We have a new opportunity for a Principal Pricing Analyst to join our Broker Home Pricing team. This is a hybrid role, with the flexibility to be based from one of our offices in London, Bournemouth, Chelmsford or Birmingham. As a Principal Pricing Analyst, you will play a significant role in decision making; carrying out statistical analysis and making recommendations to stakeholders to improve the pricing and products we offer to our customers and brokers.
Responsibilities
* Assisting in reviewing the expected impact and implementation of risk model updates - continually looking to improve data and processes
* Working with different teams and stakeholders to achieve an understanding of their needs, data requirements and expected modelling outcomes
* Getting hands‑on with data from its source right through to modelling rating changes and then implementation of changes in rating
* Analyzing data, interpreting output and communicating results to a non-technical audience
* Regularly review pricing and underwriting monitors, ensuring key points are escalated
* Proactively monitor underwriting footprint and recommend adjustments to footprint
* With your manager, define, set priority and report on status of project work and rate reviews / analysis to support product and pricing development
* Assisting with BAU including reporting
Qualifications
* Advanced personal lines pricing experience
* Proven experience in working with large data sources and a good command of Python, SQL, SAS, Databricks or similar coding languages
* Experience of Willis Towers Watson Radar software
* Good understanding of the various elements of the price we set, and how we can optimise this to deliver business targets
* Good stakeholder management skills, including communication, expectation management and the ability to convey technical concepts to a non-technical audience
* Knowledge of relevant statistical modelling methods and machine learning techniques
Desirable Skills
* Demonstrable understanding of the various elements of a Technical Price, including business expenses, other costs and actuarial/inflation assumptions
* Responsible Artificial Intelligence usage
Benefits
* Flexible buy/sell holiday options
* Hybrid working
* Annual performance related bonus
* Contributory pension scheme
* Development days
* A discount up to 50% on a range of insurance products including car, home and pet
* Retail discounts
* Volunteering days
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