Principal Pricing Analyst

Job Description

Our Pricing team is the engine room of our business and key to our continued success. The Principal Pricing Analyst will help us to significantly improve the profitability of esure through driving improvements to our Motor pricing, across all of our brands and channels.

It’s a very exciting time to join the team! We have delivered a huge transformation programme and continue to strive to become a world class, data driven and digital business. We implemented a brand-new platform, improved data systems and now have no old technology holding us back. With your help we can analyse real time data, this means we are really looking for an individual who is passionate about all things data, loves to get into the detail of things and can use data to tell a story and make recommendations to our business.

What you will do:

• Recommend, deliver and coordinate changes to prices and underwriting criteria for our Motor products to help achieve volume and profit targets.
• Collaborate with the business to help them understand main aspects of Pricing e.g. risk pricing, retail pricing and expenses, including how these are modelled and derived.
• Lead and coordinate the build and updating of significant risk/retail models using Radar, Emblem and any other alternative modelling/Data Science techniques.
• Have full oversight of analysis to monitor any issues in key aspects of business performance, such as conversion, retention, loss ratios, and rate analysis.
• Use insights gained from internal and external sources to deliver a step change improvement to esure’s pricing capabilities.
• Be a coach and mentor to our Analysts and Senior Analysts and support in managing tasks, assessing priorities and mentorship on key data or projects
• Support in the delivery of pricing initiatives, as well as feeding in new ideas, to make our pricing and rating capabilities market leading.

Qualifications

We’d love you to have:

• A passion for data, analysis and drawing meaningful insight from data to share with a business to make impactful recommendations and changes.
• Experience within a Senior or Principal Pricing role with knowledge of the UK Motor or Home insurance products / markets.
• Experience with Radar and other insurance pricing software such as Emblem.
• Good experience with statistical software SQL
• Solid understanding of pricing and modelling techniques
• The ability to communicate technical information in non-technical terms and to be able to produce clear and concise reports.

Additional Information

Why choose us?

This is your opportunity to be at the forefront of our game-changing journey and be part of something truly special! And to top it off, here are some perks to life at esure…

• A competitive salary that recognises your skills and potential
• A bonus scheme that celebrates your contribution to esure’s success
• Discounts on our insurance products, for you and your family
• 25 days annual leave, plus 8 flex days to be taken as and when suits you
• Benefits just for you: our hub – My Benefits Box – is loaded with perks to choose from, so you can build a personal toolkit to support your health, wellbeing, lifestyle, and finances.
• Grow your career with us: whatever your goals, we’ll support you with hands-on training, mentoring, a LinkedIn Learning licence, access to our exclusive Academies, regular career conversations, and expert partner resources from the likes of Women in Data and Women in Tech.
• Join our communities: our networks give you the chance to connect, learn and share with like-minded colleagues across the business – for work and play. So, it’s no surprise our people consistently rate ‘making friends at work’ one of the highest scorers in our colleague engagement survey
• More flexibility for you: we’re a proud supporter of the ABI’s Make Flexible Work campaign and welcome you to ask about the flexibility you need. Our hybrid working approach also puts you in the driving seat of how and where you do your best work.
• Live a healthy lifestyle: we offer lots of support, so you feel like the best version of yourself – like specialist advice through our employee assistance programme, wellbeing classes, access to the My Health Advantage app, our Big Team Challenge, and learning sessions on topics like menopause.
• A helping hand to do your bit for a greener and safer world: driving good in the world couldn’t be more important to us. That’s why we encourage colleagues to use volunteering days to support their local communities and have lots of initiatives to help you live a greener lifestyle.
• Everyday appreciation: praise from your colleagues means the world! Our social recognition tool makes it easy to give colleagues the praise they deserve, and you could even be shortlisted for a company-wide ACE Award.

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.