Data-Driven Underwriting Systems Analyst
2 days ago
We are seeking a skilled Pricing & Underwriting Systems Analyst to join our team at Vitality Corporate Services Limited. This exciting opportunity will enable you to utilize your analytical skills and knowledge of Microsoft Excel to deliver key pricing changes and implement innovative pricing strategies across our specialized pricing systems, excel end-user applications, and business claims and policy admin systems.
Key Responsibilities:
- Implement individual, small group, and large corporate UK PMI rate reviews and new pricing factors.
- Understand the practical implications of new pricing strategies and proactively feed them into pricing recommendations.
- Deliver all pricing changes as required by Market Pricing, Technical Pricing, and the VitalityHealth Change Programme, including annual new product launch.
- Accurately invite all individual and small group renewals, including monthly renewal checks, weekly/daily releases, and provision of accompanying spreadsheets.
- Create and maintain system, governance, and process documentation as required.
- Maintain existing quoting tools in Microsoft Excel.
- Act as a point of contact for users of system and Excel Quote Tools, supporting them to resolve issues and errors.
- Test and implement improvements and fixes to the existing quoting system and tools.
- Work with IT architects and technology partners to implement new versions of our pricing engine.
Requirements:
- Good knowledge of Maths/Statistics.
- Experience in implementing pricing reviews and building new pricing factors in an insurance pricing system.
- Advanced Microsoft Excel skills (including macros and complex formulas).
- Knowledge of the UK health insurance market or relevant transferable skills from other financial services industries.
- Excellent interpersonal, communication, and influencing skills, with an emphasis on achieving results and successful outcomes.
- High level of attention to detail.
- Ability to understand and apply commercial principles.
- Ability to translate customer requirements into solutions.
- Ability to work in a high-pressure, deadline-based environment and remain calm under pressure.
Benefits:
- Bonus schemes that reward performance.
- A pension of up to 12%, with employer matching up to 6% of salary.
- Award-winning Vitality health insurance with its own set of rewards and benefits.
- Life assurance, four times annual salary.
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