Pricing Analyst

40000.00 - 45000.00 GBP Annual + GBP40000 - GBP45000/annum benefits
14 Jun 2017
12 Jul 2017
Contract Type
Full Time
Pricing Analyst

SearchBI are working with an industry leading insurance broker to help secure a Pricing Analyst for their aware winning team.

You will be involved in managing profitability & underwriting performance of the allocated products to deliver target loss ratio and presenting this effectively to capacity providers to maintain existing and secure new facilities.

Further to this deliver Gross Written Premium targets on allocated products by maintaining a competitive market position, maximising product risk acceptance and coverage without compromising Underwriting performance.

This is a business-critical position and my client are looking to start the interview process ASAP.


* To carry out analysis on rating factors for motor insurance
* To produce management information relating to product performance regularly or ad-hoc for use by Senior Management
* To complete statistical analysis arising from changes in the mix of business and performance.
* Support other analyses such as expenses, budgets and renewal retention
* Provide input to the Underwriting & Pricing Committee meetings
* To have a good general technical knowledge of General Insurance products, market developments and market trends for home and motor insurance
* To acquire an in-depth knowledge of the tools they use e.g. Qlikview, Excel, Access
* Document processes to help the team become efficient as possible
* Assist the senior analyst in objectives to support the business
* Understand the teams key objectives and ensure that all activity is focused on delivering those key objectives
* Undertake other duties over and above those listed in the job description, appropriate to the individual's skills and experience

Customer Focus:

Ensure that their customers are treated in accordance with the principals of Treating Customers Fairly (TCF)

Act in accordance with the Company's values with both internal and external customers to facilitate continued and improved company reputation and success

Governance Focus:

Ensure all activities are carried out in compliance with all relevant regulatory and legal requirements and company policies

Remain vigilant to the potential opportunities for financial crime, fraud and money laundering and take actions appropriate to mitigate their likelihood and impact

Alert to potential regulatory and business risks within the Department. Also ensure such risks are included in the Departmental Risk Management Programme, and that action is taken to mitigate them

The personal data of customers, staff and other individuals must be handled lawfully and in accordance with the Data Protection Act 1998, and other related legislation. Employees are also individually responsible for ensuring they comply with associated company policies and procedures

Ideal Person Specification:

* Strong numerical and analytical skills plus a desire to apply those skills in a practical business approach
* Strong problem solving skills
* Ability to communicate complex concepts and issues to all levels
* Enjoy working by yourself as well as with various teams across the business
* Display attention to detail and accuracy
* Ability to manage and prioritise given workload with business objectives
* Previous experience using QlikView would be favourable but not essential
* Strong planning and organisational skills and the ability to work to deadline
* Ability to develop and sustain relationships with internal and external parties
* Effective communication skills
* This is an excellent opportunity to work for a market leading business at a time of rapid and sustained company growth.

To apply for this role you must have full eligibility to live and work in the UK.

For more information on this position and other Business Intelligence or security roles please our website (url removed)

SearchBI are the first choice for Business Intelligence and Agile BI recruitment business in the UK and internationally. We work with Software Houses, Partners and End Users throughout the UK and Europe. As unique specialists in this niche marketplace we have positioned ourselves ideally to satisfy the needs of a variety of clients. We understand our industry and use our expansive network to position ourselves as market leaders for all Agile Business Intelligence requirements

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