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Pricing Analyst - General Insurance

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The details

Posted:

Pricing Analyst: £55,000 - £75,000

A rapidly growing insurtech company are seeking a highly motivated and skilled Pricing Analyst/Actuary to join their dynamic, pricing team.
The pricing team works closely with data engineering, machine learning, marketing, and wider tech teams to underpin the company's growth and footprint. We are looking for someone who is passionate about using data to drive business decisions.

Responsibilities:

As a Pricing Analyst/Actuary, you will:

  • Utilize advanced analytics and machine learning techniques to develop and apply pricing structures.
  • Take on GLM modelling tasks for Home/Motor products using Emblem and/or Radar.
  • Design data structures for pricing assessment, modelling work, and portfolio performance.
  • Participate in testing and reconcile pricing structures for Home/Motor products.
  • Actively deliver pricing team objectives, including customer acquisition, loss ratio, renewal retention, and customer mix.

Requirements:
The ideal candidate will possess:

  • 2 to 4 years of experience in an insurer environment
  • Experience with risk models such as GLMs via software, preferably WTW Emblem (desirable).
  • Knowledge of WTW RADAR software (desirable).
  • Strong data manipulation skills using SQL/Python/R/WPS or similar (desirable).
  • Experience with rating update processes, performance, and impact monitoring.
  • Good understanding of retail price optimization.
Applications Closed