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Commercial Pricing Strategist

2 months ago

Bristol, Bristol, United Kingdom RAC Motoring Services Careers Full time

About The Role

The RAC Motoring Services Careers is seeking a skilled Pricing Analyst to join their Insurance Pricing Team on a permanent basis. This role is based in a hybrid environment, with the expectation of being in the office two days a week.

RAC Insurance Overview

RAC Insurance operates as a broker within the personal lines insurance market, aiming to grow in this area. As a Pricing Analyst, you will play a crucial role in formulating pricing actions that improve business performance and enable the company to achieve its objectives.

Key Responsibilities

  • Develop and implement pricing strategies to enhance business performance and drive growth.
  • Produce in-depth analysis to understand the impact of previous pricing actions and identify opportunities for improvement.
  • Collaborate with cross-functional teams to gather and analyze data, and develop predictive modeling techniques to inform pricing decisions.
  • Stay up-to-date with industry trends and best practices in insurance pricing, and apply this knowledge to drive business results.
  • Present pricing insights and recommendations to stakeholders from other business areas, ensuring effective communication and collaboration.

Requirements

  • Strong analytical and problem-solving skills, with the ability to prioritize tasks and deliver results in a fast-paced commercial environment.
  • Excellent communication and presentation skills, with the ability to distill complex data insights into actionable recommendations.
  • Proven ability to work collaboratively with cross-functional teams, and build strong relationships with stakeholders at all levels.
  • Strong commercial acumen, with a deep understanding of the insurance market and its trends.
  • Curiosity and interest in exploring and understanding data, with a passion for driving business results through data-driven insights.