SENIOR PRICING ANALYST
UP TO £50,000
1 day a week in Greater London
This business seeks a Senior Pricing Analyst to work across their aggregator function looking at new customer acquisition.
THE COMPANY
This is a growing UK based insur-tech offering specialist travel insurance to those who may struggle with typical insurers, for reasons like ill health, and old age. This is a growth role, where you will be responsible for maximising the number of new channels the business earns through aggregator channels.
THE ROLE
You will be doing the following daily:
*Collaborate with teams across Product, Underwriting, Finance, and Marketing to design and price travel insurance products customized for specific customer segments.
*Conduct market research and analyse competitor strategies to identify opportunities for new product development.
*Create and validate retail and technical pricing models for new products to balance customer satisfaction and profitability goals.
*Implement new pricing frameworks within the rating engine, ensuring accurate reflection on aggregator platforms.
*Analyse data from aggregator platforms to understand pricing trends, market conditions, and customer behaviour.
*Develop and execute competitive pricing strategies to boost quote volume and conversion rates on aggregator channels.
*Monitor pricing performance across multiple aggregator platforms daily, making rapid adjustments to maintain competitiveness.
*Perform in-depth analysis of sales data and customer demographics to detect trends and identify areas for improvement.
*Apply statistical and machine learning techniques to refine pricing models and align them with evolving market dynamics.
*Work with the pricing team to improve demand forecasting models and enhance price sensitivity analysis.
*Track key performance metrics like conversion rates, loss ratios, GWP, and income across aggregator platforms and brands.
*Coordinate closely with the Commercial team to align pricing strategies with sales goals and partner requirements.
*Collaborate with Product and Underwriting teams to ensure pricing updates align with product coverage and regulatory standards.
*Partner with Marketing to test and implement promotional pricing strategies on aggregator platforms.
YOUR SKILLS AND EXPERIENCE
*2+ years of experience in a pricing role within the insurance industry.
*Experience working with aggregator platforms is highly desirable.
*Experience developing and pricing new insurance products.
*Proficiency in SAS, SQL, Python, or R.
*Strong written and verbal communication skills.
*Numerate degree from a Russel Group university.
*Excellent written and verbal communication skills.
THE BENEFITS
*Up to £50,000.
*Discretionary bonus.
*Flexible working pattern.
HOW TO APPLY
Please register your interest by sending your CV to Gaby Adamis via the Apply link on this page.