Jobs

    Pricing Analyst Analyst - Manchester, United Kingdom - Vermelo RPO

    Vermelo RPO
    Vermelo RPO Manchester, United Kingdom

    2 weeks ago

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    Description

    Job Description Job Title:
    Senior Pricing Analyst
    Haywards Heath or Manchester (Hybrid)

    Our client is looking for a Senior Pricing Analyst to join a quickly growing and developing pricing department across a range of insurance lines.

    They is a leading provider of private insurance in the UK, insuring around 5% of the private cars on the UK roads, 20% of commercial vehicles and over 30% of motorcycles in total premium levels of circa £1.2b.

    The majority of business is written as the insurance pricing provider behind household names such as Co-op, Sainsbury's, O2, Halifax, AA, Saga and Lloyds Bank to list a few and also has a large and growing direct presence in the market as well.

    As a Senior Pricing Analyst, you will use your advanced analytical skills to:

    Be a key stakeholder influencing the direction & outcome of projects across a range of personal lines products
    Create innovative data solutions finding new ways to mine insight & present data
    Build and maintain sophisticated models, prioritising a range of data science techniques
    Develop reporting structures to monitor pricing performance in an automated fashion

    Working with either retail or technical pricing teams and closely with underwriting teams, your insight and recommendations will enable improvements to products and prices giving a critical advantage in the increasingly competitive insurance market.

    Develop a suite of advanced pricing models using a combination of traditional & data science techniques across Private Car, Commercial Vehicle & Home accounts
    Advance the adoption of data science & statistical techniques across pricing & underwriting
    Research and leverage new and existing data sources; capturing and explaining trends with innovative data features
    Communicate results to key decision makers across the business for action based on the results of pricing analysis
    Review observed & expected performance of key accounts
    Collaborate with peers in pricing, underwriting and data science
    Using specialist software to monitor trends and review impact of pricing proposals
    Logistic Regression, GBMs, Elastic Net GLMs, GAMs, Decision Trees, Random Forests, Neural Nets and Clustering
    Experience in statistical and data science programming languages (e.g. R, Python, PySpark, SAS, SQL)
    A good quantitative degree (Mathematics, Statistics, Engineering, Physics, Computer Science, Actuarial Science)
    Experience of WTW's Radar software is preferred

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