Job Description
JOB DESCRIPTION
POSITION: Senior Risk Pricing Analyst
LOCATION: Somerset/ Hybrid
Our client are looking for a Senior Pricing Analyst to join their Risk Pricing team in Somerset. You’ll lead the development of sophisticated pricing and risk models for personal lines insurance, helping to shape data-driven, competitive pricing strategies that support strong financial outcomes and sustainable growth
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What you'll be responsible fo
* r:Build and improve pricing models: Lead the creation and refinement of actuarial models used to price personal lines insurance products, ensuring they remain robust, accurate and responsive to market conditio
* nsAnalyse risk and performance: Conduct deep-dive analyses to identify risk factors, trends and patterns; run experience studies and profitability reviews to evaluate model performance and recommend enhancemen
* tsPartner across the business: Collaborate with underwriting, finance, product and other teams to align pricing strategy with wider business objectives and support product development and planni
ng
What you'll ne
* ed:Industry experience: 3+ years in a similar pricing/risk modelling role (Personal lines: Home or Motor insurance experien
* ce)Strong actuarial/pricing background with experience developing and refining models for pricing and risk assessm
* entAdvanced analytical and problem-solving skills, with a track record of improving approaches beyond traditional risk cost modell
* ingPractical programming/analytics capability (e.g., Python and SQL), including data manipulation and model implementat
* ionExcellent written and verbal communication skills, able to influence non-technical stakehold
ers