex information clearly to both technical and non-technical stakeholders
* Proven ability to work collaboratively in cross-functional teams and build and sustain strong working relationships with a variety of stakeholders
Send your CV to nmohamed@merje.com
*Please note- Sponsorship not available*