Senior Pricing Analyst

What you’ll do

As a Senior Pricing Analyst you will recommend and deliver changes to prices and underwriting criteria to help achieve volume and profit targets across all product channels and brands. You’ll be responsible for delivering pricing initiatives to make sure pricing and rating capabilities are market‑leading.

• Develop an understanding of the market and bring relevant market insight to the attention of the Pricing Team.
• Be familiar with the main aspects of pricing e.g. risk pricing, retail pricing and expenses, including how these are modelled/derived.
• Lead on building and updating risk/retail models using Radar, Emblem and alternative modelling/data science techniques.
• Implement changes through the pricing algorithm as required. Ensure all rate changes are made promptly in a controlled manner and that there are no major rate‑change audit issues.
• Lead on analysis to monitor key aspects of business performance such as conversion, retention, loss ratios and rate analysis as directed by the Pricing Manager, flagging any issues.
• Understand and interrogate relevant data assets as well as some external data sources.
• Have knowledge of all esure products, understanding the differences between them and how they should be analysed.

• Proven track record in analysis and detailed knowledge of the UK motor & home insurance markets.
• Degree‑level education or equivalent with proven numeracy skills.
• Knowledge of pricing and modelling techniques.
• Experience applying multivariate statistical and/or data science techniques (e.g. regression (GLMs), clustering, GBMs) to business problems.
• Computer literate with knowledge of statistical software such as SAS or Python; insurance pricing software (Radar and Emblem) would be an advantage.
• Well organised and logical approach with attention to detail and strong communication skills.
• Ability to communicate technical information in non‑technical terms and produce clear, concise written reports.

• Introductory call with a Recruitment Partner; a get‑to‑know‑you session and exploration of the position.
• 1st stage interview – 1.5 hours with the Head of Pricing and another senior member of the Pricing team; covers technical pricing questions.
• 2nd stage – an additional hour with a couple of members from the Pricing team.

• Competitive salary that reflects your skills, experience and potential.
• Discretionary bonus scheme that recognises your hard work and contributions to esures success.
• 25 days annual leave plus 8 flexible days and the ability to buy and sell further holiday.
• Flexible benefits platform with perks to support your health, wellbeing, lifestyle and finances.
• Company‑funded private medical insurance for qualifying colleagues.
• Fantastic discounts on our insurance products – 50% off for yourself and spouse/partner and 10% off for direct family members.
• Hands‑on training, mentoring, access to exclusive academies, regular career conversations and expert partner resources.
• 2 volunteering days per year to support local communities.
• Internal networks and communities to connect, learn and share ideas.
• Flexible working with hybrid approach and consideration of your needs.
• And more – see a full overview of our benefits here:
  Reward and benefits Esure Group PLC.

We are committed to creating an inclusive and diverse workplace where everyone feels valued, respected and empowered. We celebrate individuality and create spaces where unique backgrounds and experiences can come together. Our commitment to inclusion extends to every part of our business from hiring practices to professional growth opportunities, ensuring equal access and support for all.

Remote Work:
No

Employment Type:

Full‑time

Key Skills

Microsoft Access, Financial Concepts, Tableau, Federal Aviation Regulations, Pricing, Analysis Skills, Cost Accounting Standards, Microsoft Excel, Financial Modeling, SAS, Contracts, Analytics

Experience
: years

Vacancy
: 1