Senior Insurance Pricing Analyst *FTC

Position: Senior Insurance Pricing Analyst *FTC Until 30th August 2026*
Senior Pricing Analyst £40,000 - £45,000 dependent on experience Permanent Folkestone/London Hybrid As a Senior Pricing Analyst, you will be managing Sagas street pricing to support the delivery of the insurance strategy, customer outcomes and contribution to the achievement of the overall P&L for Saga Services (SSL). We are looking for an experienced pricing expert who has a proven track record of developing innovative solutions to continuously improve Saga Services' pricing capabilities and support the trading performance.

You will bring an understanding of the drivers of best-in-class street pricing and commercial success in a Personal Lines insurance business and implement innovative and new approaches to generate value. You will be working closely with the Pricing Managers to develop and implement complex solutions to help continuously improve our pricing capabilities. Additionally, you will work closely with the wider business to use your Pricing expertise to support key aspects of the Groups strategy and companys key shareholder objectives We work in a hybrid way at Saga both at home and in the office.

This role requires you to be working from our Folkestone or London office an adhoc basis allowing us to collaborate and share success as a business. Package Description At Saga we recognise that our people make us special. We believe our colleagues deserve rewards for the excellence they demonstrate every single day, that's why we have put together an amazing benefits package for all colleagues.

BENEFITS AVAILABLE TO ALL COLLEAGUES: 25 days holiday  bank holidays Option to purchase additional leave - 5 extra days Pension scheme matched up to 10% Company performance related annual bonus - Up to 5% Life assurance policy on joining us, 4 x salary Wellbeing programme Colleague discounts including family discounts on cruises, holidays and insurance Range of reductions and offers from leading retailers, travel groups and entertainment companies Enhanced maternity and paternity leave Grandparents leave Income protection Access to Saga Academy, our bespoke learning platform Main Responsibilities As a Senior Pricing Analyst you will be responsible for proactively using data to identify areas of opportunity to drive commercial value and competitive advantage, delivering profitable growth for Sagas insurance business.

Other accountabilities include:
Model, interpret and monitor business data to identify and confirm market trends, product opportunities and new / changing rating factors. Provide pricing thought leadership using your experience of insurance pricing and data. Provide subject matter expert support in your areas of expertise on strategic projects. Assist in development of pricing models for deployment to the rating system, making best use of Radar and other software tools.

Make recommendations based on your analysis. Mine, extract and interpret data to bring out insights, using cutting edge techniques, including machine learning. Monitor and assess impact of changes post implementation and proactively recommend amendments to flag where further investigation and action is needed. Pricing support for business change initiatives. Ensure adherence to pricing fairness rules and data usage policies. Represent the needs of the pricing department in business change programmes as required.

Supporting testing of price-related IT changes if required. Support in the learning and development of analysts within the pricing team.

The Ideal Candidate As a Senior Pricing Analyst, personal lines experience is essential. Experience in Travel and PMI would be advantageous. Other industry experience would include:
Detailed knowledge of General Insurance pricing processes and methodologies. Strong numerical and statistical capabilities. Inquisitive, natural problem solver. Excellent oral and written communication skills. Strong influencing and relationship management skills. Possesses strong team coaching/management abilities and actively motivates others to win. Proactive, enthusiastic, and self-motivated. Strong organisational skills, e.g. time management, documentation etc. Knowledge of modelling…