Pricing Analyst in Bradford, West Yorkshire

Applying for the Pricing Analyst role

Job Title: Pricing Analyst
Location: West Yorkshire / Bradford
Salary: £25,000 - £30,000
Type: Full Time
Job Sector: Banking
Sub Sector: Analyst
Job Reference No: MTF43840

Job Description

A new vacancy has arisen within this long established general insurer for a Pricing Analyst in West Yorkshire. The role will involve agreeing, developing and executing a pricing strategy for a company's Home Insurance products that will continue to contribute to the profitable development and planned financial results of the company.

In particular to have responsibility for the following areas: Manipulating and interpreting data and making decisions or recommendations, as appropriate. Competitor price benchmarking. Pricing optimisation, recommendations and impact analysis. Monitoring of Underwriting Performance. Consideration and application (where necessary) of analysis and feedback from the senior management team. There is also a requirement to provide input into senior management meetings to ensure company plans are met and to ensure the company deliver high quality products at competitive prices. Prospective applicants will be expected to manage their time and resources to ensure that any project objectives are met to the required quality and agreed deadlines and that the results of the analysis are signed off by the Head of Underwriting. Compliance with TCF principals and technical FSA regulations is required.

Prospective applicants must possess a high level of IT technical skills in turning data into information through manipulation and analysis. As such, the ability to adopt and use new software is very important. Will ideally possess specialist knowledge of database packages, for example - Access or SAS. Statistical and premium analysis software, for example - EMBLEM, Rate Assessor, Premium Insight and What-if. Microsoft Office and the development of macro-driven application systems. A proven track record of working in a household pricing role would be highly advantageous. Educated to a high level in Maths/Statistics or a business related subject. ACII preferred.

Excellent written and spoken communication skills are required as well as the ability to present difficult concepts in a simple, understandable way to a wide range of stakeholders. An understanding of modern pricing and statistical modelling techniques is essential.

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