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Senior Pricing Analyst

Posted a month ago

  • London, Greater London
  • Any
  • External
  • Expires In 2 months
FT 35 hours per week
Hybrid Home and London Hub
As our new Senior Pricing Leadyou will be pivotal in improving Sagas risk pricing for our home insurance product to support the delivery of the insurance strategy, customer outcomes and contribution to the achievement of the overall P&L for Acromas Insurance Company Limited (AICL).
You will be a proactive and experienced professional with an extensive knowledge of pricing methodologies, KPIs & customer journeys.
You will utilise your broad knowledge of risk pricing in a Personal Lines insurance business to implement innovative and new approaches to grow the relevant book profitably. You will be working closely with the Pricing Manager to develop and implement complex solutions, including those beyond standard pricing and actuarial techniques, to help our pricing capabilities attain market leading status.
Role Responsibility
As a Senior Pricing Analystyou will be accountable for the following areas;
Making significant contributions to pricing model development and granular pricing analysis, including use of machine learning, and identifying new data sources to modernise pricing models
Monitoring performance of pricing models and amending where required
Developing management information and performing ad-hoc analysis to help inform key business decisions.
Understanding and explaining emerging trends in the Home market
Investigating and implementing innovative technical solutions to new and complex problems which sit outside of BAU work
Being proactive and using experience and judgement to develop value adding proposals, with little or no input from a pricing manager
Guiding and mentoring analysts within and outside of the team
Carrying out peer reviews of colleagues work, checking for technical accuracy as well as reflecting on wider implications.
Sharing extensive knowledge and experience within and outside the pricing team
Acting as a first point of contact, role model and mentor for fellow pricing leads and junior analysts
The Ideal Candidate
As the successful Senior Pricing Analystyou will be working within the Home team; however, we are open to candidates with technical experience across personal lines.
Other skills and experience required include:
Knowledge of General Insurance pricing processes and methodologies
Extensive knowledge of risk price modelling with GLMs and/or machine learning.
Strong numerical and statistical capabilities.
Excellent oral and written communication skills.
Proactive, enthusiastic, and self-motivated
Strong organisational skills, e.g. time management, documentation etc.
Viewed as a technical expert and a role model for analysts and leads
Knowledge of modelling software, such as Radar, Emblem, or similar systems.
Experienced in some programming languages such as SQL, R and Python
Part Qualified Actuary
Package Description
Everyday our colleagues deliver exceptional experiences to our customers. We believe exceptional work deserves even more exceptional rewards, that's why we have put together an amazing benefits package for all colleagues.
We offer total flexibility over where you work you choose a place that you feel most comfortable and productive, either from home or in one of our hubs in London, Ashford or Sandwich.
Benefits available to all colleagues:
Our working week is 35 hours per week, these can be worked flexibly to suit your working style
25 days holiday + bank holidays
Option to purchase additional leave up to 5 extra days
Pension scheme matched up to 10%
Life assurance policy on joining us
Wellbeing programme
Colleague discounts including family discounts on cruises and holidays
Range of reductions and offers from leading retailers, travel groups and entertainment companies
Enhanced maternity and paternity leave
Grandparents leave
Company performance related annual bonus - Up to 5%
Income protection
Access to Saga Academy, our bespoke learning platform
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