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Pricing Analyst

3 months ago

Haywards Heath, United Kingdom Vermelo RPO Full time
Leading UK private insurance provider, covering about 5% of private cars, 20% of commercial vehicles, and over 30% of motorcycles, with total premiums of around £1.2 billion. They serve household names such as Co-op, Sainsbury's, O2, Halifax, AA, Saga, and Lloyds Bank, and have a significant direct market presence.
As a Senior Pricing Analyst, your responsibilities include:
Influencing project direction and outcomes across personal lines products
Creating innovative data solutions and presenting insights
Building and maintaining advanced pricing models using data science techniques
Developing automated reporting structures to monitor pricing performance
Collaborating with retail, technical pricing, and underwriting teams to improve products and pricingKey Responsibilities:
Develop advanced pricing models using traditional and data science techniques for Private Car, Commercial Vehicle, and Home accounts
Advance data science adoption across pricing and underwriting
Research and leverage new data sources, capturing trends with innovative features
Communicate results to key decision-makers for action
Review the performance of key accounts
Facilitate task automation
Monitor trends and review pricing proposals using specialist software
Coach and mentor team membersKey Skills and Experience:
General insurance pricing experience
Proficiency in predictive modelling techniques: Logistic Regression, GBMs, Elastic Net GLMs, GAMs, Decision Trees, Random Forests, Neural Nets, Clustering
Experience with programming languages: R, Python, PySpark, SAS, SQL
Quantitative degree (Mathematics, Statistics, Engineering, Physics, Computer Science, Actuarial Science)
Preferred experience with WTW's Radar software
Strong communication skills