SENIOR PRICING ANALYST UP TO £50,000 1 day a week in the Greater London office 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.