See more Collapse

Pricing Analyst

1 month ago

London, Greater London, United Kingdom IQUW Group Full time
Overview

Pricing Analyst

Grade: 4
Reporting to: Pricing Manager
Location: London

About us

IQUW is a speciality (re)insurer at Lloyd's (Syndicate 1856) underwriting a diverse range of Property, Commercial and Speciality (re)insurance products from Cargo and Marine to Political Violence, Terror and War. We combine data, intelligent automation and human expertise to make smart decisions, fast.

ERS is the UK's largest specialist motor insurer with an A+ rating. We recognise that for some, motor insurance is more than just a must-have; it's a way of taking care of what stands at the heart of their passion or livelihood. For those people, standard insurance isn't enough. That's why we work exclusively with motor insurance brokers to help get under the skin of the most difficult insurance risks, helping build products to meet their customer's needs.

The role
  • The role sits within the ERS Motor Pricing function supporting the Commercial Lines area of the team. Commercial Lines Pricing provides pricing support to the Commercial, Agriculture and Fleet Classes of Business.
  • The role holder has accountability for materially contributing to the execution of the business and pricing strategy and therefore supporting our financial objectives.
  • The Pricing Analyst is responsible for assisting with the development of pricing models and producing key insights which support the management of schemes and brokers. This is across a variety of products whilst supporting the pricing development and pricing cycle process.
  • The successful candidate will be able to introduce and maintain knowledge of advanced modelling and data science methodologies/techniques as required by the individual demands of a project.
  • Success in the role requires extensive collaboration with other business functions to ensure all capabilities within the business are utilised effectively to meet our financial plans.
Key responsibilities
  • Contribute to management of the financial performance of a diverse range of product propositions in a complex and competitive market.
  • Utilise Actuarial and Data Science techniques to build and enhance pricing or sub-pricing models.
  • Work closely with other areas of the business to ensure the aims and impacts of any pricing change are conducive to the objectives of the product.
  • Use analysis of data to monitor & investigate performance of products.
  • Ensure that the execution of the pricing delivery plan is on time by working to agreed timescales and to a high standard.
  • Work with Pricing Management to ensure that activity is aligned with Pricing Strategy and wider business objectives.
  • Support the development of MI & reporting processes within the Pricing team.
  • Help develop a robust price change control process. Support the Deployment Team to design & implement effective testing of change to increase accuracy in deployment and understanding of risk.
Essential qualifications, skills and experience
  • Highly articulate and numerate, paying attention to detail and accuracy. Ability to analyse data for effective proposition Pricing combined with experience in handling complex datasets.
  • Being commercially aware and using this acumen in a way which helps enhance the businesses profitability.
  • Experience in using data manipulation & statistical software packages such as R, Python, SAS, EMBlem, RADAR, Excel/VBA, SQL Server. Advanced skill in at least one of these packages.
  • Ability to create suitable visualisations of complex and large data sets utilising packages such as Power BI.
  • Logical thinker able to devise and assess multiple approaches to solving problems.
  • Innovative & creative when reviewing and improving processes.
  • Organised and has the ability to produce work in a timely manner.
  • Comfortable to work with and approach a range of people inside and outside of the pricing team where assistance or further information is required.
To see the full job description, please click here

We have other current jobs related to this field that you can find below

  • Pricing Analyst

    2 weeks ago

    London, Greater London, United Kingdom Ageas Insurance Limited Full time

    Job Title: Pricing AnalystTarget Start Date: ASAPContract Type: Permanent, Part Time, Full Time, Job Share option availableSalary Range: GBP 30, ,000Location: London Pricing Analyst: Ageas are looking to bring on board a dynamic and analytical Pricing Analyst to join our Motor team in London. The Pricing Analyst will be directly involved with the business...

  • Pricing Analyst

    2 weeks ago

    London, Greater London, United Kingdom Eames Consulting Full time

    Pricing Analyst - Business Facing A global retail insurer is looking to expand its pricing team, seeking a commercially excellent pricing analyst to take on a business facing position. This is a unique opportunity to affect the strategic direction of a major insurer. You'll analyse pricing performance, aiming to understand the impact of pricing changes,...

  • Pricing Analyst

    2 weeks ago

    London, Greater London, United Kingdom Page Personnel Finance Full time

    The role of a Pricing Analyst will assist in a period of transformation and growth. You will take responsibly for customer pricing and contract management and have a keen interest in data/ data sets and be extremely analytical.Client DetailsMy client is a rapidly growing business based in Twickenham who place a huge emphasis on work culture.DescriptionThe...

  • Pricing Analyst

    2 weeks ago

    London, Greater London, United Kingdom Urbanberry Recruitment Ltd Full time

    We're delighted to be helping our corporate travel company client fill ANOTHER position on their Pricing Team Due to continued growth of both the business and the team, a new position of Pricing Analyst has opened up, giving someone with natural analytical skills a wonderful opportunity to join a thriving travel management company. The role of Pricing...

  • Pricing Analyst

    2 weeks ago

    London, Greater London, United Kingdom CM recruitment Full time

    This well established business travel company are recruiting for an experienced Pricing Analyst. Hybrid role between London and home. Paying circa £36K. Pricing Analyst - Responsibilities: Preparation of bespoke pricing for new prospects/clients Analysing and consolidating complex MI for tender Deliver profitable pricing, with a focus on margin...

  • Pricing Analyst

    2 weeks ago

    London, Greater London, United Kingdom Pure Resourcing Limited Full time

    An exciting opportunity has arisen in an entrepreneurial Company for an experienced Pricing Analyst to join their fast paced commercial team. As the Pricing Analyst will support the Commercial Team with pricing requests and provide analytical support to colleagues were required. You will help maintain pricing tools and implement signed off changes. . The...

  • Pricing Analyst Analyst

    2 weeks ago

    London, Greater London, United Kingdom Miryco Consultants Ltd Full time £50,000 - £70,000

    Join a top 10 UK retail insurer as a Senior Pricing Analyst! Miryco Consultants is collaborating with a leading UK retail insurance company to find a skilled Senior Pricing Analyst for their motor pricing team. They are big on data expertise and offer the flexibility of fully remote work.Responsibilities:- Manage rate changes and implement new models and...

  • Pricing Analyst

    2 weeks ago

    London, Greater London, United Kingdom Adecco Full time

    Our client is currently recruiting for a Pricing Analyst, pay £125- £155 per day, start ASAP, duration 12 months, hours Mon-Fri full time, location of the office is Canary Wharf, this is a hybrid working role.The Pricing Analyst (Contract) will provide assistance on daily pricing transactions and bid evaluations in line with our client Marine Lubricants'...

  • Pricing Analyst

    2 weeks ago

    London, Greater London, United Kingdom Urbanberry Recruitment Ltd Full time

    We're delighted to be helping our corporate travel company client fill ANOTHER position on their Pricing Team Due to continued growth of both the business and the team, a new position of Pricing Analyst has opened up, giving someone with natural analytical skills a wonderful opportunity to join a thriving travel management company. The role of Pricing...

  • Risk Pricing Analyst

    2 weeks ago

    London, Greater London, United Kingdom The Actuary Full time

    Risk Pricing Analyst sought for by a market-leading General Insurer. Our client is seeking a candidate with experience in Insurance Pricing to join them as a Risk Pricing Analyst. This is a fantastic opportunity for a candidate who is skilled in the use of programming language to join a market-leading insurer as a Risk Pricing Analyst . Responsibilities of...

  • Reinsurance Pricing Analyst

    2 weeks ago

    London, Greater London, United Kingdom HFG Full time

    Reinsurance Pricing Analyst HFG London, United Kingdom Posted 1 day ago Hybrid Job Permanent Negotiable We have partnered with a leading Re-insurer to find them a Mixed Actuarial Analyst. This role will focus primarily on pricing but will also provide exposure to reserving and capital. This role is not limited to but includes : We have partnered with a...

  • Pricing Analyst Analyst

    2 weeks ago

    London, Greater London, United Kingdom Rise Resourcing Full time £60,000

    Job Description Senior Pricing Analyst Wimbledon (Hybrid) Up to £60,000 + Bonus & Benefits I am currently recruiting for an experienced Commercial Senior Pricing Analyst to join an established and well-regarded retailer based within their Head Office function in the Wimbledon. Working as an integral part of the Commercial department, you will ultimately...

  • Pricing Analyst

    2 weeks ago

    London, Greater London, United Kingdom Eames Consulting Full time

    We are hiring a Pricing Analyst!A top brokerage firm is seeking a Pricing Analyst to join their team with a focus on motor lines of business. This role involves handling extensive amounts of data and collaborating with actuaries and brokers to develop intricate models using industry metrics.Prepare and deliver actuarial workParticipate in peer reviews of...

  • Lead Pricing Analyst

    2 weeks ago

    London, Greater London, United Kingdom The Actuary Full time

    Lead Pricing Analyst sought for by a market-leading General Insurer. Our client is seeking a candidate with experience in Actuarial Pricing to join them as a Lead Pricing Analyst. This is a fantastic opportunity for a candidate who is skilled in the use of programming language to join a market-leading insurer as a Lead Pricing Analyst . ...

  • Pricing Analyst Analyst

    2 weeks ago

    London, Greater London, United Kingdom The Actuary Full time

    MERJE are supporting a well-known Personal Lines, General Insurer, looking for a Principal Pricing Analyst. This role will be suited to a Nearly/Newly Qualified Actuary, or someone who has extensive General Insurance Pricing experience. You will focus on optimise current pricing strategies as well as showing innovation on new product development. ...

  • Pricing Analyst Analyst

    2 weeks ago

    London, Greater London, United Kingdom Eames Consulting Full time

    A leading commercial lines insurer is looking to add a pricing analyst to join their team sitting in the motor function. The candidate will use actuarial and data science techniques to build and enhance pricing models while working with senior stakeholders and brokers.

  • Retail Pricing Analyst

    2 weeks ago

    London, Greater London, United Kingdom Eames Consulting Full time

    Pricing Analyst - Business Facing A global retail insurer is looking to expand its pricing team, seeking a commercially excellent pricing analyst to take on a business facing position. You'll analyse pricing performance, aiming to understand the impact of pricing changes, and advising on new approached to create improve portfolio performance. The ideal...

  • Pricing Analyst Analyst

    2 weeks ago

    London, Greater London, United Kingdom CM recruitment Full time

    This well established business travel company are recruiting for an experienced Pricing Analyst. Hybrid role between London and home. To manage the delivery of analysis and development support Providing ah hoc analysis as required Preparing reports, models and analysisAdvanced level understanding of Excel Strong analytical skills able to interpret data...

  • Risk Pricing Analyst

    2 weeks ago

    London, Greater London, United Kingdom The Actuary Full time

    Risk Pricing Analyst sought for by a market-leading General Insurer. Our client is seeking a candidate with experience in Insurance Pricing to join them as a Risk Pricing Analyst. This is a fantastic opportunity for a candidate who is skilled in the use of programming language to join a market-leading insurer as a Risk Pricing Analyst . ...

  • Lead Pricing Analyst

    2 weeks ago

    London, Greater London, United Kingdom The Actuary Full time

    Lead Pricing Analyst (Home Insurance) - Personal Lines I am working with a leading Personal Lines Insurer looking for a Lead Pricing Analyst to join their expanding Home insurance team. You will leverage your expertise in developing, evaluating, and validating cutting-edge pricing models using predictive modelling/ML techniques. These models will directly...