Pricing Strategy Lead
1 month ago
Company Overview
At esure, we're driven by innovation and a passion for excellence. As a pioneering insurer, we're shaping the future of insurance and seeking talented professionals to join our journey.
Salary
We offer a highly competitive salary that reflects your skills and experience, with an estimated range of £60,000 - £80,000 per annum, depending on your qualifications and background.
Job Description
As our Principal Pricing Analyst, you'll be a key player in driving business success through data-driven insights. You'll work closely with our Pricing team to develop and implement pricing strategies that optimize profitability and customer satisfaction.
Key Responsibilities:
- Develop and coordinate changes to prices and underwriting criteria for Motor products to achieve volume and profit targets.
- Collaborate with the business to understand key aspects of Pricing risk pricing, retail pricing, and expenses, including modeling and derivation.
- Lead the build and updating of significant risk/retail models using Radar, Emblem, and alternative techniques.
- Maintain oversight of analysis to monitor issues in key business performance areas, such as conversion, retention, loss ratios, and rate analysis.
- Deliver step-change improvements to esure's pricing capabilities using insights from internal and external sources.
- Counsel and mentor analysts and senior analysts, supporting task management, priority assessment, and mentorship on key data or projects.
- Contribute to the delivery of pricing initiatives and provide new ideas to enhance market-leading pricing and rating capabilities.
Requirements and Qualifications
To succeed in this role, you'll need:
- A passion for data analysis and drawing meaningful insights from data to inform business decisions.
- Experience in a Senior or Principal Pricing role, with knowledge of UK Motor or Home insurance products/market.
- Proficiency in Radar and other insurance pricing software, such as Emblem.
- Familiarity with statistical software, SQL, and solid understanding of pricing and modeling techniques.
- The ability to communicate technical information effectively and produce clear, concise reports.
Benefits
At esure, we value our employees and offer a comprehensive benefits package, including:
- A competitive bonus scheme celebrating individual contributions to our success.
- Discounts on our insurance products for you and your family.
- 25 days annual leave, plus 8 flex days to be taken as needed.
- Access to My Benefits Box, featuring perks to support your health, wellbeing, lifestyle, and finances.
- Professional development opportunities, including training, mentoring, LinkedIn Learning licenses, and expert partner resources.
- Flexible working arrangements, including part-time, job sharing, compressed hours, and hybrid working options.
- A supportive environment promoting employee engagement, recognition, and appreciation.
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