Insurance Pricing Analyst Graduate Scheme
Region: Midlands
Contract type: Graduate
Reference number: EACA00031
Working pattern: Full-time
Salary: £30,000 + 10% annual bonus + benefits package
* Salary- £30,000 + up to 10% annual bonus + incremental pay increases and annual pay reviews
* Scheme length– 3 years
* Location– Stratford upon Avon – hybrid working
* Entry criteria- minimum degree classification of 2.2 in a subject with a strong numerical and/or analytical component
Pricing plays a key role in setting the cost of our insurance policies. They analyse data, assess risks, and predict trends to ensure premiums are fair and competitive. By balancing customer needs with business goals, they help the company stay profitable while offering great value to customers.
Our Pricing team is a forward-thinking group that values diversity and fosters a supportive environment for all. With a strong "grow our own" initiative, we are dedicated to nurturing talent and developing our future leaders. We believe in empowering our team members to reach their full potential through mentorship and continuous learning opportunities.
What you can expect
In our exciting 3-year scheme, you’ll dive into various aspects of insurance pricing with a wide range of responsibilities, including:
* Extracting, cleaning, and analysing data for modelling purposes.
* Conducting complex analyses to inform continuous improvement of our data and models.
* Refining and operating pricing models and reporting results to support informed business decisions.
* Developing rating logic that ensures effective pricing outcomes.
* Implementing quality control processes to guarantee that our models and data deliver the expected outputs.
* Preparing reports, communicating findings, and addressing queries to provide excellent service to both the team and business stakeholders.
You’ll work collaboratively on daily tasks while also having the chance to participate in exciting projects and change initiatives.
Your future
Throughout the scheme, you’ll strengthen your core skills, earn qualifications, and develop essential competencies to set you up for a successful career. You'll be fully supported along the way, with a dedicated buddy and mentor, plus a strong network of current and former graduates.
What we're looking for
To join this scheme, you’ll need to have achieved, or be on track for, at least a 2:2 degree. A degree with a strong numerical and analytical component is essential, as this will equip you with the skills needed to thrive. You’ll have a passion for learning and a curious mind, and we’ll also be looking out for:
* Teamwork and collaboration skills– essential for working alongside diverse teams.
* Communication skills– crucial for clearly presenting complex analyses and data-driven recommendations.
* Analytical skills– key for dissecting data sets and conducting sophisticated analysis.
* Digital literacy– important for learning our variety of tools and software.
* Self-motivation and adaptability– vital for taking initiative on projects.
Benefits and Rewards
When you join our team, you can expect a supportive culture and an attractive range of rewards and benefits including:
* Salary - £30,000
* Annual bonus (up to 10% of salary)
* Contributory pension scheme
* 25 days annual leave + bank holidays
* A Family Friendly policy
* Access to savings at High Street brands
* Health and wellbeing plan
* Employee Volunteering
Working at NFU Mutual
We’re one of the UK’s leading general insurance and financial services companies. For over 110 years we’ve put our customers at the heart of everything we do. Our people are just as important to us. We pride ourselves on being “a great place to work” and we're recognized as a certified UK Top Employer.
Application process
If your application is shortlisted, you’ll be invited to complete an online assessment designed to measure your potential for success. The following stage is a short video interview, and the final stage will be an in-person assessment centre.
#J-18808-Ljbffr