Experienced Pricing Analyst

3 weeks ago


London, Greater London, United Kingdom Gerrard White Consulting Full time

Senior Pricing Analyst – Motor Insurance – Innovative Insurtech Firm

Salary: £70,000 - £85,000 + Benefits

We are seeking a skilled Motor Pricing Analyst with a strong background in machine learning, data analytics, and a solid understanding of actuarial concepts. This role is pivotal in joining a forward-thinking Insurtech organization and influencing strategic initiatives through data-centric insights. Proficiency in Python, along with good SQL skills and some familiarity with R, is essential.

This company stands out in the Insurtech landscape, boasting remarkable growth metrics, including over 200% revenue increase year-on-year and an annual Gross Written Premium (GWP) exceeding £50 million. It is an exciting opportunity for a Pricing Analyst to contribute significantly as the firm strengthens its market presence.

Key Responsibilities:

  • Construct pricing models utilizing machine learning and statistical methodologies for motor and property & casualty insurance.
  • Incorporate actuarial techniques into pricing frameworks.
  • Examine and manipulate extensive datasets to uncover trends and optimization prospects.
  • Collaborate with product innovation, underwriting, risk assessment, and various teams to formulate integrated pricing strategies.
  • Remain updated on industry advancements in data science and machine learning.
  • Deliver insights and recommendations to executive leadership.
  • Support new product initiatives with expert pricing evaluations.
  • Ensure adherence to regulatory standards.

Qualifications:

  • Bachelor's or Master's degree in Data Science, Statistics, Actuarial Science, Mathematics, or a related discipline.
  • Experience in pricing analysis for motor and/or property & casualty insurance within the insurance industry.
  • Expertise in machine learning methodologies and tools (Python, R, SQL).
  • Understanding of actuarial principles, particularly in motor and property & casualty insurance.
  • Exceptional analytical, problem-solving, and communication abilities.

Work Arrangement:

This position offers flexible hybrid working arrangements. Candidates are welcome from various locations, provided they are willing to travel to the office occasionally. The company covers travel expenses, including train tickets and overnight accommodations if necessary.

Join us in shaping the future of insurance with your expertise in modeling, machine learning, and technical skills in Python.


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