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Senior Pricing Analyst

2 months ago

Bristol, Bristol, United Kingdom RAC Full time
{"title": "Senior Pricing Analyst", "description": "Role Overview

The RAC is seeking a highly skilled Senior Pricing Analyst to join their Insurance Pricing Team on a permanent basis. This role is based in the Bristol office and requires a hybrid working arrangement, with a minimum of two days spent in the office per week.

Key Responsibilities
  • Develop advanced analysis of insurance data to inform pricing decisions that ensure profitability and growth.
  • Run analyses to understand the drivers of trading performance and identify opportunities for pricing changes that deliver business and customer value.
  • Develop and maintain projections of future performance and provide solutions to mitigate pressures on business targets.
  • Carry out scenario and sensitivity analyses to inform what-if business questions.
  • Imagine and develop innovative data assets through proof-of-concept solutions that demonstrate superior value to existing processes.
  • Discover and present pricing insights to stakeholders from other business areas.
  • Collaborate with other members of the Pricing team and support the development of junior members of the team.
Requirements
  • Highly numerical and comfortable operating in a data-rich environment.
  • Curious about insurance pricing and able to boil down complex problems into simple and effective business recommendations.
  • Strong communicator able to work closely and build trust with stakeholders from other business areas.
  • Able to operate (and thrive) in fast-paced environments and capable of prioritising effectively.
  • Comfortable dealing with uncertainty to develop 'robust' outputs on time.
What We Offer
  • Competitive salary and annual bonus scheme.
  • FREE RAC Breakdown cover from day one.
  • Colleague Share Scheme – a unique opportunity to become an owner of our business and share in the future success of the RAC.
  • Car salary sacrifice scheme – including offers on electric vehicles.
  • Hybrid working.
  • Group Life Assurance of up to 4 x salary.
  • Health and wellbeing benefits – including healthcare cash plan and private medical insurance.
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