Pricing Analyst

Pricing Analyst
Worthing
£40 to 50k, DoE
Pricing Analyst required to join our dynamic team in Worthing. As a Pricing Analyst, you will play a pivotal role in developing and implementing pricing strategies to ensure profitability and competitiveness in the insurance market.

Specifics of the role:
Operate on both supply side (underwriting) and demand side (sales) pricing
Developing, maintaining, and enhancing pricing models for their insurance products, ensuring they are both competitive and profitable.
Analysing historical claims and other relevant data to identify trends and patterns, and applying this knowledge to optimize pricing strategies.
Refine and develop metrics for tracking performance across the company's portfolio
Collaborating with external underwriters, product development, and other cross-functional teams to design new and innovative insurance products.
Monitoring the performance of existing products and recommending adjustments to pricing and coverage as needed.
Staying current with industry trends, regulatory changes, and emerging methodologies to ensure best practices are consistently applied.
Preparing clear and concise reports for management and other stakeholders, outlining pricing recommendations and their potential impact on the business.
Supporting the development and implementation of advanced pricing tools and methodologies.