Here at esure Group, we’re no strangers to change. As one of the industry leaders in the insurance business, striving to become a world class digital insurer, we’re getting ready for more. It’s creating great new opportunities for innovative and talented industry professionals to join us at a pivotal point in our development.
It’s an opportunity you simply don’t want to miss. You can expect our investment in you to include a highly competitive package, career and development opportunities and flexible benefits built around you and your lifestyle.
Job Description
The Day to Day...
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 products, channels and brands. You'll be responsible for delivering pricing initiatives to make esure’s pricing and rating capabilities market leading.
* You will develop an understanding of the market and brings relevant market insight to the attention of the Pricing Team.
* You'll be familiar with the main aspects of Pricing e.g. risk pricing, retail pricing and expenses, including how these are modelled/derived.
* Leads on building and updating risk/retail models using Radar, Emblem and alternative modelling/Data Science techniques.
* Responsible for implementing 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.
* Leads 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.
* Can understand and interrogate relevant data assets as well as some external data sources.
* Has a knowledge of all esure products, understanding the differences between them and how they should be analysed.
Qualifications
We’d love you to bring…
* Proven track record in analysis and detailed knowledge of the UK Motor & Home Insurance markets.
* Degree level education or equivalent with proven numeracy skills.
We’d also like to hear if you have…
* A knowledge of pricing and modelling techniques
* Experience of applying multivariate statistical and/or Data Science techniques (e.g. Regression (GLMs), Clustering, GBMs) to business problems
* Computer literate with a knowledge of statistical software such as SAS or Python would be an advantage, as well as insurance pricing software, e.g. Radar and Emblem.
* A well organised and logical approach, with attention to detail and good communication skills are essential as is the ability to demonstrate an in-depth understanding of how the business works and performs.
* The ability to communicate technical information in non-technical terms where appropriate and the ability to produce clear and concise written reports.
Additional Information
What we will offer you in return:
* A competitive salary that recognises your skills, experience and potential
* 25 days annual leave plus 8 flex days (equivalent to bank holidays to be taken as and when suits you)
* Flexible benefits platform - choose the benefits that suit you and your lifestyle
* Bonus scheme
* Flexible / hybrid working model
* Staff discount on our products
We welcome you to ask about the flexibility you need. This might be part-time, job share or compressed hours for example. Anyone who applies for a role can ask about flexibility at interview. In return, we will explore what is possible for the role.
We understand some people may not apply for jobs unless they tick every box. If you are excited about joining us and think you have some of what we are looking for, even if you’re not 100% sure we would love to hear from you.