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The Pricing Analyst formulates pricing strategies, analyses data, recalibrates models, and collaborates with teams to enhance pricing accuracy and profitability.
Are you a people-person with a passion for numbers and a knack for making connections? Do you thrive in dynamic environments where your ability to communicate and influence truly makes an impact? We're on the hunt for an energetic Pricing Analyst to join our MGA,who loves to engage, collaborate, and drive success through powerful stakeholder relationships.
If you enjoy translating complex data into compelling insights and working hand-in-hand with a diverse range of teams, then this is the perfect opportunity for you. We're looking for someone who isn't afraid to step up, share their expertise, and contribute to a vibrant, fast-paced atmosphere where your proactive approach to stakeholder engagement will be highly valued.
As one of our Pricing Analysts, you’ll:
- Formulate and implement approaches to project future expected claims frequency and severity across multiple accounts, presenting your findings to key stakeholders.
- Recalibrate pricing models based on changes in expected performance, ensuring profitability and competitiveness through collaborative discussions.
- Utilise statistical techniques to analyse historical data and risk factors, working with teams to adjust or create new pricing models.
- Apply actuarial and pricing judgment, actively supporting low data areas and working collaboratively with underwriters to drive informed decisions.
- Monitor expected claims costs against actuals, closely engaging with the Actuarial function to ensure alignment and address discrepancies.
- Support the monitoring of new business and renewal performance in a fast-moving online environment, providing insights and communicating effectively with business units.
We're looking for someone who is:
- Strong analytically, with the ability to interpret complex data and confidently present data-driven pricing decisions to a wide audience.
- Able to think outside the box and develop innovative solutions, eagerly sharing ideas and collaborating to meet business and profitability goals.
- Proficient in statistical modeling techniques and pricing software/tools, ready to leverage your expertise in a team setting.
- Able to work in low data areas, make recommendations, and communicate uncertainty effectively and clearly to non-technical stakeholders.
- A natural communicator, able to explain complex concepts with ease and engage persuasively with non-technical audiences.
- A true team player, with a collaborative mindset and the ability to work effectively and proactively in cross-functional teams.
Don't let the confidence gap hold you back - apply even if you don't meet every bullet point. We welcome diverse backgrounds and are committed to an inclusive, supportive environment where you can thrive.
If you're ready to bring your analytical prowess and exceptional people skills to a role where you can truly shine, we want to hear from you! Apply now and let's build something great together.
About Simply Business
We insure small businesses and enable big dreams – not just for our customers, but for our people and communities too. With over 1,000,000 active insurance policies, we protect builders, bakers, landlords and more than 1,200 other trades.
We’re a technology company as well as one that sells insurance. That means we build, we fail, we learn and we improve. We’re a B Corp too, which recognises our strong track record of having a positive impact on people, society and the environment.
Why not check out our advert on YouTube: Simply Business TV advert 2024: 'Simply the Best'
What are the benefits of working at Simply Business?
We offer a great work-life balance where every team member has a manageable workload and the flexibility to work hybrid.
On top of the 25 days annual leave (plus bank holidays), we offer leave that suits your needs. Plus the option to buy five more days of holiday with your flexible benefits.
Our flexible parental leave allows you to approach an important time how you want – with six months full pay to the primary caregiver and four weeks full pay if you’re the secondary caregiver.
Our life event leave is an extra days leave every two years for those big moments in your life like moving house or your birthday. And as a thank you to our long-serving employees we offer a two week paid sabbatical after five years of service, then four weeks off after ten years of service.
And our core benefits can put your mind at ease with private medical insurance through BUPA, that covers any pre-existing condition. And a health cash plan that covers your everyday medical expenses.
We also make sure you’re compensated fairly with a competitive salary based on your experience and the market we’re in. Plus the potential to earn an annual bonus based on performance.
There’s access to the tools to support your personal development with programmes on our dedicated learning platform. As well as support for your mental health with access to counselling.
We’ll match what you put into your pension up to five per cent. And pass on a tax-free sum that’s four times your basic salary with our life assurance policy, with the option to increase it to ten times through our flexible benefit scheme
Our salary sacrifice car scheme gives you the option to buy a brand new, fully insured, and maintained car for a convenient fixed monthly amount taken from your gross salary (after 6 months service).
And our flexible benefits scheme gives you an allocated amount to use each year on benefits like critical illness cover, dental insurance, travel insurance, or a gym membership.
Ready to join us and drive our success as a high-performing team? Apply today.
Top Skills
Pricing Software
Statistical Modeling Techniques
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