Pricing Analyst
New Yesterday
Overview
Pricing Analyst role at Markerstudy Group. Location: Haywards Heath or Manchester (Hybrid).
Markerstudy is a leading provider of private insurance in the UK, insuring around 5% of private cars, 20% of commercial vehicles and over 30% of motorcycles with total premium levels of circa £1.2b. The company acts as the pricing provider behind household names such as Co-op, Sainsbury's, O2, Halifax, AA, Saga and Lloyds Bank, and has a growing direct presence in the market. Following acquisitions of Co-op Insurance Services (2021) and BGLi (2022), Markerstudy is pursuing innovative pricing techniques on an award-winning insurer hosted rating platform.
Role
As a Pricing Analyst, you will use your analytical skills to support pricing teams and enable growth within Motor & Home portfolios by building and maintaining models, monitoring performance, and collaborating with cross-functional teams.
Responsibilities
- Support development of advanced pricing models using a combination of traditional and data science techniques across Private Car, Commercial Vehicle & Home accounts
- Advance the adoption of data science and statistical techniques across pricing and underwriting
- Communicate results to key decision makers across the business for action based on pricing analysis
- Review observed and expected performance of key accounts
- Collaborate with peers in pricing, underwriting and data science
- Facilitate automation of repeatable tasks
- Utilise specialist software to monitor trends and review impact of pricing proposals
Key Skills and Experience
- Experience in statistical and data science programming languages (e.g. R, Python, PySpark, SAS, SQL)
- A quantitative degree (Mathematics, Statistics, Engineering, Physics, Computer Science, Actuarial Science)
- Experience with WTW's Radar software preferred but not essential
- Strong communication of results both verbally and in writing
- Ability to analyse, understand and interpret data from varying sources
Behaviours
- Self-motivated with a drive to learn and develop
- Logical thinker with a professional and positive attitude
- Passion to innovate, improve processes and challenge the norm
- Professional demeanor with a sense of humour
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Seniority
- Entry level
Employment Type
- Full-time
Job Function
- Finance
Additional notes: Manchester Area, United Kingdom; several recent postings in Manchester area indicating ongoing hiring activity.
- Location:
- Manchester, England, United Kingdom
- Salary:
- £80,000 - £100,000
- Job Type:
- FullTime
- Category:
- Finance, Management & Operations
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